Markets Actual Q2 Q3 Q4 Q1 2021
Currency 98.98 96.06 96.48 96.91 97.33 98.17

Overview Actual Q2 Q3 Q4 Q1 2021
GDP Growth Rate (%) 0.60 -3.6 -2.5 0.2 0.8 0.5
GDP Annual Growth Rate (%) 2.80 -2.6 -2.3 -2.1 0.8 3
Unemployment Rate (%) 6.40 7.4 7.4 7.4 7.1 7.1
Inflation Rate (%) -1.05 -1 -0.5 -0.3 0.1 0.9
Interest Rate (%) 4.23 4 4 4 4 4.4
Balance of Trade (USD Million) -431.06 -450 -535 -556 -475 -556
Current Account (USD Million) -63.65 -250 -310 -390 -390 -400
Current Account to GDP (%) -2.10 -2.6 -2.6 -2.6 -3 -3
Government Debt to GDP (%) 72.82 78 78 78 76 73
Government Budget (% of GDP) -1.60 -3.8 -3.8 -3.8 -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 Q2 Q3 Q4 Q1 2021
GDP Growth Rate (%) 0.60 -3.6 -2.5 0.2 0.8 0.5
GDP Annual Growth Rate (%) 2.80 -2.6 -2.3 -2.1 0.8 3
GDP (USD Billion) 26.00 25.61 27 27 28 28
GDP Constant Prices (USD Million) 7089.70 6679 6634 6941 7146 7149
Gross Fixed Capital Formation (USD Million) 5162.80 5231 5239 5054 5204 5206
GDP per capita (USD) 3511.36 3437 3700 3700 3900 3900
GDP per capita PPP (USD) 7392.90 7235 7600 7600 7235 7365
GDP From Agriculture (USD Million) 348.01 393 360 341 351 351
GDP From Construction (USD Million) 419.41 388 388 411 423 423
GDP From Public Administration (USD Million) 566.85 482 485 555 571 572
GDP From Transport (USD Million) 330.63 344 315 324 333 333
GDP From Utilities (USD Million) 177.47 211 214 174 179 179

Labour Actual Q2 Q3 Q4 Q1 2021
Unemployment Rate (%) 6.40 7.4 7.4 7.4 7.1 7.1
Population (Million) 6.45 6.46 6.44 6.48 6.48 6.51
Living Wage Family (SVC/Month) 515.00 504 495 515 515 530
Wages High Skilled (SVC/Month) 831.00 790 790 830 830 850

Prices Actual Q2 Q3 Q4 Q1 2021
Inflation Rate (%) -1.05 -1 -0.5 -0.3 0.1 0.9
Consumer Price Index CPI (points) 111.69 112 111 112 112 113
Producer Prices (points) 115.61 116 116 116 116 117
Inflation Rate Mom (%) -0.35 0.2 0.3 0.1 0.2 0.2
Food Inflation (%) 2.08 1.6 1.7 1.8 1.8 1.9
Core Inflation Rate (%) -0.05 0.03 0.1 0.1 0.2 0.3
Cpi Housing Utilities (points) 131.02 134 134 135 132 136
CPI Transportation (points) 100.48 109 108 108 107 109
Producer Prices Change (%) -0.90 -0.6 -0.3 0.1 0.3 1

Money Actual Q2 Q3 Q4 Q1 2021
Interest Rate (%) 4.23 4 4 4 4 4.4

Trade Actual Q2 Q3 Q4 Q1 2021
Balance of Trade (USD Million) -431.06 -450 -535 -556 -475 -556
Current Account (USD Million) -63.65 -250 -310 -390 -390 -400
Current Account to GDP (%) -2.10 -2.6 -2.6 -2.6 -3 -3
Imports (USD Million) 659.35 980 1000 900 900 915
Exports (USD Million) 228.29 530 465 425 425 432
Capital Flows (USD Million) -287.22 80 120 30 30 80
Foreign Direct Investment (USD Million) 283.26 100 50 290 290 350

Government Actual Q2 Q3 Q4 Q1 2021
Government Debt to GDP (%) 72.82 78 78 78 76 73
Government Budget (% of GDP) -1.60 -3.8 -3.8 -3.8 -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 4105 4111 4222 4347 4348
Military Expenditure (USD Million) 263.00 260 260 260 260 260

Taxes Actual Q2 Q3 Q4 Q1 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 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 2021
Industrial Production (%) 0.00 -2.2 -1.9 -0.7 0.5 2.6
Changes in Inventories (USD Million) 354.00 265 265 265 265 265
Leading Economic Index (%) 2.80 -1.8 -1.3 -0.9 0.3 2.3

Consumer Actual Q2 Q3 Q4 Q1 2021
Consumer Spending (USD Million) 22437.40 21498 21531 21966 22617 22625
Gasoline Prices (USD/Liter) 0.54 0.64 0.61 0.57 0.55 0.52


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.