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Economy of El Salvador vs Israel compared: GDP & Debt

Updated on by Georank team

El Salvador has a GDP of $35.4B compared to $540B for Israel, ranking 105/197 and 29/197 by economy size, respectively.

El Salvador has $30.9B in government debt (87.5% of GDP), compared to $366B (67.6% of GDP) in Israel.

El Salvador vs Israel GDP by year

El Salvador
Israel
1x
Year GDP, current $
El Salvador Israel
2024 $35,364,960,000 $540,379,921,262
2023 $33,853,940,000 $512,184,638,999
2022 $31,870,120,000 $525,181,008,026
2021 $29,043,140,000 $489,851,549,972
2020 $24,921,190,000 $410,768,352,658
2019 $26,881,140,000 $400,645,216,359
2018 $26,020,850,000 $376,299,083,108
2017 $24,979,190,000 $358,451,839,053
2016 $24,191,430,000 $321,940,971,558
2015 $23,438,240,000 $303,469,434,072
2014 $22,593,470,000 $315,017,088,117
2013 $21,990,960,000 $298,478,070,673
2012 $21,386,150,000 $263,589,172,712
2011 $20,283,780,000 $268,094,998,225
2010 $18,447,920,000 $239,679,036,634
2009 $17,601,620,000 $213,403,181,853
2008 $17,986,890,000 $221,231,658,863
2007 $17,011,750,000 $184,681,214,673
2006 $15,999,890,000 $158,900,547,825
2005 $14,698,000,000 $147,519,922,009
2004 $13,724,810,900 $140,047,984,605
2003 $13,243,892,200 $131,408,914,824
2002 $12,664,190,300 $125,332,331,884
2001 $12,282,533,600 $135,002,039,613
2000 $11,784,927,700 $136,512,300,542
1999 $11,284,197,000 $121,417,185,062
1998 $10,936,669,900 $120,547,409,279
1997 $10,221,705,900 $119,459,826,347
1996 $9,586,327,800 $115,116,595,545
1995 $8,921,947,100 $105,497,418,059
1994 $7,679,384,000 $90,740,103,829
1993 $6,680,269,200 $79,855,877,174
1992 $5,813,399,300 $79,457,685,757
1991 $5,252,342,400 $70,998,755,007
1990 $4,817,542,204 $62,016,729,541
1989 $4,372,215,300 $52,443,479,454
1988 $4,189,880,000 $52,650,948,910
1987 $3,958,045,800 $43,049,543,635
1986 $3,771,663,200 $35,834,154,874
1985 $3,800,368,600 $28,905,736,367
1984 $3,661,683,400 $30,645,607,293
1983 $3,506,347,800 $32,675,755,462
1982 $3,399,189,100 $29,255,285,401
1981 $3,437,200,200 $26,882,009,819
1980 $3,573,959,900 $25,395,256,478
1979 $3,463,639,900 $22,609,741,060
1978 $3,127,960,000 $17,701,286,907
1977 $2,941,640,100 $18,257,113,904
1976 $2,328,280,100 $15,956,349,550
1975 $1,884,120,100 $16,141,767,373
1974 $1,665,880,000 $17,172,607,138
1973 $1,442,320,000 $11,902,574,259
1972 $1,263,720,000 $9,222,557,539
1971 $1,186,120,000 $7,052,544,000
1970 $1,132,920,000 $7,406,712,876
1969 $1,049,400,000 $6,297,852,761
1968 $1,009,760,100 $5,458,427,928
1967 $976,200,000 $4,762,386,783
1966 $929,520,000 $4,703,300,098
1965 $877,720,000 $4,329,084,429
1964 - $4,024,344,853
1963 - $3,535,949,089
1962 - $2,966,154,031
1961 - $3,708,586,471
1960 - $3,070,585,807

