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Economy of El Salvador vs North Korea compared: GDP & Debt

Updated on by Georank team

El Salvador has a GDP of $35.4B compared to $34.9B for North Korea, ranking 105/197 and 106/197 by economy size, respectively.

El Salvador vs North Korea GDP by year

El Salvador
North Korea
1x
Year GDP, current $
El Salvador North Korea
2024 $35,364,960,000 $34,943,120,000
2023 $33,853,940,000 $32,155,360,000
2022 $31,870,120,000 $28,971,360,000
2021 $29,043,140,000 $32,301,720,000
2020 $24,921,190,000 $27,728,240,000
2019 $26,881,140,000 $28,222,880,000
2018 $26,020,850,000 $28,536,400,000
2017 $24,979,190,000 $29,105,440,000
2016 $24,191,430,000 $28,882,640,000
2015 $23,438,240,000 $30,723,030,000
2014 $22,593,470,000 $30,554,460,000
2013 $21,990,960,000 $30,588,922,000
2012 $21,386,150,000 $29,890,710,000
2011 $20,283,780,000 $29,005,020,000
2010 $18,447,920,000 $25,995,513,000
2009 $17,601,620,000 $23,356,470,000
2008 $17,986,890,000 -
2007 $17,011,750,000 -
2006 $15,999,890,000 -
2005 $14,698,000,000 -
2004 $13,724,810,900 -
2003 $13,243,892,200 -
2002 $12,664,190,300 -
2001 $12,282,533,600 -
2000 $11,784,927,700 -
1999 $11,284,197,000 -
1998 $10,936,669,900 -
1997 $10,221,705,900 -
1996 $9,586,327,800 -
1995 $8,921,947,100 -
1994 $7,679,384,000 -
1993 $6,680,269,200 -
1992 $5,813,399,300 -
1991 $5,252,342,400 -
1990 $4,817,542,204 -
1989 $4,372,215,300 -
1988 $4,189,880,000 -
1987 $3,958,045,800 -
1986 $3,771,663,200 -
1985 $3,800,368,600 -
1984 $3,661,683,400 -
1983 $3,506,347,800 -
1982 $3,399,189,100 -
1981 $3,437,200,200 -
1980 $3,573,959,900 -
1979 $3,463,639,900 -
1978 $3,127,960,000 -
1977 $2,941,640,100 -
1976 $2,328,280,100 -
1975 $1,884,120,100 -
1974 $1,665,880,000 -
1973 $1,442,320,000 -
1972 $1,263,720,000 -
1971 $1,186,120,000 -
1970 $1,132,920,000 -
1969 $1,049,400,000 -
1968 $1,009,760,100 -
1967 $976,200,000 -
1966 $929,520,000 -
1965 $877,720,000 -

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

GeoRank.org/economy/el-salvador/north-korea | CC BY

GDP per capita in El Salvador vs North Korea by year

El Salvador
GDP per capita

GDP per capita, PPP
North Korea
GDP per capita

GDP per capita, PPP
1x
Year Current $
El Salvador North Korea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,580 $13,264 $1,319 -
2023 $5,365 $12,680 $1,217 -
2022 $5,075 $11,876 $1,100 -
2021 $4,643 $10,810 $1,231 -
2020 $3,997 $9,393 $1,061 -
2019 $4,320 $9,757 $1,084 -
2018 $4,184 $9,204 $1,100 -
2017 $4,020 $8,965 $1,127 -
2016 $3,901 $8,456 $1,124 -
2015 $3,790 $7,934 $1,201 $1,700
2014 $3,666 $7,504 $1,201 $1,800
2013 $3,582 $7,093 $1,208 -
2012 $3,498 $6,708 $1,186 -
2011 $3,331 $6,594 $1,156 $1,800
2010 $3,040 $6,248 $1,040 -
2009 $2,910 $6,063 $939 $1,800
2008 $2,983 $6,175 - $1,800
2007 $2,831 $5,949 - $1,700
2006 $2,666 $5,695 - $1,800
2005 $2,447 $5,292 - $1,700
2004 $2,286 $4,998 - $1,700
2003 $2,208 $4,829 - $1,300
2002 $2,115 $4,672 - $1,000
2001 $2,058 $4,543 - -
2000 $1,983 $4,422 - $1,000
1999 $1,908 $4,298 - $1,000
1998 $1,860 $4,171 - -
1997 $1,749 $4,043 - -
1996 $1,651 $3,880 - -
1995 $1,548 $3,808 - -
1994 $1,344 $3,591 - -
1993 $1,180 $3,390 - -
1992 $1,041 $3,171 - -
1991 $956 $2,945 - -
1990 $892 $2,856 - -
1989 $825 - - -
1988 $806 - - -
1987 $777 - - -
1986 $755 - - -
1985 $776 - - -
1984 $763 - - -
1983 $745 - - -
1982 $735 - - -
1981 $752 - - -
1980 $787 - - -
1979 $773 - - -
1978 $712 - - -
1977 $684 - - -
1976 $553 - - -
1975 $457 - - -
1974 $413 - - -
1973 $366 - - -
1972 $329 - - -
1971 $316 - - -
1970 $309 - - -
1969 $293.4 - - -
1968 $290.1 - - -
1967 $288.4 - - -
1966 $282.4 - - -
1965 $274.3 - - -

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06); Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-02-20).

