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El Salvador Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

El Salvador's government debt to gdp was 87.62% in 2025, ranked 31st globally. This represents a 0.1% increase from 2024. Data from IMF WEO, covering 1991–2025.

87.62% +0.11% (+0.1%)
Year 2025 Rank #31 Global Peak 95.37% (2020) Source IMF WEO

El Salvador Government Debt to GDP (1991–2025)

Overview

El Salvador's government debt to gdp stood at 87.62% in 2025, a rise of +0.11% from 2024. The IMF projects 87.62% by 2025. El Salvador ranked 31st globally.

El Salvador’s government debt-to‑GDP ratio has risen steadily over the 35‑year span from 43.33 in 1991 to a peak of 95.36 in 2020, before easing to 87.62 in 2025, placing the country 31st globally. The post‑civil‑war consolidation of the 1990s kept debt low, reaching an all‑time trough of 25.65 in 1998, but fiscal expansions and external financing during the 2010s pushed the ratio upward, culminating in the COVID‑19‑induced surge of 2020. By 2025 the ratio remains near the high‑end of the sample, comparable to peers such as Mauritius (88.13) and Egypt (86.97). The modest decline from the 2020 peak suggests that recent consolidation measures are taking effect, yet the debt burden remains elevated; future trajectories will depend on the government’s ability to sustain fiscal discipline while supporting growth‑oriented spending.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 79.49% - -
2029* IMF 81.41% - -
2028* IMF 82.86% - -
2027* IMF 84.64% - -
2026* IMF 86.91% - -
2025* IMF 87.62% - -
2025 87.62% +0.11% #31
2024 87.51% +2.43% #155
2023 85.09% +1.43% #156
2022 83.66% −4.30% #151
2021 87.96% −7.41% #155
2020 95.37% +17.46% #154
2019 77.91% +0.95% #150
2018 76.96% −0.17% #154
2017 77.14% +1.92% #154
2016 75.21% +1.75% #147
2015 73.46% +1.67% #151
2014 71.79% +2.14% #153
2013 69.66% −0.34% #152
2012 69.99% +4.40% #158
2011 65.60% −1.20% #152
Show all years (1991-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 17.6% GDP growth 1.0% Unemployment 9.1%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

El Salvador matched the Stagflation Risk pattern in 1989. Historically, 38% of countries showing this pattern (117 out of 307) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is El Salvador's government debt to gdp?▾

El Salvador's government debt to gdp was 87.62% in 2025. Ranked 31st globally. This represents a 0.1% increase from the previous year.

What was the highest government debt to gdp in El Salvador?▾

El Salvador's government debt to gdp peaked at 95.37% in 2020.

What was the lowest government debt to gdp in El Salvador?▾

The lowest government debt to gdp in El Salvador was 25.65% in 1998.

How does El Salvador rank in government debt to gdp?▾

El Salvador ranks 31st globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?▾

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of El Salvador in 2025?▾

El Salvador's government debt to gdp is projected to reach 87.62% by 2025 based on IMF projection.

What is the government debt to gdp of El Salvador in 2025?▾

The government debt to gdp of El Salvador in 2025 was 87.62%. This ranks 31st in the world.

Cite this page

APA
El Salvador Government Debt to GDP. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/el-salvador/government-debt-to-gdp/
BibTeX
@misc{historysaid_el-salvador_government-debt-to-gdp, title = {El Salvador Government Debt to GDP}, url = {https://historysaid.com/el-salvador/government-debt-to-gdp/}, publisher = {HistorySaid}, year = {2026} }
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