Markets Actual Q2 Q3 Q4 Q1 2020
Currency 95.98 96.06 96.48 96.91 97.33 97.33
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 1.10 0.6 1.2 0.5 0.6 0.8
GDP Annual Growth Rate (%) 2.20 2.4 1.7 2.4 2.2 2
Inflation Rate (%) 0.80 1.6 2 2.1 2 2.3
Interest Rate (%) 4.24 4.25 4.3 4.4 4.5 4.5
Balance of Trade (USD Million) -516.90 -556 -556 -556 -556 -556
Current Account (USD Million) -306.21 -110 -260 -230 -230 -200
Current Account to GDP (%) -4.80 -4.5 -4.5 -4.5 -4.6 -4.6
Government Debt to GDP (%) 74.07 77 77 77 75 75
Government Budget (% of GDP) -0.10 -1.5 -1.5 -1.5 -1.2 -1.2
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 1.10 0.6 1.2 0.5 0.6 0.8
GDP Annual Growth Rate (%) 2.20 2.4 1.7 2.4 2.2 2
GDP (USD Billion) 24.81 26 26 26 27 27
GDP Constant Prices (USD Million) 6903.90 6606 6505 7070 7056 7211
Gross Fixed Capital Formation (USD Million) 4288.00 3926 3913 4391 4382 4479
GDP per capita (USD) 3463.54 3650 3650 3650 3700 3700
GDP per capita PPP (USD) 7292.46 7400 7400 7400 7600 7600
GDP From Agriculture (USD Million) 314.17 384 338 322 321 328
GDP From Construction (USD Million) 369.10 354 330 378 377 386
GDP From Public Administration (USD Million) 573.40 485 491 587 586 599
GDP From Transport (USD Million) 326.30 346 320 334 333 341
GDP From Utilities (USD Million) 189.70 202 203 194 194 198
Labour Actual Q2 Q3 Q4 Q1 2020
Population (Million) 6.38 6.44 6.44 6.42 6.46 6.46
Wages High Skilled (SVC/Month) 831.00 820 820 790 790 830
Wages Low Skilled (SVC/Month) 291.00 296 297 345 345 370
Living Wage Family (SVC/Month) 515.00 504 495 486 486 515
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 0.80 1.6 2 2.1 2 2.3
Consumer Price Index CPI (Index Points) 113.01 114 115 115 115 117
Producer Prices (Index Points) 116.14 117 117 118 118 120
Producer Prices Change (%) 1.68 1.6 1.6 1.8 1.8 1.7
Inflation Rate Mom (%) 0.10 0.2 0.2 0.2 0.2 0.1
Food Inflation (%) 2.30 1.4 1.7 1.5 1.5 2
Cpi Housing Utilities (Index Points) 135.75 138 140 141 140 144
CPI Transportation (Index Points) 111.41 114 114 111 111 113
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 4.24 4.25 4.3 4.4 4.5 4.5
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) -516.90 -556 -556 -556 -556 -556
Current Account (USD Million) -306.21 -110 -260 -230 -230 -200
Current Account to GDP (%) -4.80 -4.5 -4.5 -4.5 -4.6 -4.6
Foreign Direct Investment (USD Million) 72.90 150 45 120 120 100
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 74.07 77 77 77 75 75
Government Budget (% of GDP) -0.10 -1.5 -1.5 -1.5 -1.2 -1.2
Government Spending (USD Million) 4203.30 4104 4090 4304 4296 4390
Taxes Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2020
Industrial Production (%) 1.38 -0.9 1.6 2.2 2.2 2.4
Changes in Inventories (USD Million) 344.85 -80 -80 -80 265 265
Leading Economic Index (%) 2.30 1.4 1.7 2.2 2.2 2.3
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Spending (USD Million) 21664.20 21092 21019 22184 22141 22628
Gasoline Prices (USD/Liter) 0.89 0.73 0.71 0.69 0.67 0.67


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.