Markets Actual Q1 Q2 Q3 Q4 2020
Currency 97.57 96.06 96.48 96.91 97.33 98
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.10 0.6 0.6 0.4 0.8 0.8
GDP Annual Growth Rate (%) 2.70 2.2 2 2.1 2.3 2.1
Unemployment Rate (%) 6.40 6.8 6.8 6.8 6.8 6.8
Inflation Rate (%) 0.01 0.9 1.3 1.5 1.7 1.3
Interest Rate (%) 4.36 4.2 4.2 4.2 4.2 4.4
Balance of Trade (USD Million) -452.72 -556 -450 -535 -556 -556
Current Account (USD Million) -193.70 -200 -250 -310 -390 -400
Current Account to GDP (%) -4.80 -4.6 -4.6 -4.6 -4.6 -4.8
Government Debt to GDP (%) 72.82 75 75 75 75 73
Government Budget (% of GDP) -1.10 -1.2 -1.2 -1.2 -1.2 -1.3
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.10 0.6 0.6 0.4 0.8 0.8
GDP Annual Growth Rate (%) 2.70 2.2 2 2.1 2.3 2.1
GDP (USD Billion) 26.06 27 27 27 27 28
GDP Constant Prices (USD Million) 6665.20 6499 6783 6787 6871 7015
Gross Fixed Capital Formation (USD Million) 4288.00 4335 4331 4333 4387 4479
GDP per capita (USD) 3511.36 3700 3700 3700 3700 3700
GDP per capita PPP (USD) 7392.90 7600 7600 7600 7600 7600
GDP From Agriculture (USD Million) 336.92 249 375 376 380 388
GDP From Construction (USD Million) 361.71 360 383 383 387 396
GDP From Public Administration (USD Million) 499.62 449 501 501 507 518
GDP From Transport (USD Million) 330.30 285 355 355 360 367
GDP From Utilities (USD Million) 209.30 214 199 199 202 206
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 6.40 6.8 6.8 6.8 6.8 6.8
Population (Million) 6.42 6.46 6.44 6.44 6.48 6.51
Wages High Skilled (SVC/Month) 831.00 790 790 790 830 850
Wages Low Skilled (SVC/Month) 291.00 345 345 345 370 390
Living Wage Family (SVC/Month) 515.00 504 495 486 515 530
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 0.01 0.9 1.3 1.5 1.7 1.3
Consumer Price Index CPI (points) 112.31 114 114 114 114 116
Producer Prices (points) 116.06 117 117 118 118 120
Producer Prices Change (%) -0.04 0.5 0.8 1.1 1.4 1.6
Inflation Rate Mom (%) 0.10 0.2 0.2 0.3 0.1 0.1
Food Inflation (%) 1.20 1.3 1.6 1.7 1.8 1.4
Core Inflation Rate (%) -0.03 0.4 0.2 0.3 0.4 0.3
Cpi Housing Utilities (points) 134.93 139 137 137 136 138
CPI Transportation (points) 108.79 110 112 110 111 113
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 4.36 4.2 4.2 4.2 4.2 4.4
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -452.72 -556 -450 -535 -556 -556
Current Account (USD Million) -193.70 -200 -250 -310 -390 -400
Current Account to GDP (%) -4.80 -4.6 -4.6 -4.6 -4.6 -4.8
Exports (USD Million) 448.52 430 530 465 425 432
Imports (USD Million) 901.24 910 980 1000 900 915
Capital Flows (USD Million) 320.71 50 80 120 30 80
Foreign Direct Investment (USD Million) 20.43 200 100 50 290 350
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 72.82 75 75 75 75 73
Government Budget (% of GDP) -1.10 -1.2 -1.2 -1.2 -1.2 -1.3
Government Budget Value (USD Million) -274.40 -68.11 -68.11 -68.11 -68.11 -0.63
Government Spending (USD Million) 4203.30 4250 4245 4247 4300 4390
Military Expenditure (USD Million) 263.00 260 260 260 260 260
Taxes Actual Q1 Q2 Q3 Q4 2020
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 13.00 13 13 13 13 13
Social Security Rate (%) 10.00 10 10 10 10 10
Social Security Rate For Companies (%) 7.00 7 7 7 7 7
Social Security Rate For Employees (%) 3.00 3 3 3 3 3
Business Actual Q1 Q2 Q3 Q4 2020
Industrial Production (%) 2.40 2.2 2.2 1.9 2.4 2.6
Changes in Inventories (USD Million) 1037.48 265 265 265 265 265
Leading Economic Index (%) 2.60 2.2 2.2 2 2.3 2.3
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Spending (USD Million) 21664.20 21903 21881 21892 22162 22628
Gasoline Prices (USD/Liter) 0.78 0.87 0.89 0.91 0.93 0.93


This page has economic forecasts for El Salvador including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the El Salvador economy.