Although tariff cuts that were expected in July 1996 were delayed until 1997, the government of El Salvador is committed to a free and open economy. Total U.S. exports to El Salvador reached $2.1 billion in 1999, while El Salvador exported $1.6 billion to the United States.

2024年10月18日 · El Salvador is a small, dollarized economy with a population of 6.3 million people closely tied to the U.S. through trade and remittances. Between 2000 and 2023, Gross Domestic Product (GDP) grew at an average annual rate of 2.1 percent.

2024年8月1日 · El Salvador faces significant debt, reaching USD30 billion in March 2024, or 82.8% of GDP. Bukele pledges to streamline spending, particularly in education and healthcare, which need robust financial backing.

Want to get insight on the economic outlook for El Salvador in the coming years? FocusEconomics collects projections out to 2034 on 41 economic indicators for El Salvador from a panel of 20 analysts at the leading national, regional and global forecast institutions.

2024年10月10日 · According to the World Bank’s predictions, El Salvador will have the second-lowest economic growth in Central America in 2024, trailing Costa Rica, Guatemala, Nicaragua, and Honduras but ahead of Panama.

GDP (current US$) - El Salvador. World Bank national accounts data, and OECD National Accounts data files. License: CC BY-4.0 ...

The smallest country in Central America, El Salvador has experienced modest economic growth in recent decades, with annual GDP growth exceeding 3 percent only three times between 2000 and 2022. Still, the country achieved a significant decline in poverty and inequality.

2025年1月22日 · El Salvador’s economy was predominantly agricultural until industry rapidly expanded in the 1960s and ’70s. Despite its traditional concentration on agriculture, the country is not self-sufficient and must import food.

Economy | Forecast | Economic growth | July 5th 2023 El Salvador’s GDP expands slightly in Q1 Despite some signs of resilience, growth will soften this year owing to high borrowing costs and a weakening US economy.

Includes historical data for El Salvador’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.