Markets Actual Q2 Q3 Q4 Q1 2022
Currency 90.72 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 4 2.7 2.8
Unemployment Rate (%) 6.30 8 8 8 7.5 7.5
Inflation Rate (%) 2.79 2 1.8 1.5 1.6 2
Interest Rate (%) 3.87 4 4 4.1 4.1 4.5
Balance of Trade (USD Million) -741.71 -556 -475 -556 -556 -556
Current Account (USD Million) 83.51 -200 -290 -330 -330 -330
Current Account to GDP (%) 0.50 -3 -3 -3 -2.7 -2.7
Government Debt to GDP (%) 90.17 88 88 88 88 86
Government Budget (% of GDP) -9.20 -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 4 2.7 2.8
GDP (USD Billion) 27.02 25.6 25.6 25.6 25.6 26.8
GDP Constant Prices (USD Million) 6949.40 6048 6428 7227 7137 7430
Gross Fixed Capital Formation (USD Million) 4411.86 5886 5576 5369 5302 5520
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) 315.02 424 357 328 324 337
GDP From Construction (USD Million) 389.56 286 350 405 400 416
GDP From Public Administration (USD Million) 622.11 555 538 647 639 665
GDP From Transport (USD Million) 293.25 268 249 305 301 314
GDP From Utilities (USD Million) 140.42 158 165 146 144 150

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 6.30 8 8 8 7.5 7.5
Population (Million) 6.49 6.48 6.48 6.51 6.51 6.54

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 2.79 2 1.8 1.5 1.6 2
Consumer Price Index CPI (points) 114.81 115 114 114 116 116
Producer Prices (points) 117.58 120 116 122 122 122
Cpi Housing Utilities (points) 135.03 134 131 134 137 137
CPI Transportation (points) 109.23 105 105 105 111 107
Core Inflation Rate (%) 0.77 0.6 0.4 0.3 0.3 0.3
Inflation Rate Mom (%) 0.78 0.1 0.1 0.2 0.2 0.2
Food Inflation (%) 1.10 1.9 1.9 1.9 1.9 2.1
Producer Prices Change (%) 0.80 0.6 0.6 1 1 1

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 3.87 4 4 4.1 4.1 4.5

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) -741.71 -556 -475 -556 -556 -556
Current Account (USD Million) 83.51 -200 -290 -330 -330 -330
Current Account to GDP (%) 0.50 -3 -3 -3 -2.7 -2.7
Imports (USD Million) 1315.89 900 900 915 915 915
Exports (USD Million) 574.18 425 425 432 432 432
Capital Flows (USD Million) -123.83 -100 -50 20 20 20
Foreign Direct Investment (USD Million) -84.25 290 290 350 350 350

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 90.17 88 88 88 88 86
Government Budget (% of GDP) -9.20 -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) 4755.69 4916 4657 4485 4429 4610
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 (%) 4.80 10 5 2.6 2.6 3.4
Changes in Inventories (USD Million) 130.17 265 265 265 265 265
Leading Economic Index (%) -0.90 12.5 5.5 3.5 3.5 2.5

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Spending (USD Million) 19976.34 25579 24232 23335 23043 23988
Gasoline Prices (USD/Liter) 0.90 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.