Markets Actual Q3 Q4 Q1 Q2 2021
Currency 93.11 96.06 96.48 96.91 97.33 97.33

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) -0.80 8 1.1 0.8 0.3 0.5
GDP Annual Growth Rate (%) 1.00 -9 -6 0.8 1.1 2.5
Unemployment Rate (%) 6.30 7.4 7.4 7.1 7.1 7.1
Inflation Rate (%) -0.20 -0.5 -0.3 0.1 0.3 0.9
Interest Rate (%) 4.22 4 4 4 4 4.4
Balance of Trade (USD Million) -493.61 -535 -556 -475 -475 -556
Current Account (USD Million) -37.33 -80 -150 -280 -200 -330
Current Account to GDP (%) -2.10 -2.6 -2.6 -3 -3 -3
Government Debt to GDP (%) 72.82 78 78 76 76 73
Government Budget (% of GDP) -1.60 -3.8 -3.8 -2.8 -2.8 -2.8
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 2021
GDP Growth Rate (%) -0.80 8 1.1 0.8 0.3 0.5
GDP Annual Growth Rate (%) 1.00 -9 -6 0.8 1.1 2.5
GDP (USD Billion) 27.02 24.7 24.7 25.6 25.6 25.6
GDP Constant Prices (USD Million) 6519.20 6409 6664 7146 7168 6831
Gross Fixed Capital Formation (USD Million) 5162.80 5061 4853 5204 5220 4974
GDP per capita (USD) 3572.40 3350 3350 3400 3400 3400
GDP per capita PPP (USD) 8775.99 8250 8250 8490 8490 8490
GDP From Agriculture (USD Million) 261.37 347 327 351 352 335
GDP From Construction (USD Million) 376.70 375 394 423 424 404
GDP From Public Administration (USD Million) 452.83 468 533 571 573 546
GDP From Transport (USD Million) 286.30 305 311 333 334 319
GDP From Utilities (USD Million) 182.14 207 167 179 179 171

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 6.30 7.4 7.4 7.1 7.1 7.1
Population (Million) 6.45 6.46 6.48 6.48 6.48 6.51

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) -0.20 -0.5 -0.3 0.1 0.3 0.9
Consumer Price Index CPI (points) 112.59 111 112 112 113 113
Producer Prices (points) 115.61 116 116 116 116 117
Inflation Rate Mom (%) 0.58 0.3 0.1 0.2 0.1 0.2
Food Inflation (%) 2.90 1.8 1.6 1.8 1.9 1.9
Core Inflation Rate (%) 0.17 0.1 0.1 0.2 0.3 0.3
Cpi Housing Utilities (points) 131.83 134 135 132 132 136
CPI Transportation (points) 102.77 108 108 107 103 109
Producer Prices Change (%) -0.90 -0.3 0.1 0.3 0.6 1

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 4.22 4 4 4 4 4.4

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -493.61 -535 -556 -475 -475 -556
Current Account (USD Million) -37.33 -80 -150 -280 -200 -330
Current Account to GDP (%) -2.10 -2.6 -2.6 -3 -3 -3
Imports (USD Million) 787.41 1000 900 900 900 915
Exports (USD Million) 293.80 465 425 425 425 432
Capital Flows (USD Million) -345.32 120 30 30 30 80
Foreign Direct Investment (USD Million) 48.10 50 290 290 290 350

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 72.82 78 78 76 76 73
Government Budget (% of GDP) -1.60 -3.8 -3.8 -2.8 -2.8 -2.8
Government Budget Value (USD Million) -436.00 -68.11 -68.11 -68.11 -68.11 -0.63
Government Spending (USD Million) 4312.40 3972 4054 4347 4360 4155
Military Expenditure (USD Million) 263.00 260 260 260 260 260

Taxes Actual Q3 Q4 Q1 Q2 2021
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 (%) 10.00 10 10 10 10 10
Social Security Rate For Companies (%) 7.00 7 7 7 7 7
Social Security Rate For Employees (%) 3.00 3 3 3 3 3

Business Actual Q3 Q4 Q1 Q2 2021
Industrial Production (%) -24.90 -1.9 -0.7 0.5 1.5 2.6
Changes in Inventories (USD Million) 354.00 265 265 265 265 265
Leading Economic Index (%) -18.00 -1.3 -0.9 0.3 0.7 2.3

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Spending (USD Million) 22437.40 20801 21091 22617 22684 21618
Gasoline Prices (USD/Liter) 0.68 0.6 0.57 0.54 0.51 0.49


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.