GDP in El Salvador

El Salvador GDP | Economic News & Forecasts

El Salvador - GDP

The economy likely performed fairly well in the fourth quarter. Economic activity growth accelerated in November, driven mainly by faster growth in the construction sector and a solid rebound in the financial and insurance activities sector, while in annual terms merchandise exports recovered firmly in Q4 from the third quarter’s contraction. Moreover, family remittances were healthy, although the annual rate of expansion ebbed from Q3. On the political front, Nayib Bukele won February’s presidential elections. Bukele appears more business friendly than the outgoing FMLN leader, but the future direction of economic policy is still uncertain and a divided parliament will make comprehensive reform difficult.

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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