General Information

Meat and dairy products account for 24% of the country's export sales, while sugar represents 8% and the fishing industry 4.5%.
(Source: Central Bank)

Gross Domestic Product (GDP) % of regional GDP GDP per head

USD 13,118

millions

0.3%

 

USD 2,082

 

Economic Statistics (years 2015 - forecast 2020)

National Accounts 2015 2016 2017 2018 f.2019 f.2020
             
GDP growth (%) 4.8% 4.6% 4.7% -3.8% -5.5% -2.6%
Nominal GDP (USD millions) 12,757 13,286 13,844 13,118 12,299 11,838
GDP per Head (USD) 2,091 2,178 2,233 2,082 1,922 1,850
Inflation (%) 3.1% 3.1% 5.7% 3.9% 5.6% 3.5%
Fiscal Balance (% GDP) -1.6% -2.0% -2.0% -4.1% -3.8% -3.5%
General Govt. gross debt (% GDP) 45.3% 44.8% 47.0% 52.7% 59.9% 65.1%
   

Trade Statistics

Foreign Trade - Composition        
           
Exports     Imports    
           
By countries     By countries  
US 47.1%   US   21.8%
El Salvador 9.7%   China   14.3%
Honduras 5.5%   Mexico   10.5%
Costa Rica 3.6%   Costa Rica   7.9%
           
By products     By products  
Agricultural products 76.6%   Manufactures 60.7%
Manufactures 5.0%   Fuels and mining prod. 18.8%
Fuels and mining prod. 2.3%   Agricultural products 17.6%

 

   
Balance of Payments (USD millions) 2015

2016

2017 2018 f.2019 f.2020
             
Exports of Goods 3,859 3,772 4,143 4,168 4,056 4,087
Exports growth (%) -7.0% -2.3% 9.8% 0.6% -2.7% 0.8%
Imports of Goods 6,405 6,384 6,613 5,802 4,991 4,958
Imports growth (%) 1.4% -0.3% 3.6% -12.3% -14.0% -0.7%
Foreign Trade (% GDP) 80% 76% 78% 76% 74% 76%
             
Current Account Balance -1,145 -991 -694 83 545 527
% GDP -9.0% -7.5% -5.0% 0.6% 4.4% 4.5%
Foreign Direct Investment 950 899 897 359 251 256
% GDP 7.4% 6.8% 6.5% 2.7% 2.0% 2.2%
   

 

Disclaimer

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