The Salvadoran Economy in the Fourth Quarter 2010

©image: FUSADES

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.

Other information provided by the report:

• Exports and imports increased 17.8%.
• Non-traditional exports gained 20.1%, textiles 16.8% and traditional exports 7.6%.
• Fuel imports increased by U.S. $ 352 million.
• Wires experienced a moderate growth.
• The export sector received more bank credits.

Source: Salvadoran Foundation for Economic and Social Development

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