Skip to content
ChartBasis
Choose a language: English

El Salvador

Headline economic indicators for El Salvador, with the most recent official readings.

Prices

Prices — El Salvador
Indicator Value Change
Inflation rate · 0.3% -0.60 (-69.8%)
Consumer price index · 129.3 +0.33 (+0.3%)
GDP deflator inflation · 1.3% -0.01 (-0.5%)

GDP

GDP — El Salvador
Indicator Value Change
GDP growth rate · 3.9% +1.32 (+50.8%)
GDP per capita · 5,766.73 +263.62 (+4.8%)
GDP per capita, long-run history · 9,219 +201.51 (+2.2%)
GDP · 36,708,110,000 +1,828,380,000 (+5.2%)
GDP, PPP · 89,761,087,565 +5,728,180,700 (+6.8%)
GDP per capita, PPP · 14,101 +843.00 (+6.4%)
GDP per capita growth · 3.5% +1.33 (+62.6%)
GNI per capita · 5,410 +340.00 (+6.7%)
Agriculture to GDP · 4.4% -0.10 (-2.3%)
Industry to GDP · 24.5% +1.16 (+5.0%)
Manufacturing to GDP · 12.7% -0.23 (-1.8%)
Services to GDP · 58.9% -1.35 (-2.2%)
Household consumption to GDP · 81.3% -1.00 (-1.2%)
Gross capital formation to GDP · 26.3% +6.21 (+30.9%)
Gross savings to GDP · 22.8% +5.43 (+31.3%)

Labour

Labour — El Salvador
Indicator Value Change
Unemployment rate · 3.3% +0.04 (+1.3%)
Labour force participation rate · 62.1% +0.19 (+0.3%)
Female labour force participation rate · 49.1% +0.09 (+0.2%)
Youth unemployment rate · 7.8% +0.30 (+4.0%)
Employment to population ratio · 60.1% +0.16 (+0.3%)
Employment in agriculture · 13.9% -0.22 (-1.6%)
Employment in industry · 23.1% -0.13 (-0.6%)
Employment in services · 63.0% +0.35 (+0.6%)

Money

Money — El Salvador
Indicator Value Change
Broad money to GDP · 64.2% +4.56 (+7.6%)
Private sector credit to GDP · 64.4% +1.01 (+1.6%)
Bank nonperforming loans · 1.7% -0.06 (-3.7%)
Official exchange rate · 1 +0.00 (+0.0%)

Trade

Trade — El Salvador
Indicator Value Change
Current account to GDP · -3.5% -0.78 (-28.1%)
Exports to GDP · 32.0% -0.61 (-1.9%)
Imports to GDP · 56.1% +3.09 (+5.8%)
Trade to GDP · 88.2% +2.48 (+2.9%)
Exports of goods and services · 11,763,690,000 +372,020,000 (+3.3%)
Imports of goods and services · 20,597,470,000 +2,103,290,000 (+11.4%)
Trade balance, goods and services (annual) · -8,833,775,062.71 -1,731,263,463 (-24.4%)
Current account balance (annual) · -1,300,065,222.44 -335,648,027 (-34.8%)
Foreign direct investment to GDP · 2.1% -0.93 (-31.0%)
Remittances received to GDP · 27.5% +3.18 (+13.0%)
Total reserves, including gold · 4,816,331,848.37 +1,111,585,157 (+30.0%)
Reserves in months of imports · 2.4 +0.35 (+16.7%)
External debt to GNI · 75.4% +3.31 (+4.6%)

Government

Government — El Salvador
Indicator Value Change
Government debt to GDP · 107.3% +4.21 (+4.1%)
Government revenue to GDP · 27.3% +0.98 (+3.7%)
Government expense to GDP · 27.9% +0.52 (+1.9%)
Tax revenue to GDP · 21.8% +0.91 (+4.4%)
Government budget balance to GDP · -2.1% +0.78 (+27.6%)
Government consumption to GDP · 16.4% -1.51 (-8.4%)
Education spending to GDP · 3.3% +0.13 (+4.1%)
Health spending to GDP · 9.3% -0.53 (-5.4%)

Demography

Demography — El Salvador
Indicator Value Change
Population · 6,365,503 +27,310 (+0.4%)
Population, long-run history · 6,429 +22.55 (+0.4%)
Population growth · 0.4% -0.02 (-4.8%)
Life expectancy · 72.3 +0.20 (+0.3%)
Fertility rate · 1.77 -0.01 (-0.4%)
Birth rate · 15.6 -0.16 (-1.0%)
Death rate · 7.5 -0.05 (-0.7%)
Urban population share · 75.5% +0.46 (+0.6%)
Population aged 65 and over · 8.3% +0.16 (+2.0%)
Under-five mortality rate · 10.0 -0.40 (-3.8%)
Population density · 305.9 +1.38 (+0.5%)
Net migration · -23,934 -832.00 (-3.6%)
Gini index · 39.8 +1.00 (+2.6%)

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

No separate list is published for El Salvador; the database as a whole is cited above.

Economies nearby

Comparable readings from neighbouring economies.