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.

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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.