El Salvador current account deficit widened to USD 224.7 million in the first quarter of 2019 from USD 175.5 million in the corresponding month a year earlier. The goods shortfall increased to USD 1117.3 million from USD 1014.7 million and the primary income gap went up to USD 431.7 million from USD 373.8 million. On the other hand, the services surplus rose to USD 318.3 million from USD 211 million and the secondary income surplus advanced to USD 1324.4 million from USD 1213 million a year ago. Current Account in El Salvador averaged -288.54 USD Million from 1990 until 2019, reaching an all time high of 79.07 USD Million in the first quarter of 2017 and a record low of -1130 USD Million in the fourth quarter of 1991.

Current Account in El Salvador is expected to be -410.00 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 -250.00 in 12 months time. In the long-term, the El Salvador Current Account is projected to trend around -400.00 USD Million in 2020, according to our econometric models.

El Salvador Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-28 10:30 PM Current Account Q2 $-250.9M $-156.4M $ -150M
2018-12-21 08:00 PM Current Account Q3 $-397.2M $-250.9M $ -170M
2019-03-29 02:50 PM Current Account Q4 $-306.2M $-512.1M $ -320M
2019-06-28 10:45 PM Current Account Q1 $-224.7M $-306.2M $ 50M
2019-09-27 10:30 PM Current Account Q2 $-224.7M $ -310M
2019-12-20 12:00 AM Current Account Q3 $ -260M


El Salvador Trade Last Previous Highest Lowest Unit
Balance of Trade -517.69 -421.20 -14.60 -594.20 USD Million [+]
Current Account -224.65 -306.21 79.07 -1130.00 USD Million [+]
Current Account to GDP -4.80 -1.90 -0.20 -8.50 percent [+]
Exports 557.44 543.00 560.10 47.70 USD Million [+]
Imports 1075.12 964.20 1123.58 91.00 USD Million [+]
Capital Flows 365.85 41.49 1316.11 -510.95 USD Million [+]
Remittances 485.13 462.57 534.25 53.10 USD Million [+]
Gold Reserves 1.37 1.37 14.59 1.37 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Foreign Direct Investment 177.30 288.54 714.80 -275.54 USD Million [+]
External Debt 16808.90 16661.25 16808.90 7621.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-224.65 -306.21 79.07 -1130.00 1990 - 2019 USD Million Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia 5853.00 Jun/19
Brazil -9034.90 Jul/19
Canada -6380.00 Jun/19
China 570.00 Jun/19
Euro Area 29.84 Jul/19
France 173.00 Jul/19
Germany 22100.00 Jul/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 1999.92 Jul/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 6949.40 Jul/19
Spain 2050.00 Jun/19
Switzerland 21272.85 Jun/19
Turkey 1158.00 Jul/19
United Kingdom -30045.00 Mar/19
United States -128188.00 Jun/19


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