El Salvador: GDP Up 2.5% in 2015

The Reserve Bank noted that domestic consumption and private investment accounted for most of the growth in economic activity during the year.

Thursday, March 31, 2016

The wave of violence and insecurity affecting the country prevented further growth of economic activity, which increased by 2.5% in 2015 compared to the previous year.

This year, the central bank projects lower growth, of about 2.3%, mainly due to "... some weakening in the prospects for the international environment and the economy's main trading partner, the US."

See "El Salvador's Economic Results in 2015 and Projections" (In Spanish)

From a statement issued by the Reserve Bank:

March 31 - The Central Reserve Bank today announced El Salvador's macroeconomic performance in 2015 and projections for the period 2016-2018.

Dr. Oscar Cabrera, President of the Institution, said at a news conference that economic growth in 2015 was driven by domestic consumption, a rise in private investment and exports, as well as international conditions that offered opportunities to stimulate economic growth.



More on this topic

Guatemala: Economic Situation in February 2016

April 2016

Up to the second month of the year, economic activity has grown by 2.6%, driven by sectors such as financial intermediation, trade, private services, manufacturing and agriculture.

From a statement issued by the Bank of Guatemala:

Economic activity measured by estimating the IMAE, up to February 2016 showed a growth of 2.6% (5.4% in February 2015).

Guatemala: Economic Situation in September 2015

November 2015

In September, the economy registered a growth of 3.7%, mainly due to the commercial, agricultural and manufacturing sectors.

Monthly Economic Activity Report (IMAE) to September 2015:

Economic activity measured by estimating the IMAE, as of September 2015, showed a growth of 3.7% (4.1% in September 2014).

El Salvador: Economic Situation - June 2015

September 2015

Export growth coupled with domestic consumption strengthened by credit and remittances explain part of the increase of 2.4% in GDP recorded in the second quarter.

From a statement issued by the Central Bank:

The Central Bank announced that the Quarterly Gross Domestic Product for the second quarter of fiscal year 2015 grew by 2.4% compared with the same quarter last year.

Nicaragua: Growth with Risks in 2013

December 2012

Analysis of the interrelationships of the main economic activities in Nicaragua and updated growth projections 2012-2014

From the introduction of the Economic Situation Report, 4th Quarter 2012, by the Nicaraguan Foundation for Economic and Social Development (Funides):

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