Current account balance (credit less debit), Net (credits less) in El Salvador
El Salvador: Current account balance (credit less debit), Net (credits less) was -632.55 million in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in El Salvador, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in El Salvador is -632.55 million, measured in 2024.
Compared with earlier readings it is down 72.0% on the previous year and up 47.9% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in El Salvador peaked at 276.70 million in 2020 and was at its lowest, -2.14 billion, in 2022.
That places El Salvador 116th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in El Salvador, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -621.59 million | — |
| 2006 | -765.56 million | +23.2% |
| 2007 | -1.22 billion | +58.9% |
| 2008 | -1.53 billion | +25.9% |
| 2009 | -312.20 million | -79.6% |
| 2010 | -532.82 million | +70.7% |
| 2011 | -1.11 billion | +108.7% |
| 2012 | -1.24 billion | +11.5% |
| 2013 | -1.52 billion | +22.5% |
| 2014 | -1.21 billion | -20.1% |
| 2015 | -753.76 million | -37.9% |
| 2016 | -550.12 million | -27.0% |
| 2017 | -464.59 million | -15.5% |
| 2018 | -859.15 million | +84.9% |
| 2019 | -113.36 million | -86.8% |
| 2020 | 276.70 million | -344.1% |
| 2021 | -1.25 billion | -551.9% |
| 2022 | -2.14 billion | +71.4% |
| 2023 | -367.83 million | -82.8% |
| 2024 | -632.55 million | +72.0% |
El Salvador compared with similar countries
- El Salvador's -632.55 million is below the median for upper middle income countries, which is -494.28 million, 1.3× the median. (54 countries reporting)
- El Salvador's -632.55 million is below the median for Latin America & Caribbean, which is -169.22 million, 3.7× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in El Salvador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | -551.9% | 276.70 million | -1.25 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -889.62 million | -1.53 billion | -312.20 million | 5 |
| 2010s | -835.74 million | -1.52 billion | -113.36 million | 10 |
| 2020s | -823.57 million | -2.14 billion | 276.70 million | 5 |
Countries ranked near El Salvador
- 113 Estonia -542.86 million compare
- 114 East Timor -587.48 million compare
- 115 Sierra Leone -606.36 million compare
- 117 Uruguay -632.87 million compare
- 118 Albania -647.91 million compare
- 119 New Caledonia -654.24 million compare
More financial sector data for El Salvador
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1980)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (1980)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (1980)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1980)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in El Salvador?
- Current account balance (credit less debit), net (credits less debits) in El Salvador was -632.55 million in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in El Salvador?
- The highest recorded value was 276.70 million in 2020.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in El Salvador?
- The lowest recorded value was -2.14 billion in 2022.
- How does El Salvador rank for current account balance (credit less debit), net (credits less debits)?
- El Salvador ranks 116th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in El Salvador?
- Over the last ten years it is up 47.9%. The long-run trend across the full record is volatile.
- Where does this El Salvador data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.