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House Price to Income Ratio - Guatemala Compared to Continent

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Sort: Alphabetically  |  Ascending Rank  |  Descending Rank

Nicaragua 105.33x
Colombia 33.86x
Mexico 31.53x
Argentina 27.92x
Ecuador 25.77x
Panama 25.65x
Costa Rica 24.35x
Brazil 23.07x
Peru 21.20x
Uruguay 16.98x
Chile 11.89x

 

 

Guatemala: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.

 

No house price statistics are published in Guatemala. General statistics are provided by the Instituto Nacional de Estadística de Guatemala, in a site which tends to crash your browser. The Banco de Guatemala has reasonable quality time-series under ‘Economic and Financial Information’.




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