Source
Central bank

Central Reserve Bank of El Salvador

International Reserves

US$ 2.826 billion (Source: IMF; Data updated: 2014)

Gross Domestic Product - GDP

US$ 25 billion (2014 estimate)

GDP (Purchasing Power Parity)

49 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
2.3% 1.9% 3.6% 3.9% 3.8% 1.3% -3.1% 1.4%
2011 2012 2013 2014*        
2.2% 1.9% 1.6% 1.6%        

*Estimate

GDP per capita - current prices

US$ 4,014 (2014 estimate)

GDP per capita - PPP

$7,720 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.09% 0.06% 0.07% 0.06% 0.05%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 10.3% 
  • industry: 29.5%
  • services: 60.1% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2011 2012 2013 2014*
5.1% 1.7% 0.8% 1.8%

*Estimate

Unemployment rate
2011 2012 2013 2014*
5.4% 5.6% 5.7% 5.7%

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
49.7% 50.0% 55.1% 54.9% 57.1%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-4.4% -3.9% -3.9% -4.0% -4.4%

*Estimate  

Government bond ratings

Standard & Poor's: BB-

Moody's rating: Ba3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2010* 2011 2012**
US$NA US$5.474 billion US$10.74 billion

*2010 Estimate      **2012 Estimate 

Largest companies in El Salvador

N/A

 
 
Source
Current account balance

US$ -1.612 billion (2014 estimate)

Current account balance by percentage of GDP

-6.324% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

26.4% (2013)

(Data released on October 2014)

Shares in world total merchandising export

0.03% (2012)

 

Shares in world total commercial services export

0.03% (2012)

(Data were released in March 2014)

Total exports

US$5.112 billion (2013 estimate) 

Export commodities

offshore assembly exports, coffee, sugar, textiles and apparel, gold, ethanol, chemicals, electricity, iron and steel manufactures

Total imports

US$10.030 billion (2013 estimate) 

 
 
Source
Import commodities

raw materials, consumer goods, capital goods, fuels, foodstuffs, petroleum, electricity

Exports - major partners

US 47.3%, Guatemala 13.8%, Honduras 9.6%, Nicaragua 5.4% (2012)

Imports - major partners

US 35.4%, Guatemala 12.7%, Mexico 7%, China 5.6%, Germany 4.2% (2012)

FDI inflows
2011 2012 2013
US$219 million US$482 million US$140 million
FDI outflows
2011 2012 2013  
US$ 0 US$ -2 million US$ 3 million   
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$ 0 US$0 US$12 million US$ 0 
       
Cross-border M&A; deals worth over $3 billion completed in 2012(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 118 out of 189 countries (2013)

Subcategories:

Starting a business: 148 out of 189 countries

Enforcing Contracts: 68 out of 189 countries

Registering Property: 59 out of 189 countries

Getting credit: 55 out of 189 countries

Protecting investors: 170 out of 189 countries

Trading across border: 64 out of 189 countries

Paying Taxes: 165 out of 189 countries

Dealing with Construction Permits: 144 out of 189 countries

Getting Electricity: 154 out of 189 countries

Resolving Insolvency: 90 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

84

(2014-2015)

 

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 59 Score: 66.2 (Moderately Free) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC-6

Total area

21,041 sq km

Capital

San Salvador

Currency

US dollar (USD)

Government type

republic

Languages

Spanish, Nahua (among some Amerindians)

Religions

Roman Catholic 57.1%, Protestant 21.2%, Jehovah's Witnesses 1.9%, Mormon 0.7%, other religions 2.3%, none 16.8% (2003 estimate)

Total population
1990 2000 2010 2014* 2019**
5.574 million 5.96 million 6.22 million 6.352 million 6.482 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
38.3% 44% 59% 66%
Population median age

25.6 years (2014 est.)

Population growth rate

0.27% (2014 est.)

Life expectancy

74.18 years (2014 estimate)

Adult literacy

84.5% (2010 estimate)

% of population living on less than $2 a day

8.8% (2012)

Inequality of wealth distribution (Gini index)

41.8 (2012)
(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 2
Civil Liberties: 3 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 15.0%   Mobile 136.2%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

23.11% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

San Salvador 190th (2014)

CO2 emissions(Metric tons of CO2 per capita)

1.0 (2010)

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