Current account balance as a proportion of GDP (%) in El Salvador
El Salvador: Current account balance as a proportion of GDP (%) was -1.8% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in El Salvador, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in El Salvador stood at -1.8%.
That represents a change of down 64.6% on the previous year and up 66.7% over ten years.
Over the whole period, current account balance as a proportion of gdp in El Salvador peaked at 1.1% in 2020 and was at its lowest, -8.5%, in 2008.
El Salvador ranks 116th of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in El Salvador, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -3.7% | — |
| 2001 | -1.2% | -66.5% |
| 2002 | -3.2% | +161.4% |
| 2003 | -5.3% | +65.7% |
| 2004 | -4.7% | -11.8% |
| 2005 | -4.2% | -9.6% |
| 2006 | -4.8% | +13.1% |
| 2007 | -7.2% | +49.5% |
| 2008 | -8.5% | +19.1% |
| 2009 | -1.8% | -79.2% |
| 2010 | -2.9% | +62.8% |
| 2011 | -5.5% | +89.8% |
| 2012 | -5.8% | +5.8% |
| 2013 | -6.9% | +19.1% |
| 2014 | -5.4% | -22.2% |
| 2015 | -3.2% | -40.1% |
| 2016 | -2.3% | -29.3% |
| 2017 | -1.9% | -18.2% |
| 2018 | -3.3% | +77.5% |
| 2019 | -0.4% | -87.2% |
| 2020 | 1.1% | -363.3% |
| 2021 | -4.3% | -487.8% |
| 2022 | -6.7% | +56.2% |
| 2023 | -1.1% | -83.8% |
| 2024 | -1.8% | +64.6% |
El Salvador compared with similar countries
- El Salvador's -1.8% is above the median for upper middle income countries, which is -2.1%, 85% of the median. (53 countries reporting)
- El Salvador's -1.8% is below the median for Latin America & Caribbean, which is -1.6%, 1.1× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in El Salvador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | -487.8% | 1.1% | -4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.5% | -8.5% | -1.2% | 10 |
| 2010s | -3.8% | -6.9% | -0.4% | 10 |
| 2020s | -2.6% | -6.7% | 1.1% | 5 |
Countries ranked near El Salvador
More economy & growth data for El Salvador
- Real gdp growth, annual growth rate -26.48 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.92 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.74 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 33.72 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.21 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0043 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 24.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 34.42 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in El Salvador?
- Current account balance as a proportion of gdp in El Salvador was -1.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in El Salvador?
- The highest recorded value was 1.1% in 2020.
- What is the lowest current account balance as a proportion of gdp recorded in El Salvador?
- The lowest recorded value was -8.5% in 2008.
- How does El Salvador rank for current account balance as a proportion of gdp?
- El Salvador ranks 116th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in El Salvador?
- Over the last ten years it is up 66.7%. The long-run trend across the full record is volatile.
- Where does this El Salvador data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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