El Salvador current account deficit narrowed to USD 193.7 million in the third quarter of 2019 from USD 512.1 million in the corresponding period a year earlier. The goods account deficit narrowed to USD 1533 from USD 1608, while the services account surplus widened to USD 240 million from USD 179 million. Meanwhile, the primary income account deficit shortened to USD 312 million from USD 411 million, whereas the secondary income account surplus widened to USD 1411 million from USD 1328 million.
Current Account in El Salvador averaged -285.75 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. 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.
Current Account in El Salvador is expected to be -200.00 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 -390.00 in 12 months time. In the long-term, the El Salvador Current Account is projected to trend around -400.00 USD Million in 2021, according to our econometric models.