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/el-salvador/israel | CC BY

GDP per capita in El Salvador vs Israel by year

El Salvador
GDP per capita

GDP per capita, PPP
Israel
GDP per capita

GDP per capita, PPP
1x
Year Current $
El Salvador Israel
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,580 $13,264 $54,177 $57,236
2023 $5,365 $12,680 $52,004 $55,171
2022 $5,075 $11,876 $54,950 $53,619
2021 $4,643 $10,810 $52,271 $46,162
2020 $3,997 $9,393 $44,576 $40,955
2019 $4,320 $9,757 $44,251 $41,325
2018 $4,184 $9,204 $42,363 $40,190
2017 $4,020 $8,965 $41,138 $39,471
2016 $3,901 $8,456 $37,672 $38,189
2015 $3,790 $7,934 $36,213 $35,871
2014 $3,666 $7,504 $38,343 $34,816
2013 $3,582 $7,093 $37,034 $34,827
2012 $3,498 $6,708 $33,321 $32,484
2011 $3,331 $6,594 $34,523 $31,314
2010 $3,040 $6,248 $31,439 $29,456
2009 $2,910 $6,063 $28,508 $28,087
2008 $2,983 $6,175 $30,269 $28,084
2007 $2,831 $5,949 $25,721 $28,307
2006 $2,666 $5,695 $22,527 $26,385
2005 $2,447 $5,292 $21,287 $25,701
2004 $2,286 $4,998 $20,568 $26,078
2003 $2,208 $4,829 $19,643 $24,702
2002 $2,115 $4,672 $19,076 $26,101
2001 $2,058 $4,543 $20,966 $25,806
2000 $1,983 $4,422 $21,707 $25,766
1999 $1,908 $4,298 $19,823 $23,415
1998 $1,860 $4,171 $20,189 $22,927
1997 $1,749 $4,043 $20,469 $22,279
1996 $1,651 $3,880 $20,224 $21,672
1995 $1,548 $3,808 $19,026 $20,642
1994 $1,344 $3,591 $16,807 $19,478
1993 $1,180 $3,390 $15,179 $18,218
1992 $1,041 $3,171 $15,510 $17,553
1991 $956 $2,945 $14,346 $16,486
1990 $892 $2,856 $13,308 $15,721
1989 $825 - $11,608 -
1988 $806 - $11,853 -
1987 $777 - $9,853 -
1986 $755 - $8,335 -
1985 $776 - $6,829 -
1984 $763 - $7,369 -
1983 $745 - $7,960 -
1982 $735 - $7,258 -
1981 $752 - $6,795 -
1980 $787 - $6,549 -
1979 $773 - $5,972 -
1978 $712 - $4,797 -
1977 $684 - $5,053 -
1976 $553 - $4,516 -
1975 $457 - $4,672 -
1974 $413 - $5,085 -
1973 $366 - $3,631 -
1972 $329 - $2,930 -
1971 $316 - $2,298 -
1970 $309 - $2,490 -
1969 $293.4 - $2,189 -
1968 $290.1 - $1,947 -
1967 $288.4 - $1,735 -
1966 $282.4 - $1,789 -
1965 $274.3 - $1,689 -
1964 - - $1,626 -
1963 - - $1,486 -
1962 - - $1,294 -
1961 - - $1,697 -
1960 - - $1,452 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/el-salvador/israel | CC BY

El Salvador's GDP per capita is $5,580, ranking 116/197, compared to $54,177 in Israel, ranking 21/197. Adjusted for purchasing power (GDP per capita PPP), El Salvador ranks 120th at $13,264, while Israel ranks 36th at $57,236.

