[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108468-en":3,"doc-seo-108468-105":31,"detail-sidebar-cat-0-en-105":93},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},108468,4398048950312,"Violet","https://ap-avatar.wpscdn.com/avatar/400002538284de19e3c?_k=1778320343897328908",8,"Research & Report","Country Private Sector Diagnostic - Creating Markets in Guatemala - Unlocking Private Sector Potential to Achieve Sustainable and Inclusive Growth and Economic Development - Executive Summary","Country Private Sector Diagnostic (CPSD) is a joint World Bank and IFC undertaking identifying policy reforms to catalyze private sector investment and economic development in Guatemala over the next three to five years. The report targets barriers and opportunities to enable a dynamic private sector, supporting growth, jobs, poverty reduction, and shared prosperity. It outlines constraints such as a weak business environment, limited access to finance, infrastructure and governance gaps, and resulting informality, low productivity, and limited firm dynamism.","Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized  \nPublic  \nCOUNTRY PRIVATE SECTOR DIAGNOSTIC  \nCREATING MARKETS IN GUATEMALA  \nUnlocking Private Sector Potential to Achieve Sustainable and Inclusive Growth and Economic Development  \nExecutive Summary  \nSeptember 2023  \nAbout IFC  \nIFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging marketsand developing economies. We work in more than 100 countries, using our capital, mobilization capacity, expertise, and influence to create jobs and raise living standards, especially for the poor and vulnerable.  \nIn fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to improve people’s lives as economies grapple with the impacts of global compounding crises. For more information, [visit www.ifc.org](visit www.ifc.org).  \n© International Finance Corporation 2023. All rights reserved.  \n2121 Pennsylvania Avenue, N.W.  \nWashington, D.C. 20433  \nThe material in this work is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. IFC does not guarantee the accuracy, reliability or completeness of the content included in this work, or for the conclusions or judgments described herein, and accepts no responsibility or liability for any omissions or errors (including, without limitation, typographical errors and technical errors) in the content whatsoever or for reliance thereon. The findings, interpretations, views, and conclusions expressed herein are those of the authors and do not necessarily reflect the views of the Executive Directors of the International Finance Corporation or of the International Bank for Reconstruction and Development (the World Bank) or the governments they represent.  \nPhotos: Cover, © Salmonnegro/Adobe Stock.  \n3  \nEXECUTIVE SUMMARY  \nThis Country Private Sector Diagnostic (CPSD) is a joint undertaking of the World Bank and IFC to identify policy reforms that will catalyze private sector investment and economic development in Guatemala over the next 3 to 5 years. It aims to support the Guatemalan government's efforts to facilitate the growth of a robust and competitive private sector. The intent is to identify barriers and opportunities for an increasingly dynamic private sector so as to boost its contribution to economic growth, job creation, poverty reduction and shared prosperity. The selected areas of focus, policy conclusions, and recommendations are consistent with the analytical framework presented in the Guatemala Systematic Country Diagnostic update,1 which highlights the advantages of more spatially diversified development.  \nGuatemala, Central America’s largest economy, continues to struggle with modest rates of economic growth and high levels of poverty and inequality. Between 2000 and 2019, annual gross domestic product (GDP) growth averaged 3.5 percent amid tight fiscal and monetary management,2 but improvements in poverty and social development indicators were slow and uneven. The national poverty head count rate remains high at 56 percent,3 the Gini coefficient is 0.45 percent, and 48.2 percent of the population lives in rural areas. Guatemala has among the highest gender inequality index scores and lowest rates of female labor force participation in Latin America and the Caribbean.  \nWith a small public sector, the primary role in driving growth and job creation must fall to the private sector. However, private sector development and growth in Guatemala are constrained by several factors. As detailed in this report, these barriers include a weak business-enabling environment, lack of access to finance, infrastructure constraints, and governance constraints, among others. This challenging private sector-enabling environment creates substantive barriers to entry f","cbCaisegumAm1mLb","https://ap.wps.com/l/cbCaisegumAm1mLb","pdf",1198774,6,1,15,"English","en",105,"# Executive Summary\n## Purpose and Time Horizon\n## Guatemala’s Economic and Social Context\n## Constraints on Private Sector Growth\n## Impacts on Firms, Innovation, and Competitiveness\n## Shift in Economic Structure and Job Quality","[{\"question\":\"What is the goal of the Guatemala Country Private Sector Diagnostic (CPSD)?