The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Guatemala  
Rank: 108 · Score: 23.3  

Basic facts        
Population (millions) 17.4   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 95.6   M&A volume (quartile) Bottom
GDP per capita (US$) 5,506.7   Venture capital investments (quartile) 2nd
GDP growth (per cent) 3.4   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 108 19, 18, 18, 17, 17 23.3
1 Economic Activity 46 76, 78, 95, 73, 79 77.0
2 Depth of Capital Market 109 17, 17, 14, 17, 16 6.9
3 Taxation 71 67, 67, 60, 58, 54 88.9
4 Investor Protection and Corporate Governance 100 25, 22, 23, 25, 25 45.2
5 Human and Social Environment 109 25, 22, 16, 16, 16 21.4
6 Entrepreneurial Opportunities 109 19, 18, 19, 19, 16 26.1


 
Historic performance, 2019-2023   Key driver performance, 2023
 

   
VC/PE Rank  
VC Rank  
PE Rank
Guatemala  
Latin America
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Ecuador 75.5 14.6 77.8 47.6 23.2 35.2
Dominican Republic 73.0 12.4 81.5 56.1 25.0 24.3
Bolivia 67.4 13.9 55.5 24.9 17.6 33.4
Guatemala 77.0 6.9 88.9 45.2 21.4 26.1
El Salvador 66.0 6.3 73.1 39.7 23.1 26.5
Paraguay 67.5 6.9 110.7 38.8 18.1 21.8
Nicaragua 59.4 6.9 61.5 34.6 18.0 23.5
Last updated: 4 Nov 2023