El Salvador is a small, densely populated Central American country that is struggling to overcome the legacy of a lengthy civil war that took place in the 1980s. Since a peace accord was signed in 1992, major economic reforms such as trade liberalization and the privatization of the financial sector have been undertaken; these reforms have stimulated economic growth and reduced extreme poverty. El Salvador was hard hit, however, by the 2008-09 global financial downturn, with a decrease in exports and remittances, high levels of unemployment, and increasing food and fuel costs.
- 6,12724,259,100,000 $3,940 $518,496,132 $6.40 %0.70 %139.7231.80 %
- 2,51312.30 %6.00 %16.00