The Republic of Guatemala is a country in Central America bordered by Mexico to the north and west, the Pacific Ocean to the southwest, Belize to the northeast, the Caribbean to the east, and Honduras and El Salvador to the southeast. Link to external site : Website for Guatemala |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
33,855.48 Register/Log In |
| HDI classification | Medium |
| Mobile Connections (m) |
14.541 Upgrade to Bronze |
| Currency | GTQ |
| Class | |
| CountryISO | GT |
| Sovereignity | Country |
| Territory of | - NA - |
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{"type":"PieChart","data":[["Operator","Connections"],["Tigo (Millicom)",7200694],["Claro (America Movil)",5000561],["Movistar (Telef\u00f3nica)",2150000],["Red (Intelfon)",190000]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",717170],["Q4 2001",1009459],["Q4 2002",1385709],["Q4 2003",1874968],["Q4 2004",2620734],["Q4 2005",4010350],["Q4 2006",6184159],["Q4 2007",11268130],["Q4 2008",14219579],["Q4 2009",16143361],["Q4 2010",13378258],["Q4 2011",14298570],["Q4 2012",14982962],["Q4 2013",15452205],["Q4 2014",15752073]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Agent",1],["Mobile",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Bank",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["BB",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["AT",1],["BB",1],["BP",1],["D2B",1],["DAT",1],["DMT",1],["MP",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Account",1],["Cash",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Civil Upgrade to Bronze |
| Legal System |
Civil law system; judicial review of legislative acts Upgrade to Bronze |
| Law is based on |
Guatemala has had three Civil Codes: the first one from 1877, a new one introduced in 1933, and the one currently in force, which was passed in 1963. Upgrade to Bronze |
| Approach |
Ex Ante Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity |
Allowed Upgrade to Bronze |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
NB Led Upgrade to Bronze |
| DominantModel |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",87.3],["Banked",32],["Internet",10],["Urban",48],["Adult",57],["Literate",73.2029]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 13.35 |
| Adult % | 57.00 |
| Migrants % |
0.41 Register/Log In |
| Stock Immigrants ('000) |
59.50 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) |
1,500.00 Upgrade to Bronze |
| Internal Migration Rate % |
11.10 Upgrade to Bronze |
| Intl Movement Rate % | |
| Urban % | 48.00 |
| Female % | 54.40 |
| Literate % | 73.20 |
| Annual Growth % |
| Mobile Penetration % | 87.30 |
| Banked % | 32.00 |
| Access to FS % | 32.00 |
| Internet % | 10.00 |
| Branches per 100k adults | 33.08 |
| ATMs per 100k adults | 22.18 |
| POS per 100k adults | 485.83 |
| Prepaid % | 86.10 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 7.92 |
| Monthly ARPU |
12.18 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Long Term Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets | |
| Informal Market | |
| Cost To Remit | |
| Key Players |
Movistar Trivnet Upgrade to Bronze |