Gross savings as a share of GDP rose 6.00% to 11.8% in El Salvador in 2020, according to the National Statistical Office.
Historically, gross savings as a share of GDP in El Salvador reached an all time high of 11.8% in 2020 and an all time low of 0.062% in 1981. When compared to El Salvador's main peers, gross savings as a share of GDP in Costa Rica amounted to 13.9%, 12.2% in Guatemala, 19.8% in Honduras and 21.0% in Nicaragua in 2020.
El Salvador has been ranked 139th within the group of 161 countries we follow in terms of gross savings as a share of GDP, 1 place below the position seen 10 years ago.
Gross Savings (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 | % | 0.108% | 0.085% | 0.101% | 16.2% | 16.0% | ||||||||||||||||
Costa Rica | % | 0.149% | 0.152% | 0.142% | 13.9% | 13.4% | ||||||||||||||||
El Salvador | % | 0.150% | 0.156% | 0.170% | 11.8% | 11.7% | ||||||||||||||||
Guatemala | % | 0.147% | 0.147% | 0.169% | 12.2% | 11.9% | ||||||||||||||||
Honduras | % | 0.236% | 0.205% | 0.220% | 19.8% | 19.4% | ||||||||||||||||
Mexico | % | 0.232% | 0.237% | 0.237% | 20.7% | 20.7% | ||||||||||||||||
Nicaragua | % | 0.224% | 0.219% | 0.226% | 21.0% | 21.0% | ||||||||||||||||
Panama | % | 0.314% | 0.293% | 0.300% | 37.1% | 36.9% | ||||||||||||||||
USA | % | 0.186% | 0.186% | 0.187% | 19.0% | 18.9% |