About El Salvador's economy

El Salvador's economy is the smallest in Central America but has experienced growth in recent years. The country's gross domestic product (GDP) reached $31.98 billion in 2022, with a per capita GDP of $4,551.18. El Salvador is heavily reliant on trade, with exports accounting for over 60% of GDP. The country's main exports include coffee, textiles, and chemicals. El Salvador is also a member of the Central American Common Market (CACM), which facilitates trade between its member countries. The government of El Salvador is a major purchaser of goods and services, with procurement spending accounting for around 15% of GDP. The government's main procurement contracts are in the areas of construction, infrastructure, and technology.

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