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Economy of El Salvador vs Syria compared: GDP & Debt

Updated on by Georank team

El Salvador has a GDP of $35.4B compared to $20B for Syria, ranking 105/197 and 129/197 by economy size, respectively.

El Salvador has $30.9B in government debt (87.5% of GDP), compared to $18.4B (30% of GDP) in Syria.

El Salvador vs Syria GDP by year

El Salvador
Syria
1x
Year GDP, current $
El Salvador Syria
2024 $35,364,960,000 -
2023 $33,853,940,000 $19,993,439,950
2022 $31,870,120,000 $23,622,827,080
2021 $29,043,140,000 $14,353,205,678
2020 $24,921,190,000 $12,047,752,036
2019 $26,881,140,000 $22,583,045,060
2018 $26,020,850,000 $21,497,782,868
2017 $24,979,190,000 $16,369,843,352
2016 $24,191,430,000 $12,597,854,877
2015 $23,438,240,000 $16,466,863,117
2014 $22,593,470,000 $21,502,061,466
2013 $21,990,960,000 $21,361,254,635
2012 $21,386,150,000 $43,190,318,033
2011 $20,283,780,000 $67,539,428,159
2010 $18,447,920,000 $61,390,830,875
2009 $17,601,620,000 $54,111,735,629
2008 $17,986,890,000 $52,557,913,569
2007 $17,011,750,000 $40,465,318,382
2006 $15,999,890,000 $33,751,788,856
2005 $14,698,000,000 $28,858,965,517
2004 $13,724,810,900 $25,086,950,495
2003 $13,243,892,200 $21,828,144,686
2002 $12,664,190,300 $20,669,357,462
2001 $12,282,533,600 $20,237,024,725
2000 $11,784,927,700 $18,937,052,543
1999 $11,284,197,000 $15,873,875,969
1998 $10,936,669,900 $15,200,846,154
1997 $10,221,705,900 $14,505,233,463
1996 $9,586,327,800 $13,789,560,878
1995 $8,921,947,100 $11,396,706,587
1994 $7,679,384,000 $10,122,020,000
1993 $6,680,269,200 $13,695,962,055
1992 $5,813,399,300 $13,253,565,861
1991 $5,252,342,400 $12,981,833,333
1990 $4,817,542,204 $12,308,624,418
1989 $4,372,215,300 $9,853,395,762
1988 $4,189,880,000 $10,577,041,645
1987 $3,958,045,800 $11,356,215,543
1986 $3,771,663,200 $13,293,205,278
1985 $3,800,368,600 $16,403,539,893
1984 $3,661,683,400 $17,503,078,174
1983 $3,506,347,800 $17,589,277,143
1982 $3,399,189,100 $16,298,929,011
1981 $3,437,200,200 $15,518,201,335
1980 $3,573,959,900 $13,062,420,382
1979 $3,463,639,900 $9,929,681,529
1978 $3,127,960,000 $9,275,200,458
1977 $2,941,640,100 $7,696,011,396
1976 $2,328,280,100 $7,633,528,867
1975 $1,884,120,100 $6,826,980,444
1974 $1,665,880,000 $5,159,557,148
1973 $1,442,320,000 $3,239,487,516
1972 $1,263,720,000 $3,059,681,698
1971 $1,186,120,000 $2,589,851,325
1970 $1,132,920,000 $2,140,384,010
1969 $1,049,400,000 $2,245,011,515
1968 $1,009,760,100 $1,753,746,430
1967 $976,200,000 $1,580,229,799
1966 $929,520,000 $1,342,287,553
1965 $877,720,000 $1,472,036,540
1964 - $1,339,494,267
1963 - $1,200,447,408
1962 - $1,110,565,881
1961 - $945,244,972
1960 - $857,704,413

