Economic News

El Salvador, Guatemala and Honduras Receive $29 Billion in Remittances in 2026
El Salvador, Guatemala and Honduras received a combined $29.06 billion in family remittances during the first seven months of 2026, continuing the steady flow of money sent home by migrants abroad. The total represents a 7.1% increase compared with the … Read more

The International Monetary Fund (IMF) Forecasts El Salvador’s Economy Will Grow by 4.5% in 2026
The International Monetary Fund (IMF) projects that El Salvador’s economy will grow by 4.5% in 2026, placing the country above the expected growth rate for Latin America and the Caribbean. The latest projection also represents an improvement from the IMF’s previous outlook. … Read more

El Salvador Credit Ratings: Current Ratings and the Country’s Economic Outlook
As of August 2026, El Salvador’s credit ratings are B- with a stable outlook from Standard & Poor’s, B- with a stable outlook from Fitch Ratings, and B3 with a stable outlook from Moody’s. El Salvador Credit Ratings Agency Rating … Read more

Central Reserve Bank (BCR) Forecasts El Salvador’s Economy Will Grow Between 4.5% and 5% in 2026
El Salvador’s Central Reserve Bank (BCR) increased its economic growth forecast for the country for 2026, projecting that the gross domestic product (GDP) will grow between 4.5% and 5% this year. The updated outlook marks a significant increase from the … Read more

El Salvador Legal Currency: From the Colón to Dollarization and Bitcoin
El Salvador’s legal currency is an important topic for travelers and business visitors to understand, as the country recognizes the U.S. dollar, Bitcoin, and the Salvadoran colón as legal tender. Key questions to know the answer to include: What currency … Read more

El Salvador Remittances Represent 26.3% of GDP in First Quarter of 2026
Remittances sent to El Salvador accounted for 26.3% of the country’s gross domestic product (GDP) during the first quarter of 2026. This highlights their continued importance to the national economy. From January to March. the country received about $2.4 billion … Read more

Poverty in El Salvador: An Insight Into El Salvador’s Poverty Rate!
Poverty remains one of the most defining issues shaping daily life in El Salvador. Understanding how many people live in poverty, why it persists, and what policies exist helps explain the broader realities of living in El Salvador. Because of … Read more