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Guatemala

Best Recruitment Agencies in Guatemala

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Find top recruitment and staffing agencies in Guatemala. Whether you're looking for specialized talent or general hiring support, explore experienced recruitment firms that understand the local market and can help you build the perfect team.

Guatemala's

Economic indicators

68

World ranked

Guatemala ranks 68 in the world by current economic output

$102bn

Nominal GDP (US$)

GDP reflects the overall size and economic strength of the country's economy.

9

LATAM ranked

Guatemala is ranked 9 in LATAM by economic output in the region

GDP growth (%)

GDP growth explained

The chart compares how GDP has grown for Guatemala, its region, and the world over the last seven years. Positive growth indicates an expanding economy; negative growth may signal contraction and affect hiring activity.

4%

Current rate

▼ 2.2% reduction

Inflation represents the rate at which prices rise and purchasing power diminishes. High inflation may prompt employees to seek higher wages, potentially impacting company profitability and hiring strategies.

Guatemala's inflation rate

84 days

Maternity leave

Maternity Leave: 84-day paid leave, 30 days pre-birth, full salary by Social Security. Paternity Leave: 3-day paid leave, full salary by employer. No formal parental leave in Guatemala.

Cost of living

Cost of living index explained

The cost of living has a direct impact on salary expectations and the competitiveness of compensation packages. It can influence the appeal of certain locations for both employers and candidates.

Guatemala's

Labor market

Guatemala vs world population age distribution

14.9m

Population

Guatemala has a population of about 14.9m. The chart compares its age distribution with the world average—useful context for workforce size and long-term hiring demand.

39 hrs

Average working full time week

Standard work hours are typically 8 per day, 40 per week, often Monday to Friday. Overtime is paid at 150% of the hourly rate, or 200% on holidays and leaves, with a max of 4 extra hours daily. Additional leave may be granted.

2.7%

Current percentage

▼ 0.3% reduction

Guatemala's unemployment rate is low, suggesting either a booming economy or reliance on foreign labour. Between 2022 and 2023, there was a small decrease in unemployment, suggesting continued economic stability with a slight improvement in job availability

Unemployment rate

Guatemala's

Top performing companies and industries

Top industries

  • sugar
  • textiles and clothing
  • petroleum

Ratio of males to females (by age)

81 / 41

Male

[ "In Guatemala there is a large gap in participation rates between males and females, indicating significant structural or cultural barriers preventing more equal gender parity." ]

Guatemala's

Religion and ethnicity

Religion

In religiously diverse countries, a broad sourcing and engagement approach whilst appealing to inclusive practices resonates with this candidate market. In homogeneous environments, understanding dominant cultural norms is often more important when engaging with talent.

Ethnicity

In ethnically diverse countries, there may be a greater variety of candidates with different cultural backgrounds. Employers may need to focus more on inclusive hiring practices to attract talent from across different ethnic groups.