Skip to content

Economy of El Salvador vs Togo compared: GDP & Debt

Updated on by Georank team

El Salvador has a GDP of $35.4B compared to $10.7B for Togo, ranking 105/197 and 154/197 by economy size, respectively.

El Salvador has $30.9B in government debt (87.5% of GDP), compared to $7.68B (72.1% of GDP) in Togo.

El Salvador vs Togo GDP by year

El Salvador
Togo
1x
Year GDP, current $
El Salvador Togo
2024 $35,364,960,000 $10,651,180,147
2023 $33,853,940,000 $9,816,236,303
2022 $31,870,120,000 $8,646,453,099
2021 $29,043,140,000 $8,541,668,141
2020 $24,921,190,000 $7,486,031,562
2019 $26,881,140,000 $6,992,654,019
2018 $26,020,850,000 $7,029,215,766
2017 $24,979,190,000 $6,387,424,240
2016 $24,191,430,000 $6,071,167,584
2015 $23,438,240,000 $5,755,457,836
2014 $22,593,470,000 $6,393,314,708
2013 $21,990,960,000 $6,021,729,630
2012 $21,386,150,000 $5,413,541,649
2011 $20,283,780,000 $5,422,439,152
2010 $18,447,920,000 $4,746,386,893
2009 $17,601,620,000 $4,721,888,275
2008 $17,986,890,000 $4,578,847,113
2007 $17,011,750,000 $3,759,962,853
2006 $15,999,890,000 $3,320,907,722
2005 $14,698,000,000 $3,221,910,408
2004 $13,724,810,900 $3,191,561,509
2003 $13,243,892,200 $2,987,984,051
2002 $12,664,190,300 $2,410,199,032
2001 $12,282,533,600 $2,093,498,674
2000 $11,784,927,700 $2,106,848,752
1999 $11,284,197,000 $2,226,577,204
1998 $10,936,669,900 $2,241,650,112
1997 $10,221,705,900 $2,116,818,623
1996 $9,586,327,800 $2,069,506,014
1995 $8,921,947,100 $1,849,110,468
1994 $7,679,384,000 $1,387,662,121
1993 $6,680,269,200 $1,741,944,426
1992 $5,813,399,300 $2,390,796,916
1991 $5,252,342,400 $2,262,767,860
1990 $4,817,542,204 $2,299,665,506
1989 $4,372,215,300 $1,910,635,575
1988 $4,189,880,000 $1,947,208,354
1987 $3,958,045,800 $1,763,978,066
1986 $3,771,663,200 $1,498,219,579
1985 $3,800,368,600 $1,076,604,520
1984 $3,661,683,400 $1,014,170,069
1983 $3,506,347,800 $1,081,387,265
1982 $3,399,189,100 $1,160,337,039
1981 $3,437,200,200 $1,359,026,709
1980 $3,573,959,900 $1,604,836,916
1979 $3,463,639,900 $1,259,365,712
1978 $3,127,960,000 $1,164,025,637
1977 $2,941,640,100 $1,097,893,826
1976 $2,328,280,100 $874,681,612
1975 $1,884,120,100 $871,781,687
1974 $1,665,880,000 $791,450,308
1973 $1,442,320,000 $574,030,984
1972 $1,263,720,000 $474,043,922
1971 $1,186,120,000 $404,648,368
1970 $1,132,920,000 $358,665,754
1969 $1,049,400,000 $378,091,810
1968 $1,009,760,100 $341,691,567
1967 $976,200,000 $327,215,844
1966 $929,520,000 $305,227,595
1965 $877,720,000 $264,505,506
1964 - $234,572,186
1963 - $202,305,865
1962 - $186,745,758
1961 - $178,497,098
1960 - $171,057,069

