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
Latest (2024)
-1.8%
Change on year
down 64.6%
World rank
115th
of 204 countries
All-time high
1.1%
in 2020
All-time low
-8.5%
in 2008
Years of data
25
2000–2024
Current account balance as a proportion of GDP in El Salvador, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
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 115th of 204 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 | Value | 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% |
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
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 318.29 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0087 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 50 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 763.72 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -27.33 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0208 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 119.98 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 30 % 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 115th out of 204 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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