GDP in El Salvador

El Salvador GDP | Economic News & Forecasts

El Salvador - GDP

The 2017 budget approved in January this year has come under fire due to the government’s exclusion of expenditure items estimated at over USD 600m, which means that El Salvador risks suffering liquidity problems by mid-2017, repeating the scenario seen last year. Without further fiscal adjustment, this leaves the government at risk of a substantial debt increase, in a context where the government has long been under pressure to halt the country’s spiraling debt problem. Mounting fiscal imbalances, coupled with slowing public consumption, had hampered growth last year. Though private consumption gained traction thanks to surging remittances, annual growth remained below the regional average of around 3.0%.

El Salvador - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)2.2  1.9  1.8  1.4  2.5  

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El Salvador GDP Chart


El Salvador GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Central Bank of El Salvador.

El Salvador Facts

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