The economy of El Salvador expanded 1.7 percent quarter-over-quarter in the first three months of 2022, rebounding firmly from an upwardly revised 0.2 percent contraction in the last quarter of 2021. It was the strongest pace of expansion since the first quarter of last year. source: Central Reserve Bank of El Salvador
GDP Growth Rate in El Salvador averaged 0.75 percent from 1990 until 2022, 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 August 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.