El Salvador - Tasso di Crescita annuale del PIL

The economy of El Salvador advanced 1.8% year-on-year in the second quarter of 2019, following an upwardly revised 2.5% expansion in the prior period. It is the weakest growth since Q2 2017, amid slower rises in manufacturing (0.7% vs 1.1% in Q1); electricity supply (3.9% vs 10.8%); construction (8.2% vs 9.3%); wholesale & retail trade (2% vs 2.1%) and transport & storage (1.5% vs 1.6%). In addition, output shrank in professional, scientific and technical activities (-12.2% vs 4.6%); health & social assistance (-1.1% vs 4.2%) and public administration (-1.4% vs 2.2%). In contrast, the best performing sectors were finance & insurance (4.5%, the same pace as in Q1); food & accommodation services (5.5% vs 2.6%); mining (3.9% vs 2.2%); water supply (4.5% vs -1.8%); real estate activities (3.4% vs 2.7%); administrative services (3.7% vs 3.4%) and agriculture (1.4% vs -0.4%). On a seasonally adjusted quarter basis, the GDP went up 0.3%, after an upwardly revised 0.2% rise in Q1.

The economy of El Salvador advanced 2.3 percent year-on-year in the first quarter of 2019, following a 2.2 percent expansion in the previous period. Public spending grew 2.5 percent, after shrinking 0.5 percent in the last quarter of 2018; and both household consumption (4.7 percent from 1.8 percent in Q4) and gross fixed capital formation expanded further (9.7 percent from 1.2 percent). Exports rose 5.5 percent (vs 2.2 percent in Q4) and imports advanced at a faster 7.3 percent (vs 2.6 percent in Q4).

The economy of El Salvador expanded 2.2 percent year-on-year in the last three months of 2018, the same as in the previous period, mainly due to a rebound in exports (2.2 percent compared to -0.8 percent in Q3) and a slowdown in imports (2.6 percent compared to 8.9 percent). On the other hand, softer increases were seen for private spending (1.8 percent compared to 4.9 percent) and gross fixed capital formation (1.2 percent compared to 12.5 percent) while public expenditure contracted (-0.5 percent compared to 1.5 percent). On a quarterly basis, the economy advanced 1.1 percent, higher than 0.6 percent in Q3. Considering full 2018, the economy expanded 2.5 percent, above 2.3 percent in 2017.