During the press conference “Regional Economic Outlook for the Americas, April 2025”, the International Monetary Fund (IMF) reaffirmed its growth projections for El Salvador, estimating a 2.5% expansion for both this year and 2026. These figures represent a slight upward correction compared to the previous report released this week, which placed salvadoran growth at 2.47%.

The IMF emphasized that, although the country maintains a moderate growth rate, the Salvadoran economy continues to advance in a regional context marked by contrasts. In Central America, El Salvador ranks below economies such as Guatemala, which leads with 4.1%, followed by Panama and the Dominican Republic with 4.0%, Costa Rica with 3.4%, Honduras with 3.3%, and Nicaragua with 3.2%.
At the Latin American level, the report warns that the region will experience a slowdown in growth, falling from 2.4% in 2024 to 2.0% in 2025. The main economic driver remains consumption, while investment remains weak. In contrast to El Salvador, countries like Argentina will surprise with growth of 5.5%, while Mexico will enter a recession with a -0.3%.

The IMF warned that disinflation has slowed due to rising import prices and the depreciation of local currencies, which complicates the work of central banks in their monetary policy. In this scenario, many are expected to adopt more conservative stances or pause rate cuts.