Business and Economy


Inflation rate in El Salvador

Inflation Rate in El Salvador: January 2025 Sees a 0.31% Rate Increase


The inflation rate in El Salvador increased to 0.31% in January 2025, reflecting a slight increase in consumer prices sustained by increases in the restaurants and hotels divisions and the health sector. The latest data from the Salvadoran Central Reserve Bank (BCR) indicates a 0.02 basis point increase compared to … Read more

El Salvador and Peru trade agreement negotiations

El Salvador and Peru Resume Free Trade Agreement Negotiations


El Salvador and Peru have agreed to restart negotiations for a free trade agreement to boost bilateral trade and create new business opportunities. The announcement came from Peru’s Minister of Foreign Trade and Tourism, Desilú Leon Chempen, following a meeting with her Salvadoran counterpart, Maria Luisa Hayem, and Pablo Caballero, … Read more

El Salvador Bitcoin Holdings

El Salvador Bitcoin Holdings: A Nation’s Journey into Digital Currency Reserves


El Salvador continues investing in Bitcoin. As of February 3, 2025, El Salvador Bitcoin Holdings total 6,056.18 coins, valued at $597,139,659 million dollars, equivalent to $98,600 per Bitcoin. In 2021, President Nayib Bukele made an unprecedented decision to declare Bitcoin legal tender in El Salvador. This move ignited global debates, … Read more

Economic Commission for Latin America ECLAC Economic Outlook

Economic Commission for Latin America ECLAC Forecasts 3.0% Economic Growth for El Salvador in 2025


The Economic Commission for Latin America (ECLAC) projects an economic growth of 3% for El Salvador in 2025, the lowest in Central America. ECLAC, also known as CEPAL, decreased its projection from the 3.1% predicted in its August 2024 report. ECLAC’s Economic Outlook for El Salvador 2020 2021 2022 2023 2024 2025 … Read more

World Bank El Salvador Economic Outlook

World Bank Forecasts 2.7% Economic Growth for El Salvador in 2025


The latest World Bank (WB) economic outlook report projects that El Salvador’s economy will grow by 2.7% in 2025. This forecast, released in January 2025, aligns with the projections made in October 2024. The World Bank has kept its 2024 economic growth projection for El Salvador at 2.9% and is … Read more