El Salvador starts 2025 with positive economic expectations, supported by a projected growth of 3%, according to the Banco Central de Reserva (BCR). This forecast stands out in a regional context where Latin America and the Caribbean anticipate a 2.5% expansion for this year, according to the report shared this week by the World Bank.
The BCR’s estimate is driven by the execution of large public and private investment projects, as well as by the dynamism of tourism, a sector that has grown thanks to improvements in security and the country’s international promotion strategy.
Added to this is a more robust commercial activity, factors that strengthen the national economic outlook.
According to Invest in El Salvador, the improvements in the country risk rating and the favorable conditions generated by El Salvador have been recognized internationally. These conditions have contributed to the confidence of investors and the support of organizations such as the International Monetary Fund (IMF), which last october revised upwards its growth estimate for the country.
In the regional context, it highlights that growth in Latin America will be supported by the normalization of interest rates and the fall in inflation, although it warns that China’s moderate growth could limit the demand for key raw materials. However, for El Salvador, commodity prices are shaping up to be a supportive factor for its exports.
With this outlook, El Salvador is positioned as one of the countries with an outstanding economic performance in the region, reinforcing its path towards sustained growth.