Economic Trivia

El Salvador has the third largest economy in Central America.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2017): United States, Guatemala, and China
Top 3 Exported Goods (2017): Apparel: Knit, Plastics, and Electrical Machinery

Top Industries Source: CIA World Factbook

Food Processing; Beverages; Petroleum; Chemicals

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $51,061,468,811 (2017)
GDP Growth Rate (annual %) 2.323% (2017)
GDP Per Capita, PPP (current international) $8,006 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 106/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 1.012% (2017)
External debt stocks, total (DOD, current US$) $16,698,900,611 (2017)
Total tax rate (% of commercial profits) 35.5% (2017)
Real Interest Rate (5 year average %) 10.344% (2000)
Manufacturing, value added (% of GDP) 16.14% (2017)
Current Account Balance (BoP, current US$) ($501,320,326) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 2,844,047 (2017)
Employment in Agriculture (% of total employment) 18.83% (2017)
Employment in Industry (% of total employment) 21.151% (2017)
Employment in Services (% of total employment) 60.019% (2017)
Unemployment Rate 4.491% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $11,140,135,100 (2017)
Exports of goods and services (current US$) $6,855,687,100 (2017)
Total Merchandise Trade (% of GDP) 65.924% (2017)
FDI, net inflows (BoP, current US$) $330,917,517 (2017)
Commercial Service Exports (current US$) $2,492,115,966 (2017)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, El Salvador’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank