According to industry officials, there are around 300,000 private security guards working in the Central America region. The number of private guards in the region are higher than the number of police officers in the region. The rise in security guards to attributed to fears of kidnap for ransom activities.
In Guatemala, there are 24,000 police officers in the country. The number of security guards is estimated to be around 100,000.
In Costa Rica and Honduras, there are twice as many security guards as police officers in each country.
The private security guard industry in the region is growing at 8 percent annually.
Source: AFP, “Private security industry grows as organized crime spreads through Central America,” Tico Times, October 21, 2012.