Markets Actual Q1 Q2 Q3 Q4 2020
Currency 96.37 96.06 96.48 96.91 97.33 97.33
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.00 0.4 0.6 1.2 0.5 0.8
GDP Annual Growth Rate (%) 2.20 1.9 2.4 1.7 2.6 2
Inflation Rate (%) 0.43 1.4 1.6 2 2.1 2.3
Interest Rate (%) 4.25 4.25 4.25 4.5 4.5 4.5
Balance of Trade (USD Million) -536.60 -557 -556 -556 -556 -556
Current Account (USD Million) -397.24 50 -110 -260 -230 -200
Current Account to GDP (%) -2.10 -3.25 -3.55 -3.55 -3.66 -3.02
Government Debt to GDP (%) 74.07 77 77 77 77 75
Government Budget (% of GDP) -0.10 -1.5 -1.5 -1.5 -1.5 -1.2
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.00 0.4 0.6 1.2 0.5 0.8
GDP Annual Growth Rate (%) 2.20 1.9 2.4 1.7 2.6 2
GDP (USD Billion) 24.81 26 26 26 26 27
GDP Constant Prices (USD Million) 6484.50 6306 6668 6540 6653 6786
Gross Fixed Capital Formation (USD Million) 3844.65 3881 3891 3877 3945 4024
GDP per capita (USD) 3463.54 3650 3650 3650 3650 3700
GDP per capita PPP (USD) 7292.46 7400 7400 7400 7400 7600
GDP From Agriculture (USD Million) 391.60 269 482 395 402 410
GDP From Construction (USD Million) 350.60 332 359 357 360 367
GDP From Public Administration (USD Million) 431.20 390 451 439 442 451
GDP From Transport (USD Million) 279.00 255 307 281 286 292
GDP From Utilities (USD Million) 164.80 139 160 166 169 172
Labour Actual Q1 Q2 Q3 Q4 2020
Population (Million) 6.38 6.44 6.44 6.44 6.44 6.47
Wages High Skilled (SVC/Month) 831.00 790 820 820 790 830
Wages Low Skilled (SVC/Month) 291.00 345 296 297 345 370
Living Wage Family (SVC/Month) 515.00 515 504 495 486 515
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 0.43 1.4 1.6 2 2.1 2.3
Consumer Price Index CPI (Index Points) 112.30 113 114 115 115 118
Producer Prices (Index Points) 116.02 117 117 117 118 120
Producer Prices Change (%) 1.76 1.7 1.6 1.6 1.8 1.7
Inflation Rate Mom (%) -0.50 0.1 0.2 0.2 0.2 0.1
Food Inflation (%) 0.37 1.2 1.4 1.7 1.5 2
Cpi Housing Utilities (Index Points) 138.12 136 138 140 142 146
CPI Transportation (Index Points) 108.27 111 114 114 113 116
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 4.25 4.25 4.25 4.5 4.5 4.5
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -536.60 -557 -556 -556 -556 -556
Current Account (USD Million) -397.24 50 -110 -260 -230 -200
Current Account to GDP (%) -2.10 -3.25 -3.55 -3.55 -3.66 -3.02
Capital Flows (USD Million) -87.80 -100 -70 -165 -170 -190
Foreign Direct Investment (USD Million) -0.60 100 150 45 120 100
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 74.07 77 77 77 77 75
Government Budget (% of GDP) -0.10 -1.5 -1.5 -1.5 -1.5 -1.2
Government Budget Value (USD Million) -16.60 -46.96 -62.63 -78.3 -93.97 -68.11
Government Spending (USD Million) 3923.80 3998 4018 3991 4026 4106
Taxes Actual Q1 Q2 Q3 Q4 2020
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate 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 Q1 Q2 Q3 Q4 2020
Industrial Production (%) 1.53 2 -0.9 1.6 2.2 2.4
Changes in Inventories (USD Million) 344.85 -80 -80 -80 -80 265
Leading Economic Index (%) 2.30 1.6 1.4 1.7 2.2 2.3
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Spending (USD Million) 20976.59 21176 21228 21155 21522 21952
Gasoline Prices (USD/Liter) 0.74 0.77 0.75 0.74 0.72 0.72


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.