The International Monetary Fund (IMF) projects that El Salvador’s economy will grow by 2.47% in 2025, according to its most recent World Economic Outlook report. This estimate represents a reduction of 0.6 percentage points from the 3% forecast in the previous report.

The adjustment comes against a backdrop of growing global uncertainty, marked by trade tensions, geopolitical fragmentation, and tighter financial conditions. Despite this adverse scenario, the salvadoran government continues to implement a fiscal adjustment program within the framework of an agreement with the IMF for US$1.4 billion, which seeks to strengthen the country’s macroeconomic stability.
The IMF projection differs slightly from the World Bank’s projections for El Salvador, announced in january 2025, estimating growth of 2.7% for 2025 and 2.5% for 2026. These figures show a slight difference, which in the next World Bank report is expected to be similar after the current global trade obstacles.

At the regional level, the IMF forecasts that Central America will grow by 3.9% in 2025, a figure higher than the average for Latin America and the Caribbean. However, growth in the latter region was revised downward from 2.5% to 2%, due to the complicated global economic environment.
The Latin American economy will face a slight recovery in 2026, when the regional Gross Domestic Product (GDP) is expected to grow by 2.4%, a rate that coincides with that recorded in 2024. This moderate recovery will depend on the evolution of global trade and the stability of financial markets.
