El Salvador recorded a Current Account surplus of 100.15 USD Million in the third quarter of 2020. source: Central Reserve Bank of El Salvador

Current Account in El Salvador averaged -277.88 USD Million from 1990 until 2020, reaching an all time high of 100.15 USD Million in the third quarter of 2020 and a record low of -1130 USD Million in the fourth quarter of 1991. This page provides the latest reported value for - El Salvador Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. El Salvador Current Account - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Current Account in El Salvador is expected to be -280.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in El Salvador to stand at -330.00 in 12 months time. In the long-term, the El Salvador Current Account is projected to trend around -330.00 USD Million in 2022 and -400.00 USD Million in 2023, according to our econometric models.

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El Salvador Current Account

Actual Previous Highest Lowest Dates Unit Frequency
100.15 -122.58 100.15 -1130.00 1990 - 2020 USD Million Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2020-03-31 09:30 PM Q4 $-63.7M $-191.0M $ -380M
2020-07-01 02:00 PM Q1 $-37.3M $-63.7M $ -130M
2020-10-05 02:30 PM Q2 $-117.5M $-72.4M $ -50M
2021-01-04 11:00 PM Q3 $100M $-123M $ -80M
2021-03-31 09:30 PM Q4 $100M
2021-07-01 02:00 PM Q1
2021-10-05 02:30 PM Q2
2021-12-21 12:00 AM Q3

News Stream
El Salvador Posts Smallest Current Account Gap in Over 9 Years
El Salvador current account deficit narrowed to USD 37.3 million in the first quarter of 2020 from USD 197.5 million in the same period of the previous year. It was the smallest current account shortfall since the third quarter of 2010, as the goods gap decreased to USD 1361.4 million from USD 1435.6 million. Also, the primary income deficit fell to USD 255.0 million from USD 369.4 million a year earlier. On the other hand, the services surplus went down to USD 262.3 million from USD 285.7 million in Q1 2019 and the secondary income surplus dropped to USD 1316.8 million from USD 1321.8 million.
El Salvador Current Account Deficit Narrows in Q4
El Salvador current account deficit narrowed to USD 63.7 million in the fourth quarter of 2019 from USD 296.9 million in the corresponding period a year earlier. The goods account deficit narrowed modestly to USD 1605 from USD 1596, whereas the services account surplus widened to USD 423 million from USD 199 million. Meanwhile, the primary income account deficit widened to USD 363 million from USD 315 million, while the secondary income account surplus widened to USD 1481 million from USD 1415 million.

El Salvador Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).