@El Salvador:Economy
Economy - overview: El Salvador is a poor Central American economy which has been suffering from a weak tax collection system, factory closings, the aftermath of Hurricane Mitch, and weak world coffee prices. On the bright side, in recent years inflation has fallen to single digit levels, and total exports have grown substantially. The substantial trade deficit has been offset by remittances from the large number of Salvadorans living abroad and from external aid.
GDP: purchasing power parity - $18.1 billion (1999 est.)
GDP - real growth rate: 2.2% (1999 est.)
GDP - per capita: purchasing power parity - $3,100 (1999 est.)
GDP - composition by sector: agriculture: 12% industry: 22% services: 66% (1999 est.)
Population below poverty line: 48% (1999 est.)
Household income or consumption by percentage share: lowest 10%: 1.2% highest 10%: 38.3% (1995)
Inflation rate (consumer prices): 1.3% (1999 est.)
Labor force: 2.35 million (1999)