El Salvador recorded a Current Account surplus of 0.50 percent of the country's Gross Domestic Product in 2020. source: Consejo Monetario Centroamericanono

Current Account to GDP in El Salvador averaged -3.40 percent from 1990 until 2020, reaching an all time high of 0.50 percent in 2020 and a record low of -8.50 percent in 2008. This page provides - El Salvador Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. El Salvador Current Account to GDP - values, historical data and charts - was last updated on August of 2021.

Current Account to GDP in El Salvador is expected to reach -3.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Current Account to GDP is projected to trend around -2.70 percent in 2022 and -4.00 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
El Salvador Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
0.50 -0.60 0.50 -8.50 1990 - 2020 percent of GDP Yearly

El Salvador Trade Last Previous Highest Lowest Unit
Balance of Trade -716.59 -614.65 -14.62 -741.71 USD Million [+]
Current Account -273.21 83.51 106.40 -1130.00 USD Million [+]
Current Account to GDP 0.50 -0.60 0.50 -8.50 percent of GDP [+]
Imports 1271.59 1167.42 1315.89 90.99 USD Million [+]
Exports 555.01 552.76 574.18 47.70 USD Million [+]
Capital Flows -178.33 -123.83 924.80 -702.64 USD Million [+]
Remittances 623.18 684.94 684.94 53.10 USD Million [+]
Gold Reserves 1.37 1.37 14.59 1.37 Tonnes [+]
Foreign Direct Investment 135.07 -84.25 714.80 -275.54 USD Million [+]
External Debt 17994.58 18349.40 18461.66 7620.97 USD Million [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]


El Salvador Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.