GDP reading: GDP growth accelerated somewhat to 4.5% year on year in the second quarter, from 4.4% in the first...
Economic Growth in El Salvador
El salvador's economy recorded an average growth rate of 2.4% in the decade to 2024, compared to the 2.9% average for Central America and Caribbean. In 2024, real GDP growth was 2.6%. For more GDP information, visit our dedicated page.
El Salvador GDP Chart
Note: This chart displays Economic Growth (GDP, annual variation in %) for El Salvador from 2022 to 2019.
Source: Macrobond.
El Salvador GDP Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Economic Growth (GDP, ann. var. %) | -7.9 | 11.9 | 3.0 | 3.5 | 2.6 |
| GDP (USD bn) | 24.9 | 29.0 | 31.9 | 33.9 | 35.4 |
| Economic Growth (Nominal GDP, ann. var. %) | -7.3 | 16.5 | 9.7 | 6.2 | 4.5 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Salvadoran GDP projections for the next ten years from a panel of 20 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for Salvadoran GDP.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Salvadoran GDP projections.
Want to get access to the full dataset of Salvadoran GDP forecasts? Send an email to info@focus-economics.com.
Latest Global GDP News
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Malaysia: GDP growth improves moderately in Q2 -
Singapore: GDP growth accelerates in Q2 GDP growth upwardly revised: The statistical office slightly revised Q2 annual GDP growth upward to 4.4% from the 4.3% advance... -
Philippines: Economic growth inches up to one-year high in Q2 GDP growth acceleration beats market expectations: GDP growth accelerated to 5.5% year on year in the second quarter, up from... -
Indonesia: GDP growth accelerates in Q2 GDP growth surprises markets on the upside: GDP growth improved to 5.1% year on year in Q2 from 4.9% in... -
Hong Kong: GDP growth records best result since Q4 2023 in Q2 GDP reading: GDP growth ticked up to 3.1% year on year in the second quarter from 3.0% in the first... -
Canada: Economy flatlines in May GDP reading: GDP was flat in month-on-month seasonally adjusted terms in May, following April’s 0.1% decrease. On an annual basis,... -
Saudi Arabia: GDP growth improves in the second quarter GDP reading: According to a preliminary reading, GDP growth improved to 3.9% year on year in the second quarter from...