The Gross Domestic Product (GDP) in El Salvador expanded 2.32 percent in the first quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in El Salvador averaged 3.03 percent from 1991 until 2025, reaching an all time high of 28.66 percent in the second quarter of 2021 and a record low of -19.87 percent in the second quarter of 2020. source: Central Reserve Bank of El Salvador

GDP Annual Growth Rate in El Salvador is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador GDP Annual Growth Rate is projected to trend around 4.50 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-03-31 01:00 PM
GDP Growth Rate YoY
Q4 3.40% 1.58% 1.3%
2025-06-30 05:15 PM
GDP Growth Rate YoY
Q1 2.32% 3.4% 4.2%
2025-10-03 06:00 PM
GDP Growth Rate YoY
Q2 2.32% 4.5%


Related Last Previous Unit Reference
GDP Growth Rate YoY 2.32 3.41 percent Mar 2025
GDP Current Prices 8739.78 9474.66 USD Million Mar 2025
GDP from Agriculture 309.12 412.97 USD Million Mar 2025
GDP from Construction 685.95 679.92 USD Million Mar 2025
GDP from Manufacturing 1142.15 1098.09 USD Million Mar 2025
GDP from Mining 31.27 20.73 USD Million Mar 2025
GDP from Public Administration 562.01 856.63 USD Million Mar 2025
GDP from Services 956.45 1072.65 USD Million Mar 2025
GDP from Transport 382.19 380.82 USD Million Mar 2025
GDP from Utilities 231.85 239.17 USD Million Mar 2025
GDP Growth Rate -0.58 3.30 percent Mar 2025
Gross Fixed Capital Formation 7846.88 7435.35 USD Million Dec 2024

El Salvador GDP Annual Growth Rate
The most important sector of El Salvador economy is services which accounts for 66 percent of total GDP, including internal trade (14 percent); real estate activities (8 percent); public administration (8 percent); finance and insurance (7 percent) and education (5 percent). Industry constitutes 27 percent of total wealth, with the largest shares for manufacturing (18 percent), construction (6 percent) and utilities (3 percent). Also, agriculture, livestock, forestry and fishing sector accounts for 6 percent of GDP. On the expenditure side, household consumption is the main component of GDP (85 percent), followed by gross fixed capital formation and government spending (16 percent each). Exports of goods and services represent 28 percent of GDP while imports account for 45 percent, subtracting 17 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
2.32 3.41 28.66 -19.87 1991 - 2025 percent Quarterly

News Stream
El Salvador GDP Growth Accelerates Slightly in Q3
El Salvador's economy grew by 1.58% in the third quarter of 2024, slightly accelerating from an upwardly revised 1.53 percent growth in the previous period. Net foreign demand slowed (7.26% vs. 20.12% in Q2), while imports plummeted (1.75% vs. 7.77%). From a spending perspective, gross fixed capital formation rebounded sharply (7.84% vs. -3.61%), while growth in household consumption (1.65% vs. 3.0%) and government spending (-1.55% vs. 0.21%) decelerated. On a quarterly basis, the economy contracted by 0.2%, down from the downwardly revised 0.13% growth in the previous quarter.
2024-12-20
El Salvador GDP Growth Slows to Lowest Since 2020 in Q2
El Salvador's economy grew by 1.44% in the second quarter of 2024, marking its slowest pace since Q4 2020. Net foreign demand slowed slightly (18.19% vs. 18.21% in Q1), while imports surged (7.71% vs. 2.74%). From a spending perspective, gross fixed capital formation contracted more sharply (-6.12% vs. -0.12%), while growth in household consumption (2.85% vs. 4.74%) and government spending (1.37% vs. 8.0%) decelerated. On a quarterly basis, the economy expanded by 0.34%, up from the upwardly revised 0.04% growth in the previous quarter.
2024-10-04