El Salvador: Difference between revisions
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Revision as of 08:28, 6 November 2010
El Salvador achieved independence from Spain in 1821 and from the Central American Federation in 1839. A 12-year civil war, which cost about 75,000 lives, was brought to a close in 1992 when the government and leftist rebels signed a treaty that provided for military and political reforms.[1]
Economical characteristics
- Currency: U.S. dollar (ISO code: USD)
- Central bank discount rate: [1]
- Commercial banks lending rate: 12.33% (31 December 2008)[1]
- Stock of money (M1): $213.7 million (31 December 2008)[1]
- Quasi money (with M1 makes M2): $788.7 million (31 December 2008)[1]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (million USD)[2] | 12 465 | 13 134 | 13 813 | 14 307 | 15 047 | 15 798 | 17 070 | 18 654 | 20 373 | 22 115 |
| Govt. debt (% of GDP)[3] | 55.278 | 50.973 | 49.085 | 48.404 | 43.326 | 40.484 | 39.388 | |||
| Govt. revenue (% of GDP)[4] | 16.001 | 15.252 | 15.555 | 15.877 | 17.210 | 19.155 | 19.879 | |||
| Govt. expenses (% of GDP)[5] | 17.901 | 15.266 | 17.043 | 17.630 | 19.324 | 17.153 | 18.505 | |||
| Debt to revenue (years) | 3.455 | 3.342 | 3.155 | 3.049 | 2.518 | 2.113 | 1.981 |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 Cite error: Invalid
<ref>tag; no text was provided for refs namedCIA_SV - ↑ World Bank. "El Salvador: GDP", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "El Salvador: government debt", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "El Salvador: government revenue", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "El Salvador: government expenses", from World Bank Data. Referenced 2010-09-30.
External links
- El Salvador on Wikipedia
- Central bank of El Salvador
- Country profile (pdf) from the Enterprise Studies page (part of the The World Bank Group)
- Studies from the Library of Congress (1986-1998)
- BBC country profile