Real gdp growth in El Salvador
El Salvador: Real gdp growth was 2.6 in 2024. ◆ Volatile
Real gdp growth in El Salvador, 1980–2024
Source: Our World in Data.
Analysis
In 2024, real gdp growth in El Salvador stood at 2.6.
The figure is down 26.5% on the previous year and up 52.2% over ten years.
Over the whole period, real gdp growth in El Salvador peaked at 11.9 in 2021 and was at its lowest, -8.62, in 1980.
El Salvador ranks 128th of 196 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.
Real gdp growth in El Salvador, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -8.62 | — |
| 1981 | -5.72 | -33.6% |
| 1982 | -6.31 | +10.1% |
| 1983 | 1.53 | -124.3% |
| 1984 | 1.34 | -12.9% |
| 1985 | 0.616 | -53.9% |
| 1986 | 0.19 | -69.2% |
| 1987 | 2.51 | +1222.6% |
| 1988 | 1.88 | -25.3% |
| 1989 | 0.962 | -48.8% |
| 1990 | 4.83 | +402.2% |
| 1991 | 1.49 | -69.1% |
| 1992 | 7.02 | +369.7% |
| 1993 | 5.82 | -17.1% |
| 1994 | 4.69 | -19.4% |
| 1995 | 4.74 | +1.0% |
| 1996 | 0.818 | -82.7% |
| 1997 | 3.13 | +283.3% |
| 1998 | 2.65 | -15.3% |
| 1999 | 2.16 | -18.6% |
| 2000 | 1.13 | -47.9% |
| 2001 | 0.877 | -22.1% |
| 2002 | 1.58 | +80.3% |
| 2003 | 1.56 | -1.2% |
| 2004 | 0.891 | -43.0% |
| 2005 | 2.71 | +203.8% |
| 2006 | 4.34 | +60.4% |
| 2007 | 1.86 | -57.1% |
| 2008 | 2.13 | +14.3% |
| 2009 | -2.08 | -197.9% |
| 2010 | 2.11 | -201.1% |
| 2011 | 3.81 | +81.0% |
| 2012 | 2.81 | -26.2% |
| 2013 | 2.24 | -20.4% |
| 2014 | 1.71 | -23.6% |
| 2015 | 2.4 | +40.1% |
| 2016 | 2.54 | +6.1% |
| 2017 | 2.25 | -11.4% |
| 2018 | 2.41 | +7.1% |
| 2019 | 2.43 | +0.9% |
| 2020 | -7.89 | -424.4% |
| 2021 | 11.9 | -250.8% |
| 2022 | 2.96 | -75.2% |
| 2023 | 3.54 | +19.8% |
| 2024 | 2.6 | -26.5% |
El Salvador compared with similar countries
- El Salvador's 2.6 is below the median for upper middle income countries, which is 3.49, 75% of the median. (57 countries reporting)
- El Salvador's 2.6 is below the median for Latin America & Caribbean, which is 3.37, 77% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth 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 |
|---|---|---|---|
| 1987 | +1222.6% | 0.19 | 2.51 |
| 1990 | +402.2% | 0.962 | 4.83 |
| 2020 | -424.4% | 2.43 | -7.89 |
| 1992 | +369.7% | 1.49 | 7.02 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.16 | -8.62 | 2.51 | 10 |
| 1990s | 3.74 | 0.818 | 7.02 | 10 |
| 2000s | 1.5 | -2.08 | 4.34 | 10 |
| 2010s | 2.47 | 1.71 | 3.81 | 10 |
| 2020s | 2.62 | -7.89 | 11.9 | 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 real gdp growth in El Salvador?
- Real gdp growth in El Salvador was 2.6 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in El Salvador?
- The highest recorded value was 11.9 in 2021.
- What is the lowest real gdp growth recorded in El Salvador?
- The lowest recorded value was -8.62 in 1980.
- How does El Salvador rank for real gdp growth?
- El Salvador ranks 128th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in El Salvador?
- Over the last ten years it is up 52.2%. The long-run trend across the full record is volatile.
- Where does this El Salvador data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
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