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The economy of El Salvador has experienced relatively low rates of GDP growth, in comparison to other developing countries.Rates have not risen above the low single digits in nearly two decades – part of a broader environment of macroeconomic instability which the integration of the United States dollar has done little to improve. [14]
The major commodities that El Salvador exports to China are electrical capacitors, raw sugar, and coffee. Between 1995 and 2019, exports from El Salvador to China have increased at an annualized rate of 14.7%, while exports from China to El Salvador have increased at an annualized rate of 16.6%. [6]
El Salvador: According to the World Bank, El Salvador is the fourth-largest economy in the region, and has a GDP PPP of $50,903 million. [3] The Salvadoran economy grew by 3% in 2010, after a strong contraction in 2009. [8] Honduras: Is the second-poorest country in Central America, with 60% living in poverty according to the CIA World Factbook.
El Salvador is talking to the International Monetary Fund (IMF) about securing some $1.3 billion in financing and sees a "golden opportunity" to revitalize its economy after the ruling party's big ...
The constitutional chamber of El Salvador's Supreme Court of Justice on Friday declared an executive decree that would establish protocols for the gradual reopening of the economy as unconstitutional.
This is a list of estimates of the real gross domestic product growth rate (not rebased GDP) in Latin American and the Caribbean nations for the latest years recorded in the CIA World Factbook. Nations are not included if their latest growth estimate was for a year prior to 2014. The list contains some non-sovereign territories.
China is making its influence felt in Latin America and the Caribbean in a way officials say is harmful to the U.S. and via methods the U.S. can't employ.
Cuba is not included in the list due to lack of economic data. Of the countries listed, some are not independent: Aruba is a constituent country of the Kingdom of the Netherlands, and Puerto Rico is a United States territory with special status and thus is measured separately from the U.S. by the World Economic Outlook.