\",\"answer\":\"The CPSD identifies policy reforms that can catalyze private sector investment and economic development in Guatemala over the next 3 to 5 years, supporting job creation and inclusive growth.\"},{\"question\":\"Which main factors constrain private sector development in Guatemala?\",\"answer\":\"Key barriers include a weak business-enabling environment, lack of access to finance, infrastructure constraints, and governance constraints that reduce entry, competition, and innovation.\"},{\"question\":\"How do these constraints affect firms and the economy?\",\"answer\":\"Limited dynamism and innovation, low firm entry, and barriers to competition contribute to informality, lower productivity, reduced employment potential, and slower improvements in income per capita.\"}]","Country Private Sector Diagnostic - Creating Markets in Guatemala - Unlocking Private Sector Potential to Achieve Sustainable and Inclusive Growth and Economic Development - Executive Summary | PDF",1784471434,38,{"code":4,"msg":32,"data":33},"ok",{"site_id":25,"language":24,"slug":34,"title":13,"keywords":35,"description":14,"schema_data":36,"social_meta":88,"head_meta":90,"extra_data":92,"updated_unix":29},"country-private-sector-diagnostic-creating-markets-in-guatemala-unlocking-private-sector-potential-to-achieve-sustainable-and-inclusive-growth-and-economic-development-executive-summary","",{"@graph":37,"@context":87},[38,55,70],{"@type":39,"itemListElement":40},"BreadcrumbList",[41,45,49,52],{"item":42,"name":43,"@type":44,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":46,"name":47,"@type":44,"position":48},"https://docshare.wps.com/document/","Document",2,{"item":50,"name":12,"@type":44,"position":51},"https://docshare.wps.com/document/research-report/",3,{"item":53,"name":13,"@type":44,"position":54},"https://docshare.wps.com/document/country-private-sector-diagnostic-creating-markets-in-guatemala-unlocking-private-sector-potential-to-achieve-sustainable-and-inclusive-growth-and-economic-development-executive-summary/108468/",4,{"url":53,"name":13,"@type":56,"author":57,"headline":13,"publisher":59,"fileFormat":62,"inLanguage":24,"description":14,"dateModified":63,"datePublished":64,"encodingFormat":62,"isAccessibleForFree":65,"interactionStatistic":66},"DigitalDocument",{"name":9,"@type":58},"Person",{"url":42,"name":60,"@type":61},"DocShare","Organization","application/pdf","2026-08-03","2026-07-19",true,{"@type":67,"interactionType":68,"userInteractionCount":20},"InteractionCounter",{"@type":69},"ViewAction",{"@type":71,"mainEntity":72},"FAQPage",[73,79,83],{"name":74,"@type":75,"acceptedAnswer":76},"What is the goal of the Guatemala Country Private Sector Diagnostic (CPSD)?","Question",{"text":77,"@type":78},"The CPSD identifies policy reforms that can catalyze private sector investment and economic development in Guatemala over the next 3 to 5 years, supporting job creation and inclusive growth.","Answer",{"name":80,"@type":75,"acceptedAnswer":81},"Which main factors constrain private sector development in Guatemala?",{"text":82,"@type":78},"Key barriers include a weak business-enabling environment, lack of access to finance, infrastructure constraints, and governance constraints that reduce entry, competition, and innovation.",{"name":84,"@type":75,"acceptedAnswer":85},"How do these constraints affect firms and the economy?",{"text":86,"@type":78},"Limited dynamism and innovation, low firm entry, and barriers to competition contribute to informality, lower productivity, reduced employment potential, and slower improvements in income per capita.","https://schema.org",{"og:url":53,"og:type":89,"og:title":13,"og:site_name":60,"og:description":14},"article",{"robots":91,"canonical":53},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":94},[95,99,103,107,112,116,121,124,129,132,136],{"id":21,"doc_module":4,"doc_module_name":47,"category_name":96,"show_sort_weight":97,"slug":98},"Story & Novel",90,"story-novel",{"id":48,"doc_module":4,"doc_module_name":47,"category_name":100,"show_sort_weight":101,"slug":102},"Literature",80,"literature",{"id":54,"doc_module":4,"doc_module_name":47,"category_name":104,"show_sort_weight":105,"slug":106},"Exam",70,"exam",{"id":108,"doc_module":4,"doc_module_name":47,"category_name":109,"show_sort_weight":110,"slug":111},5,"Comic",60,"comic",{"id":20,"doc_module":4,"doc_module_name":47,"category_name":113,"show_sort_weight":114,"slug":115},"Technology",50,"technology",{"id":117,"doc_module":4,"doc_module_name":47,"category_name":118,"show_sort_weight":119,"slug":120},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":47,"category_name":12,"show_sort_weight":122,"slug":123},30,"research-report",{"id":125,"doc_module":4,"doc_module_name":47,"category_name":126,"show_sort_weight":127,"slug":128},9,"Religion & Spirituality",20,"religion-spirituality",{"id":127,"doc_module":4,"doc_module_name":47,"category_name":130,"show_sort_weight":127,"slug":131},"World Cup","world-cup",{"id":133,"doc_module":4,"doc_module_name":47,"category_name":134,"show_sort_weight":133,"slug":135},10,"Lifestyle","lifestyle",{"id":137,"doc_module":4,"doc_module_name":47,"category_name":138,"show_sort_weight":108,"slug":139},19,"General","general"]