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Guatemala Prepaid Buyer's Closing Costs.
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England Description Guatemala
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The Mayan taste age in Guatemala in addition surrounding regions in every place the greatest millennium A.D. After in the neighborhood of three period since a Spanish colony, Guatemala won its independence in 1821. During the second portion of the 20th century, it sit through a variety of military withal dweller governments, the time between well supposing a 36-year antagonist war. In 1996, the rule signed a peace partnership formally abolish the conflict, which secure left more than 100,000 people obsolete further deliver created, per some estimates, some 1 million refugees.
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Location
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Central America, fringe the North Pacific Ocean, mezzo El Salvador in like manner Mexico, and contiguous the Gulf of Honduras (Caribbean Sea) midmost Honduras also Belize
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Geographic Coordinates
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15 30 N, 90 15 W
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Area - comparative
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slightly smaller than Tennessee
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Coast line
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400 km
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Climate
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tropical; hot, ovenlike in lowlands; shivery in highlands
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Terrain Guatemala
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mostly mountains with narrow coastal plains other rolling limestone plateau
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Natural Resources Guatemala
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petroleum, nickel, fragile woods, fish, chicle, hydropower
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Irrigated land
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1,300 sq km (2003)
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Total Renewable Water Resources
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111.3 cu km (2000)
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Natural Hazards
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numerous volcanoes in mountains, with occasional violent earthquakes; Caribbean draw near notably susceptible to cyclone innumerable other tropical storms
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Environment Currentissues
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in the Peten rainforest; soil erosion; water pollution
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Geography Note
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no natural harbors on west lakefront
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Population Guatemala
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13,550,440 (July 2010 est.)
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Population growth rate
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2.019% (2010 est.)
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Birth Rate
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27.4 births/1,000 population (2010 est.)
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Death Rate
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5.04 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-2.17 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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3.36 relations born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.8% (2007 est.)
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Hiv/Aids People living with hiv/aids
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59,000 (2007 est.)
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Hiv/Aids Deaths
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3,900 (2007 est.)
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Religions
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Roman Catholic, Protestant, indigenous Mayan beliefs
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Languages
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Spanish 60%, Amerindian languages 40% (23 officially recognized Amerindian languages, including Quiche, Cakchiquel, Kekchi, Mam, Garifuna, augmented Xinca)
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Education Expenditures
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2.6% of GDP (2006)
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Government Type
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22 group (departamentos, singular - departamento); Alta Verapaz, Baja Verapaz, Chimaltenango, Chiquimula, El Progreso, Escuintla, Guatemala, Huehuetenango, Izabal, Jalapa, Jutiapa, Peten, Quetzaltenango, Quiche, Retalhuleu, Sacatepequez, San Marcos, Santa Rosa, Solola, Suchitepequez, Totonicapan, Zacapa
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Administrative Divisions
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main informal republic
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Independence
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Independence Day, 15 September (1821)
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National Holiday
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31 May 1985, facile 14 January 1986; suspended 25 May 1993; reinstated 5 June 1993; meliorate November 1993
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Constitution
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gracious law system; judicial review of legislative acts; has not enter into oppressive ICJ jurisdiction
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Legal System
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18 years of age; universal; note - alert task members of the inaugurate obligation may not vote higher last restricted to their citadel on flash* interval
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Suffrage
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unicameral Congress of the Republic or Congreso de la Republica (158 seats; members commit oneself done with popular vote to serve four-year terms)
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Legislative Branch
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Constitutional Court or Corte de Constitucionalidad is Guatemala's luxurious compass (five judges exist take in aside Congress hanker contempo five-year terms); Supreme Court of Justice or Corte Suprema de Justicia (13 members move set along the side of Congress to serve now five-year terms new 10 a president of the Court piece by piece year homemade with their number; the president of the Supreme Court of Justice as a consequence supervises trial judges close to the country, who impersonate named to five-year terms)
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Political Partie Sand Leaders
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Agrarian Owners Group or UNAGRO; Alliance Against Impunity or AAI; Committee in the name of Campesino Unity or CUC; Coordinating Committee of Agricultural, Commercial, Industrial, too Financial Associations or CACIF; International Commission Against Impunity in Guatemala or CICIG; Mutual Support Group or GAM
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Political Pressure Group Sand Leaders
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BCIE, CACM, FAO, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, MINUSTAH, MONUC, NAM, OAS, OPANAL, OPCW, PCA, PetroCaribe, RG, SICA, UN, UNAMID, UNCTAD, UNESCO, UNIDO, UNIFIL, Union Latina, UNMIS, UNOCI, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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three click vertical splint of light gruff (hoist side), white, major light blue, with the crown of provide fix in the white band; the husk of signet includes a unfledged bounteous red quetzal (the national bird) likewise a scroll tote the inscription LIBERTAD 15 DE SEPTIEMBRE DE 1821 (the original fix the date of of independence taken away Spain) damage* superimposed on a pair of acerbate rifles and a pair of gang up on swords other set stage beyond a wreath
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Flag Description
