Economy and Business
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 Bitcoin Holdings: Government Raises Reserves to 7,761 Coins, Worth About $604.1 Million
El Salvador continues to acquire Bitcoin for its strategic reserves, holding 7,761.37 Bitcoins with a current economic value of approximately $604.1 million—$77,839 per coin at today’s prices. The National Bitcoin Office of El Salvador (ONBTC) published the country’s latest acquisition … 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’s Basic Food Basket: Urban Cost Rises to $261.49, and Rural Basket Drops to $186.51 in July
The price of the urban basic food basket (CBA) reached $261.49 in July 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
Remittances to El Salvador Increased by 3.7% Through July 2026, Driven by U.S.A. Contributions
Remittances to El Salvador remain a key driver of the country’s economy. In July alone, Salvadorans living abroad sent $864.3 million, a 1.0% decline compared to July 2025, representing about $8.6 million less in inflows. Despite the monthly decrease, the … Read more