El Salvador GDP YoYEl Salvador GDP YoYEl Salvador GDP YoY

El Salvador GDP YoY

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
26.46% on Jun 30, 2021
Lowest
−19.76% on Jun 30, 2020

About El Salvador GDP YoY


Category
GDP
Frequency
Quarterly
Units
%
The most important sector of El Salvador economy is services which accounts for 66 percent of total GDP, including internal trade (14 percent); real estate activities (8 percent); public administration (8 percent); finance and insurance (7 percent) and education (5 percent). Industry constitutes 27 percent of total wealth, with the largest shares for manufacturing (18 percent), construction (6 percent) and utilities (3 percent). Also, agriculture, livestock, forestry and fishing sector accounts for 6 percent of GDP. On the expenditure side, household consumption is the main component of GDP (85 percent), followed by gross fixed capital formation and government spending (16 percent each). Exports of goods and services represent 28 percent of GDP while imports account for 45 percent, subtracting 17 percent of total GDP.