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The Gross Domestic Product (GDP) in El Salvador contracted 0.58 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - El Salvador GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The growth of the real gross domestic product (GDP) in El Salvador was estimated at about 2.60 percent in 2024. From 1980 to 2024, the growth rose by approximately 11.23 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the growth will rise by around 0.15 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
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The Gross Domestic Product (GDP) in El Salvador expanded 2.32 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - El Salvador GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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<ul style='margin-top:20px;'>
<li>El Salvador economic growth for 2022 was <strong>31.99 billion US dollars</strong>, a <strong>10.14% increase</strong> from 2021.</li>
<li>El Salvador economic growth for 2021 was <strong>29.04 billion US dollars</strong>, a <strong>16.54% increase</strong> from 2020.</li>
<li>El Salvador economic growth for 2020 was <strong>24.92 billion US dollars</strong>, a <strong>7.29% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
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The latest data from show economic growth of 3.4 percent,
which is an increase from the rate of growth of 1.18 percent in the previous quarter and
a decrease compared to the growth rate of 4.6 percent in the same quarter last year.
The economic growth time series for El Salvador cover the period...
The gross domestic product (GDP) at PPP of El Salvador was estimated at about 83.92 billion PPP dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 72.75 billion PPP dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 27.96 billion PPP dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices expressed in international dollars and adjusted for purchasing power parity. The gross domestic product refers to the total value of final goods and services produced during a year. For the indicator at hand, the GDP value has been adjusted for purchasing power parity to increase comparability regarding the costs for goods and services. The International Monetary Fund database provides further details on the utilized exchange rates.
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Historical chart and dataset showing El Salvador GDP by year from 1965 to 2023.
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El Salvador: Economic growth: the rate of change of real GDP: The latest value from 2023 is 3.51 percent, an increase from 2.8 percent in 2022. In comparison, the world average is 3.43 percent, based on data from 184 countries. Historically, the average for El Salvador from 1966 to 2023 is 2.19 percent. The minimum value, -15.84 percent, was reached in 1980 while the maximum of 11.9 percent was recorded in 2021.
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El Salvador SV: GDP: Growth data was reported at 2.323 % in 2017. This records a decrease from the previous number of 2.581 % for 2016. El Salvador SV: GDP: Growth data is updated yearly, averaging 2.446 % from Dec 1966 (Median) to 2017, with 52 observations. The data reached an all-time high of 7.161 % in 1966 and a record low of -11.771 % in 1980. El Salvador SV: GDP: Growth 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. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
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The latest data from show economic growth of 3.4 pour cent,
which is an increase from the rate of growth of 1.18 pour cent in the previous quarter and
a decrease compared to the growth rate of 4.6 pour cent in the same quarter last year.
The economic growth time series for El Salvador cover the...
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The Gross Domestic Product (GDP) in El Salvador was worth 35.36 billion US dollars in 2024, according to official data from the World Bank. The GDP value of El Salvador represents 0.03 percent of the world economy. This dataset provides - El Salvador GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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El Salvador SV: GDP: Growth: Imports of Goods and Services data was reported at 1.965 % in 2017. This records an increase from the previous number of -1.222 % for 2016. El Salvador SV: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 2.607 % from Dec 1966 (Median) to 2017, with 52 observations. The data reached an all-time high of 41.467 % in 1990 and a record low of -25.928 % in 1980. El Salvador SV: GDP: Growth: Imports of Goods and Services 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. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
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<li>El Salvador GDP per capita for 2022 was <strong>$5,094</strong>, a <strong>9.71% increase</strong> from 2021.</li>
<li>El Salvador GDP per capita for 2021 was <strong>$4,643</strong>, a <strong>16.15% increase</strong> from 2020.</li>
<li>El Salvador GDP per capita for 2020 was <strong>$3,997</strong>, a <strong>7.47% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
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The Gross Domestic Product per capita in El Salvador was last recorded at 4585.23 US dollars in 2024. The GDP per Capita in El Salvador is equivalent to 36 percent of the world's average. This dataset provides - El Salvador GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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El Salvador SV: GDP: Growth: GNI per Capita data was reported at -10.372 % in 2017. This records a decrease from the previous number of 1.316 % for 2016. El Salvador SV: GDP: Growth: GNI per Capita data is updated yearly, averaging 1.576 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 8.053 % in 1992 and a record low of -10.372 % in 2017. El Salvador SV: GDP: Growth: GNI 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. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
The value added by the services industry to the gross domestic product in El Salvador increased by 0.6 billion U.S. dollars (+3.59 percent) compared to the previous year. While the growth is slowing down, with 17.28 billion U.S. dollars, the value added is at its peak in the observed period. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resourcesFind more statistics on other topics about El Salvador with key insights such as value added by the services industry to the gross domestic product, value added to gross domestic product by the manufacturing sector, value added by the agriculture, forestry, and fishing sector to the gross domestic product.
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Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Climate Change, External Debt, Trade.
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Graph and download economic data for Gross Domestic Product Per Capita for El Salvador (PCAGDPSVA646NWDB) from 1965 to 2024 about El Salvador, per capita, and GDP.
The score given to El Salvador on the Global Competitiveness Report, a study that assesses the competitiveness level of countries' economies worldwide, has decreased recently. In 2019, the Salvadoran economy had a competitiveness index of 52.6 points (in a range from 1 to 100), down from 52.82 points recorded a year earlier.Furthermore, the growth rate of El Salvador's gross domestic product (GDP) is expected to decrease within the next years.
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El Salvador: Exports of goods and services, annual growth: The latest value from 2023 is 5.16 percent, a decline from 9.14 percent in 2022. In comparison, the world average is 5.19 percent, based on data from 130 countries. Historically, the average for El Salvador from 1966 to 2023 is 4.05 percent. The minimum value, -24.07 percent, was reached in 2020 while the maximum of 32.75 percent was recorded in 1979.
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The Gross Domestic Product (GDP) in El Salvador contracted 0.58 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - El Salvador GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.