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The Republic of Guatemala is the leading economy of Central America. The service sector, including tourism, accounting for over 58.7% of GDP. Much of the country's economic success may be attributed to Guatemala's foreign trade.
Investment opportunities in Guatemala can be found in tourism projects, agro-industry, telecommunications, transportation, manufacturing and assembly. Guatemala, Honduras and El Salvador are part of the Northern Triangle free trade area. Therefore it benefits from both the Caribbean Basin Initiative (CBI) and Generalised System of Preferences, enjoying preferential access to the US market.
The official language, Spanish, is spoken by the population of 14,000,000. With an area of 108,890 sq. km. (42,042 sq. mi.), Guatemala is the most northerly of the 5 Central American Republics. Its currency is the Quetzal (Q) and it trades at US$1.00 to Q7.74.
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