Markets Actual Q3 Q4 Q1 Q2 2022
Currency 92.28 96.06 96.48 96.91 97.33 97.33

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 3.70 3 0.5 0.3 0.3 0.5
GDP Annual Growth Rate (%) 3.30 8 4 2.7 1.5 2.8
Unemployment Rate (%) 6.90 8 8 7.5 7.5 7.5
Inflation Rate (%) 2.59 3.6 3.6 2.4 1 2
Interest Rate (%) 3.82 4 4.1 4.1 4.3 4.5
Balance of Trade (USD Million) -716.59 -475 -483 -483 -483 -483
Current Account (USD Million) -273.21 -334 -363 -382 -473 -541
Current Account to GDP (% of GDP) 0.50 -3 -3 -2.7 -2.7 -2.7
Government Debt to GDP (% of GDP) 90.17 88 88 88 88 86
Government Budget (% of GDP) -9.20 -2.8 -2.8 -2.8 -2.8 -1.8
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 3.70 3 0.5 0.3 0.3 0.5
GDP Annual Growth Rate (%) 3.30 8 4 2.7 1.5 2.8
GDP (USD Billion) 24.64 25.6 25.6 25.6 25.6 26.8
GDP Constant Prices (USD Million) 6759.60 5889 6908 7227 7137 7430
Gross Fixed Capital Formation (USD Million) 4411.86 5039 4096 4588 4531 4717
GDP per capita (USD) 3279.50 3400 3400 3400 3400 3600
GDP per capita PPP (USD) 8056.54 8490 8490 8490 8490 8780
GDP From Agriculture (USD Million) 252.85 413 335 328 324 337
GDP From Construction (USD Million) 363.23 278 366 405 400 416
GDP From Public Administration (USD Million) 487.53 541 459 647 639 665
GDP From Transport (USD Million) 261.30 261 297 305 301 314
GDP From Utilities (USD Million) 159.77 154 176 146 144 150

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 6.90 8 8 7.5 7.5 7.5
Population (Million) 6.49 6.48 6.51 6.51 6.51 6.54

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 2.59 3.6 3.6 2.4 1 2
Consumer Price Index CPI (points) 115.51 115 120 116 117 119
Producer Prices (points) 119.35 119 119 120 120 120
Inflation Rate Mom (%) 0.58 0.1 0.2 0.2 0.2 0.2
Food Inflation (%) -1.02 1.9 1.9 1.9 1.9 2.1
Core Inflation Rate (%) 1.47 0.4 0.3 0.3 0.3 0.3
Cpi Housing Utilities (points) 136.96 135 148 137 138 139
CPI Transportation (points) 112.93 107 107 112 114 110
Producer Prices Change (%) 2.80 2.2 2 2 0.6 1

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 3.82 4 4.1 4.1 4.3 4.5

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Million) -716.59 -475 -483 -483 -483 -483
Current Account (USD Million) -273.21 -334 -363 -382 -473 -541
Current Account to GDP (% of GDP) 0.50 -3 -3 -2.7 -2.7 -2.7
Imports (USD Million) 1271.59 900 915 915 915 915
Exports (USD Million) 555.01 425 432 432 432 432
Capital Flows (USD Million) -178.33 -50 20 20 20 20
Foreign Direct Investment (USD Million) 135.07 290 350 350 350 350

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 90.17 88 88 88 88 86
Government Budget (% of GDP) -9.20 -2.8 -2.8 -2.8 -2.8 -1.8
Government Budget Value (USD Million) -2269.50 -68.11 -0.63 -0.63 -0.63 -0.63
Government Spending (USD Million) 4755.69 4846 4180 4946 4884 5084
Military Expenditure (USD Million) 371.00 260 260 280 280 280

Taxes Actual Q3 Q4 Q1 Q2 2022
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 13.00 13 13 13 13 13
Social Security Rate (%) 10.50 10.5 10.5 10.5 10.5 10.5
Social Security Rate For Companies (%) 7.50 7.5 7.5 7.5 7.5 7.5
Social Security Rate For Employees (%) 3.00 3 3 3 3 3

Business Actual Q3 Q4 Q1 Q2 2022
Industrial Production (%) 49.79 5 2.6 2.6 2.6 3.4
Changes in Inventories (USD Million) 130.17 265 265 265 265 265
Leading Economic Index (%) 30.09 5.5 3.5 3.5 3.5 2.5

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Spending (USD Million) 19976.34 24933 22348 20775 20516 21357
Gasoline Prices (USD/Liter) 0.98 0.93 0.88 0.84 0.8 0.76


This page has economic forecasts for El Salvador including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the El Salvador economy.