
Small Is Beautiful
Encouraged by government stimulus programs, banks are finding new ways to finance SMEs. Once the economy recovers, will the surge of interest recede?
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about El Salvador economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of El Salvador best banks and safest banks are also available.
A young politician takes the helm of a troubled nation.
USD 3.6 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
USD 26.1 billion (2018, estimate)
Intl$ 53.4 billion (2018, estimate)
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
1.9% | 2.1% | -2.1% | 2.1% | 3.8% | 2.8% | 2.2% |
2014 | 2015 | 2016 | 2017 | 2018* | ||
1.7% | 2.4% | 2.5% | 2.3% | 2.5% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2019* |
0.08% | 0.06% | 0.06% | 0.05% | 0.04% |
*Estimate
(2019 estimate)
2015 | 2016 | 2017 | 2018* | 2019* |
-0.7% | 0.6% | 1% | 1.1% | 0.9% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
6.5% | 6.9% | 6.8% | 7% | 7% |
*Estimate
2013 | 2014 | 2015 | 2016* | 2017* |
64.3% | 65.5% | 67.3% | 67.1% | 68.3% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
-3.5% | -2.9% | -2.4% | -2.5% | -3.1% |
*Estimate
Standard & Poor's: B-
Moody': B3
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
N/A | N/A | N/A |
-4.8 % (2018 estimate)
28.9% (2018)
0.03% (2018)
USD 12.7 billion (2018 estimate)
Offshore assembly exports, coffee, sugar, textiles and apparel, ethanol, chemicals, electricity, iron and steel manufactures
Raw materials, consumer goods, capital goods, fuels, foodstuffs, petroleum, electricity
US 45.7%, Honduras 13.9%, Guatemala 13.5%, Nicaragua 6.7%, Costa Rica 4.6% (2017)
US 36.7%, Guatemala 10.5%, China 8.7%, Mexico 7.4%, Honduras 6.7% (2017)
2016 | 2017 | 2018 |
USD 347 million | USD 889 million | USD 840 million |
2016 | 2017 | 2018 |
USD -0.4 million | USD 0.2 million | USD 0.0 million |
2015 | 2016 | 2017 | 2018 |
USD 5.0 million | N/A | N/A | N/A |
N/A
N/A
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:
91 out of 190 countries
Subcategories:
Starting a Business: 148 out of 190 countries
Dealing with Construction Permits: 168 out of 190 countries
Getting Electricity: 87 out of 190 countries
Registering Property: 79 out of 190 countries
Getting Credit: 25 out of 190 countries
Protecting Minority Investors: 140 out of 190 countries
Paying Taxes: 70 out of 190 countries
Trading across Borders: 46 out of 190 countries
Enforcing Contracts: 126 out of 190 countries
Resolving Insolvency: 92 out of 190 countries
103 out of 141 countries (2019)
103 out of 141 countries
(100=totally free 0=totally repressed)
Roman Catholic 50%, Protestant 36%, other 2%, none 12% (2014 est.)
1990 | 2000 | 2010 | 2015 | 2020* |
5.25 million | 5.87 million | 6.19 million | 6.46 million | 6.77 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
38.4% | 44.1% | 58.9% | 72% |
Total population: 88.1%
Male: 90.3%
Female: 86.3%
Definition: age 15 and over can read and write (2016 est.)
8.5% (last available estimate, 2017)
38 (last available estimate, 2017)
(0=perfect equality, 100=absolute inequality)
Free
Political Rights: 2
Civil Liberties: 3 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 13.7% Mobile: 146.9% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)
San Salvador: 166th (2019)