
El Salvador remains highly dependent on family remittances, which in 2024 represented 24% of its Gross Domestic Product (GDP), according to the results of the eighth survey of the Salvadoran population in the United States presented by the Network of Researchers of the Banco Central de Reserva (REDIBACEN).
The study confirms that salvadorans residing in the United States continue to be a fundamental pillar of the national economy. According to the data, four out of every five Salvadoran migrants sent remittances during 2023, a proportion that has remained stable and demonstrates the structural nature of these flows for household sustenance.

The research indicates that the salvadoran population in the United States represents 26% of the country’s total population and that this group generates more than 90% of all remittances entering the salvadoran economy, solidifying its role as one of the main drivers of domestic consumption.
A key finding of the study is the shift in the channels used for sending remittances. The survey identified an increase in the use of digital platforms, reflecting greater adoption of electronic means for transferring money. Likewise, an increase in cash remittances was recorded, representing 3.9% of the total, a component that is gaining importance for economic and statistical analysis.

On average, salvadoran remittances are 44 years old, earn a monthly income of approximately US$3,900, and send around US$414—figures that illustrate the magnitude and regularity of these flows to the country.
While the study addresses multiple migration and sociodemographic variables, its results confirm that remittances continue to be a key factor in economic stability, while also providing strategic information for the design of public policies, financial inclusion, and economic planning in El Salvador.
You can also read:
