- There are 1.2m Guatemalans resident in the USA, 40% of them legally
- 27,929 of the other 60% were deported in 2008, up from just 7,025 in 2005
- Those that remained sent back $4.3b in remittances
- Just over 40% of everything that Guatemala produces is exported to the US, but this still represents only 7% of Guatemalan GDP. Draw your own conclusions...
The economy here has been growing at 4.5% per annum but this is likely to slow to around 3% in 2009. Still, that's equivalent to the proportion that the UK economy is likely to shrink by in the same period.