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The economy of El Salvador has experienced relatively low rates of GDP growth, in comparison to other developing countries.
Oct 18, 2024 · El Salvador is a small, dollarized economy with a population of 6.3 million people closely tied to the U.S. through trade and remittances. Between 2000 and 2023, Gross Domestic Product (GDP) grew at an average annual rate of 2.1 percent.
Aug 1, 2024 · Here is a 2024 economic overview of El Salvador to get a sense of its trajectory. Leading sectors. Energy, manufacturing, and telecommunications are the three most important sectors for foreign direct investment (FDI) in El Salvador, with significant growth potential for the future.
The webpage provides data on El Salvador's GDP, including national accounts data and OECD National Accounts data files.
El Salvador Global Economic Prospects examines trends for the world economy and how they affect developing countries. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets.
Nov 12, 2024 · exclusive economic zone: 200 nm. Climate.
Access the latest politics analysis and economic growth summary through 2011 for El Salvador from The Economist Intelligence Unit
El Salvador’s GDP rebounded in 2021, largely fueled by remitances. Growth prospects are threatened by high debt and financing needs, slow progress on produc-tivity-enhancing reforms, and policy un-certainty. Poverty is not estimated to re-turn to its pre-pandemic levels in 2021.
The smallest country in Central America, El Salvador has experienced modest economic growth in recent decades, with annual GDP growth exceeding 3 percent only three times between 2000 and 2022. Still, the country achieved a significant decline in poverty and inequality.
El Salvador is embarking on an ambitious economic reform agenda to overcome decades of low growth and stagnant productivity, combined with the devastating impact of the COVID-19 crisis.
