El Salvador current account deficit narrowed to USD 193.7 million in the third quarter of 2019 from USD 512.1 million in the corresponding period a year earlier. The goods account deficit narrowed to USD 1533 from USD 1608, while the services account surplus widened to USD 240 million from USD 179 million. Meanwhile, the primary income account deficit shortened to USD 312 million from USD 411 million, whereas the secondary income account surplus widened to USD 1411 million from USD 1328 million.

Current Account in El Salvador averaged -285.75 USD Million from 1990 until 2019, reaching an all time high of 79.07 USD Million in the first quarter of 2017 and a record low of -1130 USD Million in the fourth quarter of 1991. This page provides the latest reported value for - El Salvador Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Current Account in El Salvador is expected to be -200.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in El Salvador to stand at -390.00 in 12 months time. In the long-term, the El Salvador Current Account is projected to trend around -400.00 USD Million in 2021, according to our econometric models.


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El Salvador Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-193.70 -110.57 79.07 -1130.00 1990 - 2019 USD Million Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 02:50 PM Q4 $-306.2M $-512.1M $ -320M
2019-06-28 10:45 PM Q1 $-224.7M $-306.2M $ 50M
2019-09-30 10:00 PM Q2 $-104.2M $-162.0M $ -310M
2019-12-24 12:00 AM Q3 $-193.7M $-110.6M $ -260M
2020-03-31 02:50 PM Q4 $-193.7M $ -380M
2020-06-29 10:45 PM Q1 $ -200M
2020-09-30 10:00 PM Q2 $ -250M
2020-12-21 12:00 AM Q3 $ -310M


News Stream
El Salvador Current Account Deficit Narrows in Q3
El Salvador current account deficit narrowed to USD 193.7 million in the third quarter of 2019 from USD 512.1 million in the corresponding period a year earlier. The goods account deficit narrowed to USD 1533 from USD 1608, while the services account surplus widened to USD 240 million from USD 179 million. Meanwhile, the primary income account deficit shortened to USD 312 million from USD 411 million, whereas the secondary income account surplus widened to USD 1411 million from USD 1328 million.
2019-12-24
El Salvador Current Account Deficit Narrows
El Salvador current account deficit narrowed to USD 104.2 million in the second quarter of 2019 from USD 248.0 million in the corresponding month a year earlier. The goods remained practically unchanged at USD 1508 from USD 1507 million and the primary income gap went down to USD 263 million from USD 370 million. On the other hand, the services surplus rose to USD 243 million from USD 219 million and the secondary income surplus advanced to USD 1424 million from USD 1410 million a year ago.
2019-09-30

El Salvador Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).