Markets Actual Q2 Q3 Q4 Q1 2022
Currency 92.11 96.06 96.48 96.91 97.33 98.17

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) -2.30 0.3 0.5 0.5 0.5 0.5
GDP Annual Growth Rate (%) -2.10 14 8 5 2.5 3.1
Unemployment Rate (%) 6.30 8 8 8 7.5 7.5
Inflation Rate (%) 1.06 2 1.8 1.5 1.6 2
Interest Rate (%) 3.95 4 4 4.1 4.1 4.5
Balance of Trade (USD Million) -453.14 -556 -475 -556 -556 -556
Current Account (USD Million) 83.51 -200 -290 -330 -330 -330
Current Account to GDP (%) -2.10 -3 -3 -3 -3 -3.8
Government Debt to GDP (%) 73.30 88 88 88 88 86
Government Budget (% of GDP) -1.60 -2.8 -2.8 -2.8 -2.8 -1.8
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) -2.30 0.3 0.5 0.5 0.5 0.5
GDP Annual Growth Rate (%) -2.10 14 8 5 2.5 3.1
GDP (USD Billion) 27.02 25.6 25.6 25.6 25.6 26.8
GDP Constant Prices (USD Million) 6949.40 6618 6135 6908 6275 6469
Gross Fixed Capital Formation (USD Million) 5162.80 5240 5886 4096 5421 5589
GDP per capita (USD) 3572.40 3400 3400 3400 3400 3600
GDP per capita PPP (USD) 8775.99 8490 8490 8490 8490 8780
GDP From Agriculture (USD Million) 315.02 269 444 335 366 378
GDP From Construction (USD Million) 389.56 383 278 366 331 341
GDP From Public Administration (USD Million) 622.11 459 554 459 526 542
GDP From Transport (USD Million) 293.25 290 295 297 259 267
GDP From Utilities (USD Million) 140.42 187 179 176 174 179

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 6.30 8 8 8 7.5 7.5
Population (Million) 6.45 6.48 6.48 6.51 6.51 6.54

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 1.06 2 1.8 1.5 1.6 2
Consumer Price Index CPI (points) 113.19 114 115 120 114 116
Producer Prices (points) 117.14 120 116 122 122 122
Inflation Rate Mom (%) 0.27 0.1 0.1 0.2 0.2 0.2
Food Inflation (%) 0.10 1.9 1.9 1.9 1.9 2.1
Core Inflation Rate (%) 0.77 0.6 0.4 0.3 0.3 0.3
Cpi Housing Utilities (points) 134.25 134 134 148 134 137
CPI Transportation (points) 105.76 108 105 116 105 107
Producer Prices Change (%) 0.70 0.6 0.6 1 1 1

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 3.95 4 4 4.1 4.1 4.5

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) -453.14 -556 -475 -556 -556 -556
Current Account (USD Million) 83.51 -200 -290 -330 -330 -330
Current Account to GDP (%) -2.10 -3 -3 -3 -3 -3.8
Imports (USD Million) 982.52 900 900 915 915 915
Exports (USD Million) 529.37 425 425 432 432 432
Capital Flows (USD Million) -1028.96 -100 -50 20 20 20
Foreign Direct Investment (USD Million) 283.36 290 290 350 350 350

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 73.30 88 88 88 88 86
Government Budget (% of GDP) -1.60 -2.8 -2.8 -2.8 -2.8 -1.8
Government Budget Value (USD Million) -2269.50 -68.11 -68.11 -0.63 -0.63 -0.63
Government Spending (USD Million) 4312.40 4377 4916 4180 4528 4668
Military Expenditure (USD Million) 317.00 260 260 260 280 280

Taxes Actual Q2 Q3 Q4 Q1 2022
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 10.5 10.5 10.5
Social Security Rate For Companies (%) 7.00 7.5 7 7.5 7.5 7.5
Social Security Rate For Employees (%) 3.00 3 3 3 3 3

Business Actual Q2 Q3 Q4 Q1 2022
Industrial Production (%) -0.90 10 5 2.6 2.6 3.4
Changes in Inventories (USD Million) 354.00 265 265 265 265 265
Leading Economic Index (%) -8.10 12.5 5.5 3.5 3.5 2.5

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Spending (USD Million) 22437.40 22774 25579 22348 23559 24290
Gasoline Prices (USD/Liter) 0.91 0.69 0.66 0.64 0.59 0.57


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.