Caribbean & Central America - May 2014 (ISSN 1741-4458)

FDI up: According to figures released last month by Guatemala’s central bank (Banguat), foreign direct investment (FDI) into Guatemala reached US$1.3bn in 2013, up 5.1% on the US$1.2bn reported in 2012. According to Banguat, the agriculture & mining sector accounted for the biggest (37.3%) chunk of FDI, followed by trade (17%); and energy (14%). The main sources of FDI were Canada (heavily involved in the mining sector), which accounted for 21% of FDI inflows, followed by the US (16%), Russia (14%) and Colombia (13%).

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