Economy and Business
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
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
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 Legal Currency: From the Colón to Dollarization and Bitcoin
El Salvador’s legal currency is an important topic for travelers and business visitors to understand, as the country recognizes the U.S. dollar, Bitcoin, and the Salvadoran colón as legal tender. Key questions to know the answer to include: What currency … Read more
El Salvador Economy: Growth, Key Industries, Trade, and Future Outlook
El Salvador’s economy has changed significantly over the past few decades, evolving from one driven mainly by agriculture into a more diversified economy supported by services, manufacturing, remittances, tourism, and growing investment. Today, the Salvadoran economic performance is shaped by … 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