Economic indicators

El Salvador Israel
Gross domestic product
$35.4B
2024
$540B
2024
GDP rank
105/197
2024
29/197
2024
GDP growth
2.6%
2023-2024
0.87%
2023-2024
GDP per capita
$5,580
2024
$54,177
2024
GDP per capita rank
116/197
2024
21/197
2024
GDP per capita, PPP
$13,264
2024
$57,236
2024
GDP per capita PPP rank
120/197
2024
36/197
2024
Government debt
$30.9B
2024
$366B
2024
Debt-to-GDP ratio
87.5%
2024
67.6%
2024
Government debt per person
$4,883
2024
$36,645
2024
Government debt per person rank
81/185
2024
18/185
2024
Average annual personal income after taxes
$4,768
2026
$43,003
2026
Market capitalization of domestic companies n/a
$331B
2024
Number of millionaires n/a
179,905
2025
Number of billionaires n/a
41
2025
Income share by richest 10%
29.7%
2023
26.6%
2021
Income share by poorest 10%
1.9%
2023
2%
2021
Government expenditure, % of GDP
31.4%
2024
43.8%
2024
Consumer prices inflation
0.85%
2023-2024
3.07%
2023-2024
Central bank interest rate n/a
4.5%
2024
Unemployment rate
2.71%
2024
2.9%
2024
Population
6399793
10290887

Spending and national debt comparison by year

El Salvador
Spending

Debt
Israel
Spending

Debt
1x
Year % of GDP
El Salvador Israel
Government spending Government debt Government spending Government debt
2024 31.4% 87.5% 43.8% 67.6%
2023 30.5% 85.1% 39.3% 61.3%
2022 28.7% 83.7% 36.9% 60.3%
2021 31.1% 88% 40% 67.7%
2020 32.7% 95.4% 44.8% 71.1%
2019 27.8% 77.9% 38.7% 59.3%
2018 27.6% 77% 39.2% 60.1%
2017 28.1% 77.1% 38.3% 59.8%
2016 27.5% 75.2% 37.9% 61.7%
2015 27.1% 73.5% 37.6% 62.8%
2014 27.6% 71.8% 38.3% 64.9%
2013 28.5% 69.7% 39.7% 66%
2012 27.4% 70% 39.6% 66.9%
2011 25.3% 65.6% 39.3% 67.2%
2010 25.6% 66.8% 39.7% 69%
2009 26% 65.8% 41.4% 72.6%
2008 24.5% 54.2% 41.2% 70.2%
2007 22.8% 52.2% 40.2% 70.8%
2006 23.4% 52.6% 41.6% 77.7%
2005 22.4% 46.3% 42.3% 85.2%
2004 21.5% 46.8% 43% 88.3%
2003 22.6% 46% 45.4% 89.7%
2002 22.5% 43.8% 50% 87.2%
2001 21.7% 37.8% 46.1% 81.1%
2000 21% 29.6% 43.4% 77.2%
1999 19.7% 28% 53.6% 94.8%
1998 19.3% 25.7% 55% 101%
1997 18.6% 27.8% 52.6% 99.3%
1996 21% 28.5% 53.2% 100.3%
1995 18.6% 28% 52.8% 102.3%
1994 18.9% 30.5% 41.7% 110.2%
1993 18.5% 31.9% 42.2% 118.3%
1992 20.8% 36.4% 44.1% 119.6%
1991 18.5% 43.3% 34.4% 123.7%
1990 15.9% - 46.8% 138.3%
1989 - - 47.5% 147.4%
1988 - - 46.5% 145.4%
1987 - - 52.8% 143.2%
1986 - - 55.7% 162.5%
1985 - - 65.2% 199%
1984 - - - 284%
1983 - - - 260.5%
1982 - - 69.7% -
1981 - - 71.8% -
1980 - - 69.4% 154.3%
1979 - - 70.1% 155.5%
1978 - - 62.2% 133.6%
1977 - - 69.1% 142%
1976 - - 66.3% 97.4%
1975 - - 62% 85.1%
1974 - - - 79.8%
1973 - - - 62.1%
1972 - - - 63.9%
1971 - - - -
1970 - - 41.6% -
1969 - - 41.1% -
1968 - - 39.4% -
1967 - - 33.9% -
1966 - - 29.6% -
1965 - - 27.8% -
1964 - - 28.2% -
1963 - - 26.9% -
1962 - - 27.7% -
1961 - - 30.3% -
1960 - - 30.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/el-salvador/israel | CC BY

In 2024, El Salvador's government spending was $11.1B, accounting for 31.4% of its GDP, while Israel spent $237B, or 43.8% of GDP.

