IBOV 173,205 ▼ 0.05% IPSA 10,762 ▲ 0.52% IPC MEX 67,641 ▲ 0.62% MERVAL 3,176,751 ▲ 1.71% COLCAP 2,286.19 ▲ 1.09% BVL PERÚ 55,499.07 ▲ 1.21% USD/BRL5.17▼ 0.16% USD/MXN17.45▼ 0.11% USD/CLP921.60▼ 0.04% USD/COP3,451▲ 0.37% USD/PEN3.41▼ 0.46% USD/ARS1,481▲ 0.24% USD/UYU 40.22 — 0.00% USD/PYG 6,084 — 0.00% USD/BOB 6.85 — 0.00% USD/DOP59.61▲ 0.56% USD/CRC 450.59 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.70 — 0.00% USD/NIO36.62▲ 0.63% USD/VES620.66▲ 5.79% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.34▼ 0.20% USD/TTD6.74— 0.00% EUR/BRL5.89▲ 0.06% BRENT 73.79 ▲ 0.87% WTI 70.61 ▼ 0.20% IRON ORE 161.91 — — COPPER 6.22 ▲ 2.07% GOLD 4,033 ▲ 0.26% SILVER 59.02 ▲ 1.45% SOY 1,138 ▲ 2.62% CORN 430.75 ▲ 7.15% WHEAT 581.50 ▲ 2.11% COFFEE 264.90 ▼ 9.00% SUGAR 14.80 ▲ 3.57% ORANGE JUICE 154.00 ▲ 9.30% COTTON 76.66 ▲ 6.98% COCOA 5,051 ▲ 3.19% BEEF 243.55 ▼ 5.40% CATTLE 367.25 ▼ 0.70% LITHIUM 77.31 ▲ 1.82% PETR4 38.14 ▲ 0.21% VALE3 78.13 ▼ 0.03% ITUB4 42.41 ▲ 0.40% BBDC4 18.17 ▲ 1.40% ABEV3 16.59 ▼ 0.84% BBAS3 20.26 ▼ 0.39% B3SA3 14.71 ▼ 1.41% WEGE3 46.79 ▼ 0.23% PRIO3 53.15 ▼ 0.26% SUZB3 39.68 ▼ 1.07% RENT3 42.25 ▼ 1.97% AZZA3 18.38 ▼ 3.21% CSAN3 3.71 ▼ 1.33% RAIZ4 0.40 ▼ 2.44% PCAR3 2.32 ▲ 1.75% GMAT3 3.83 ▼ 1.03% PSSA3 53.30 ▲ 0.08% CVCB3 1.40 ▼ 0.71% POSI3 4.06 ▲ 1.75% SLCE3 13.01 ▼ 1.21% NATU3 8.30 ▲ 4.01% BRKM5 6.61 ▲ 5.76% RANI3 7.87 ▲ 0.90% CSNA3 4.64 ▼ 1.90% CMIN3 4.16 ▼ 2.12% USIM5 8.33 ▲ 0.73% GGBR4 21.29 ▼ 0.61% ENEV3 26.71 ▼ 0.37% NEOE3 33.80 — 0.00% CPFE3 45.15 ▼ 0.77% CMIG4 10.95 ▼ 0.09% EQTL3 39.74 ▼ 0.03% LREN3 14.99 ▲ 0.13% VIVT3 34.40 ▼ 1.12% RAIL3 13.61 ▼ 0.58% KLABIN 16.89 ▼ 0.41% RAIA DROGASIL 17.16 ▼ 1.10% RDOR3 34.68 ▼ 0.09% HAPV3 10.35 ▲ 1.07% FLRY3 15.58 ▼ 0.19% SMTO3 15.35 ▲ 2.06% UGPA3 26.32 ▲ 2.81% VBBR3 29.92 ▲ 0.77% BBSE3 39.33 ▲ 0.41% BPAC11 54.51 ▼ 0.27% CURY3 35.36 ▲ 0.71% AERI3 2.05 ▼ 1.44% VIVARA 23.00 ▼ 2.29% COMPASS 24.38 ▼ 2.25% VAMOS 2.88 — 0.00% SANB11 26.82 ▲ 1.78% ASAI3 9.00 ▲ 1.93% SBSP3 29.65 ▲ 0.17% WALMEX 51.10 ▲ 0.59% GMEXICO 201.13 ▲ 0.50% FEMSA 228.93 ▲ 1.94% CEMEX 21.20 ▼ 1.58% GFNORTE 185.30 ▲ 1.68% BIMBO 57.02 ▲ 0.02% TELEVISA 9.67 ▲ 2.00% AMX 23.41 ▲ 0.86% GAP 447.15 ▲ 1.66% ASUR 308.42 ▼ 0.00% OMA 246.32 ▲ 0.57% KOF 186.16 ▼ 0.53% GRUMA 282.50 ▼ 0.24% KIMBER 38.89 ▼ 0.03% SQM-B 65,950 ▼ 1.64% COPEC 5,765 ▼ 0.64% BSANTANDER 75.00 ▲ 2.04% FALABELLA 5,911 ▲ 0.36% ENELAM 82.00 ▲ 0.60% CENCOSUD 2,127 ▲ 0.19% CMPC 1,040 — 0.00% BANCO CHILE 177.80 ▲ 0.11% LATAM AIR 26.97 ▲ 3.25% YPF 70,575 ▲ 0.75% GGAL 7,885 ▲ 2.20% PAMPA 5,085 ▲ 2.26% TXAR 677.00 ▼ 0.95% ALUAR 982.50 ▼ 0.86% TGS 9,305 ▲ 0.92% CEPU 2,340 ▲ 2.90% MIRGOR 16,075 — 0.00% COME 42.32 ▲ 2.27% LOMA NEGRA 3,600 ▲ 1.27% BYMA 306.75 ▲ 0.41% TELECOM ARG 4,053 ▲ 2.40% ECOPETROL 14.57 ▼ 1.02% BANCOLOMBIA 79.81 ▲ 0.68% GRUPO AVAL 5.12 ▲ 0.79% CREDICORP 384.74 ▲ 0.17% SOUTHERN COPPER 168.45 ▼ 1.64% BUENAVENTURA 28.58 ▼ 6.05% MERCADOLIBRE 1,683 ▲ 0.48% NUBANK 13.13 ▼ 0.30% XP 16.31 ▲ 1.12% PAGSEGURO 9.08 ▲ 0.11% STONE 10.89 ▼ 0.91% GLOBANT 30.08 ▲ 0.17% TECNOGLASS 46.21 ▲ 3.26% GAP AIRPORT 254.56 ▲ 0.66% ASUR 308.42 ▼ 0.00% OMA AIRPORT 113.12 ▲ 1.01% AMX ADR 26.75 ▲ 1.29% FEMSA ADR 131.20 ▲ 1.81% CEMEX ADR 12.14 ▼ 1.14% PETROBRAS ADR 16.28 ▼ 0.06% VALE ADR 15.03 ▼ 0.27% ITAU ADR 8.22 ▼ 0.12% SANTANDER BR 5.23 ▲ 0.48% AMBEV ADR 3.18 ▼ 1.55% CSN 0.91 ▼ 3.02% GERDAU 4.13 ▼ 0.48% LATAM ADR 58.75 ▲ 0.03% BTC 59,242 ▼ 1.49% ETH 1,582 ▼ 1.78% SOL 73.64 ▼ 1.74% XRP 1.04 ▼ 1.46% BNB 549.60 ▼ 1.62% ADA 0.14 ▼ 0.95% DOGE 0.07 ▼ 1.45% AVAX 6.60 ▼ 0.95% LINK 7.26 ▼ 1.53% DOT 0.81 ▼ 1.55% LTC 42.32 ▼ 1.76% BCH 199.42 ▼ 0.54% TRX 0.32 ▼ 0.81% XLM 0.18 ▲ 2.60% HBAR 0.07 ▼ 1.46% NEAR 1.83 ▼ 1.61% ATOM 1.51 ▼ 1.07% AAVE 89.02 ▼ 2.61% SELIC 14.25% EMBRAER 80.18 ▼ 2.10% EMBRAER ADR 62.15 ▼ 2.51% JBS 12.22 — 0.00% JBS BDR 62.87 ▲ 0.32% MBRF3 17.70 ▲ 3.51% MBRFY 3.41 ▲ 4.92% INTER 5.38 ▼ 1.10% IBOV 173,205 ▼ 0.05% IPSA 10,762 ▲ 0.52% IPC MEX 67,641 ▲ 0.62% MERVAL 3,176,751 ▲ 1.71% COLCAP 2,286.19 ▲ 1.09% BVL PERÚ 55,499.07 ▲ 1.21% USD/BRL 5.17 ▼ 0.16% USD/MXN 17.45 ▼ 0.11% USD/CLP 921.60 ▼ 0.04% USD/COP 3,451 ▲ 0.37% USD/PEN 3.41 ▼ 0.46% USD/ARS 1,481 ▲ 0.24% USD/UYU 40.22 — 0.00% USD/PYG 6,084 — 0.00% USD/BOB 6.85 — 0.00% USD/DOP 59.61 ▲ 0.56% USD/CRC 450.59 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.70 — 0.00% USD/NIO 36.62 ▲ 0.63% USD/VES 620.66 ▲ 5.79% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.34 ▲ 0.45% USD/TTD 6.74 ▲ 1.49% EUR/BRL 5.89 ▲ 0.06% BRENT 73.79 ▲ 0.87% WTI 70.61 ▼ 0.20% IRON ORE 161.91 — — COPPER 6.22 ▲ 2.07% GOLD 4,033 ▲ 0.26% SILVER 59.02 ▲ 1.45% SOY 1,138 ▲ 2.62% CORN 430.75 ▲ 7.15% WHEAT 581.50 ▲ 2.11% COFFEE 264.90 ▼ 9.00% SUGAR 14.80 ▲ 3.57% ORANGE JUICE 154.00 ▲ 9.30% COTTON 76.66 ▲ 6.98% COCOA 5,051 ▲ 3.19% BEEF 243.55 ▼ 5.40% CATTLE 367.25 ▼ 0.70% LITHIUM 77.31 ▲ 1.82% PETR4 38.14 ▲ 0.21% VALE3 78.13 ▼ 0.03% ITUB4 42.41 ▲ 0.40% BBDC4 18.17 ▲ 1.40% ABEV3 16.59 ▼ 0.84% BBAS3 20.26 ▼ 0.39% B3SA3 14.71 ▼ 1.41% WEGE3 46.79 ▼ 0.23% PRIO3 53.15 ▼ 0.26% SUZB3 39.68 ▼ 1.07% RENT3 42.25 ▼ 1.97% AZZA3 18.38 ▼ 3.21% CSAN3 3.71 ▼ 1.33% RAIZ4 0.40 ▼ 2.44% PCAR3 2.32 ▲ 1.75% GMAT3 3.83 ▼ 1.03% PSSA3 53.30 ▲ 0.08% CVCB3 1.40 ▼ 0.71% POSI3 4.06 ▲ 1.75% SLCE3 