Current Account Balance (As % of GDP) fell 20.0% to -4.25% in El Salvador in 2020

Current Account Balance (As % of GDP) (%), 2020
Economy | El Salvador | January 1, 2021
$2.99
Excel Sheet

Current account balance as a share of GDP fell 20.0% to -4.25% in El Salvador in 2020, according to the National Statistical Office.

Historically, current account balance as a share of GDP in El Salvador reached an all time high of 0.034% in 1987 and an all time low of -4.25% in 2020. When compared to El Salvador's main peers, current account balance as a share of GDP in Costa Rica amounted to -3.85%, 0.028% in Guatemala, -3.50% in Honduras and -6.02% in Nicaragua in 2020.

El Salvador has been ranked 110th within the group of 172 countries we follow in terms of current account balance as a share of GDP, 27 places below the position seen 10 years ago.

Current Account Balance (As % of GDP) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Belize % -0.086% -0.081% -0.094% -5.46% -5.29%
Costa Rica % -0.034% -0.033% -0.024% -3.85% -4.05%
El Salvador % -0.019% -0.047% -0.021% -4.25% -4.37%
Guatemala % 0.011% 0.008% 0.024% 0.028% -0.416%
Honduras % -0.012% -0.059% -0.014% -3.50% -3.71%
Mexico % -0.018% -0.021% -0.003% -1.50% -1.60%
Nicaragua % -0.072% -0.019% 0.060% -6.02% -6.10%
Panama % -0.059% -0.082% -0.052% -4.85% -4.55%
USA % -0.019% -0.022% -0.022% -3.18% -3.33%