Services balance (credit less debit), Net (credits less debits) in El Salvador
El Salvador: Services balance (credit less debit), Net (credits less debits) was 2.74 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in El Salvador, 2005–2024
Source: International Monetary Fund.
Analysis
El Salvador recorded 2.74 billion for services balance (credit less debit), net (credits less debits) in 2024. That is the highest value across all 20 years on record.
That represents a change of up 11.9% on the previous year and up 215.7% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in El Salvador peaked at 2.74 billion in 2024 and was at its lowest, 223.57 million, in 2008.
That places El Salvador 47th out of 197 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in El Salvador, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 363.31 million | — |
| 2006 | 284.07 million | -21.8% |
| 2007 | 234.40 million | -17.5% |
| 2008 | 223.57 million | -4.6% |
| 2009 | 308.33 million | +37.9% |
| 2010 | 398.31 million | +29.2% |
| 2011 | 449.07 million | +12.7% |
| 2012 | 531.27 million | +18.3% |
| 2013 | 670.84 million | +26.3% |
| 2014 | 868.00 million | +29.4% |
| 2015 | 959.33 million | +10.5% |
| 2016 | 807.54 million | -15.8% |
| 2017 | 733.47 million | -9.2% |
| 2018 | 881.95 million | +20.2% |
| 2019 | 1.30 billion | +47.0% |
| 2020 | 694.88 million | -46.4% |
| 2021 | 806.41 million | +16.0% |
| 2022 | 1.55 billion | +92.4% |
| 2023 | 2.45 billion | +57.8% |
| 2024 | 2.74 billion | +11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 282.74 million | 223.57 million | 363.31 million | 5 |
| 2010s | 759.65 million | 398.31 million | 1.30 billion | 10 |
| 2020s | 1.65 billion | 694.88 million | 2.74 billion | 5 |
Countries ranked near El Salvador
More financial sector data for El Salvador
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 22.4 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0865 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 498.75 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 21.04 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 523.37 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 23.8 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 552.49 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 23.71 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 552.09 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 16.73 % change on previous year (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in El Salvador?
- Services balance (credit less debit), net (credits less debits) in El Salvador was 2.74 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in El Salvador?
- The highest recorded value was 2.74 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in El Salvador?
- The lowest recorded value was 223.57 million in 2008.
- How does El Salvador rank for services balance (credit less debit), net (credits less debits)?
- El Salvador ranks 47th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in El Salvador?
- Over the last ten years it is up 215.7%. 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 Services 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.