13.01 ▼ 1.21% NATU3 8.30 ▲ 4.01% BRKM5 6.61 ▲ 5.76% RANI3 7.87 ▲ 0.90% CSNA3 4.64 ▼ 1.90% CMIN3 4.16 ▼ 2.12% USIM5 8.33 ▲ 0.73% GGBR4 21.29 ▼ 0.61% ENEV3 26.71 ▼ 0.37% NEOE3 33.80 — 0.00% CPFE3 45.15 ▼ 0.77% CMIG4 10.95 ▼ 0.09% EQTL3 39.74 ▼ 0.03% LREN3 14.99 ▲ 0.13% VIVT3 34.40 ▼ 1.12% RAIL3 13.61 ▼ 0.58% KLABIN 16.89 ▼ 0.41% RAIA DROGASIL 17.16 ▼ 1.10% RDOR3 34.68 ▼ 0.09% HAPV3 10.35 ▲ 1.07% FLRY3 15.58 ▼ 0.19% SMTO3 15.35 ▲ 2.06% UGPA3 26.32 ▲ 2.81% VBBR3 29.92 ▲ 0.77% BBSE3 39.33 ▲ 0.41% BPAC11 54.51 ▼ 0.27% CURY3 35.36 ▲ 0.71% AERI3 2.05 ▼ 1.44% VIVARA 23.00 ▼ 2.29% COMPASS 24.38 ▼ 2.25% VAMOS 2.88 — 0.00% SANB11 26.82 ▲ 1.78% ASAI3 9.00 ▲ 1.93% SBSP3 29.65 ▲ 0.17% WALMEX 51.10 ▲ 0.59% GMEXICO 201.13 ▲ 0.50% FEMSA 228.93 ▲ 1.94% CEMEX 21.20 ▼ 1.58% GFNORTE 185.30 ▲ 1.68% BIMBO 57.02 ▲ 0.02% TELEVISA 9.67 ▲ 2.00% AMX 23.41 ▲ 0.86% GAP 447.15 ▲ 1.66% ASUR 308.42 ▼ 0.00% OMA 246.32 ▲ 0.57% KOF 186.16 ▼ 0.53% GRUMA 282.50 ▼ 0.24% KIMBER 38.89 ▼ 0.03% SQM-B 65,950 ▼ 1.64% COPEC 5,765 ▼ 0.64% BSANTANDER 75.00 ▲ 2.04% FALABELLA 5,911 ▲ 0.36% ENELAM 82.00 ▲ 0.60% CENCOSUD 2,127 ▲ 0.19% CMPC 1,040 — 0.00% BANCO CHILE 177.80 ▲ 0.11% LATAM AIR 26.97 ▲ 3.25% YPF 70,575 ▲ 0.75% GGAL 7,885 ▲ 2.20% PAMPA 5,085 ▲ 2.26% TXAR 677.00 ▼ 0.95% ALUAR 982.50 ▼ 0.86% TGS 9,305 ▲ 0.92% CEPU 2,340 ▲ 2.90% MIRGOR 16,075 — 0.00% COME 42.32 ▲ 2.27% LOMA NEGRA 3,600 ▲ 1.27% BYMA 306.75 ▲ 0.41% TELECOM ARG 4,053 ▲ 2.40% ECOPETROL 14.57 ▼ 1.02% BANCOLOMBIA 79.81 ▲ 0.68% GRUPO AVAL 5.12 ▲ 0.79% CREDICORP 384.74 ▲ 0.17% SOUTHERN COPPER 168.45 ▼ 1.64% BUENAVENTURA 28.58 ▼ 6.05% MERCADOLIBRE 1,683 ▲ 0.48% NUBANK 13.13 ▼ 0.30% XP 16.31 ▲ 1.12% PAGSEGURO 9.08 ▲ 0.11% STONE 10.89 ▼ 0.91% GLOBANT 30.08 ▲ 0.17% TECNOGLASS 46.21 ▲ 3.26% GAP AIRPORT 254.56 ▲ 0.66% ASUR 308.42 ▼ 0.00% OMA AIRPORT 113.12 ▲ 1.01% AMX ADR 26.75 ▲ 1.29% FEMSA ADR 131.20 ▲ 1.81% CEMEX ADR 12.14 ▼ 1.14% PETROBRAS ADR 16.28 ▼ 0.06% VALE ADR 15.03 ▼ 0.27% ITAU ADR 8.22 ▼ 0.12% SANTANDER BR 5.23 ▲ 0.48% AMBEV ADR 3.18 ▼ 1.55% CSN 0.91 ▼ 3.02% GERDAU 4.13 ▼ 0.48% LATAM ADR 58.75 ▲ 0.03% BTC 59,242 ▼ 1.49% ETH 1,582 ▼ 1.78% SOL 73.64 ▼ 1.74% XRP 1.04 ▼ 1.46% BNB 549.60 ▼ 1.62% ADA 0.14 ▼ 0.95% DOGE 0.07 ▼ 1.45% AVAX 6.60 ▼ 0.95% LINK 7.26 ▼ 1.53% DOT 0.81 ▼ 1.55% LTC 42.32 ▼ 1.76% BCH 199.42 ▼ 0.54% TRX 0.32 ▼ 0.81% XLM 0.18 ▲ 2.60% HBAR 0.07 ▼ 1.46% NEAR 1.83 ▼ 1.61% ATOM 1.51 ▼ 1.07% AAVE 89.02 ▼ 2.61% SELIC 14.25% EMBRAER 80.18 ▼ 2.10% EMBRAER ADR 62.15 ▼ 2.51% JBS 12.22 — 0.00% JBS BDR 62.87 ▲ 0.32% MBRF3 17.70 ▲ 3.51% MBRFY 3.41 ▲ 4.92% INTER 5.38 ▼ 1.10%
since 2009
Tuesday, June 30, 2026

