About Guatemala
General Information
Guatemala, a Central American country south of Mexico, is home to volcanoes, rainforests and ancient Mayan sites. The capital, Guatemala City, features the stately National Palace of Culture and the National Museum of Archaeology and Ethnology. Antigua, west of the capital, contains preserved Spanish colonial buildings. Lake Atitlán, formed in a massive volcanic crater, is surrounded by coffee fields and villages.
Population
Guatemala has a population of 16,176,133
Political Structure
Guatemala is a constitutional democratic republic whereby the President of Guatemala is both head of state and head of government, and of a multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and the Congress of the Republic. The judiciary is independent of the executive and the legislature.
On 2 September 2015, Otto Pérez Molina resigned as President of Guatemala due to a corruption scandal and was replaced by Alejandro Maldonado until January 2016. Congress appointed former Universidad de San Carlos President Alfonso Fuentes Soria as the new vice president in substitution of Maldonado.
Economy
Guatemala is the largest economy in Central America, with a GDP (PPP) per capita of US$5,200. Guatemala faces many social problems and is one of the poorest countries in Latin America. The distribution of income is highly unequal with more than half of the population below the national poverty line and just over 400,000 (3.2%) unemployed. The CIA World Fact Book considers 54.0% of the population of Guatemala to be living in poverty
Language
Guatemala’s sole official language is Spanish
Currency
Quetzal (GTQ)