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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]
The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person recalculated according to the changing number of the population of the country.
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.
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.
The landslide re-election of popular authoritarian President Nayib Bukele in El Salvador’s Feb. 4 elections seems to confirm a global trend toward the loss of support for democracy.
This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates.