Labor force | 2.89 million (2024 est.) |
---|---|
Industrial production growth rate | 0.4% (2024 est.) |
Industries | food processing, beverages, petroleum, chemicals, fertilizer, textiles, furniture, light metals |
Population below poverty line | 26.6% (2022 est.) |
Taxes and other revenues | 20.7% (of GDP) (2023 est.) |
Fiscal year | |
Exchange rates | |
Debt - external | |
Debt - external 2023 | $12.668 billion (2023 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2024 | $3.705 billion (2024 est.) |
Reserves of foreign exchange and gold 2023 | $3.079 billion (2023 est.) |
Reserves of foreign exchange and gold 2022 | $2.695 billion (2022 est.) |
Current account balance | |
Current account balance 2024 | -$632.549 million (2024 est.) |
Current account balance 2023 | -$367.831 million (2023 est.) |
Current account balance 2022 | -$2.144 billion (2022 est.) |
Public debt | |
Public debt 2023 | 102.2% of GDP (2023 est.) |
Budget | |
Revenues | $9.359 billion (2023 est.) |
Expenditures | $9.371 billion (2023 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2024 | 24% of GDP (2024 est.) |
Remittances 2023 | 24.5% of GDP (2023 est.) |
Remittances 2022 | 24.6% of GDP (2022 est.) |
Household income | |
Lowest 10% | 1.9% (2023 est.) |
Highest 10% | 29.7% (2023 est.) |
Average household expenditures | |
On food | 26.7% of household expenditures (2023 est.) |
On alcohol and tobacco | 0.5% of household expenditures (2023 est.) |
Imports | |
Imports 2024 | $18.354 billion (2024 est.) |
Imports 2023 | $17.034 billion (2023 est.) |
Imports 2022 | $18.181 billion (2022 est.) |
Imports (partners) | USA 28%, China 15%, Guatemala 11%, Mexico 8%, Honduras 5% (2023) |
Comodities Imports force | refined petroleum, natural gas, garments, packaged medicine, plastics (2023) |
Exports | |
Imports 2024 | $18.354 billion (2024 est.) |
Imports 2023 | $17.034 billion (2023 est.) |
Imports 2022 | $18.181 billion (2022 est.) |
Exports (partners) | USA 36%, Guatemala 17%, Honduras 15%, Nicaragua 8%, Costa Rica 5% (2023) |
Comodities Exports force | garments, plastic products, electrical capacitors, raw sugar, toilet paper (2023) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2024 | $73.961 billion (2024 est.) |
Real GDP (purchasing power parity) 2023 | $72.085 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $69.621 billion (2022 est.) |
GDP (official exchange rate) | $35.365 billion (2024 est.) |
Real GDP Per capita | |
Real GDP per capita 2024 | $11,700 (2024 est.) |
Real GDP per capita 2023 | $11,400 (2023 est.) |
Real GDP per capita 2022 | $11,100 (2022 est.) |
GDP - composition, by sector of origin | |
Agriculture | 4.4% (2024 est.) |
Industry | 22.4% (2024 est.) |
Services | 61% (2024 est.) |
GDP - composition, by end use | |
Household consumption | 79.6% (2024 est.) |
Government consumption | 19.2% (2024 est.) |
Investment in fixed capital | 22.2% (2024 est.) |
Investment in inventories | -1.9% (2024 est.) |
Exports of goods and services | 32.8% (2024 est.) |
Imports of goods and services | -51.9% (2024 est.) |
Unemployment rate | |
Unemployment rate 2024 | 2.9% (2024 est.) |
Unemployment rate 2023 | 3% (2023 est.) |
Unemployment rate 2022 | 3% (2022 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 6.7% (2024 est.) |
Male | 5.2% (2024 est.) |
Female | 9.5% (2024 est.) |
Want to know more about El Salvador? Check all different factbooks for El Salvador below.