El Salvador GDP Annual Growth Rate
The Gross Domestic Product (GDP) in El Salvador expanded 2 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in El Salvador averaged 3.04 Percent from 1991 until 2014, 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. GDP Annual Growth Rate in El Salvador is reported by the Central Reserve Bank of El Salvador.
||1991 - 2014
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.