El Salvador vs Guatemala: Economic Indicators Comparison

Guatemala with a GDP of $78.5B ranked the 70th largest economy in the world, while El Salvador ranked 107th with $26.1B. By GDP 5-years average growth and GDP per capita, Guatemala and El Salvador ranked 69th vs 119th and 112th vs 121st, respectively.

Gross Domestic Product & Income

StatEl SalvadorGuatemala
GDP$26.1B$78.5B
GDP growth, 1 year2.5%3.1%
GDP growth, 5-years average2.3%3.5%
Population6.4M17.3M
GDP per capita$4.1k$4.5k
GDP per capita growth2.02%1.15%
Purchasing Power Parity conversion factor0.494.04
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.54
GDP per capita, PPP adjusted$8k$8.4k
GNI, Atlas method$24.5B$75.9B
GNI per capita$3.8k$4.4k
GNI, PPP adjusted$50.5B$143.4B
GNI per capita, PPP adjusted$7.9k$8.3k

Financial system and Human development

StatEl SalvadorGuatemala
Income Tax Rate30%31%
Corporate Tax Rate30%31%
Inflation, consumer prices1.1%3.8%
Inflation, GDP deflator1.9%2.9%
Unemployment4.4%2.7%
Economic Freedom Index61.664
Personal Freedom Index7.277.14
Human Freedom Index7.47.21
Property Rights Index41.645.5
Judical Effectiveness Index30.132.2
Business Freedom Index53.662.6
Fiscal Health Index8095.7
Labor Freedom Index52.348.4
Investment Freedom Index7070
Financial Freedom Index6050
Trade Freedom Index80.882.2
Monetary Freedom Index78.677.4
Government Spending Index82.895.6
Tax Burden Index77.879.2
Government Integrity Index31.629.6
Corruption Perceptions Index3527
Life expectancy at birth, years72.973.8
Suicide mortality rate, per 100,000 people13.72.7
Mortality caused by road traffic injury, per 100,000 people22.216.6
Intentional homicides, per 100,000 people61.826.1
International tourism, number of arrivals1.7M1.8M

Government debt & reserves

StatEl SalvadorGuatemala
Central government debt, % of GDP67.1%24.5%
External debt stocks, % of GNI71.1%29%
External debt stocks$17.5B$22.3B
Short-term debt, % of total reserves58%7.3%
Total debt service, % of exports and primary income45.8%26.7%
Adjusted net savings including particulate emission damage, % of GNI6.4%1.9%
Gross savings, % of GDP15.7%13.4%
Gross capital formation, % of GDP20.4%12.1%
Total reserves including gold$3.6B$12.6B
Foreign direct investment net inflows$426.8M$1.1B

Exports, imports and economic structure

StatEl SalvadorGuatemala
Exports of goods and services, % of GDP28.9%18.1%
Imports of goods and services, % of GDP48.6%27.7%
Current account balance (balance of payments)-$1.2B$665M
Revenue excluding grants, % of GDP25.1%11%
Grants excluding technical cooperation, BoP$263.7M$342.5M
Personal remittances received$5.4B$9.4B
Industry including construction value added, % of GDP25.3%24.6%
Agriculture, forestry and fishing value added, % of GDP4.9%10%
Charges for the use of intellectual property, payments BoP$98.8M$209.8M
Charges for the use of intellectual property, receipts BoP$23M$700k
Expense, % of GDP24.9%11.8%
Government Expenditure, % of GDP23.9%12.1%

Compare with countries close by GDP per capita

El Salvador vs

CountryGDP
per capita
Population
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M

Guatemala vs

CountryGDP
per capita
Population
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M