Economy of El Salvador in Second Quarter of 2011

The report presents a comprehensive quarterly analysis of the behavior of El Salvador’s major economic indicators of, relating to the following sectors and issues: prices, real estate, fiscal, financial, external, agriculture, environment, social and global perspectives.

"Gross Domestic Product (GDP) grew only 1.7% between April and June 2011, a figure considered low by analysts.

Forecasts for GDP growth for the second half of 2011 are even less encouraging.

Forecasts indicate that the Government will not achieve its goal of bringing the fiscal deficit to 3.5% of GDP, instead it will remain at 4.2%. "

More on this topic

Economy of El Salvador in the Third Quarter of 2011

November 2011

FUSADES has submitted a Situation Report for the period July-September 2011.

A press release from the Salvadoran Foundation for Economic and Social Development (FUSADES in Spanish) states:

Historically, public policies have not really taken into account recurring negative impacts.

The Salvadoran Economy in the Fourth Quarter 2010

February 2011

FUSADES published a Situation Report for the period from October to December 2010.

The report highlights the slower growth of the Salvadoran economy compared to its regional partners, signaling the main causes for the lack of recovery: bad investment climate, political and economic uncertainty and insecurity.

Nicaragua: Economic Situation in June 2011

July 2011

FUNIDES has projected economic growth of 3.5% to 4% for 2011-2013, noting that these are various risks that make the projections err towards the downside.

The executive summary of the second situation report by the Nicaraguan Economic Foundation for Economic and Social Development (FUNIDES) 2011 begins:

SECMCA's Monthly Report: 2nd Quarter of 2010

July 2010

Inflation deceleration and Risks to economic recovery.

The quarterly report from the Executive Secretary of the Central American Monetary Council (SECMCA) focuses on the region's inflation and recovery prospects.

Inflation, measured by year-on-year change in consumer prices, slowed in the second quarter of 2010 to 4.9%, compared to 2.9% in June 2009. This level is within the target limits set by the region's central banks.