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

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

GDP per capita in El Salvador vs Syria by year

El Salvador
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
El Salvador Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,580 $13,264 - -
2023 $5,365 $12,680 $847 $4,650
2022 $5,075 $11,876 $1,052 $4,772
2021 $4,643 $10,810 $664 $4,593
2020 $3,997 $9,393 $572 $3,738
2019 $4,320 $9,757 $1,110 $3,502
2018 $4,184 $9,204 $1,098 $3,456
2017 $4,020 $8,965 $852 $3,265
2016 $3,901 $8,456 $656 -
2015 $3,790 $7,934 $848 -
2014 $3,666 $7,504 $1,061 -
2013 $3,582 $7,093 $986 -
2012 $3,498 $6,708 $1,898 -
2011 $3,331 $6,594 $2,952 -
2010 $3,040 $6,248 $2,731 -
2009 $2,910 $6,063 $2,462 -
2008 $2,983 $6,175 $2,429 -
2007 $2,831 $5,949 $1,938 -
2006 $2,666 $5,695 $1,719 -
2005 $2,447 $5,292 $1,534 -
2004 $2,286 $4,998 $1,368 -
2003 $2,208 $4,829 $1,220 -
2002 $2,115 $4,672 $1,183 -
2001 $2,058 $4,543 $1,187 -
2000 $1,983 $4,422 $1,138 -
1999 $1,908 $4,298 $978 -
1998 $1,860 $4,171 $961 -
1997 $1,749 $4,043 $941 -
1996 $1,651 $3,880 $918 -
1995 $1,548 $3,808 $780 -
1994 $1,344 $3,591 $712 -
1993 $1,180 $3,390 $993 -
1992 $1,041 $3,171 $990 -
1991 $956 $2,945 $1,000 -
1990 $892 $2,856 $978 -
1989 $825 - $809 -
1988 $806 - $898 -
1987 $777 - $997 -
1986 $755 - $1,208 -
1985 $776 - $1,544 -
1984 $763 - $1,706 -
1983 $745 - $1,776 -
1982 $735 - $1,703 -
1981 $752 - $1,676 -
1980 $787 - $1,458 -
1979 $773 - $1,146 -
1978 $712 - $1,108 -
1977 $684 - $951 -
1976 $553 - $976 -
1975 $457 - $904 -
1974 $413 - $707 -
1973 $366 - $459 -
1972 $329 - $448 -
1971 $316 - $393 -
1970 $309 - $335 -
1969 $293.4 - $364 -
1968 $290.1 - $293.3 -
1967 $288.4 - $272.9 -
1966 $282.4 - $239.3 -
1965 $274.3 - $270.8 -
1964 - - $254.2 -
1963 - - $234.9 -
1962 - - $223.9 -
1961 - - $196.3 -
1960 - - $183.5 -

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

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

El Salvador's GDP per capita is $5,580, ranking 116/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), El Salvador ranks 120th at $13,264, while Syria ranks 160th at $4,650.

Economic indicators

El Salvador Syria
Gross domestic product
$35.4B
2024
$20B
2023
GDP rank
105/197
2024
129/197
2023
GDP growth
2.6%
2023-2024
-1.21%
2022-2023
GDP per capita
$5,580
2024
$847
2023
GDP per capita rank
116/197
2024
185/197
2023
GDP per capita, PPP
$13,264
2024
$4,650
2023
GDP per capita PPP rank
120/197
2024
160/197
2023
Government debt
$30.9B
2024
$18.4B
2010
Debt-to-GDP ratio
87.5%
2024
30%
2010
Government debt per person
$4,883
2024
$820
2010
Government debt per person rank
81/185
2024
148/185
2010
Average annual personal income after taxes
$4,768
2026
$730
2026
Income share by richest 10%
29.7%
2023
21.1%
2022
Income share by poorest 10%
1.9%
2023
3.8%
2022
Government expenditure, % of GDP
31.4%
2024
28.6%
2010
Consumer prices inflation
0.85%
2023-2024
13.4%
2018-2019
Unemployment rate
2.71%
2024
8.61%
2010
Population
6399793
26829400

