Exports of services as a part of balance of payment rose 17.4% to USD 6.00 bil in El Salvador in 2024, according to the National Statistical Office.
Historically, exports of services as a part of balance of payment in El Salvador reached an all time high of USD 6.00 bil in 2024 and an all time low of USD 0.113 bil in 1977. When compared to El Salvador's main peers, exports of services as a part of balance of payment in Costa Rica amounted to USD 16.1 bil, USD 4.67 bil in Guatemala, USD 3.68 bil in Honduras and USD 1.30 bil in Nicaragua in 2024.
El Salvador has been ranked 73rd within the group of 103 countries we follow in terms of exports of services as a part of balance of payment, 24 places above the position seen 10 years ago.
Exports of Services (BoP, USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Belize | USD bil | 0.620 | 0.677 | 0.426 | 0.621 | 0.851 | ||||||||||||||||
Costa Rica | USD bil | 9.75 | 10.9 | 7.91 | 8.78 | 12.7 | ||||||||||||||||
El Salvador | USD bil | 2.83 | 3.31 | 2.20 | 3.10 | 4.32 | ||||||||||||||||
Guatemala | USD bil | 3.71 | 3.68 | 2.59 | 2.88 | 3.89 | ||||||||||||||||
Honduras | USD bil | 2.82 | 2.98 | 1.98 | 2.84 | 3.36 | ||||||||||||||||
Mexico | USD bil | 40.2 | 44.2 | 28.5 | 42.4 | 52.2 | ||||||||||||||||
Nicaragua | USD bil | 1.36 | 1.37 | 0.946 | 1.04 | 1.56 | ||||||||||||||||
Panama | USD bil | 13.5 | 13.8 | 8.20 | 10.7 | 15.3 | ||||||||||||||||
USA | USD bil | 866 | 891 | 726 | 805 | 949 |