Economy and Business
El Salvador’s Basic Food Basket: Urban Cost Rises to $259.95, and Rural Basket to $189.56 in June
The price of the urban basic food basket (CBA) reached $259.95 in June, according to data from the National Office of Statistics and Censuses (ONEC), a branch of the Central Reserve Bank (BCR). June’s food basket cost is $6.89, or … Read more
El Salvador Credit Ratings: Current Ratings and the Country’s Economic Outlook
As of May 2026, El Salvador’s Credit Ratings are B- with a stable outlook from Fitch Ratings, B- with a stable outlook from Standard & Poor’s Global Ratings Agency, and B3 with a stable outlook from Moody’s. El Salvador Credit … Read more
The International Monetary Fund (IMF) Forecasts El Salvador’s Economy Will Grow by 3.3% in 2026
The International Monetary Fund (IMF) projects that El Salvador’s economy will grow by 3.3% 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 … Read more
World Bank Economic Outlook for El Salvador: 3.2% Growth Forecast for 2026
The World Bank projects El Salvador’s economy will grow by 3.2% in 2026, placing the country above the expected average growth rate for Latin America and the Caribbean. The latest forecast represents an improvement from the Bank’s previous outlook. In … Read more
Central Reserve Bank (BCR) Forecasts El Salvador’s Economy Will Grow Between 3% and 3.5% in 2026
The Central Reserve Bank (BCR) projects El Salvador’s economy will grow between 3% and 3.5% in 2026, supported mainly by investment, tourism, and international events taking place across the country. According to the BCR, these domestic economic drivers are expected … Read more
Minimum Wage in El Salvador: Understanding the Economic Realities of Salvadorans
The minimum wage in El Salvador is a controversial issue, as it significantly affects the livelihoods and economic stability of most Salvadorans. Fair wages are crucial for reducing poverty and enhancing the quality of life. However, in El Salvador, the … Read more
The Role of Remittances in Shaping El Salvador’s Economy
Remittances are more than money transfers in El Salvador—they are lifelines. Every dollar sent home represents survival, stability, and sacrifice, shaping both households and the nation’s economic trajectory. For decades, Salvadorans living abroad, especially in the United States, have supported … Read more