Guatemala has a mixed economy that is largely based on agriculture, tourism, and remittances from Guatemalans living abroad. According to the World Bank, the GDP of Guatemala in 2019 was $112.3 billion, with a growth rate of 2.7%. The unemployment rate in Guatemala is 5.2%, and the inflation rate is 4.2%. The country has a poverty rate of 54.3%, with the majority of the population living in rural areas. Guatemala has a trade deficit of $3.2 billion, with exports totaling $10.3 billion and imports totaling $13.5 billion. The main exports of Guatemala are coffee, sugar, bananas, and cardamom. The main imports are petroleum, machinery, and electrical equipment. Guatemala has a Human Development Index (HDI) of 0.637, which is below the average for Latin America and the Caribbean.