The Gross Domestic Product (GDP) in El Salvador contracted 0.06 percent in the fourth quarter of 2021 over the previous quarter. It was the weakest growth in GDP rate since June of 2020. source: Central Reserve Bank of El Salvador
GDP Growth Rate in El Salvador averaged 0.74 percent from 1990 until 2021, reaching an all time high of 14.52 percent in the third quarter of 2020 and a record low of -19.30 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
GDP Growth Rate in El Salvador is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador GDP Growth Rate is projected to trend around 0.50 percent in 2023, according to our econometric models.