sv El Salvador 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$34.02 billion

↑ 6.34% vs 2022
GDP per Capita

$5,391.07

↑ 5.84% vs 2022
GDP Growth (Annual %)

3.51%

↑ 0.71pp vs 2022
Inflation Rate (CPI %)

4.05%

↓ 3.15pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $31.99 billion $34.02 billion +6.34%
GDP per Capita $5,093.52 $5,391.07 +5.84%
GDP Growth (Annual %) 2.80% 3.51% +0.71pp
Inflation (CPI %) 7.20% 4.05% -3.15pp
Unemployment Rate (%) 3.00% 2.99% -0.01pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$34.02 billion
GDP per Capita
$5,391.07
GDP Growth (Annual %)
3.51%
Gross National Income
$31.87 billion
Prices & Employment
Inflation (CPI %)
4.05%
Inflation (GDP Deflator %)
2.73%
Unemployment Rate (%)
2.99%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-1.37%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

Browse Other Years

Frequently Asked Questions

As of 2023, El Salvador's Gross Domestic Product (GDP) is $34.02 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in El Salvador for 2023 is $5,391.07. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in El Salvador for 2023 is 4.05%. This measures the annual percentage change in the cost of consumer goods and services.

El Salvador's annual GDP growth rate for 2023 is 3.51%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in El Salvador for 2023 is 2.99%. This represents the percentage of the labor force that is unemployed and actively seeking employment.