As of 2023, in the Central American country of El Salvador, the average monthly income was reported to be significantly higher in urban areas. Furthermore, the national average monthly income stood at a mean value of 700.94 USD.
The national gross income per capita in El Salvador increased by 250 U.S. dollars (+5.35 percent) in 2023. While the growth is slowing down, with 4,920 U.S. dollars, the national gross income is at its peak in the observed period. Gross national income (GNI) per capita is the total amount of money received by a country (regardless of whether it originates in the country or abroad) divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which uses a price adjusted, three year moving average, which smooths out exchange rate fluctuations.Find more statistics on other topics about El Salvador with key insights such as value added to gross domestic product by the manufacturing sector, value added by the agriculture, forestry, and fishing sector to the gross domestic product, and value added by the services industry to the gross domestic product.
In August of 2022, the average wage for the Salvadoran population living in the United States were higher for the business owners with 13,900 USD. As an overall the male population got a higher average wage compared to women across the different occupational positions.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
El Salvador SV: GDP: Gross National Disposable Income data was reported at 28,449.277 SVC mn in 2017. This records an increase from the previous number of 27,262.518 SVC mn for 2016. El Salvador SV: GDP: Gross National Disposable Income data is updated yearly, averaging 23,495.074 SVC mn from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 28,449.277 SVC mn in 2017 and a record low of 17,242.501 SVC mn in 2005. El Salvador SV: GDP: Gross National Disposable Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s El Salvador – Table SV.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.
Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2024, workers in the Central American country enjoy a basic monthly wage of over 687 U.S. dollars, an increase of 1.83 percent compared to the previous year and over 100 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than three dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Adjusted net national income per capita (annual % growth) in El Salvador was reported at 7.1424 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. El Salvador - Adjusted net national income per capita (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
El Salvador SV: Mobile Account: Income: Richest 60%: % Aged 15+ data was reported at 4.879 % in 2014. El Salvador SV: Mobile Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 4.879 % from Dec 2014 (Median) to 2014, with 1 observations. El Salvador SV: Mobile Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s El Salvador – Table SV.World Bank.WDI: Banking Indicators. Mobile account denotes the percentage of respondents who report personally using a mobile phone to pay bills or to send or receive money through a GSM Association (GSMA) Mobile Money for the Unbanked (MMU) service in the past 12 months; or receiving wages, government transfers, or payments for agricultural products through a mobile phone in the past 12 months.; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
El Salvador SV: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 3,560.000 USD in 2017. This records a decrease from the previous number of 3,930.000 USD for 2016. El Salvador SV: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 1,090.000 USD from Dec 1967 (Median) to 2017, with 51 observations. The data reached an all-time high of 3,930.000 USD in 2016 and a record low of 300.000 USD in 1969. El Salvador SV: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s El Salvador – Table SV.World Bank.WDI: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
In 2024, El Salvador scored 0.59 in the gender gap index area of economic participation and opportunity. This shows that women are 41 percent less likely to have equal economic participation and opportunities in comparison to men. That year, the country scored 0.6 in estimated earned income, which represents that, on average, women in El Salvador only earn 60 percent of the income earned by men.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
El Salvador SV: GDP: Net National Income data was reported at 25,572.073 SVC mn in 2016. This records an increase from the previous number of 24,961.606 SVC mn for 2015. El Salvador SV: GDP: Net National Income data is updated yearly, averaging 14,623.586 SVC mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 25,572.073 SVC mn in 2016 and a record low of 4,673.289 SVC mn in 1990. El Salvador SV: GDP: Net National Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s El Salvador – Table SV.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.
