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Foreign Trade In Services (As % of GDP) rose 24.1% to 18.3% in El Salvador in 2021

Foreign Trade In Services (As % of GDP) (%), 2021
Economy | El Salvador | February 1, 2023
$2.99
Excel Sheet

Foreign trade in services as a share of GDP rose 24.1% to 18.3% in El Salvador in 2021, according to the National Statistical Office.

Historically, foreign trade in services as a share of GDP in El Salvador reached an all time high of 19.8% in 2019 and an all time low of 10.9% in 1995. When compared to El Salvador's main peers, foreign trade in services as a share of GDP in Costa Rica amounted to 21.1%, 8.13% in Guatemala, 18.6% in Honduras and 13.5% in Nicaragua in 2021.

El Salvador has been ranked 63rd within the group of 139 countries we follow in terms of foreign trade in services as a share of GDP, 33 places above the position seen 10 years ago.

Foreign Trade In Services (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Belize % 32.4% 32.8% 35.6% 37.1% 37.7%
Costa Rica % 19.1% 20.3% 20.5% 22.4% 24.1%
El Salvador % 17.0% 17.7% 17.5% 18.4% 19.8%
Guatemala % 10.3% 10.0% 9.64% 9.88% 9.49%
Honduras % 22.0% 20.9% 20.8% 21.4% 21.5%
Mexico % 4.74% 5.31% 5.58% 5.64% 5.62%
Nicaragua % 17.9% 18.0% 18.8% 17.8% 17.7%
Panama % 30.9% 29.5% 28.9% 28.9% 28.8%
USA % 6.96% 6.94% 7.12% 6.97% 6.94%