Life in El Salvador
El Salvador’s Challenges and Concerns: What Concerns Salvadorans the Most in 2024?
It is 2024, an election year in El Salvador. The spotlight has been and will continue to be on President Bukele’s inevitable re-election and the democratic direction of the country; however, this political landscape is not a primary concern for most Salvadorans. El Salvador’s challenges and concerns in 2024 are … Read more
El Salvador’s Exports Dropped by $617.02 Million in 2023, the Worst Decline Since 2020
According to the Salvadoran Reserve Bank (BCR), El Salvador’s exports in 2023 were $6,498.09 million, a drop of 8.67% or $617.2 million less than the $7,115.11 it exported in 2022. Except for a growth spike in February, the country’s exports consistently posted negative numbers throughout the rest of the year. … Read more
Minimum Wage in El Salvador in 2024: Understanding the Economic Realities of Salvadorans
The minimum wage in El Salvador in 2024 per month is $365.00 for commerce, industrial, service, and sugar mill workers; $359.16 for maquila workers that manufacture textiles and clothing; $272.66 for coffee mill and Sugar cane harvesting workers; and $243.46 for agriculture, fishing, and coffee harvesting workers. The last minimum … Read more
Bukele Asks Salvadorans to Vote for New Ideas to Protect the Country’s Security Achievements
Yesterday, Nayib Bukele released a one-minute video on the X social media platform asking that Salvadorans vote for the New Ideas political party to protect the country’s security achievements. Bukele noted that on this February 4 Legislative election, Salvadorans must protect the country’s security achievements by voting for New Ideas … Read more
The Salvadoran Central Reserve Bank Confirms the Circulation of $0.50 Coins and $2 Bills
Despite not being so common, the Salvadoran Central Reserve Bank (BCR) stated that $0.50 coins and $2 bills are currencies are legal tenders that can be used throughout the Salvadoran territory. The $0.50 coin, commonly referred to as “a half dollar,” possesses a silver coloring, and it is larger than … Read more
All 2024 Election Polls Show Nayib Bukele and the New Ideas Political Party With a Monumental Lead
January 19 marks the last day for publicizing election poll surveys. Four surveys have been released since January 15; all show a decisive win for Nayib Bukele and the New Ideas political party in the upcoming February 4 elections. The survey results unmistakably indicate Nayib Bukele’s triumph in the presidential … Read more
The World Bank Predicts El Salvador’s Economy Will Grow by 2.3% in 2024
On January 9, 2024, the World Bank released its Global Economic report and predicted that El Salvador’s economy will grow by 2.3% in 2024, which is the lowest economic growth outlook in Central America. The World Bank’s projection for El Salvador is lower than that announced by the Central Reserve … Read more
