Current account balance as a share of GDP in El Salvador
El Salvador: Current account balance as a share of GDP was -1.8% in 2024. ◆ Volatile
Current account balance as a share of GDP in El Salvador, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, current account balance as a share of gdp in El Salvador stood at -1.8%.
That represents a change of down 64.2% on the previous year and up 66.7% over ten years.
Over the whole period, current account balance as a share of gdp in El Salvador peaked at 1.1% in 2020 and was at its lowest, -8.5%, in 2008.
That places El Salvador 110th out of 193 countries with data for 2024, putting it 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 share of GDP in El Salvador, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -3.6% | — |
| 2001 | -1.2% | -66.6% |
| 2002 | -3.2% | +162.3% |
| 2003 | -5.3% | +65.6% |
| 2004 | -4.7% | -11.7% |
| 2005 | -4.2% | -9.6% |
| 2006 | -4.8% | +13.0% |
| 2007 | -7.2% | +49.6% |
| 2008 | -8.5% | +19.2% |
| 2009 | -1.8% | -79.2% |
| 2010 | -2.9% | +63.3% |
| 2011 | -5.5% | +89.6% |
| 2012 | -5.8% | +5.8% |
| 2013 | -6.9% | +19.0% |
| 2014 | -5.4% | -22.2% |
| 2015 | -3.2% | -40.0% |
| 2016 | -2.3% | -29.5% |
| 2017 | -1.9% | -18.1% |
| 2018 | -3.3% | +77.4% |
| 2019 | -0.4% | -87.3% |
| 2020 | 1.1% | -364.3% |
| 2021 | -4.3% | -488.3% |
| 2022 | -6.7% | +56.1% |
| 2023 | -1.1% | -83.8% |
| 2024 | -1.8% | +64.2% |
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)
- Gross capital formation (current US$), annual growth rate 37.72 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2633 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,518 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 37.72 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2633 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 1,518 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 34.55 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2275 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in El Salvador?
- Current account balance as a share of gdp in El Salvador was -1.8% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in El Salvador?
- The highest recorded value was 1.1% in 2020.
- What is the lowest current account balance as a share 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 share of gdp?
- El Salvador ranks 110th out of 193 countries with data for 2024.
- Is current account balance as a share 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 International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).