EL SALVADOR: Still All About Growth

CENTRAL AMERICA - Report 23 Apr 2015 by Francisco de Paula Gutiérrez and Felix Delgado
Executive Summary The outlook for El Salvador´s economy is still bleak, despite minor improvements in certain variables amid favorable external conditions.Real GDP is expected to grow 2.3%-2.5% in 2015 and 2016. That’s a bit of an improvement over previous years, but insufficient to significantly lift general living standards. The fiscal situation is a major challenge, as the government deficit, including pension payments, is forecast to stay above 3% of nominal GDP, keeping the debt-to-GDP ratio above 60%.Private investment and savings remain relatively low, and dynamism in production is m...

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.