GDP in El Salvador
El Salvador - GDPThe economy entered 2017 on a somewhat weaker footing, according to the Central Bank’s monthly economic activity indicator. Dynamics in the construction and transportation sectors decelerated in the first two months of the year, while government services and mining declined in the same period. Conversely, a healthy job market in the United States is boosting remittances, which expanded at the fastest pace since 2006 in March. In early May, Fitch Ratings and S&P Global Ratings upgraded El Salvador’s credit rating after the government cured the default on its sovereign obligations in April, which had triggered a downgrade by the Big Three credit rating agencies.
El Salvador - GDP Data
|Economic Growth (GDP, annual variation in %)||2.2||1.9||1.8||1.4||2.3|
5 years of economic forecasts for more than 30 economic indicators.
El Salvador GDP Chart
Source: Central Bank of El Salvador.
El Salvador Facts
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