The Republic of Guatemala is located in Central America, at its northwestern end. It has the largest city in Central America and the most populated being its capital, Guatemala City. It is the most populated country in Central America, with more than 17 million inhabitants.
It borders Mexico to the west and north, Belize to the east, the Gulf of Honduras (Caribbean Sea) and the Republic of Honduras, El Salvador to the southeast, and the Pacific Ocean to the south. It has a relatively stable economic policy that currently positions it as the ninth largest economy in Latin America.
The largest sector in the Guatemalan economy is agriculture, with Guatemala being the largest exporter of cardamom worldwide, the fifth largest exporter of sugar and the seventh largest producer of coffee. The tourism sector is the second largest generator of foreign exchange for the country. The industry is an important branch of the Guatemalan economy and the service sector that year after year becomes more important, so it turns the typical Guatemalan economy based on agriculture into an economy based on the provision of services.