Business and Economy
Inflation Rate in El Salvador Falls to -0.11% in August, Fifth Consecutive Month of Negative Inflation
SAN SALVADOR, El Salvador — The inflation rate in El Salvador reached -0.11% in August 2025, marking one of the lowest lowest monthly deflation since November 2024, when the country recorded a -0.31% rate, according to data from the Central … Read more
El Salvador Buys 21 Bitcoins on Bitcoin Law’s Fourth Anniversary
LA LIBERTAD, El Salvador — President Nayib Bukele marked the fourth anniversary of El Salvador’s Bitcoin Law on Sunday by announcing the purchase of 21 bitcoins, despite ongoing restrictions tied to an International Monetary Fund (IMF) loan program. The acquisition, … Read more
El Salvador Bitcoin Holdings: Government Increases Reserves to 6,314 Coins, Worth About $707.3 Million
SAN SALVADOR — El Salvador continues to acquire Bitcoin for its strategic reserves and has 6,314 Bitcoins with a current economic value of about $707.3 million—$112,020 per coin at today’s prices. The National Bitcoin Office of El Salvador (ONBTC) published … Read more
Remittances to El Salvador have Increased by 18.6% in 2025, Fueled by U.S. Contributions
SAN SALVADOR, El Salvador — Remittances to El Salvador continue to fuel the economy, posting strong growth through the first seven months of 2025, even as cryptocurrency-based transfers sharply decline, according to new data from the Central Reserve Bank (BCR). … Read more
El Salvador’s Exports Up 7.3% So Far in 2025, Signaling Positive Economic Momentum
The Central Reserve Bank (BCR) reported that Salvadoran exports have increased by 7.3% in 2025, despite global economic uncertainty stemming from the U.S. trade war with its trading partners. In the first seven months of 2025, Salvadoran companies exported goods … Read more
Costa Rica Declares El Salvador Ferry Project Unviable After Failing to Attract Bidders
LA LIBERTAD, El Salvador — A long-promised maritime link between El Salvador and Costa Rica has stalled indefinitely, with Costa Rican authorities declaring the project unviable after no private company agreed to take on the service. Verny Jiménez, director of … Read more
El Salvador’s Basic Food Basket Increases to $255.06 in July 2025
SAN SALVADOR, El Salvador — Official figures show that rising food costs continue to strain Salvadoran households, with the basic food basket remaining a significant burden despite modest year-over-year price increase. As of July 2025, according to government data, El … Read more