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

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

GDP per capita in El Salvador vs Togo by year

El Salvador
GDP per capita

GDP per capita, PPP
Togo
GDP per capita

GDP per capita, PPP
1x
Year Current $
El Salvador Togo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,580 $13,264 $1,119 $3,365
2023 $5,365 $12,680 $1,055 $3,154
2022 $5,075 $11,876 $951 $2,935
2021 $4,643 $10,810 $962 $2,639
2020 $3,997 $9,393 $863 $2,384
2019 $4,320 $9,757 $826 $2,215
2018 $4,184 $9,204 $851 $2,067
2017 $4,020 $8,965 $793 $1,986
2016 $3,901 $8,456 $773 $1,933
2015 $3,790 $7,934 $751 $1,880
2014 $3,666 $7,504 $856 $1,803
2013 $3,582 $7,093 $827 $1,715
2012 $3,498 $6,708 $762 $1,645
2011 $3,331 $6,594 $784 $1,616
2010 $3,040 $6,248 $705 $1,537
2009 $2,910 $6,063 $721 $1,474
2008 $2,983 $6,175 $719 $1,429
2007 $2,831 $5,949 $608 $1,387
2006 $2,666 $5,695 $553 $1,407
2005 $2,447 $5,292 $551 $1,368
2004 $2,286 $4,998 $560 $1,427
2003 $2,208 $4,829 $538 $1,440
2002 $2,115 $4,672 $445 $1,357
2001 $2,058 $4,543 $397 $1,320
2000 $1,983 $4,422 $410 $1,315
1999 $1,908 $4,298 $445 $1,332
1998 $1,860 $4,171 $461 $1,318
1997 $1,749 $4,043 $448 $1,373
1996 $1,651 $3,880 $452 $1,218
1995 $1,548 $3,808 $419 $1,140
1994 $1,344 $3,591 $329 $1,082
1993 $1,180 $3,390 $414 $925
1992 $1,041 $3,171 $565 $1,057
1991 $956 $2,945 $550 $1,107
1990 $892 $2,856 $575 $1,110
1989 $825 - $492 -
1988 $806 - $517 -
1987 $777 - $482 -
1986 $755 - $422 -
1985 $776 - $313 -
1984 $763 - $304 -
1983 $745 - $336 -
1982 $735 - $372 -
1981 $752 - $451 -
1980 $787 - $549 -
1979 $773 - $443 -
1978 $712 - $421 -
1977 $684 - $406 -
1976 $553 - $332 -
1975 $457 - $339 -
1974 $413 - $315 -
1973 $366 - $234.4 -
1972 $329 - $198.8 -
1971 $316 - $174.6 -
1970 $309 - $159.8 -
1969 $293.4 - $174.7 -
1968 $290.1 - $164.3 -
1967 $288.4 - $163.9 -
1966 $282.4 - $159.1 -
1965 $274.3 - $142.7 -
1964 - - $130.1 -
1963 - - $114.6 -
1962 - - $107.8 -
1961 - - $104.8 -
1960 - - $102.2 -

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

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

El Salvador's GDP per capita is $5,580, ranking 116/197, compared to $1,119 in Togo, ranking 172/197. Adjusted for purchasing power (GDP per capita PPP), El Salvador ranks 120th at $13,264, while Togo ranks 173rd at $3,365.

Economic indicators

El Salvador Togo
Gross domestic product
$35.4B
2024
$10.7B
2024
GDP rank
105/197
2024
154/197
2024
GDP growth
2.6%
2023-2024
6.53%
2023-2024
GDP per capita
$5,580
2024
$1,119
2024
GDP per capita rank
116/197
2024
172/197
2024
GDP per capita, PPP
$13,264
2024
$3,365
2024
GDP per capita PPP rank
120/197
2024
173/197
2024
Government debt
$30.9B
2024
$7.68B
2024
Debt-to-GDP ratio
87.5%
2024
72.1%
2024
Government debt per person
$4,883
2024
$807
2024
Government debt per person rank
81/185
2024
149/185
2024
Average annual personal income after taxes
$4,768
2026
$1,661
2026
Income share by richest 10%
29.7%
2023
29.6%
2021
Income share by poorest 10%
1.9%
2023
2.8%
2021
Government expenditure, % of GDP
31.4%
2024
26.4%
2024
Consumer prices inflation
0.85%
2023-2024
2.86%
2023-2024
Unemployment rate
2.71%
2024
1.97%
2022
Population
6399793
9990340

