Markets Actual Q4 Q1 Q2 Q3 2021
Currency 93.73 96.06 96.48 96.91 97.33 98.17

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -0.80 1.1 0.8 0.3 0.5 0.5
GDP Annual Growth Rate (%) 1.00 -7.5 1.5 14 8 5
Unemployment Rate (%) 6.30 8.5 8 8 8 8
Inflation Rate (%) -0.30 0.2 0.1 0.3 0.5 0.9
Interest Rate (%) 4.18 4 4 4 4.2 4.2
Balance of Trade (USD Million) -388.93 -556 -556 -475 -475 -556
Current Account (USD Million) -37.33 -150 -280 -200 -290 -330
Current Account to GDP (%) -2.10 -2.6 -3 -3 -3 -3
Government Debt to GDP (%) 73.30 80 78 78 78 78
Government Budget (% of GDP) -1.60 -3.8 -2.8 -2.8 -2.8 -2.8
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -0.80 1.1 0.8 0.3 0.5 0.5
GDP Annual Growth Rate (%) 1.00 -7.5 1.5 14 8 5
GDP (USD Billion) 27.02 24.7 25.6 25.6 25.6 25.6
GDP Constant Prices (USD Million) 6519.20 6773 6558 6617 7432 6908
Gross Fixed Capital Formation (USD Million) 5162.80 4016 4776 5240 5886 4096
GDP per capita (USD) 3572.40 3350 3400 3400 3400 3400
GDP per capita PPP (USD) 8775.99 8250 8490 8490 8490 8490
GDP From Agriculture (USD Million) 261.37 328 322 265 298 335
GDP From Construction (USD Million) 376.70 359 388 382 429 366
GDP From Public Administration (USD Million) 452.83 450 524 460 516 459
GDP From Transport (USD Million) 286.30 291 306 291 326 297
GDP From Utilities (USD Million) 182.14 172 164 185 208 176

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 6.30 8.5 8 8 8 8
Population (Million) 6.45 6.48 6.48 6.48 6.48 6.51

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) -0.30 0.2 0.1 0.3 0.5 0.9
Consumer Price Index CPI (points) 111.82 117 113 112 113 120
Producer Prices (points) 116.31 120 116 116 116 122
Inflation Rate Mom (%) -0.60 0.1 0.2 0.1 0.1 0.2
Food Inflation (%) 2.10 1.6 1.8 1.9 1.9 1.9
Core Inflation Rate (%) 0.43 0.1 0.2 0.3 0.3 0.3
Cpi Housing Utilities (points) 128.61 144 135 132 132 148
CPI Transportation (points) 103.76 113 109 107 103 116
Producer Prices Change (%) 0.00 0.1 0.3 0.6 0.6 1

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 4.18 4 4 4 4.2 4.2

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (USD Million) -388.93 -556 -556 -475 -475 -556
Current Account (USD Million) -37.33 -150 -280 -200 -290 -330
Current Account to GDP (%) -2.10 -2.6 -3 -3 -3 -3
Imports (USD Million) 820.34 900 900 900 900 915
Exports (USD Million) 431.41 425 425 425 425 432
Capital Flows (USD Million) -345.32 30 30 30 30 80
Foreign Direct Investment (USD Million) 48.10 290 290 290 290 350

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 73.30 80 78 78 78 78
Government Budget (% of GDP) -1.60 -3.8 -2.8 -2.8 -2.8 -2.8
Government Budget Value (USD Million) -436.00 -68.11 -68.11 -68.11 -68.11 -0.63
Government Spending (USD Million) 4312.40 4098 3989 4377 4916 4180
Military Expenditure (USD Million) 263.00 260 260 260 260 260

Taxes Actual Q4 Q1 Q2 Q3 2021
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 13.00 13 13 13 13 13
Social Security Rate (%) 10.00 10.5 10 10 10 10.5
Social Security Rate For Companies (%) 7.00 7.5 7 7 7 7.5
Social Security Rate For Employees (%) 3.00 3 3 3 3 3

Business Actual Q4 Q1 Q2 Q3 2021
Industrial Production (%) -15.70 -1.7 0.5 10 5 2.6
Changes in Inventories (USD Million) 354.00 265 265 265 265 265
Leading Economic Index (%) -12.20 -0.9 0.3 0.7 0.7 2.3

Consumer Actual Q4 Q1 Q2 Q3 2021
Consumer Spending (USD Million) 22437.40 21910 20755 22774 25579 22348
Gasoline Prices (USD/Liter) 0.66 0.67 0.57 0.54 0.51 0.64


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.