El Salvador Economy

El Salvador Economy

Subchapters: Basic data Public finances and the state budget Banking system Tax System Basic data El Salvador is a small dollar economy dependent on investment, trade and remittance inflows from the US, making it vulnerable to external economic influences. 2021 saw a sharp economic recovery, with the country’s GDP growing by 10.2% and output returning […]

El Salvador History 2

El Salvador History

The Spanish conquest and independence The territory corresponding to the current El Salvador, populated in pre-Columbian times by indigenous tribes belonging to two groups Lenca and Pipil, was conquered by the Spaniards after more than four years of bloody wars (1524-28) and remained dependent for the entire colonial age on ‘Audiencia of Guatemala, in turn […]

El Salvador

Travel to El Salvador

On the western side of Central America and on the Pacific coast, lies El Salvador. It is the smallest state in Central America and is also the only country that does not have a coast facing the Caribbean Sea. According to itypeauto, the country has often been called the “Land of Volcanoes”, although volcanoes are […]