Guatemala Economic Outlook, GEO, is the upgraded version of Early Warning System (product had created for seven years for accrediting banks as main clients) that, with monthly frecuency and in english version, since September 2005 are endowed of a bigger number of sections* and adapted to a Rating of Country Risk method** by means of a wide key range of indicators (macroeconomic components, macrofinancial and external components, and financial & banking componets) that determine a detailed temporary series of Global Level of Country Risk . In summary, an alert ranget and a rating (qualification) quantified through synthetic indicator and standard nomenclature of letters. This product is designed for accrediting banks, local banks, official organisms and, companies with foreing relationships.

*Sections: Executive Summary, Basic Prospect Table, EWS-Early Warning System, Statistical Annex, Charts, Recent News and special annex.

**It is a rating system that combines macroeconomic, banking and financial indicators, of foreign and domestic context, which have been leading indicators in third generation crisis since 90's end. The methodology can add variables to improve the integrity and power of both national and local currency ratings, and/or; re-scale the own score system for each indicator depending on sensibility of market conditions and evolution of emerging economies. Anyway, more score (0.0-100.0) implies more risk, more volatile and vulnerability levels.