Spending and national debt comparison by year

El Salvador
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
El Salvador Syria
Government spending Government debt Government spending Government debt
2024 31.4% 87.5% - -
2023 30.5% 85.1% - -
2022 28.7% 83.7% - -
2021 31.1% 88% - -
2020 32.7% 95.4% - -
2019 27.8% 77.9% - -
2018 27.6% 77% - -
2017 28.1% 77.1% - -
2016 27.5% 75.2% - -
2015 27.1% 73.5% - -
2014 27.6% 71.8% - -
2013 28.5% 69.7% - -
2012 27.4% 70% - -
2011 25.3% 65.6% - -
2010 25.6% 66.8% 28.6% 30%
2009 26% 65.8% 26.7% 31.2%
2008 24.5% 54.2% 22.9% 37.3%
2007 22.8% 52.2% 25.7% 42.7%
2006 23.4% 52.6% 26.3% 45%
2005 22.4% 46.3% 28.2% 50.7%
2004 21.5% 46.8% 31.3% 113%
2003 22.6% 46% 32.6% 133.4%
2002 22.5% 43.8% 28.5% 132.4%
2001 21.7% 37.8% 28% 144.5%
2000 21% 29.6% 27.4% 152.1%
1999 19.7% 28% 28% 147.7%
1998 19.3% 25.7% 28.8% 151.2%
1997 18.6% 27.8% 29% 147.6%
1996 21% 28.5% 27.7% 141.5%
1995 18.6% 28% 29.8% 152.6%
1994 18.9% 30.5% 30.3% 163%
1993 18.5% 31.9% 29.4% 171.9%
1992 20.8% 36.4% 34.2% 173.6%
1991 18.5% 43.3% 34.3% 182.4%
1990 15.9% - 28.3% 189.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, El Salvador's government spending was $11.1B, accounting for 31.4% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 87.5% in El Salvador and 30% in Syria, ranking 36/185 and 157/185, respectively.

Government deficit by year

Deficit/surplus
El Salvador

Syria
1x
Year Deficit/surplus, % of GDP
El Salvador Syria
2024 -4.55% -
2023 -4.69% -
2022 -2.68% -
2021 -5.53% -
2020 -8.18% -
2019 -3.07% -
2018 -2.71% -
2017 -2.53% -
2016 -3.1% -
2015 -3.63% -
2014 -4.02% -
2013 -4.46% -
2012 -3.81% -
2011 -4.47% -
2010 -4.97% -7.79%
2009 -6.65% -2.89%
2008 -3.8% -2.86%
2007 -2.32% -2.99%
2006 -3.42% -1.12%
2005 -3.47% -4.41%
2004 -2.76% -4.18%
2003 -4.23% -2.7%
2002 -5.5% -2.02%
2001 -4.95% 2.3%
2000 -3.45% -1.36%
1999 -3.08% -1.47%
1998 -2.94% -2.81%
1997 -1.97% -1.78%
1996 -2.7% -2.83%
1995 -0.18% -3.81%
1994 -0.94% -6%
1993 -1.42% -4.96%
1992 -4.29% -7.26%
1991 -2.3% -6.57%
1990 -0.61% -3.92%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2010, El Salvador's government deficit, the difference between spending and revenue, was $916M, equivalent to 4.97% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 21 years, El Salvador recorded a fiscal deficit in 21 of those years, while Syria ran a deficit in 20 years. On average, El Salvador posted an annual deficit equal to 3.14% of GDP, compared to deficit of 3.4% of GDP for Syria.

