The Gross Domestic Product (GDP) in El Salvador contracted 0.10 percent in the second quarter of 2018 over the previous quarter. GDP Growth Rate in El Salvador averaged 0.76 percent from 1990 until 2018, reaching an all time high of 3.10 percent in the second quarter of 2005 and a record low of -3.40 percent in the first quarter of 2007.

GDP Growth Rate in El Salvador is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in El Salvador to stand at 1.20 in 12 months time. In the long-term, the El Salvador GDP Growth Rate is projected to trend around 0.80 percent in 2020, according to our econometric models.

El Salvador GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-22 10:00 PM GDP Growth Rate QoQ 0.26% -0.39% 0.2%
2018-03-26 01:45 PM GDP Growth Rate QoQ 0.30% 1.50% 1.10%
2018-06-29 11:00 PM GDP Growth Rate QoQ 1.11% 0.23% 0.70%
2018-09-28 11:00 PM GDP Growth Rate QoQ -0.13% 0.93% 0.70%
2018-12-21 10:00 PM GDP Growth Rate QoQ -0.13% 0.3%
2019-03-26 01:45 PM GDP Growth Rate QoQ 0.70%
2019-06-28 11:00 PM GDP Growth Rate QoQ 0.40%


El Salvador GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.10 0.90 3.10 -3.40 percent [+]
GDP Annual Growth Rate 2.90 2.70 8.10 -2.60 percent [+]
GDP 24.81 23.91 24.81 0.63 USD Billion [+]
GDP Constant Prices 6587.80 6251.80 6587.80 1069.80 USD Million [+]
Gross Fixed Capital Formation 3844.65 3684.29 3855.94 2394.72 USD Million [+]
GDP per capita 3463.54 3402.60 3463.54 1678.90 USD [+]
GDP per capita PPP 7292.46 7164.14 7292.46 4544.59 USD [+]
GDP From Agriculture 477.70 267.00 477.70 168.90 USD Million [+]
GDP From Construction 350.60 325.50 350.60 36.40 USD Million [+]
GDP From Manufacturing 1030.80 1079.70 1079.70 586.70 USD Million [+]
GDP From Mining 20.50 23.80 23.80 6.20 USD Million [+]
GDP From Public Administration 440.20 383.20 489.90 86.30 USD Million [+]
GDP From Services 861.00 798.00 861.00 395.00 USD Million [+]
GDP From Transport 303.70 258.70 377.00 84.10 USD Million [+]
GDP From Utilities 153.10 128.40 222.50 8.90 USD Million [+]


El Salvador GDP Growth Rate

The most important sector of El Salvador economy is services which accounts for 66 percent of total GDP, including internal trade (14 percent); real estate activities (8 percent); public administration (8 percent); finance and insurance (7 percent) and education (5 percent). Industry constitutes 27 percent of total wealth, with the largest shares for manufacturing (18 percent), construction (6 percent) and utilities (3 percent). Also, agriculture, livestock, forestry and fishing sector accounts for 6 percent of GDP. On the expenditure side, household consumption is the main component of GDP (85 percent), followed by gross fixed capital formation and government spending (16 percent each). Exports of goods and services represent 28 percent of GDP while imports account for 45 percent, subtracting 17 percent of total GDP. This page provides the latest reported value for - El Salvador GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. El Salvador GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 0.90 3.10 -3.40 1990 - 2018 percent Quarterly
SA




Country Last Previous
United States 3.50 Sep/18
Indonesia 3.09 Sep/18
Singapore 3.00 Sep/18
South Africa 2.20 Sep/18
India 1.90 Jun/18
China 1.60 Sep/18
Russia 0.90 Jun/18
Brazil 0.80 Sep/18
Mexico 0.80 Sep/18
South Korea 0.60 Sep/18
Spain 0.60 Sep/18
United Kingdom 0.60 Sep/18
Canada 0.50 Sep/18
France 0.40 Sep/18
Australia 0.30 Sep/18
Euro Area 0.20 Sep/18
Netherlands 0.20 Sep/18
Saudi Arabia -0.05 Mar/18
Italy -0.10 Sep/18
Germany -0.20 Sep/18
Switzerland -0.20 Sep/18
Japan -0.60 Sep/18
Turkey -1.10 Sep/18
Argentina -4.00 Jun/18


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