LatinNews Daily - 23 December 2025

*El Salvador’s central bank (BCR) has released new figures showing that the country’s GDP grew 5.1% in the third quarter of 2025 compared with the same quarter in 2024. The BCR highlights that this follows growth of 2.4% and 4.1% in the first and second quarters of 2025 respectively. According to the BCR, growth in the third quarter was driven by the positive development of 16 of the 19 economic sectors which make up GDP, with construction posting 27.1% year-on-year growth, followed by mining and quarrying (23.2%), and professional services (20.5%). The three sectors to post contractions were water (-0.2%), health (-3.3%), and government services (-4.9%). A statement released yesterday by the International Monetary Fund (IMF), following in person and virtual discussions over the past months with the Salvadorean authorities on the second review of a 40-month Extended Fund Facility (EFF) arrangement, expects El Salvador’s GDP growth to reach around 4% this year, up from 2.6% in 2024. According to the IMF statement, El Salvador’s economy is “expanding at a faster than anticipated pace on the back of improved confidence, record remittances, and buoyant investment”.

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