Security and tourism main drivers of economic growth in the country 2024-04-02 13:43:33

Through a press conference, representatives of the Central Reserve Bank (BCR) highlighted the main drivers of national growth in 2023, including public security, the development of public and private investment projects, and the promotion and increase of tourism. Salvadoran.

The statistics presented by the BCR also showed favorable growth in 17 of the 19 economic activities that make up the
Gross Domestic Product (GDP), mainly highlighting: construction 17.9%, electricity 14.6%, professional services 11.1%, leisure services 10.2%, financial services 7.5%, administrative and support services 4.6% and Government services 3.9%.

In addition to the productive sectors, the increase in economic matters has also been greatly influenced by the investment factor, which recorded a figure of $6,628.4 million in private investment, $864.1 million public investment, while foreign direct investment was $759.7 million, which is 60% above the average of the last 10 years.


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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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