El Salvador Poverty Rate
El Salvador's poverty rate fell to 4.6% in 2023, down from 5.2% in 2022, according to World Bank. This represents a decrease of 0.6% from the previous year. El Salvador has poverty rate higher than the global median (4.60% vs median 1.90%). Compared with the median in Americas, El Salvador is higher (4.60% vs regional median 2.25%) and ranks 6th out of 22 countries in Americas.
El Salvador's annual unemployment rate fell to 2.84% in 2024, down from 2.99% in 2023.
Yearly Historical Data (1989-2023)
(in %)El Salvador Poverty Rate : Definition
Poverty Rate measures the percentage of people in El Salvador living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).