A. M. 
The Economic Commission for Latin America and the Caribbean (ECLAC) projects economic growth of 3% for El Salvador in 2024 and 2025. This new estimate marks a reduction compared to the 3.5% forecast last october, when the organization had improved its initial projection of 3% raised in may.
According to the Banco Central de Reserva (BCR) of El Salvador, the Salvadoran Gross Domestic Product (GDP) will grow between 3.5% and 4% this year. These figures reflect a positive performance despite global economic conditions.
At the regional level, ECLAC forecasts growth of 2.8% for Central America in 2024 and 2.9% in 2025. In the Central American context, Costa Rica will lead economic growth with 4.1% in 2024 and 3.8% in 2025. It will be followed by Nicaragua with 3.7%, Honduras with 3.6% and Guatemala with 3.5% in 2024. However, by 2025, a slight slowdown is expected in these economies.
El Salvador’s growth prospects are framed within a context of global economic challenges, but the country maintains a prominent position in the region. Public policy efforts and investment attraction will be key to sustain these figures in the coming years.
