The UN's Economic Commission for Latin America and the Caribbean (ECLAC) now expects El Salvador's economy to expand by 4.5% this year, compared with the 3.9% it predicted in August, The Rio Times reports.
The figure matches World Bank and IMF forecasts, and ECLAC expects growth of 4.1% in 2027. El Salvador's central bank forecasts 4.5% to 5% this year.
The commission also cut its outlook for Latin America and the Caribbean as a whole to 2% in 2026, after 2.4% growth in 2025, citing high international uncertainty.
El Salvador uses the US dollar and relies heavily on money sent home from abroad, mostly from the United States, worth about a quarter of its output. The report notes that farm output fell in the second quarter and that El Nino and higher prices linked to the Middle East conflict are risks.
Source: The Rio Times
