Markets Actual Q3 Q4 Q1 Q2 2023
Currency 105.63 8.77 8.79 8.8 8.82 8.86

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Growth Rate (%) 1.70 0.6 0.8 0.3 0.5 0.5
GDP Annual Growth Rate (%) 2.70 5.6 3 2.5 2.3 2.4
Unemployment Rate (%) 6.90 6.5 6.5 6.5 6.5 6.7
Inflation Rate (%) 7.42 6.74 5.31 3.34 1.36 2
Interest Rate (%) 4.39 4.3 4.5 4.5 4.5 5
Balance of Trade (USD Million) -950.25 -802 -822 -754 -791 -842
Current Account (USD Million) -703.33 -367 -329 -285 -291 -319
Current Account to GDP (% of GDP) 0.50 -2.7 -2.7 -2.7 -2.7 -4
Government Debt to GDP (% of GDP) 90.17 78 78 78 78 73
Government Budget (% of GDP) -9.20 -3.5 -3.5 -3.5 -3.5 -1
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q3 Q4 Q1 Q2 2023
GDP Growth Rate (%) 1.70 0.6 0.8 0.3 0.5 0.5
GDP Annual Growth Rate (%) 2.70 5.6 3 2.5 2.3 2.4
GDP (USD Billion) 28.74 29.6 29.6 30.3 30.3 30.3
GDP Constant Prices (USD Million) 7536.20 7608 7972 7725 7710 8163
Gross Fixed Capital Formation (USD Million) 6030.06 4609 6211 6181 6169 6360
GDP per capita (USD) 4005.00 4085 4085 4179 4179 4179
GDP per capita PPP (USD) 8800.99 8680 8680 8680 8680 8800
GDP From Agriculture (USD Million) 279.36 366 374 286 286 383
GDP From Construction (USD Million) 394.75 393 413 405 404 423
GDP From Public Administration (USD Million) 535.61 629 722 549 548 739
GDP From Transport (USD Million) 328.89 325 346 337 336 355
GDP From Utilities (USD Million) 234.16 210 205 240 240 210

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 6.90 6.5 6.5 6.5 6.5 6.7
Population (Million) 6.52 6.55 6.55 6.58 6.58 6.58

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 7.42 6.74 5.31 3.34 1.36 2
Consumer Price Index CPI (points) 124.99 125 125 126 126 128
Producer Prices (points) 126.21 126 125 127 128 128
Inflation Rate Mom (%) 0.80 0.4 0.4 0.3 0.3 0.3
Food Inflation (%) 14.37 15 12 10 7.5 7
Core Inflation Rate (%) 5.13 5.1 4.8 4.4 4.3 4
CPI Housing Utilities (points) 141.82 152 149 146 144 152
CPI Transportation (points) 117.67 118 119 119 119 120
Producer Prices Change (%) 5.75 4 2.5 1.9 1.5 2

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 4.39 4.3 4.5 4.5 4.5 5

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (USD Million) -950.25 -802 -822 -754 -791 -842
Current Account (USD Million) -703.33 -367 -329 -285 -291 -319
Current Account to GDP (% of GDP) 0.50 -2.7 -2.7 -2.7 -2.7 -4
Exports (USD Million) 642.01 586 577 654 626 594
Imports (USD Million) 1592.26 1388 1399 1408 1417 1436
Capital Flows (USD Million) -515.89 20 20 20 20 20
Foreign Direct Investment (USD Million) -80.64 350 350 350 350 350

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 90.17 78 78 78 78 73
Government Budget (% of GDP) -9.20 -3.5 -3.5 -3.5 -3.5 -1
Government Budget Value (USD Million) -1416.80 -0.63 -0.63 -0.63 -0.63 -0.63
Government Spending (USD Million) 5647.17 5137 5817 5788 5777 5956
Military Expenditure (USD Million) 371.00 280 280 280 280 305

Taxes Actual Q3 Q4 Q1 Q2 2023
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 (%) 10.50 10.5 10.5 10.5 10.5 10.5
Social Security Rate For Companies (%) 7.50 7.5 7.5 7.5 7.5 7.5
Social Security Rate For Employees (%) 3.00 3 3 3 3 3

Business Actual Q3 Q4 Q1 Q2 2023
Industrial Production (%) -0.24 3.6 2 2 2 2.3
Changes in Inventories (USD Million) 347.33 265 265 265 265 265
Leading Economic Index (%) 2.70 5 3.5 3.5 3.5 3.5

Consumer Actual Q3 Q4 Q1 Q2 2023
Consumer Spending (USD Million) 23975.39 20605 24695 24575 24527 25287
Gasoline Prices (USD/Liter) 1.09 1.13 1.17 1.22 1.26 1.26


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. El Salvador Forecast - was last updated on Sunday, August 14, 2022.