Drivers in El Salvador were able to buy 445 liters of gasoline on an average monthly net salary in 2024. The gasoline index in the country fluctuated between 2019 and 2024, with a high reported in 2020.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
El Salvador SV: Account: Income: Richest 60%: % Aged 15+ data was reported at 45.056 % in 2014. This records an increase from the previous number of 18.860 % for 2011. El Salvador SV: Account: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 31.958 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 45.056 % in 2014 and a record low of 18.860 % in 2011. El Salvador SV: Account: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s El Salvador – Table SV.World Bank.WDI: Banking Indicators. Denotes the percentage of respondents who report having an account (by themselves or together with someone else). For 2011, this can be an account at a bank or another type of financial institution, and for 2014 this can be a mobile account as well (see year-specific definitions for details) (income, richest 60%, % age 15+). [ts: data are available for multiple waves].; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
El Salvador SV: GDP: Growth: Adjusted Net National Income per Capita data was reported at 0.787 % in 2016. This records a decrease from the previous number of 2.660 % for 2015. El Salvador SV: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 0.969 % from Dec 1991 (Median) to 2016, with 26 observations. The data reached an all-time high of 8.955 % in 1993 and a record low of -5.493 % in 2009. El Salvador SV: GDP: Growth: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s El Salvador – Table SV.World Bank: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
El Salvador SV: GDP: Growth: Adjusted Net National Income data was reported at 1.302 % in 2016. This records a decrease from the previous number of 3.172 % for 2015. El Salvador SV: GDP: Growth: Adjusted Net National Income data is updated yearly, averaging 1.509 % from Dec 1991 (Median) to 2016, with 26 observations. The data reached an all-time high of 10.442 % in 1993 and a record low of -5.075 % in 2009. El Salvador SV: GDP: Growth: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s El Salvador – Table SV.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
El Salvador SV: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Equity: Reinvested Earnings: Credit data was reported at 0.223 USD mn in 2017. This records an increase from the previous number of -2.814 USD mn for 2016. El Salvador SV: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Equity: Reinvested Earnings: Credit data is updated yearly, averaging 0.000 USD mn from Dec 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 1.940 USD mn in 2015 and a record low of -2.814 USD mn in 2016. El Salvador SV: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Equity: Reinvested Earnings: Credit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s El Salvador – Table SV.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
El Salvador BoP: Current Account: Primary Income: Investment Income: Direct Investment: Equity: Reinvested Earnings: PI: Debit data was reported at 0.000 USD mn in 2023. This stayed constant from the previous number of 0.000 USD mn for 2022. El Salvador BoP: Current Account: Primary Income: Investment Income: Direct Investment: Equity: Reinvested Earnings: PI: Debit data is updated yearly, averaging 0.000 USD mn from Dec 2020 (Median) to 2023, with 4 observations. The data reached an all-time high of 0.000 USD mn in 2023 and a record low of 0.000 USD mn in 2023. El Salvador BoP: Current Account: Primary Income: Investment Income: Direct Investment: Equity: Reinvested Earnings: PI: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s El Salvador – Table SV.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
El Salvador BoP: Current Account: Primary Income: Investment Income: Portfolio Investment: Equity: Investment Income Attributable to Investment Fund Shareholders: Reinvested Earnings: Credit data was reported at 0.000 USD mn in 2023. This stayed constant from the previous number of 0.000 USD mn for 2022. El Salvador BoP: Current Account: Primary Income: Investment Income: Portfolio Investment: Equity: Investment Income Attributable to Investment Fund Shareholders: Reinvested Earnings: Credit data is updated yearly, averaging 0.000 USD mn from Dec 2020 (Median) to 2023, with 4 observations. The data reached an all-time high of 0.000 USD mn in 2023 and a record low of 0.000 USD mn in 2023. El Salvador BoP: Current Account: Primary Income: Investment Income: Portfolio Investment: Equity: Investment Income Attributable to Investment Fund Shareholders: Reinvested Earnings: Credit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s El Salvador – Table SV.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
