Source
Central bank

Central Reserve Bank of El Salvador

International Reserves

USD 3.2 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 27.7 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 57.3 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
3.9% 3.8% 1.3% -3.1% 1.4% 2.2% 1.9%
2013 2014 2015 2016* 2017*    
1.9% 1.4% 2.5% 2.4% 2.4%    

*Estimate

GDP per capita - current prices

USD 4,486.4 (2017, estimate)

GDP per capita - PPP

Intl$ 9,295.1 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.08% 0.06% 0.06% 0.05% 0.05%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 10.6% 
  • industry: 25.3%
  • services: 64.1%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2013 2014 2015 2016* 2017*
0.8% 1.1% -0.7% 1.0% 1.5%

*Estimate

Unemployment rate
2013* 2014* 2015* 2016* 2017*
5.6% 5.8% 5.3% 5.3% 5.3%

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
55.3% 57.1% 58.7% 60.4% 62%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-3.7% -3.4% -3.2% -3.5% -3.9%

*Estimate

Government bond ratings

Standard & Poor's: B-

Moody': B3

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -0.8 billion (2017 estimate)

Current account balance by percentage of GDP

-2.9% (2017 estimate)

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

26.0% (2015)

Shares in world total merchandising export

0.03% (2015)

Shares in world total commercial services export

0.05% (2015)

Total exports

USD 4.6 billion (2016 estimate)

Export commodities

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

Total imports

USD 9.4 billion (2016 estimate)

 
 
Source
Import commodities

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

Exports - major partners

US 47.1%, Honduras 13.9%, Guatemala 13.6%, Nicaragua 6.6%, Costa Rica 4.5% (2015)

Imports - major partners

US 39.4%, Guatemala 9.6%, China 8.1%, Mexico 7.4%, Honduras 5.7% (2015)

FDI inflows
2013 2014 2015
USD 179 million USD 311 million USD 429 million
FDI outflows
2013 2014 2015
USD 2.9 million USD 0.1 million USD -0.1 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD 11.7 million N/A N/A USD 5.0 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

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

Overall ranking: 95 out of 190 countries (2016)

Subcategories:

Starting a business: 129 out of 190 countries

Enforcing Contracts: 104 out of 190 countries

Registering Property: 71 out of 190 countries

Getting credit: 44 out of 190 countries

Protecting investors: 158 out of 190 countries

Trading across border: 44 out of 190 countries

Paying Taxes: 166 out of 190 countries

Dealing with Construction Permits: 156 out of 190 countries

Getting Electricity: 109 out of 190 countries

Resolving Insolvency: 80 out of 190 countries

Global competitiveness ranking

105 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 63 / Score: 65.12 (Moderately free) (2017)

(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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