Life in El Salvador
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 Traffic Accidents: Over 15,000 Cases and 964 Deaths Reported Thus Far in 2026
Over 15,000 traffic accidents were recorded in El Salvador during the first eight months of 2026, resulting in 964 deaths, according to data from the National Road Safety Observatory, which manages the Fund for Assistance to Victims of Traffic Accidents … 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