El Salvador GDP Annual Growth Rate  1991-2017 | Data | Chart | Calendar

The GDP of El Salvador expanded by 2.6 percent year-on-year in the fourth quarter of 2016, following a 2.4 percent expansion in the previous quarter. Faster growth was observed in construction (3.5 percent from 2.9 percent in Q3), commerce & lodging (2.6 from 2.2 percent), transport and communications (1.2 percent from 0.9 percent), banking (3.6 from 2.8 percent), other services (3.5 percent from 3.2 percent), property & commercial services (4.6 percent from 3.7 percent). In contrast, primary activity grew at a softer 5.5 percent pace (from 5.9 percent in the previous quarter) and government services at a 2.5 percent rate (from 2.8 percent). For the whole 2016, the economy of El Salvador grew 2.4 percent. GDP Annual Growth Rate in El Salvador averaged 2.96 percent from 1991 until 2016, 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 GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-31 10:25 PM Q4 2.6% 2.7% 2.4%
2016-12-23 11:00 PM Q3 2.51% 2.5% 2.36%
2017-04-03 11:00 PM Q4 2.57% 2.51% 2.4%
2017-06-30 10:00 PM Q1 2.57% 2.74%
2017-09-29 10:00 PM Q2 2.74%
2017-12-22 10:00 PM Q3 2.77%




El Salvador GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.70 0.13 2.53 -2.78 percent [+]
GDP Annual Growth Rate 2.57 2.39 8.10 -4.10 percent [+]
GDP 25.85 25.05 25.85 0.63 USD Billion [+]
GDP Constant Prices 2588.00 2552.50 2588.00 1188.90 USD Million [+]
Gross Fixed Capital Formation 1773.60 1642.50 1831.10 658.40 USD Million [+]
GDP per capita 3853.11 3772.40 3853.11 1678.90 USD [+]
GDP per capita PPP 8095.56 7925.99 8095.56 4532.29 USD [+]
Gdp From Agriculture 314.90 295.90 314.90 201.30 USD Million [+]
Gdp From Construction 70.20 63.10 85.20 40.60 USD Million [+]
Gdp From Public Administration 132.70 132.80 134.00 85.50 USD Million [+]
Gdp From Transport 243.90 243.40 243.90 86.60 USD Million [+]
Gdp From Utilities 15.50 15.60 16.90 6.70 USD Million [+]


El Salvador GDP Annual Growth Rate Notes

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 the latest reported value for - El Salvador GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. El Salvador GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.57 2.39 8.10 -4.10 1991 - 2016 percent Quarterly



gdp annual growth rate by Country

Last
India 7.00 Dec/16
China 6.90 Mar/17
Indonesia 5.01 Mar/17
Turkey 3.50 Dec/16
Netherlands 3.40 Mar/17
Spain 3.00 Mar/17
Mexico 2.80 Mar/17
South Korea 2.70 Mar/17
Australia 2.40 Dec/16
United Kingdom 2.10 Mar/17
United States 2.00 Dec/16
Canada 1.90 Dec/16
Euro Area 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.60 Mar/17
France 0.80 Mar/17
Italy 0.80 Mar/17
Switzerland 0.60 Dec/16
Russia 0.50 Mar/17
Brazil -2.50 Dec/16