Debt-to-GDP ratio is 87.5% in El Salvador and 67.6% in Israel, ranking 36/185 and 62/185, respectively.

Government deficit by year

Deficit/surplus
El Salvador

Israel
1x
Year Deficit/surplus, % of GDP
El Salvador Israel
2024 -4.55% -8.26%
2023 -4.69% -5.06%
2022 -2.68% 0.32%
2021 -5.53% -3.37%
2020 -8.18% -10.7%
2019 -3.07% -3.79%
2018 -2.71% -3.56%
2017 -2.53% -1.13%
2016 -3.1% -1.79%
2015 -3.63% -1.21%
2014 -4.02% -2.29%
2013 -4.46% -4.06%
2012 -3.81% -4.46%
2011 -4.47% -3.43%
2010 -4.97% -3.72%
2009 -6.65% -6.53%
2008 -3.8% -3.5%
2007 -2.32% -0.43%
2006 -3.42% -0.95%
2005 -3.47% -2.74%
2004 -2.76% -3.4%
2003 -4.23% -5.03%
2002 -5.5% -8.22%
2001 -4.95% -4.06%
2000 -3.45% -0.8%
1999 -3.08% -6.26%
1998 -2.94% -7.99%
1997 -1.97% -4.84%
1996 -2.7% -5.97%
1995 -0.18% -4.28%
1994 -0.94% -5.62%
1993 -1.42% -5.62%
1992 -4.29% -8%
1991 -2.3% -7.04%
1990 -0.61% -9.67%
1989 - -9.03%
1988 - -7.57%
1987 - -7.47%
1986 - -7.51%
1985 - -14.2%
1984 - -
1983 - -
1982 - -13.8%
1981 - -23.5%
1980 - -19.6%
1979 - -16.7%
1978 - -14.7%
1977 - -20.3%
1976 - -19.4%
1975 - -19.6%
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -16%
1969 - -15.3%
1968 - -11.7%
1967 - -7.68%
1966 - -4.35%
1965 - -2.72%
1964 - -3.65%
1963 - -4.41%
1962 - -4.09%
1961 - -5.86%
1960 - -6.62%
1959 - -7.23%
1958 - -8.31%
1957 - -7.17%
1956 - -9.3%
1955 - -4.3%
1954 - -7.84%
1953 - -8.32%
1952 - -7.19%
1951 - -8.13%
1950 - -10.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-02-20).

GeoRank.org/economy/el-salvador/israel | CC BY

In 2024, El Salvador's government deficit, the difference between spending and revenue, was $1.61B, equivalent to 4.55% of GDP. This compares to Israel's deficit of $44.6B, or 8.26% of GDP.

Over the past 35 years, El Salvador recorded a fiscal deficit in 35 of those years, while Israel ran a deficit in 34 years. On average, El Salvador posted an annual deficit equal to 3.52% of GDP, compared to deficit of 4.5% of GDP for Israel.

Inflation comparison by year

Inflation
El Salvador

Israel
1x
Year Consumer prices inflation
El Salvador Israel
2024 0.85% 3.07%
2023 4.05% 4.23%
2022 7.2% 4.41%
2021 3.47% 1.48%
2020 -0.37% -0.58%
2019 0.08% 0.82%
2018 1.09% 0.81%
2017 1.01% 0.25%
2016 0.6% -0.54%
2015 -0.73% -0.62%
2014 1.14% 0.47%
2013 0.76% 1.59%
2012 1.73% 1.68%
2011 5.13% 3.49%
2010 1.18% 2.7%
2009 1.06% 3.37%
2008 6.71% 4.53%
2007 4.58% 0.47%
2006 4.04% 2.05%
2005 4.69% 1.34%
2004 4.45% -0.42%
2003 2.12% 0.71%
2002 1.87% 5.8%
2001 3.75% 1.12%
2000 2.27% 1.03%
1999 0.51% 5.19%
1998 2.55% 5.49%
1997 4.49% 8.95%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/el-salvador/israel | CC BY

Over the past 28 years, El Salvador has recorded an average annual inflation rate of 2.51%, compared with 2.25% in Israel. In 2024, inflation was 0.85% in El Salvador and 3.07% in Israel.

