GDP in El Salvador

El Salvador GDP | Economic News & Forecasts

El Salvador - GDP

The Salvadorian economy expanded 2.3% in year-on-year terms in the first quarter of this year driven by expansions in key sectors such as construction, financial services, and retail, restaurants and hotels. Despite moderating from Q4’s 2.6% rise, the Central Bank left its growth forecast for this year unchanged since economic activity is growing at a healthy pace and is above the potential growth rate of 2.0%. More recent data from Q2 suggests that the economy is growing at a steady rate. Low inflation coupled with increased salaries and solid growth in remittances and private credit—the former of which expanded 10.8%—will continue to boost economic activity.

El Salvador - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)2.2  1.9  1.8  1.4  2.3  

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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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