El Salvador: Trade (% of GDP)
In , El Salvador's Trade (% of GDP) was 84.66.
That's up 3.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . El Salvador ranks #75 globally out of 160 reporting countries. Within Latin America & Caribbean, it ranks #7 of 24.
Source: World Bank Open Data (NE.TRD.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
- 88.70
- Trough
- 66.07
- 1-year change
- +3.6%
- 5-year change
- +11.3%
- +2.2% / yr
- 10-year change
- +8.4%
- +0.8% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 84.6596 | |
| 81.7148 | |
| 88.7011 | |
| 81.8451 | |
| 66.4595 | |
| 76.0420 | |
| 75.6336 | |
| 74.3047 | |
| 72.8191 | |
| 76.5603 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was El Salvador's Trade (% of GDP) in 2024?
- In 2024, El Salvador's Trade (% of GDP) was 84.66, according to World Bank Open Data.
- Is El Salvador's Trade (% of GDP) rising or falling?
- El Salvador's Trade (% of GDP) rose 3.6% from 2023 to 2024.
- How does El Salvador rank globally on Trade (% of GDP)?
- In 2024, El Salvador ranked #75 out of 160 countries reporting Trade (% of GDP).
- How does El Salvador's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so El Salvador is below the world average. Within Latin America & Caribbean, it ranks #7 of 24.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS), CC BY 4.0.