[ Nominal GDP in billions of USD ]
Year -
$35.36 billions
El Salvador GDP expanded from 1965 to 2024, increasing from $0.88 billion to $35.36 billion.The compound annual growth rate (CAGR) averaged 6.46% over the period. The economy recorded its peak level in 2024 and its lowest level in 1965. Growth volatility remained high. The maximum drawdown reached 7.29%, indicating the largest cyclical decline from peak levels. The country experienced 4 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 35.36 Billions | $ 84.07 Int Billions |
| Growth (YoY) | 4.463% | 5.083% |
| Net Change vs Previous Year | $ 1.51 Billion | $ 4.07 Int Billion |
| % of World GDP | 0.03% | 0.04% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | 0.88 | - | - | - | - | - |
| 1966 | 0.93 | 0.05 | 5.902 % | - | - | - |
| 1967 | 0.98 | 0.05 | 5.022 % | - | - | - |
| 1968 | 1.01 | 0.03 | 3.438 % | - | - | - |
| 1969 | 1.05 | 0.04 | 3.926 % | - | - | - |
| 1970 | 1.13 | 0.08 | 7.959 % | - | - | - |
| 1971 | 1.19 | 0.05 | 4.696 % | - | - | - |
| 1972 | 1.26 | 0.08 | 6.542 % | - | - | - |
| 1973 | 1.44 | 0.18 | 14.133 % | - | - | - |
| 1974 | 1.67 | 0.22 | 15.5 % | - | - | - |
| 1975 | 1.88 | 0.22 | 13.101 % | - | - | - |
| 1976 | 2.33 | 0.44 | 23.574 % | - | - | - |
| 1977 | 2.94 | 0.61 | 26.344 % | - | - | - |
| 1978 | 3.13 | 0.19 | 6.334 % | - | - | - |
| 1979 | 3.46 | 0.34 | 10.732 % | - | - | - |
| 1980 | 3.57 | 0.11 | 3.185 % | - | - | - |
| 1981 | 3.44 | -0.14 | -3.827 % | - | - | - |
| 1982 | 3.4 | -0.04 | -1.106 % | - | - | - |
| 1983 | 3.51 | 0.11 | 3.152 % | - | - | - |
| 1984 | 3.66 | 0.16 | 4.43 % | - | - | - |
| 1985 | 3.8 | 0.14 | 3.787 % | - | - | - |
| 1986 | 3.77 | -0.03 | -0.755 % | - | - | - |
| 1987 | 3.96 | 0.19 | 4.942 % | - | - | - |
| 1988 | 4.19 | 0.23 | 5.857 % | - | - | - |
| 1989 | 4.37 | 0.18 | 4.352 % | - | - | - |
| 1990 | 4.82 | 0.45 | 10.185 % | 15.42 | - | - |
| 1991 | 5.25 | 0.43 | 9.025 % | 16.18 | 0.76 | 4.926 % |
| 1992 | 5.81 | 0.56 | 10.682 % | 17.71 | 1.53 | 9.461 % |
| 1993 | 6.68 | 0.87 | 14.912 % | 19.19 | 1.47 | 8.327 % |
| 1994 | 7.68 | 1 | 14.956 % | 20.52 | 1.33 | 6.927 % |
| 1995 | 8.92 | 1.24 | 16.181 % | 21.94 | 1.42 | 6.93 % |
| 1996 | 9.59 | 0.66 | 7.447 % | 22.52 | 0.58 | 2.657 % |
| 1997 | 10.22 | 0.64 | 6.628 % | 23.63 | 1.11 | 4.917 % |
| 1998 | 10.94 | 0.71 | 6.995 % | 24.53 | 0.9 | 3.806 % |
| 1999 | 11.28 | 0.35 | 3.178 % | 25.42 | 0.88 | 3.608 % |
| 2000 | 11.78 | 0.5 | 4.437 % | 26.28 | 0.87 | 3.419 % |
| 2001 | 12.28 | 0.5 | 4.222 % | 27.11 | 0.83 | 3.151 % |
| 2002 | 12.66 | 0.38 | 3.107 % | 27.97 | 0.85 | 3.151 % |
| 2003 | 13.24 | 0.58 | 4.577 % | 28.97 | 1 | 3.571 % |
| 2004 | 13.72 | 0.48 | 3.631 % | 30.01 | 1.04 | 3.602 % |
| 2005 | 14.7 | 0.97 | 7.091 % | 31.78 | 1.77 | 5.9 % |
| 2006 | 16 | 1.3 | 8.858 % | 34.18 | 2.4 | 7.555 % |
| 2007 | 17.01 | 1.01 | 6.324 % | 35.76 | 1.57 | 4.607 % |
| 2008 | 17.99 | 0.98 | 5.732 % | 37.23 | 1.47 | 4.123 % |
| 2009 | 17.6 | -0.39 | -2.142 % | 36.67 | -0.56 | -1.505 % |
| 2010 | 18.45 | 0.85 | 4.808 % | 37.91 | 1.25 | 3.396 % |
| 2011 | 20.28 | 1.84 | 9.952 % | 40.16 | 2.24 | 5.915 % |
| 2012 | 21.39 | 1.1 | 5.435 % | 41.01 | 0.86 | 2.138 % |
| 2013 | 21.99 | 0.6 | 2.828 % | 43.54 | 2.53 | 6.157 % |
| 2014 | 22.59 | 0.6 | 2.74 % | 46.25 | 2.7 | 6.212 % |
| 2015 | 23.44 | 0.84 | 3.739 % | 49.06 | 2.81 | 6.086 % |
| 2016 | 24.19 | 0.75 | 3.214 % | 52.43 | 3.37 | 6.873 % |
| 2017 | 24.98 | 0.79 | 3.256 % | 55.71 | 3.27 | 6.245 % |
| 2018 | 26.02 | 1.04 | 4.17 % | 57.25 | 1.54 | 2.764 % |
| 2019 | 26.88 | 0.86 | 3.306 % | 60.71 | 3.46 | 6.051 % |
| 2020 | 24.92 | -1.96 | -7.291 % | 58.56 | -2.15 | -3.54 % |
| 2021 | 29.04 | 4.12 | 16.54 % | 67.62 | 9.06 | 15.476 % |
| 2022 | 31.87 | 2.83 | 9.734 % | 74.58 | 6.96 | 10.295 % |
| 2023 | 33.85 | 1.98 | 6.225 % | 80 | 5.42 | 7.265 % |
| 2024 | 35.36 | 1.51 | 4.463 % | 84.07 | 4.07 | 5.083 % |
Between 1965 to 2024, El Salvador experienced the following economic phases:
The most remarkable growth occurred in 1977 with an increase of 26.344%, while the largest decline was in 2020 at -7.291%.