Spending and national debt comparison by year

El Salvador
Spending

Debt
Togo
Spending

Debt
1x
Year % of GDP
El Salvador Togo
Government spending Government debt Government spending Government debt
2024 31.4% 87.5% 26.4% 72.1%
2023 30.5% 85.1% 26.6% 68.6%
2022 28.7% 83.7% 26% 67%
2021 31.1% 88% 21.8% 64.9%
2020 32.7% 95.4% 23.7% 62.2%
2019 27.8% 77.9% 16.6% 54.9%
2018 27.6% 77% 18.8% 58%
2017 28.1% 77.1% 16.3% 57.1%
2016 27.5% 75.2% 22.9% 59.9%
2015 27.1% 73.5% 22.9% 52.4%
2014 27.6% 71.8% 21.9% 44.9%
2013 28.5% 69.7% 20.5% 41.1%
2012 27.4% 70% 19.1% 34.3%
2011 25.3% 65.6% 18.2% 37%
2010 25.6% 66.8% 15.1% 33.5%
2009 26% 65.8% 14.3% 57.6%
2008 24.5% 54.2% 12.4% 67.3%
2007 22.8% 52.2% 13.7% 70.5%
2006 23.4% 52.6% 14.7% 67.7%
2005 22.4% 46.3% 13.3% 63.1%
2004 21.5% 46.8% 10.6% 48.7%
2003 22.6% 46% 8.88% 50%
2002 22.5% 43.8% 8.42% 54.8%
2001 21.7% 37.8% 10.9% 68.5%
2000 21% 29.6% 11.9% 66.5%
1999 19.7% 28% 11.9% 59.9%
1998 19.3% 25.7% 12.8% 62.8%
1997 18.6% 27.8% 10.6% 54.4%
1996 21% 28.5% 12.4% 60.4%
1995 18.6% 28% 12.7% 64.8%
1994 18.9% 30.5% 13.2% 79%
1993 18.5% 31.9% 14.8% 58.3%
1992 20.8% 36.4% 12.6% 45%
1991 18.5% 43.3% 14.6% 46.9%
1990 15.9% - 16.8% 44.7%
1989 - - 16.9% 46.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989–2004, retrieved 2026-02-20).

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

In 2024, El Salvador's government spending was $11.1B, accounting for 31.4% of its GDP, while Togo spent $2.81B, or 26.4% of GDP.

Debt-to-GDP ratio is 87.5% in El Salvador and 72.1% in Togo, ranking 36/185 and 54/185, respectively.

Government deficit by year

Deficit/surplus
El Salvador

Togo
1x
Year Deficit/surplus, % of GDP
El Salvador Togo
2024 -4.55% -7.43%
2023 -4.69% -6.73%
2022 -2.68% -8.33%
2021 -5.53% -4.65%
2020 -8.18% -7.05%
2019 -3.07% 1.67%
2018 -2.71% -0.59%
2017 -2.53% -0.21%
2016 -3.1% -7.02%
2015 -3.63% -7.04%
2014 -4.02% -7.11%
2013 -4.46% -5.08%
2012 -3.81% -4.63%
2011 -4.47% -4.48%
2010 -4.97% -1.66%
2009 -6.65% -2.63%
2008 -3.8% -0.59%
2007 -2.32% -1.83%
2006 -3.42% -1.94%
2005 -3.47% -1.67%
2004 -2.76% 0.61%
2003 -4.23% 1.43%
2002 -5.5% -0.28%
2001 -4.95% -0.72%
2000 -3.45% -3.45%
1999 -3.08% -1.76%
1998 -2.94% -3.25%
1997 -1.97% -0.98%
1996 -2.7% -3.26%
1995 -0.18% -2.97%
1994 -0.94% -5.37%
1993 -1.42% -8.46%
1992 -4.29% -2.27%
1991 -2.3% -3.52%
1990 -0.61% -1.65%
1989 - -2.18%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989, retrieved 2026-02-20).

GeoRank.org/economy/el-salvador/togo | 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 Togo's deficit of $791M, or 7.43% of GDP.

Over the past 35 years, El Salvador recorded a fiscal deficit in 35 of those years, while Togo ran a deficit in 32 years. On average, El Salvador posted an annual deficit equal to 3.52% of GDP, compared to deficit of 3.28% of GDP for Togo.

