Economy and Business
El Salvador Bitcoin Holdings: Government Raises Reserves to 7,792 Coins, Worth About $659.4 Million
El Salvador continues to acquire Bitcoin for its strategic reserves, holding 7,792.37 Bitcoins with a current economic value of approximately $659.4 million—$84,616 per coin at today’s prices. The National Bitcoin Office of El Salvador (ONBTC) published the country’s latest acquisition … Read more
Remittances to El Salvador Increased by 3.8% Through August 2026, Driven by U.S.A. Contributions
Remittances to El Salvador remain a key driver of the country’s economy. In August alone, Salvadorans living abroad sent $863.4 million, a 4.7% increase compared to August 2025, representing about $38.5 million more in inflows. The overall remittances trend remains … Read more
El Salvador’s Exports up 3.2% Through August 2026
The Central Reserve Bank of El Salvador (BCR) reports that Salvadoran exports have increased by 3.2% in 2026. Thus far this year, Salvadoran companies have exported goods worth $4.5 billion, up $139.7 million from the same period last year. In … Read more
El Salvador’s Basic Food Basket: Urban Cost Rises to $264.74, and Rural Basket to $189.63 in August
The price of the urban basic food basket (CBA) reached $264.74 in August 2026, according to data from the National Office of Statistics and Censuses (ONEC), a branch of the Central Reserve Bank (BCR). Compared with the previous month, the … Read more
Inflation Rate in El Salvador Increases to 3.19% in August 2026, Latest Data Shows
The inflation rate in El Salvador incresed to 3.19% in August 2026, marking the highest level this year and the highest in three years, according to data from the Central Reserve Bank (BCR). The rate represented an increase of 0.70 … 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