El Salvador: Imports of goods and services (% of GDP)
In , El Salvador's Imports of goods and services (% of GDP) was 51.90.
That's up 3.1% from 2023, the highest value since .
The global average for this indicator in 2024 was 47.94 . El Salvador ranks #63 globally out of 160 reporting countries. Within Latin America & Caribbean, it ranks #6 of 24.
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 56.27
- Trough
- 41.93
- 1-year change
- +3.1%
- 5-year change
- +12.6%
- +2.4% / yr
- 10-year change
- +6.9%
- +0.7% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 51.8989 | |
| 50.3176 | |
| 56.2676 | |
| 53.0636 | |
| 41.9327 | |
| 46.0861 | |
| 46.6992 | |
| 45.2749 | |
| 44.3605 | |
| 47.0741 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was El Salvador's Imports of goods and services (% of GDP) in 2024?
- In 2024, El Salvador's Imports of goods and services (% of GDP) was 51.90, according to World Bank Open Data.
- Is El Salvador's Imports of goods and services (% of GDP) rising or falling?
- El Salvador's Imports of goods and services (% of GDP) rose 3.1% from 2023 to 2024.
- How does El Salvador rank globally on Imports of goods and services (% of GDP)?
- In 2024, El Salvador ranked #63 out of 160 countries reporting Imports of goods and services (% of GDP).
- How does El Salvador's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so El Salvador is above the world average. Within Latin America & Caribbean, it ranks #6 of 24.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.