Markets Actual Q3 Q4 Q1 Q2 2022
Currency 93.21 96.06 96.48 96.91 97.33 97.33

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 3.70 3 0.5 0.3 0.3 0.5
GDP Annual Growth Rate (%) 3.30 8 9 2.7 1.5 2.8
Unemployment Rate (%) 6.90 8 8 7.5 7.5 7.5
Inflation Rate (%) 4.30 3.6 3.6 2.4 1 2
Interest Rate (%) 3.87 4 4.1 4.1 4.3 4.5
Balance of Trade (USD Million) -749.83 -475 -556 -483 -483 -483
Current Account (USD Million) -273.21 -334 -363 -382 -473 -541
Current Account to GDP (% of GDP) 0.50 -3 -3 -2.7 -2.7 -2.7
Government Debt to GDP (% of 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 Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 3.70 3 0.5 0.3 0.3 0.5
GDP Annual Growth Rate (%) 3.30 8 9 2.7 1.5 2.8
GDP (USD Billion) 24.64 25.6 25.6 25.6 25.6 26.8
GDP Constant Prices (USD Million) 6759.60 6428 7575 6942 6861 7787
Gross Fixed Capital Formation (USD Million) 4411.86 4903 4096 4531 4478 4944
GDP per capita (USD) 3279.50 3400 3400 3400 3400 3600
GDP per capita PPP (USD) 8056.54 8490 8490 8490 8490 8780
GDP From Agriculture (USD Million) 252.85 357 335 260 257 352
GDP From Construction (USD Million) 363.23 350 366 373 369 437
GDP From Public Administration (USD Million) 487.53 538 459 501 495 697
GDP From Transport (USD Million) 261.30 249 297 268 265 329
GDP From Utilities (USD Million) 159.77 165 176 164 162 157

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 6.90 8 8 7.5 7.5 7.5
Population (Million) 6.49 6.48 6.51 6.51 6.51 6.54

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 4.30 3.6 3.6 2.4 1 2
Consumer Price Index CPI (points) 116.63 116 116 117 117 119
Producer Prices (points) 119.83 119 122 120 120 120
Inflation Rate Mom (%) 0.23 0.1 0.2 0.2 0.2 0.2
Food Inflation (%) -0.07 1.9 1.9 1.9 1.9 2.1
Core Inflation Rate (%) 2.06 0.4 0.3 0.3 0.3 0.3
Cpi Housing Utilities (points) 141.58 134 137 138 138 139
CPI Transportation (points) 112.71 107 107 112 114 110
Producer Prices Change (%) 3.03 2.2 2 2 0.6 1

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 3.87 4 4.1 4.1 4.3 4.5

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Million) -749.83 -475 -556 -483 -483 -483
Current Account (USD Million) -273.21 -334 -363 -382 -473 -541
Current Account to GDP (% of GDP) 0.50 -3 -3 -2.7 -2.7 -2.7
Imports (USD Million) 1343.29 900 915 915 915 915
Exports (USD Million) 593.47 425 432 432 432 432
Capital Flows (USD Million) -178.33 -50 20 20 20 20
Foreign Direct Investment (USD Million) 135.07 290 350 350 350 350

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of 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 -0.63 -0.63 -0.63 -0.63
Government Spending (USD Million) 4755.69 4715 4180 4884 4827 5329
Military Expenditure (USD Million) 371.00 260 260 280 280 280

Taxes Actual Q3 Q4 Q1 Q2 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 (%) 10.50 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 Q3 Q4 Q1 Q2 2022
Industrial Production (%) 49.79 5 2.6 2.6 2.6 3.4
Changes in Inventories (USD Million) 130.17 265 265 265 265 265
Leading Economic Index (%) 21.50 5.5 3.5 3.5 3.5 2.5

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Spending (USD Million) 19976.34 24259 22348 20516 20276 22384
Gasoline Prices (USD/Liter) 0.99 0.94 0.89 0.85 0.81 0.77


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.