Economy of El Salvador

Imports
Imports commoditiesraw materials, consumer goods, capital goods, fuels, foodstuffs, petroleum, electricity
Import partnersUS 35.4%, Guatemala 12.7%, Mexico 7%, China 5.6%, Germany 4.2% (2012)
Exports
Exports commoditiesoffshore assembly exports, coffee, sugar, textiles and apparel, gold, ethanol, chemicals, electricity, iron and steel manufactures
Export partnersUS 47.3%, Guatemala 13.8%, Honduras 9.6%, Nicaragua 5.4% (2012)
Economy sectors
Agriculture productscoffee, sugar, corn, rice, beans, oilseed, cotton, sorghum; beef, dairy products
Industrial productsfood processing, beverages, petroleum, chemicals, fertilizer, textiles, furniture, light metals
Economy
Unemployment6.30 % (2013)6.10 % (2012)7.00 % (2011)
Unemployment of El Salvador
GDP - Official Exchange Rate24.7 Billion $ (2013)23.5 Billion $ (2012)23.1 Billion $ (2011)
GDP - Official Exchange Rate of El Salvador
GDP growth rate1.60 % (2013)1.90 % (2012)1.40 % (2011)
GDP growth rate of El Salvador
GDP per Capita (PPP)7,500 $ (2013)7,300 $ (2012)7,700 $ (2011)
GDP per Capita (PPP) of El Salvador
GDP - Purchasing Power Parity47.5 Billion $ (2013)46.1 Billion $ (2012)45.3 Billion $ (2011)
GDP - Purchasing Power Parity of El Salvador
GDP PPP per land area2.26 Million $ per square kilometer (2013)2.19 Million $ per square kilometer (2012)2.15 Million $ per square kilometer (2011)
GDP PPP per land area of El Salvador
ElectricityBanking
Commercial bank prime lending rate5.60 % (2012)5.99 % (2011)7.62 % (2010)
Commercial bank prime lending rate of El Salvador
GDP decomposition by sector
Agriculture % of GDP10.3 % (2013)10.2 % (2012)
Industry % of GDP29.5 % (2013)29.0 % (2012)
Services % of GDP60.1 % (2013)60.8 % (2012)
Tourism
International tourism, number of arrivals1.26 Million (2012)1.18 Million (2011)1.15 Million (2010)
International tourism, number of arrivals of El Salvador
International tourism, number of departures1.01 Million (2007)1.24 Million (2006)1.24 Million (2005)
International tourism, number of departures of El Salvador
Yearly Tourist arrivals to residents ratio20.6 % (2012)19.5 % (2011)18.5 % (2010)
Yearly Tourist arrivals to residents ratio of El Salvador
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)62.0 % of GDP (2013)59.2 % of GDP (2012)57.5 % of GDP (2011)
Public debt (Percentage of GDP) of El Salvador
Current Account Balance (Percentage of GDP)-5.28 % of GDP (2012)-4.91 % of GDP (2011)-2.66 % of GDP (2010)
Current Account Balance (Percentage of GDP) of El Salvador
External Debt Stocks (Percentage of GNI)58.1 % of GNI (2012)53.4 % of GNI (2011)54.3 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of El Salvador
Short-term debt (percentage of total external debt)12.2 % of total external debt (2012)10.2 % of total external debt (2011)9.76 % of total external debt (2010)
Short-term debt (percentage of total external debt) of El Salvador
Current Account Balance (Total)-1.33 Billion $ (2013)-1.26 Billion $ (2012)-1.22 Billion $ (2011)
Current Account Balance (Total) of El Salvador
External Debt (Total)14.4 Billion $ (2013)13.6 Billion $ (2012)12.2 Billion $ (2011)
External Debt (Total) of El Salvador
External Debt (Percentage of GDP)58.5 % of GDP (2013)57.6 % of GDP (2012)52.6 % of GDP (2011)
External Debt (Percentage of GDP) of El Salvador
External Debt per Capita2,364 $ (2013)2,226 $ (2012)2,006 $ (2011)
External Debt per Capita of El Salvador