President Bukele has vowed to fight corruption, but he inherits a country marred by gang violence. A partial economic recovery from the Coronavirus (COVID-19) pandemic is expected in 2021, but the country is over-reliant on the US for trade, remittances and foreign investment. Essential categories will drive consumer spending in the future and El Salvador could capitalise on its positive demographics. Internet use and mobile telephony are expanding, with 5G technology on the horizon.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
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