Top exports between countries

El Salvador
Export category Export value
Raw agricultural goods $186K
Chemicals & pharma $99K
Machinery & equipment $78K
Textiles & consumer goods $49K
Weapons & explosives $1K
Israel
Export category Export value
Textiles & consumer goods $3.35M
Chemicals & pharma $2.84M
Metals $2.32M
Machinery & equipment $1.94M
Raw materials & minerals $100K
Raw agricultural goods $17K
Wood & paper products $13K
Precious metals & jewellery $10K
Processed food, beverages & tobacco $7K
Miscellaneous $2K

Balance of trade

El Salvador Israel
Current account balance
-$633M
2024
$15.5B
2024
Current account balance ranking
110/190
2024
21/190
2024
Current account balance, % of GDP
-1.79%
2024
+2.86%
2024
Goods imports
$15.1B
2024
$96.3B
2024
Goods exports
$5.59B
2024
$70B
2024
Service imports
$3.26B
2024
$44.4B
2024
Service exports
$6B
2024
$83.7B
2024
Imports of goods and services, % of GDP
51.9%
2024
26%
2024
Exports of goods and services, % of GDP
32.8%
2024
28.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

El Salvador Israel
Economic freedom 57.7 68.4
Economic freedom ranking 114/197 47/197
Property rights 42.7 73.1
Government integrity 31.5 66.2
Judicial effectiveness 15.3 68.1
Tax burden 76.8 60.2
Government spending 72.7 52
Fiscal health 59.4 60.8
Business freedom 65.7 72.4
Labor freedom 51.6 56.8
Monetary freedom 70.6 78.2
Trade freedom 76.4 82.8
Investment freedom 70 70
Financial freedom 60 80

Economic freedom comparison by year

El Salvador
Israel
1x
Year Economic freedom index
El Salvador Israel
2026 57.7 68.4
2025 56.6 69.9
2024 54.4 70.1
2023 56 68.9
2022 59.6 68
2021 61 73.8
2020 61.6 74
2019 61.8 72.8
2018 63.2 72.2
2017 64.1 69.7
2016 65.1 70.7
2015 65.7 70.5
2014 66.2 68.4
2013 66.7 66.9
2012 68.7 67.8
2011 68.8 68.5
2010 69.9 67.7
2009 69.8 67.6
2008 68.5 66.3
2007 68.9 64.8
2006 69.6 64.4
2005 71.5 62.6
2004 71.2 61.4
2003 71.5 62.7
2002 73 66.9
2001 73 66.1
2000 76.3 65.5
1999 75.1 68.3
1998 70.2 68
1997 70.5 62.7
1996 70.1 62
1995 69.1 61.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/el-salvador/israel | CC BY

The Economic Freedom Index for El Salvador is 57.7, ranking 114/197, compared to 68.4 for Israel, ranking 47/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

El Salvador Israel
Services, % of GDP
61%
2024
72.5%
2024
Industry, % of GDP
22.4%
2024
17.3%
2024
Agriculture, forestry, and fishing, % of GDP
4.38%
2024
1.28%
2024
GNI, Atlas method
$32.5B
2024
$528B
2024
GNI per capita, PPP
$12,420
2024
$56,790
2024
Total reserves including gold
$3.7B
2024
$215B
2024
Total reserves ranking
110/177
2024
18/177
2024
Net foreign direct investment
-$636M
2024
-$4.86B
2024
Net inflows of foreign direct investment
$924M
2024
$14.8B
2024
Net outflows of foreign direct investment
$288M
2024
$9.92B
2024
Servicing debt to the IMF, % of GNI
35%
2024
n/a
Poverty at national poverty lines
27.2%
2023
22%
2020
Gross capital formation, % of GDP
20.3%
2024
23.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/el-salvador/israel | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.