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| Government Type |
republic |
| Legal System |
based on civil and Roman law, with traces of common law; judicial review of legislative acts in the Supreme Court; accepts compulsory ICJ jurisdiction, with reservations |
| Currency |
US dollar (USD) |
| Economic Overview |
In recent years, this Central American economy has been suffering from a weak tax collection system, factory closings, the aftermaths of Hurricane Mitch of 1998 and the devastating earthquakes of early 2001, and weak world coffee prices. On the bright side, inflation has fallen to single digit levels, and total exports have grown substantially. The trade deficit has been offset by annual remittances of almost $2 billion from Salvadorans living abroad and by external aid. The US dollar is now the legal tender. Because competitor countries have fluctuating exchange rates, El Salvador must face the challenge of raising productivity and lowering costs. |
| Natural Resources |
hydropower, geothermal power, petroleum, arable land |
| Primary Industries |
food processing, beverages, petroleum, chemicals, fertilizer, textiles, furniture, light metals |
| Agricultural Products |
coffee, sugar, corn, rice, beans, oilseed, cotton, sorghum; shrimp; beef, dairy products |
| Import Commodities |
raw materials, consumer goods, capital goods, fuels, foodstuffs, petroleum, electricity |
| Export Commodities |
offshore assembly exports, coffee, sugar, shrimp, textiles, chemicals, electricity |
| Export Partners |
US 65%, Guatemala 11%, Honduras 8%, EU 5% (2000) |
| AIRPORTS of El Salvador |
| El Salvador Intīl Airport |
International, San Salvador 42km (26miles), Position 13°43ī00"N, 089°10ī00"W, Elevation 616m (2,020ft),20 Aircraft Stands |
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