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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 Estad�stica 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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