El Salvador SV: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Equity: Reinvested Earnings data was reported at -622.425 USD mn in 2017. This records a decrease from the previous number of -304.258 USD mn for 2016. El Salvador SV: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Equity: Reinvested Earnings data is updated yearly, averaging -18.691 USD mn from Dec 1976 (Median) to 2017, with 35 observations. The data reached an all-time high of -1.910 USD mn in 2007 and a record low of -622.425 USD mn in 2017. El Salvador SV: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Equity: Reinvested Earnings data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s El Salvador – Table SV.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Costa Rica Foreign Direct Investment Income: Outward: Total: El Salvador data was reported at 4.294 USD mn in 2022. This records a decrease from the previous number of 5.086 USD mn for 2021. Costa Rica Foreign Direct Investment Income: Outward: Total: El Salvador data is updated yearly, averaging 4.992 USD mn from Dec 2017 (Median) to 2022, with 6 observations. The data reached an all-time high of 9.063 USD mn in 2018 and a record low of 2.575 USD mn in 2020. Costa Rica Foreign Direct Investment Income: Outward: Total: El Salvador data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Costa Rica – Table CR.OECD.FDI: Foreign Direct Investment Income: by Region and Country: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positionsTreatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle).; Under the directional presentation , the direct investment flows and positions are organised according to the direction of the investment for the reporting economy-either outward or inward . So, for a particular country, all flows and positions of direct investors resident in that economy are shown under outward investment and all flows and positions for direct investment enterprises resident in that economy are shown under inward investment. The directional presentation reflects the direction of influence. For more details, see a complete note on ' Asset/liability versus directional presentation '; FDI financial flows are cross-border transactions between affiliated parties (direct investors, direct investment enterprises and/or fellow enterprises) recorded during the reference period (typically year or quarter). FDI positions represent the value of the stock of direct investments held at the end of the reference period (typically year or quarter). The change in direct investment positions from one period to the next is equal to the value of financial transactions recorded during the period plus other changes in prices, exchange rates, and volume. FDI income data are closely linked to the stocks of investments and are used for analysis of the productivity of the investment and calculation of the rate of return on the total funds invested. The main financial instrument components of FDI are equity and debt instruments. Equity includes common and preferred shares (exclusive of non-participating preference shares which should be included under debt), reserves, capital contributions and reinvestment of earnings. Dividends, distributed branch earnings, reinvested earnings and undistributed branch earnings are components of FDI income on equity . Reinvested earnings and reinvestment of earnings are separately identified components of equity in FDI income data and in FDI financial flows. Debt instruments include marketable securities such as bonds, debentures, commercial paper, promissory notes, non-participating preference shares and other tradable non-equity securities as well as loans, deposits, trade credit and other accounts payable/ receivable.The interest returns on the above instruments are included in FDI income on debt .; Resident Special Purpose Entities (SPEs) do not exist or are not significant and are recorded as zero in the FDI database. Valuation method used for listed inward and outward equity positions: Book value. Valuation method used for unlisted inward and outward equity positions: Book value. Valuation method used for inward and outward debt positions: Book value. .
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
El Salvador BoP: Current Account: Secondary Income: General Government: Current Taxes on Income, Wealth: ow Payable by Border, Seasonal & Other Short Term Workers: Credit data was reported at 0.000 USD mn in 2023. This stayed constant from the previous number of 0.000 USD mn for 2022. El Salvador BoP: Current Account: Secondary Income: General Government: Current Taxes on Income, Wealth: ow Payable by Border, Seasonal & Other Short Term Workers: Credit data is updated yearly, averaging 0.000 USD mn from Dec 2020 (Median) to 2023, with 4 observations. The data reached an all-time high of 0.000 USD mn in 2023 and a record low of 0.000 USD mn in 2023. El Salvador BoP: Current Account: Secondary Income: General Government: Current Taxes on Income, Wealth: ow Payable by Border, Seasonal & Other Short Term Workers: Credit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s El Salvador – Table SV.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.
As of 2023, in the Central American country of El Salvador, the average monthly income was reported to be significantly higher in urban areas. Furthermore, the national average monthly income stood at a mean value of 700.94 USD.