Inflation comparison by year

Inflation
El Salvador

Togo
1x
Year Consumer prices inflation
El Salvador Togo
2024 0.85% 2.86%
2023 4.05% 5.49%
2022 7.2% 7.97%
2021 3.47% 4.19%
2020 -0.37% 1.7%
2019 0.08% 0.67%
2018 1.09% 0.93%
2017 1.01% -0.98%
2016 0.6% 1.29%
2015 -0.73% 2.59%
2014 1.14% 0.19%
2013 0.76% 1.83%
2012 1.73% 2.58%
2011 5.13% 3.56%
2010 1.18% 1.45%
2009 1.06% 3.71%
2008 6.71% 8.69%
2007 4.58% 0.95%
2006 4.04% 2.23%
2005 4.69% 6.78%
2004 4.45% 0.39%
2003 2.12% -0.93%
2002 1.87% 3.06%
2001 3.75% 3.92%
2000 2.27% 1.86%
1999 0.51% -0.05%
1998 2.55% 0.98%
1997 4.49% 8.25%

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

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

Over the past 28 years, El Salvador has recorded an average annual inflation rate of 2.51%, compared with 2.72% in Togo. In 2024, inflation was 0.85% in El Salvador and 2.86% in Togo.

Top exports between countries

El Salvador
Export category Export value
Machinery & equipment $9K
Textiles & consumer goods $7K
Togo
Export category Export value
Weapons & explosives $1.61M

Balance of trade

El Salvador Togo
Current account balance
-$633M
2024
-$20.7M
2020
Current account balance ranking
110/190
2024
79/190
2020
Current account balance, % of GDP
-1.79%
2024
-0.28%
2020
Goods imports
$15.1B
2024
$1.95B
2020
Goods exports
$5.59B
2024
$1.21B
2020
Service imports
$3.26B
2024
$438M
2020
Service exports
$6B
2024
$514M
2020
Imports of goods and services, % of GDP
51.9%
2024
38.1%
2024
Exports of goods and services, % of GDP
32.8%
2024
24.4%
2024

Economic freedom indices

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

El Salvador Togo
Economic freedom 57.7 51.6
Economic freedom ranking 114/197 153/197
Property rights 42.7 43.6
Government integrity 31.5 33.3
Judicial effectiveness 15.3 34
Tax burden 76.8 68.9
Government spending 72.7 79.2
Fiscal health 59.4 9.6
Business freedom 65.7 60.1
Labor freedom 51.6 51.9
Monetary freedom 70.6 72.5
Trade freedom 76.4 65.8
Investment freedom 70 60
Financial freedom 60 40

Economic freedom comparison by year

El Salvador
Togo
1x
Year Economic freedom index
El Salvador Togo
2026 57.7 51.6
2025 56.6 52.3
2024 54.4 50.9
2023 56 55.3
2022 59.6 57.2
2021 61 57.5
2020 61.6 54.1
2019 61.8 50.3
2018 63.2 47.8
2017 64.1 53.2
2016 65.1 53.6
2015 65.7 53
2014 66.2 49.9
2013 66.7 48.8
2012 68.7 48.3
2011 68.8 49.1
2010 69.9 47.1
2009 69.8 48.7
2008 68.5 48.9
2007 68.9 49.7
2006 69.6 47.3
2005 71.5 48.2
2004 71.2 47
2003 71.5 46.8
2002 73 45.2
2001 73 45.3
2000 76.3 46.4
1999 75.1 48.2
1998 70.2 -
1997 70.5 -
1996 70.1 -
1995 69.1 -

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

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

The Economic Freedom Index for El Salvador is 57.7, ranking 114/197, compared to 51.6 for Togo, ranking 153/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

El Salvador Togo
Services, % of GDP
61%
2024
49.2%
2024
Industry, % of GDP
22.4%
2024
20.4%
2024
Agriculture, forestry, and fishing, % of GDP
4.38%
2024
21.3%
2024
GNI, Atlas method
$32.5B
2024
$10.3B
2024
GNI per capita, PPP
$12,420
2024
$3,380
2024
Total reserves including gold
$3.7B
2024
n/a
Total reserves ranking
110/177
2024
n/a
Net foreign direct investment
-$636M
2024
-$53.1M
2020
Net inflows of foreign direct investment
$924M
2024
$83.8M
2024
Net outflows of foreign direct investment
$288M
2024
-$73.4M
2024
Servicing debt to the IMF, % of GNI
35%
2024
3.21%
2024
Poverty at national poverty lines
27.2%
2023
43.8%
2021
Gross capital formation, % of GDP
20.3%
2024
20.8%
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/togo | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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. International Monetary Fund (IMF) | Public Finances in Modern History (1989–2004, retrieved 2026-02-20)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.