Guatemala is highly exposed to natural disasters.
Hurricanes, landslides and volcanic activity are hazards that often impact the country. In 2010 alone, two consecutive disasters — Tropica Storm Agatha and the eruption of the Pacaya volcano — caused an estimated $1.55 billion of damage, accounting for 4.1 percent of the country’s gross domestic product.
Each disaster has a devastating impact not only on lives and families, but on livelihoods as well, often making financial recovery difficult after a natural catastrophe. In turn, this affects the economy and impacts the country’s growth and development potential for years to come.
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