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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]
El Salvador's economy has been hampered at times by natural disasters such as earthquakes and hurricanes, by government policies that mandate large economic subsidies, and by official corruption. Subsidies became such a problem that in April 2012, the International Monetary Fund suspended a $750 million loan to the central government.
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.
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 ...
SAN SALVADOR (Reuters) -El Salvador's President Nayib Bukele took office on Saturday for a second term pledging to cure the "illnesses" of the Central American country by prescribing his medicine ...
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.
Economy of El Salvador-related lists (1 C, 1 P) B. Business organizations based in El Salvador (1 C) C. Companies of El Salvador (3 C, 4 P) Currencies of El Salvador ...
The World Economic Forum's Global Competitiveness Report ranked El Salvador 77 out of 133. El Salvador ranks 124th among 189 countries in the Human Development Index. [1] El Salvador has the second-highest level of income equality in Latin America. [2]