Thursday March 15 2018
El Salvador GDP Annual Growth Rate at 2.40 percent
The GDP of El Salvador expanded by 2.37 percent year-on-year in the third quarter of 2017, following a 2.25 percent expansion in the previous quarter. Faster growth was observed for: mining & manufacturing (2.3 percent vs 1.8 percent in Q2), construction (2.9 percent vs 1.7 percent), financial & insurance services (2.8 percent vs 2.5 percent), real estate (3.9 percent vs 3.7 percent), and domestic & personal services (2.7 percent vs 2.5 percent). In contrast, slower growth was observed for: agriculture (3.2 percent vs 3.4 percent), commerce, restaurants & hotels (2.9 percent vs 3.1 percent), transport & communications (1.2 percent vs 1.6 percent), and government services (0.5 percent vs 0.6 percent). On a quarterly basis, GDP expanded by 0.26 percent following a downwardly revised 0.29 percent dip in the preceding period.