Debt service as a share of exports of good and services in El Salvador
El Salvador: Debt service as a share of exports of good and services was 18.4% in 2023. ▲ Rising
Debt service as a share of exports of good and services in El Salvador, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for debt service as a share of exports of good and services in El Salvador is 18.4%, measured in 2023.
Compared with earlier readings it is up 7.2% on the previous year and up 45.6% over ten years.
Over the whole period, debt service as a share of exports of good and services in El Salvador peaked at 22.5% in 2019 and was at its lowest, 10.0%, in 2000.
That places El Salvador 10th out of 116 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Debt service as a share of exports of good and services in El Salvador, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 10.0% | — |
| 2001 | 11.9% | +18.9% |
| 2002 | 14.2% | +19.6% |
| 2003 | 17.5% | +22.8% |
| 2004 | 19.4% | +10.8% |
| 2005 | 15.0% | -22.3% |
| 2006 | 20.5% | +36.4% |
| 2007 | 15.4% | -25.0% |
| 2008 | 14.4% | -6.2% |
| 2009 | 21.8% | +50.8% |
| 2010 | 16.6% | -23.6% |
| 2011 | 16.9% | +1.7% |
| 2012 | 13.9% | -17.7% |
| 2013 | 12.7% | -9.2% |
| 2014 | 13.0% | +2.7% |
| 2015 | 12.8% | -1.7% |
| 2016 | 13.8% | +8.4% |
| 2017 | 13.3% | -4.0% |
| 2018 | 13.2% | -1.0% |
| 2019 | 22.5% | +70.7% |
| 2020 | 16.7% | -25.8% |
| 2021 | 13.0% | -21.8% |
| 2022 | 17.2% | +31.8% |
| 2023 | 18.4% | +7.2% |
El Salvador compared with similar countries
- El Salvador's 18.4% is above the median for upper middle income countries, which is 7.6%, 2.4× the median. (50 countries reporting)
- El Salvador's 18.4% is above the median for Latin America & Caribbean, which is 7.7%, 2.4× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.0% | 10.0% | 21.8% | 10 |
| 2010s | 14.9% | 12.7% | 22.5% | 10 |
| 2020s | 16.3% | 13.0% | 18.4% | 4 |
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 debt service as a share of exports of good and services in El Salvador?
- Debt service as a share of exports of good and services in El Salvador was 18.4% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in El Salvador?
- The highest recorded value was 22.5% in 2019.
- What is the lowest debt service as a share of exports of good and services recorded in El Salvador?
- The lowest recorded value was 10.0% in 2000.
- How does El Salvador rank for debt service as a share of exports of good and services?
- El Salvador ranks 10th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in El Salvador?
- Over the last ten years it is up 45.6%. The long-run trend across the full record is rising.
- Where does this El Salvador data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).