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Indicators of economy in El Salvador

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12.259 USD per capita. GDP in El Salvador, on the other hand, reached USD 4.409 per capita, or 28.74 billion USD in the whole country. El Salvador is therefore currently ranked 102 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then El Salvador is in the list of the world's richest countries in place 114.

Inflation in El Salvador was in 2021 at around 3.47%. Within the EU, the average in the same year was 2.55%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 51.4% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: El Salvador

Impact of the Covid-19 pandemic

The consequences of the Covid pandemic were not insignificant in El Salvador 2020. Overall, gross domestic product in 2020 fell from 26.90 billion US Dollar auf 24.64 billion US Dollar. With a drop of 8.4 percent, the economy in El Salvador suffered more significant losses than other countries.. The tourism sector alone slumped by around 55 percent. The unemployment rate rose from 4.2 to 6.2 percent. The inflation rate has fallen from 0.1 percent previously to -0.4 percent by the end of 2020.

Unemployment rates in percent 1991 - 2021

Economic performance 2021

 El Salvador
Total
El Salvador
per capita
EU
Total
EU
per capita
GDP28.74 bn USD4,408.52 USD17.09 tn USD33,228.68 USD
Gross national product26.99 bn USD4,140.49 USD16.78 tn USD32,621.03 USD


Development of the Gross domestic product in billion US Dollar 1970 - 2021



Im- and Exports 2021

 El Salvador
Total
El Salvador
per capita
EU
Total
EU
per capita
Imports15.75 bn USD2,416.81 USD8,916.24 bn USD17,337.55 USD
Exports8.49 bn USD1,302.59 USD9,554.34 bn USD18,578.33 USD


Development of imports and exports in billions of USD 1976 - 2021

Exports
Imports



El Salvador: AirportsThe 1 airports in El SalvadorMonseñor Óscar Arnulfo Romero International Airport - the only public airport in El Salvador with further information on airlines and destinations
Countries with US DollarCountries that use the US DollarUsage and exchange rates of the US Dollar. Convert the USD into any other currency.
Infected and deaths by the corona virus (COVID 19)Spread of the Corona virus Covid19 (SARS-CoV-2)Worldwide development of the number of cases and deaths due to the corona virus.