Guatemala is one of the Latin American countries with relatively low monetary policy rates.
This indicator, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy, and it serves as a guide for other financial institutions to set their own interest rates. In 2018, Guatemala's Central Bank set the base interest rate at 2.75 percent.
Monetary policy rate in Guatemala from 2010 to 2018
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Economic Commission for Latin America and the Caribbean. (December 24, 2018). Monetary policy rate in Guatemala from 2010 to 2018 [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060969/guatemala-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. "Monetary policy rate in Guatemala from 2010 to 2018." Chart. December 24, 2018. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060969/guatemala-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. (2018). Monetary policy rate in Guatemala from 2010 to 2018. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060969/guatemala-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. "Monetary Policy Rate in Guatemala from 2010 to 2018." Statista, Statista Inc., 24 Dec 2018, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060969/guatemala-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean, Monetary policy rate in Guatemala from 2010 to 2018 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060969/guatemala-monetary-policy-rate/ (last visited November 13, 2024)
Monetary policy rate in Guatemala from 2010 to 2018 [Graph], Economic Commission for Latin America and the Caribbean, December 24, 2018. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060969/guatemala-monetary-policy-rate/