Business and Economy
El Salvador Bitcoin Holdings: Government Raises Reserves to 7,699 Coins, Worth About $464.6 Million
El Salvador continues to acquire Bitcoin for its strategic reserves, holding 7,699.37 Bitcoins with a current economic value of approximately $464.6 million—$60,345 per coin at today’s prices. The National Bitcoin Office of El Salvador (ONBTC) published the country’s latest acquisition … Read more
El Salvador Posts 4.8% Economic Growth in First Quarter, Fueled by Construction
El Salvador’s economy expanded 4.8% during the first quarter of 2026 compared with the same period a year earlier, driven largely by strong growth in construction and broad-based gains across most productive sectors. The country’s gross domestic product totaled $9.26 … Read more
Remittances to El Salvador Increased by 5.9% Through May 2026, Driven by U.S.A. Contributions
Remittances to El Salvador continue to boost the country’s economy. In May alone, Salvadorans abroad sent $923.1 million, a 2.7% increase—about $24 million more than the same month in 2025. The upward trend is also reflected in cumulative figures, with … Read more
El Salvador’s Exports Up 2.9% Through 2026, Despite a Drop in May
The Central Reserve Bank of El Salvador (BCR) reports that Salvadoran exports have increased by 2.9% in 2026, despite a decline registered in May. Thus far this year, Salvadoran companies have exported goods worth $2.8 billion, up $78.4 million from … Read more
El Salvador’s Basic Food Basket: Urban Cost Rises to $258.22, Rural Basket Falls to $185.51 in May
The price of the urban basic food basket (CBA) reached $258.22 in May, according to data from the National Office of Statistics and Censuses (ONEC), a branch of the Central Reserve Bank (BCR). May’s food basket cost was $10.00, or … Read more
Inflation Rate in El Salvador Reaches 2.53 in May 2026, the Highest Level So Far for the Year
SAN SALVADOR, El Salvador — The inflation rate in El Salvador hit 2.53% in May 2026, marking the highest level this year and the highest since October 2023, according to data from the Central Reserve Bank (BCR). The rate represented … 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