El Salvador vs Grenada: Economic Indicators Comparison

El Salvador with a GDP of $26.1B ranked the 107th largest economy in the world, while Grenada ranked 183rd with $1.2B. By GDP per capita, El Salvador and Grenada ranked 121st vs 70th, respectively.

Gross Domestic Product & Income

Stat	El Salvador	Grenada
GDP	$26.1B	$1.2B
GDP growth, 1 year	2.5%	4.18%
GDP growth, 5-years average	2.3%	N/A
Population	6.4M	108k
GDP per capita	$4.1k	$11k
GDP per capita growth	2.02%	3.64%
Purchasing Power Parity conversion factor	0.49	1.85
Price level ratio of PPP conversion factor GDP to market exchange rate	0.49	0.68
GDP per capita, PPP adjusted	$8k	$16k
GNI, Atlas method	$24.5B	$1.1B
GNI per capita	$3.8k	$9.7k
GNI, PPP adjusted	$50.5B	$1.6B
GNI per capita, PPP adjusted	$7.9k	$14k

Financial system and Human development

Stat	El Salvador	Grenada
Income Tax Rate	30%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	1.1%	0.8%
Inflation, GDP deflator	1.9%	1%
Unemployment	4.4%	22.9%
Economic Freedom Index	61.6	63
Personal Freedom Index	7.27	6
Human Freedom Index	7.4	6
Property Rights Index	41.6	N/A
Judical Effectiveness Index	30.1	N/A
Business Freedom Index	53.6	N/A
Fiscal Health Index	80	N/A
Labor Freedom Index	52.3	N/A
Investment Freedom Index	70	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	80.8	N/A
Monetary Freedom Index	78.6	N/A
Government Spending Index	82.8	N/A
Tax Burden Index	77.8	N/A
Government Integrity Index	31.6	N/A
Corruption Perceptions Index	35	52
Life expectancy at birth, years	72.9	72.4
Suicide mortality rate, per 100,000 people	13.7	1.7
Mortality caused by road traffic injury, per 100,000 people	22.2	9.3
Intentional homicides, per 100,000 people	61.8	11.1
International tourism, number of arrivals	1.7M	185k

Government debt & reserves

Stat	El Salvador	Grenada
Central government debt, % of GDP	67.1%	N/A
External debt stocks, % of GNI	71.1%	58.8%
External debt stocks	$17.5B	$644.9M
Short-term debt, % of total reserves	58%	50.4%
Total debt service, % of exports and primary income	45.8%	8.4%
Adjusted net savings including particulate emission damage, % of GNI	6.4%	N/A
Gross savings, % of GDP	15.7%	N/A
Gross capital formation, % of GDP	20.4%	N/A
Total reserves including gold	$3.6B	$233.8M
Foreign direct investment net inflows	$426.8M	$153.7M

Exports, imports and economic structure

Stat	El Salvador	Grenada
Exports of goods and services, % of GDP	28.9%	54.2%
Imports of goods and services, % of GDP	48.6%	55.2%
Current account balance (balance of payments)	-$1.2B	-$116.3M
Revenue excluding grants, % of GDP	25.1%	N/A
Grants excluding technical cooperation, BoP	$263.7M	$250k
Personal remittances received	$5.4B	$48.5M
Industry including construction value added, % of GDP	25.3%	13.3%
Agriculture, forestry and fishing value added, % of GDP	4.9%	5.2%
Charges for the use of intellectual property, payments BoP	$98.8M	$9.3M
Charges for the use of intellectual property, receipts BoP	$23M	$56k
Expense, % of GDP	24.9%	N/A
Government Expenditure, % of GDP	23.9%	N/A