El Salvador GDP Trends from 1980 to 2024: A overall increase with some decline Flow

El Salvador's GDP changed from approximately $3B 912M in 1980 to $35B 333M in 2024, showing an overall 803.2% sharply increased during the period.
The lowest GDP was recorded in 1985 at $2B 319M, and the highest in 2024 at $35B 333M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 5.1%.
For comparison, the average annual growth rate of Guatemala was 6.2%, and that of Honduras was 5.2%.

Overview of El Salvador's GDP (1980–2024)

The Gross Domestic Product (GDP) of El Salvador recorded a 803.2% sharply increased from 1980 to 2024.
The average GDP during this period was $14B 290M, and the median was $12B 664M.
GDP fluctuated within a range of $33B 14M, with a standard deviation of $9B 621M.
The average annual change was $716M 935K.


El Salvador GDP from 1980 to 2024

The total market value of goods and services produced annually in El Salvador.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1985, $2B 319M
    • Highest GDP: 2024, $35B 333M
    • Most Recent GDP: 2024, $35B 333M

    Notable Annual GDP Changes

    • 2021: Significant increase in GDP
    • 2020: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and El Salvador's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $26B 881M → $24B 921M
    • Outcome: declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $17B 12M → $17B 602M
    • Outcome: increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $11B 785M → $12B 283M
    • Outcome: increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $10B 222M → $10B 937M
    • Outcome: increased

    Key Economic Indicators of El Salvador (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 3B 912M
    $ 806.91
    $ 2,084.88
    $ 10B 108M
    -8.625 %
    5.173 %
    0 %
    0 %
    4M 848K people
    1981
    $ 3B 449M
    $ 703.46
    $ 2,127.36
    $ 10B 431M
    -5.725 %
    -3.545 %
    10.64 %
    0 %
    4M 903K people
    1982
    $ 3B 406M
    $ 689.20
    $ 2,099.90
    $ 10B 377M
    -6.306 %
    -1.493 %
    11.55 %
    0 %
    4M 942K people
    1983
    $ 3B 261M
    $ 656.06
    $ 2,202.50
    $ 10B 949M
    1.535 %
    1.853 %
    13.52 %
    0 %
    4M 971K people
    1984
    $ 2B 385M
    $ 476.82
    $ 2,298.28
    $ 11B 496M
    1.337 %
    -1.712 %
    11.72 %
    0 %
    5M 2K people
    1985
    $ 2B 319M
    $ 459.96
    $ 2,366.66
    $ 11B 932M
    0.616 %
    -1.237 %
    9.04 %
    0 %
    5M 42K people
    1986
    $ 2B 335M
    $ 458.44
    $ 2,394.48
    $ 12B 195M
    0.19 %
    5.005 %
    19.21 %
    0 %
    5M 93K people
    1987
    $ 2B 374M
    $ 460.59
    $ 2,485.38
    $ 12B 812M
    2.513 %
    5.72 %
    16.85 %
    0 %
    5M 155K people
    1988
    $ 2B 771M
    $ 530.17
    $ 2,585
    $ 13B 513M
    1.878 %
    0.931 %
    13.28 %
    0 %
    5M 227K people
    1989
    $ 3B 167M
    $ 596.51
    $ 2,669.97
    $ 14B 178M
    0.962 %
    -6.139 %
    6.92 %
    0 %
    5M 310K people
    1990
    $ 4B 818M
    $ 891.76
    $ 2,854.13
    $ 15B 419M
    4.831 %
    -3.15 %
    11.56 %
    1.077 %
    5M 402K people
    1991
    $ 5B 252M
    $ 959.12
    $ 2,954.45
    $ 16B 178M
    1.498 %
    -3.188 %
    12.61 %
    0.625 %
    5M 476K people
    1992
    $ 5B 813M
    $ 1,047.04
    $ 3,189.68
    $ 17B 710M
    7.021 %
    -1.874 %
    16.89 %
    -1.729 %
    5M 552K people
    1993
    $ 6B 680M
    $ 1,186.34
    $ 3,406.85
    $ 19B 184M
    5.817 %
    -1.225 %
    18.12 %
    1.02 %
    5M 631K people
    1994
    $ 7B 679M
    $ 1,348.92
    $ 3,603.19
    $ 20B 513M
    4.692 %
    -0.234 %
    20.60 %
    1.107 %
    5M 693K people
    1995
    $ 8B 922M
    $ 1,552.13
    $ 3,815.84
    $ 21B 934M
    4.733 %
    -2.932 %
    19.51 %
    1.576 %
    5M 748K people
    1996
    $ 9B 586M
    $ 1,653.64
    $ 3,884.39
    $ 22B 518M
    0.816 %
    -1.763 %
    14.49 %
    -0.8 %
    5M 797K people
    1997
    $ 10B 222M
    $ 1,749.51
    $ 4,043.56
    $ 23B 625M
    3.136 %
    -0.956 %
    15.29 %
    -0.282 %
    5M 843K people
    1998
    $ 10B 937M
    $ 1,858.37
    $ 4,167.13
    $ 24B 524M
    2.652 %
    -0.829 %
    19.02 %
    -1.317 %
    5M 885K people
    1999
    $ 11B 284M
    $ 1,904.86
    $ 4,289.27
    $ 25B 409M
    2.164 %
    -2.121 %
    16.62 %
    -1.541 %
    5M 924K people