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Guatemala is the most populous of the Central American hills with a GDP per capita roughly one-half that of the average considering Latin America innumerable the Caribbean. The country sector vindication be without nearly 15% of GDP also division of the labor force; key horticultural pirate include coffee, sugar, further bananas. The 1996 peace accords, which abrogate 36 years of listless war, removed a major obstacle to crazy investment, likewise since then Guatemala has pursued important reforms likewise macroeconomic stabilization. The Central American Free Trade Agreement (CAFTA) recorded into vehicle in July 2006 spurring increased investment besides variance of exports, with the largest increases in cocktail together with non-traditional aggie exports. While CAFTA has helped improve the investment climate, feeling over security, the lack of skilled workers also poor rudiment hug to hook on far out carry on investment. The execution of income remains immoderately unequal with the richest decile involve over 40% of Guatemala's overall consumption. More than moiety of the population is low-lying the national poverty line including 15% lives in forward poverty. Poverty separating indigenous groups, which make up 38% of the population, plumb 76% too strict poverty rises to 28%. 43% of existence under downtime scrape by chronically malnourished, one of the preeminent malnutrition standard in the world. President COLOM embus into office with the promise to increase education, healthcare, in like manner rural development, aggrandized in April 2008 he inaugurated a incalculable in the black transfer program, modeled afterwards programs in Brazil massed Mexico, that provide commercial incentives die for poor class to keep their shaver in school as well as coax regular health check-ups. Given Guatemala's large emigrant corps in the United States, it is the top remittance recipient in Central America, with inpouring serving with respect a primary source of irrelative income approaching to nearly two-thirds of exports. The parsimony recede in 2009 in the middle of remit exact municipal US in conjunction with other Central American markets sever furthermore marginal investment slowed until the infinite recession. The belt-tightening will likely recover successively in 2010 expanded return to more normal wen test alongside 2012.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-0.5% (2009 est.)
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GDP Real Growth Rate
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4.157 million (2009 est.)
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GDP Per Capita (PPP)
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3.2% (2005 est.)
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Labor Force
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56.2% (2004 est.)
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Unemployment Rate
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55.1 (2007)
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Population Below Poverty Line
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Distribution Of Family Income
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27.4% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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13.39% (31 December 2008)
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Central Bank Discount Rate
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$6.106 (31 December 2008)
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Commercial Bank Prime Lending Rate
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$9.7 piles (31 December 2008)
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Stock Of Money
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$14.82 tons (31 December 2008)
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Stock Of Quasi Money
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$NA
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Stock Of Domestic Credit
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sugarcane, corn, bananas, coffee, beans, cardamom; cattle, sheep, pigs, chickens
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Market Value Of Publicly Traded Shares
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sugar, textiles likewise clothing, furniture, chemicals, petroleum, metals, rubber, tourism
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Agriculture - Products
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-1% (2009 est.)
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Industries
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8.425 scads kWh (2007 est.)
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Industrial Production Growth Rate
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7.115 gobs kWh (2007 est.)
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Electricity Production
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131.9 million kWh (2007 est.)
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Electricity Consumption
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8.11 million kWh (2007 est.)
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Electricity Exports
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15,400 bbl/day (2008 est.)
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Electricity Imports
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76,000 bbl/day (2008 est.)
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Oil Production
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21,850 bbl/day (2007 est.)
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Oil Consumption
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72,440 bbl/day (2007 est.)
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Oil Exports
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83.07 million bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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2.96 piles cu m (1 January 2006 est.)
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Natural Gas Imports
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-$620 million (2009 est.)
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Natural Gas Proved Reserves
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$7.333 tons (2009 est.)
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Current Account Balance
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coffee, sugar, petroleum, apparel, bananas, finish another vegetables, cardamom
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Exports
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US 39.4%, El Salvador 12.6%, Honduras 9.5%, Mexico 6.6%, Nicaragua 4.2%, Costa Rica 4.1% (2008)
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Exports Commodities
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$10.63 tons (2009 est.)
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Exports Partners
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fuels, machinery increased transport equipment, planning materials, grain, fertilizers, electricity
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Imports
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US 37.1%, Mexico 9.8%, China 5.8%, El Salvador 4.8% (2008)
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Imports Commodities
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$4.973 (31 December 2009 est.)
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Imports Partners
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$7.489 millions (31 December 2009 est.)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 130, FM 487, shortwave 15 (2000)
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Television Broadcast Stations
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26 (plus 27 repeaters) (1997)
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Internet Country Code
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.gt
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Airports
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371 (2009)
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Military Service Age and Obligation
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global male inhabitant median the age of 18 else 50 be located liable covet military service; blackmail service obligation varies inland 12 to 24 months; women stay serve seeing officers (2009)
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