El Salvador GDP Annual Growth Rate

The Gross Domestic Product (GDP) in El Salvador expanded 1.80 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in El Salvador is reported by the Central Reserve Bank of El Salvador. GDP Annual Growth Rate in El Salvador averaged 3.05 Percent from 1991 until 2013, reaching an all time high of 8.10 Percent in the second quarter of 1995 and a record low of -4.10 Percent in the second quarter of 2009. El Salvador has one of the most unequal societies in the world. A recent history filled with wars and natural disasters has left the country striped of agriculture and infrastructure. However, a free trade agreement signed with the United States in 2006 promoted job creation in the manufacturing industry and prompted El Salvador’s growth. Yet, high criminal rate (one of the highest in the world) and corruption are still a major obstacle to foreign direct investment. This page provides - El Salvador GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.80 1.60 8.10 -4.10 1.89 | 2014/06 1991 - 2013 Percent Quarterly

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El Salvador GDP Annual Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-06-28 11:00 PM El Salvador
GDP Growth Rate YoY
Q1 2013 1.4% 1.6% (R) 1.64%
2013-10-01 12:00 AM El Salvador
GDP Growth Rate YoY
Q2 2013 1.6% 1.4% 2.02%
2013-12-23 11:00 PM El Salvador
GDP Growth Rate YoY
Q3 2013 1.6% 1.6% 0.99%
2014-04-01 04:00 PM El Salvador
GDP Growth Rate YoY
Q4 2013 1.8% 1.6% 1.06%
2014-07-01 04:00 PM El Salvador
GDP Growth Rate YoY
Q1 2014 1.8% 1.78%
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GDP Last Previous Highest Lowest Forecast Unit
GDP Constant Prices 2432.40 2013-11-15 2399.60 2432.40 1188.90 2434.12 2014-06-30 USD Million [+]
Gdp Growth Rate 1.37 2013-12-31 0.45 2.53 -2.78 0.31 2014-06-30 Percent [+]
Gross Fixed Capital Formation 1761.90 2013-06-30 1606.20 1831.10 658.40 1917.60 2014-06-30 USD Million [+]
GDP 23.79 2012-12-31 23.09 23.79 0.63 25.17 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 1.80 2013-12-31 1.60 8.10 -4.10 1.89 2014-06-30 Percent [+]
GDP per capita 3018.70 2012-12-31 2989.40 3036.45 1678.90 3065.86 2014-06-30 USD [+]
GDP per capita PPP 6092.78 2012-12-31 6033.63 6128.60 3494.81 6187.95 2014-06-30 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

El Salvador Consumer Spending at 8946.90 USD Million  
Consumer Spending in El Salvador increased to 8946.90 USD Million in 2013 from 8915.90 USD Million in 2012. Consumer Spending in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Consumer Price Index (CPI) at 109.99 Index Points  
Consumer Price Index (CPI) in El Salvador increased to 109.99 Index Points in March of 2014 from 109.72 Index Points in February of 2014. Consumer Price Index (CPI) in El Salvador is reported by the Digestyc, El Salvador.
El Salvador Changes in Inventories at 0.00 USD Million  
Changes in Inventories in El Salvador remained unchanged at 0 USD Million in 2013 from 0 USD Million in 2012. Changes in Inventories in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Capital Flows at 426.10 USD Million  
Capital Flows in El Salvador increased to 426.10 USD Million in the third quarter of 2013 from 37.60 USD Million in the second quarter of 2013. Capital Flows in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Export Prices at 119.54 Index Points  
Export Prices in El Salvador decreased to 119.54 Index Points in February of 2014 from 119.87 Index Points in January of 2014. Export Prices in El Salvador is reported by the The Central Reserve Bank of El Salvador.
El Salvador GDP Constant Prices at 2432.40 USD Million  
GDP Constant Prices in El Salvador increased to 2432.40 USD Million in the fourth quarter of 2013 from 2399.60 USD Million in the third quarter of 2013. GDP Constant Prices in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Government Budget Value at -441.50 USD Million  
El Salvador recorded a government budget deficit of 441.50 USD Million in 2013. Government Budget Value in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Government Spending at 820.40 USD Million  
Government Spending in El Salvador increased to 820.40 USD Million in 2013 from 773.80 USD Million in 2012. Government Spending in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Gross Fixed Capital Formation at 1761.90 USD Million  
Gross Fixed Capital Formation in El Salvador increased to 1761.90 USD Million in 2013 from 1606.20 USD Million in 2012. Gross Fixed Capital Formation in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Import Prices at 164.78 Index Points  
Import Prices in El Salvador increased to 164.78 Index Points in February of 2014 from 164.19 Index Points in January of 2014. Import Prices in El Salvador is reported by the The Central Reserve Bank of El Salvador.
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