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According to the most recent data from the Banco Central de Reserva (BCR), when evaluating labor productivity by sector in El Salvador, the agricultural sector shows a productivity that is equivalent to 39% of the national average.
In contrast, the industrial sector registers the highest productivity, exceeding the average by 122%, while the services sector reaches 112% above the average.
Increasing productivity allows El Salvador to better compete in international markets. Productive companies can offer lower prices and better-quality products, which makes them more attractive to global consumers.
Of the 2.6 million salvadorans employed, 17.7% work in industry, 19.4% in agriculture, and 62.9% in services.
Within services, 4 of the 21 subsectors have a productivity below the national average, such as: “Commerce and vehicle workshops”, the subsector with the most jobs, has a productivity of 60%, reflecting informal employment.
Translated by: A.M