GDP in El Salvador
El Salvador - GDPThe economy seems to have continued on its solid growth path and closed the first half of the year on a strong footing. The economy benefitted from robust household consumption, supported by an increase in remittance flows in H1 due to positive developments in the U.S. labor market, while loans to households and nominal wages also rose firmly in the period. Additionally, export growth in the six months up to June was driven by greater foreign demand for industrial and agriculture products. However, merchandise imports grew at nearly the same pace as exports, with the trade deficit widening as a result.
El Salvador - GDP Data
|Economic Growth (GDP, annual variation in %)||1.9||1.8||1.4||2.3||2.4|
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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