In terms of human capital, Guatemala lags behind in an increasingly global economy. In its Human Capital Index, the World Economic Forum ranked Guatemala as number 94 out of 130 economies. Although a multifaceted concept, learning has a significant role in building human capital, as education –including enrollment, quality and attainment— impacts the future of the labor force. In this article, we review the educational landscape in Guatemala, including literacy, K-12 education, and workforce development.
In its fourth edition, the Remittances Scorecard ranks 30 companies working in 11 Latin American and Caribbean countries. It evaluates them across 12 indicators to assess their performance and competition in the money transfer industry.