GDP in El Salvador

El Salvador GDP | Economic News & Forecasts

El Salvador - GDP

The economy had a poor start to the second quarter of 2019, following a likely downbeat first quarter of the year. Annual growth in economic activity slowed to a near four-year low in April due to a contraction in the agricultural, industrial, trade, transport and storage, and ICT sectors. In addition, remittances and merchandise exports both fell in April compared to the same month a year earlier and, with the U.S. economy set to cool in Q2, El Salvador’s economy will likely feel the effects. Meanwhile, in politics, President Nayib Bukele was sworn into office on 1 June and lost no time in firing several government officials, including relatives of former President Salvador Sánchez Cerén, via Twitter.

El Salvador - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)2.4  2.0  2.4  2.6  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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