Constant GDP per capita for El Salvador
NYGDPPCAPKDSLV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,585.23
Year-over-Year Change
27.32%
Date Range
1/1/1965 - 1/1/2024
Summary
This economic trend measures the constant GDP per capita for El Salvador, which is a key indicator of a country's economic development and living standards.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Constant GDP per capita is a measure of a country's economic output adjusted for population size and inflation, providing a more accurate assessment of changes in living standards over time. It is a widely used metric for evaluating a country's economic progress and comparing it to other nations.
Methodology
The data is calculated by the World Bank using national accounts and population data.
Historical Context
Policymakers and economists use this trend to inform economic and social policies aimed at improving a country's standard of living.
Key Facts
- El Salvador's constant GDP per capita was $4,127 in 2021.
- Constant GDP per capita in El Salvador has increased by 23% since 2010.
- El Salvador's constant GDP per capita is lower than the global average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the constant GDP per capita for El Salvador, which is a measure of the country's economic output adjusted for population size and inflation.
Q: Why is this trend relevant for users or analysts?
A: Constant GDP per capita is a widely used metric for evaluating a country's economic progress and living standards, making it relevant for policymakers, economists, and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and population data.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to inform economic and social policies aimed at improving a country's standard of living.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, and there may be some delays in the availability of the most recent figures.
Related Trends
Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for El Salvador
SLVFCBODUNUM
Number of Identified Exporters to El Salvador from Oregon
ORSLVA475SCEN
Bank Non-Performing Loans to Gross Loans for El Salvador
DDSI02SVA156NWDB
Gross Portfolio Equity Liabilities to GDP for El Salvador
DDDM08SVA156NWDB
Number of Identified Exporters to El Salvador from Wyoming
WYSLVA475SCEN
General Government Primary Net Lending/Borrowing for El Salvador
SLVGGXONLBGDP
Citation
U.S. Federal Reserve, Constant GDP per capita for El Salvador (NYGDPPCAPKDSLV), retrieved from FRED.