From outsider in the polls to winner in Guatemala’s presidential elections: the rise of Bernardo Arévalo

By · August 21, 2023 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Once an underdog in the polls, Bernardo Arévalo, a well-known politician and National Assembly member of Guatemala, has now emerged as a major surprise in the Guatemalan electoral scene.

Arévalo, also a sociologist and philosophy doctorate holder, unexpectedly challenged Sandra Torres, the candidate from the National Unity of Hope (UNE), defeating her in the second electoral round.

With 99.8% of the ballots counted, Arévalo secured 58.04% of votes while Torres obtained 37.20%.

This outcome ensures Arévalo’s position as the upcoming President of Guatemala for the 2024-2028 term, succeeding the incumbent leader, Alejandro Giammattei.

Bernardo Arévalo
Bernardo Arévalo. (Photo Internet reproduction)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

The Arévalo family has deep-rooted connections to Guatemalan history.

Bernardo’s father, Juan José Arévalo, was the country’s leader from 1944 to 1951, following a revolution against General Jorge Ubico.

Bernardo, born in Uruguay during his father’s exile after the 1958 governmental downfall, returned to Guatemala with his family in the 1970s.

Arévalo began his career as a diplomat, serving in the Ministry of Foreign Affairs, eventually becoming deputy minister and ambassador to Spain.

Later, he worked with global organizations, advised at the United Nations, and collaborated with institutes and universities in the US.

In politics, Arévalo was part of the 2015 movement demanding the resignation of the then-President, Otto Pérez Molina.

This led to the establishment of the progressive social-democratic party, Movimiento Semilla.

Although initially a presidential candidate for this party, he later supported Thelma Aldana, who ultimately couldn’t run in the 2019 elections.

As a congressman, Arévalo focused on areas like foreign relations, human rights, and security.

Ideologically, he aligns as a moderate left-wing candidate, prioritizing anti-corruption efforts by proposing a National Anti-Corruption System.

He also plans to address security issues and create jobs through public investments.

After his electoral triumph, Arévalo assured Guatemalans, including his opponent, of his commitment to their rights and well-being, pledging inclusive progress for the nation.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.