Inflation comparison by year

Inflation
El Salvador

Syria
1x
Year Consumer prices inflation
El Salvador Syria
2024 0.85% -
2023 4.05% -
2022 7.2% -
2021 3.47% -
2020 -0.37% -
2019 0.08% 13.4%
2018 1.09% 0.94%
2017 1.01% 18.1%
2016 0.6% 47.7%
2015 -0.73% 38.5%
2014 1.14% 10.9%
2013 0.76% 40%
2012 1.73% 36.7%
2011 5.13% 4.75%
2010 1.18% 4.4%
2009 1.06% 2.92%
2008 6.71% 15.7%
2007 4.58% 3.91%
2006 4.04% 10%
2005 4.69% 7.24%
2004 4.45% 4.43%
2003 2.12% 5.8%
2002 1.87% -0.13%
2001 3.75% 3%
2000 2.27% -3.85%
1999 0.51% -3.7%
1998 2.55% -0.8%
1997 4.49% 1.89%

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

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

Over the past 23 years, El Salvador has recorded an average annual inflation rate of 2.39%, compared with 11.4% in Syria. In 2019, inflation was 0.85% in El Salvador and 13.4% in Syria.

Balance of trade

El Salvador Syria
Current account balance
-$633M
2024
-$367M
2010
Current account balance ranking
110/190
2024
103/190
2010
Current account balance, % of GDP
-1.79%
2024
-0.6%
2010
Goods imports
$15.1B
2024
$15.9B
2010
Goods exports
$5.59B
2024
$12.3B
2010
Service imports
$3.26B
2024
$3.53B
2010
Service exports
$6B
2024
$7.33B
2010
Imports of goods and services, % of GDP
51.9%
2024
28.8%
2022
Exports of goods and services, % of GDP
32.8%
2024
6.81%
2022

Economic freedom indices

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

El Salvador Syria
Economic freedom 57.7 51.2
Economic freedom ranking 114/197 155/197
Property rights 42.7 4
Government integrity 31.5 3.6
Judicial effectiveness 15.3 3.7
Tax burden 76.8 87.3
Government spending 72.7 78.5
Fiscal health 59.4 13.8
Business freedom 65.7 33.8
Labor freedom 51.6 37.2
Monetary freedom 70.6 80
Trade freedom 76.4 47
Investment freedom 70 0
Financial freedom 60 20

Economic freedom comparison by year

El Salvador
Syria
1x
Year Economic freedom index
El Salvador Syria
2026 57.7 -
2025 56.6 -
2024 54.4 -
2023 56 -
2022 59.6 -
2021 61 -
2020 61.6 -
2019 61.8 -
2018 63.2 -
2017 64.1 -
2016 65.1 -
2015 65.7 -
2014 66.2 -
2013 66.7 -
2012 68.7 51.2
2011 68.8 51.3
2010 69.9 49.4
2009 69.8 51.3
2008 68.5 47.2
2007 68.9 48.3
2006 69.6 51.2
2005 71.5 46.3
2004 71.2 40.6
2003 71.5 41.3
2002 73 36.3
2001 73 36.6
2000 76.3 37.2
1999 75.1 39
1998 70.2 42.2
1997 70.5 43
1996 70.1 42.3
1995 69.1 -

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

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

The Economic Freedom Index for El Salvador is 57.7, ranking 114/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

El Salvador Syria
Services, % of GDP
61%
2024
44.9%
2022
Industry, % of GDP
22.4%
2024
12%
2022
Agriculture, forestry, and fishing, % of GDP
4.38%
2024
43.1%
2022
GNI, Atlas method
$32.5B
2024
$18.2B
2023
GNI per capita, PPP
$12,420
2024
$4,480
2023
Total reserves including gold
$3.7B
2024
$20.6B
2010
Total reserves ranking
110/177
2024
62/177
2010
Net foreign direct investment
-$636M
2024
-$1.47B
2010
Net inflows of foreign direct investment
$924M
2024
$0
2024
Net outflows of foreign direct investment
$288M
2024
$0
2024
Servicing debt to the IMF, % of GNI
35%
2024
0.15%
2023
Poverty at national poverty lines
27.2%
2023
35.2%
2007
Gross capital formation, % of GDP
20.3%
2024
16%
1969

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/syria | CC BY

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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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. 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.