GeoRank.org/economy/el-salvador/north-korea | CC BY

El Salvador's GDP per capita is $5,580, ranking 116/197, compared to $1,319 in North Korea, ranking 168/197. Adjusted for purchasing power (GDP per capita PPP), El Salvador ranks 120th at $13,264, while North Korea ranks 193rd at $1,700.

Economic indicators

El Salvador North Korea
Gross domestic product
$35.4B
2024
$34.9B
2024
GDP rank
105/197
2024
106/197
2024
GDP growth
2.6%
2023-2024
n/a
GDP per capita
$5,580
2024
$1,319
2024
GDP per capita rank
116/197
2024
168/197
2024
GDP per capita, PPP
$13,264
2024
$1,700
2015
GDP per capita PPP rank
120/197
2024
193/197
2015
Government debt
$30.9B
2024
n/a
Debt-to-GDP ratio
87.5%
2024
n/a
Government debt per person
$4,883
2024
n/a
Government debt per person rank
81/185
2024
n/a
Average annual personal income after taxes
$4,768
2026
$1,426
2026
Income share by richest 10%
29.7%
2023
n/a
Income share by poorest 10%
1.9%
2023
n/a
Government expenditure, % of GDP
31.4%
2024
n/a
Consumer prices inflation
0.85%
2023-2024
n/a
Unemployment rate
2.71%
2024
25.6%
2013
Population
6399793
26659144

Balance of trade

El Salvador North Korea
Current account balance
-$633M
2024
n/a
Current account balance ranking
110/190
2024
n/a
Current account balance, % of GDP
-1.79%
2024
n/a
Goods imports
$15.1B
2024
n/a
Goods exports
$5.59B
2024
n/a
Service imports
$3.26B
2024
n/a
Service exports
$6B
2024
n/a
Imports of goods and services, % of GDP
51.9%
2024
n/a
Exports of goods and services, % of GDP
32.8%
2024
n/a

Economic freedom indices

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

El Salvador North Korea
Economic freedom 57.7 3.1
Economic freedom ranking 114/197 197/197
Property rights 42.7 16.3
Government integrity 31.5 4.3
Judicial effectiveness 15.3 6.3
Tax burden 76.8 0
Government spending 72.7 0
Fiscal health 59.4 0
Business freedom 65.7 5
Labor freedom 51.6 5
Monetary freedom 70.6 0
Trade freedom 76.4 0
Investment freedom 70 0
Financial freedom 60 0

Economic freedom comparison by year

El Salvador
North Korea
1x
Year Economic freedom index
El Salvador North Korea
2026 57.7 3.1
2025 56.6 3
2024 54.4 2.9
2023 56 2.9
2022 59.6 3
2021 61 5.2
2020 61.6 4.2
2019 61.8 5.9
2018 63.2 5.8
2017 64.1 4.9
2016 65.1 2.3
2015 65.7 1.3
2014 66.2 1
2013 66.7 1.5
2012 68.7 1
2011 68.8 1
2010 69.9 1
2009 69.8 2
2008 68.5 3
2007 68.9 3
2006 69.6 4
2005 71.5 8
2004 71.2 8.9
2003 71.5 8.9
2002 73 8.9
2001 73 8.9
2000 76.3 8.9
1999 75.1 8.9
1998 70.2 8.9
1997 70.5 8.9
1996 70.1 8.9
1995 69.1 8.9

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

GeoRank.org/economy/el-salvador/north-korea | CC BY

The Economic Freedom Index for El Salvador is 57.7, ranking 114/197, compared to 3.1 for North Korea, ranking 197/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

El Salvador North Korea
Services, % of GDP
61%
2024
n/a
Industry, % of GDP
22.4%
2024
n/a
Agriculture, forestry, and fishing, % of GDP
4.38%
2024
n/a
GNI, Atlas method
$32.5B
2024
n/a
GNI per capita, PPP
$12,420
2024
n/a
Total reserves including gold
$3.7B
2024
n/a
Total reserves ranking
110/177
2024
n/a
Net foreign direct investment
-$636M
2024
n/a
Net inflows of foreign direct investment
$924M
2024
$203K
1989
Net outflows of foreign direct investment
$288M
2024
$0
2024
Servicing debt to the IMF, % of GNI
35%
2024
n/a
Poverty at national poverty lines
27.2%
2023
n/a
Gross capital formation, % of GDP
20.3%
2024
n/a

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/north-korea | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06)
  2. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-02-20)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.