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El Salvador vs Mexico: Economic Indicators Comparison

Mexico with a GDP of $1.2T ranked the 15th largest economy in the world, while El Salvador ranked 107th with $26.1B. By GDP 5-years average growth and GDP per capita, Mexico and El Salvador ranked 109th vs 119th and 77th vs 121st, respectively.

Gross Domestic Product & Income

StatEl SalvadorMexico
GDP$26.1B$1.2T
GDP growth, 1 year2.5%2%
GDP growth, 5-years average2.3%2.6%
Population6.3M130.5M
GDP per capita$4.1k$9.7k
GDP per capita growth2.02%0.99%
Purchasing Power Parity conversion factor0.499.38
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.49
GDP per capita, PPP adjusted$8k$21k
GNI, Atlas method$24.5B$1.2T
GNI per capita$3.8k$9.2k
GNI, PPP adjusted$50.5B$2.4T
GNI per capita, PPP adjusted$7.9k$19k

Financial system and Human development

StatEl SalvadorMexico
Income Tax Rate30%35%
Corporate Tax Rate30%30%
Inflation, consumer prices1.1%4.9%
Inflation, GDP deflator1.9%5%
Unemployment4.4%3.3%
Economic Freedom Index61.666
Personal Freedom Index7.277.23
Human Freedom Index7.46.94
Property Rights Index41.658.3
Judical Effectiveness Index30.134.7
Business Freedom Index53.667
Fiscal Health Index8087.5
Labor Freedom Index52.358.4
Investment Freedom Index7075
Financial Freedom Index6060
Trade Freedom Index80.887.6
Monetary Freedom Index78.670.9
Government Spending Index82.879.3
Tax Burden Index77.876.1
Government Integrity Index31.636.7
Corruption Perceptions Index3528
Life expectancy at birth, years72.974.9
Suicide mortality rate, per 100,000 people13.75.1
Mortality caused by road traffic injury, per 100,000 people22.213.1
Intentional homicides, per 100,000 people61.824.8
International tourism, number of arrivals1.7M41.3M

Government debt & reserves

StatEl SalvadorMexico
Central government debt, % of GDP67.1%53.6%
External debt stocks, % of GNI71.1%38%
External debt stocks$17.5B$453B
Short-term debt, % of total reserves58%34.6%
Total debt service, % of exports and primary income45.8%11.9%
Adjusted net savings including particulate emission damage, % of GNI6.4%7.5%
Gross savings, % of GDP15.7%23.7%
Gross capital formation, % of GDP20.4%22.7%
Total reserves including gold$3.6B$176.4B
Foreign direct investment net inflows$426.8M$37.5B

Exports, imports and economic structure

StatEl SalvadorMexico
Exports of goods and services, % of GDP28.9%39.3%
Imports of goods and services, % of GDP48.6%41.2%
Current account balance (balance of payments)-$1.2B-$22B
Revenue excluding grants, % of GDP25.1%18.9%
Grants excluding technical cooperation, BoP$263.7M$318.9M
Personal remittances received$5.4B$35.8B
Industry including construction value added, % of GDP25.3%30.9%
Agriculture, forestry and fishing value added, % of GDP4.9%3.4%
Charges for the use of intellectual property, payments BoP$98.8M$302M
Charges for the use of intellectual property, receipts BoP$23M$7M
Expense, % of GDP24.9%20.4%
Government Expenditure, % of GDP23.9%26.3%

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
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M
Tonga
$4.4k
105k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
190k
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
52.6k
Tuvalu
$3.7k
9.88k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
754k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
101M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k

Mexico vs

CountryGDP
per capita
Population
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M