Development Project By: Edwin J Romero
Official Name Of Country: Republic of EL Salvador Government: Official Name Of Country: Republic of EL Salvador Leader: Salvador Sánchez Ceren Government Control of The Economy: 66.2/100 Amsterdam, The Netherlands www.kit.nl
Executive Summary Trade Statistics: Top 3 Import Partners: U.S.A, Guatemala, Mexico Top 3 Export Partners: U.S.A, Honduras, Guatemala Top 5 Export Goods: Apparel: knit and non knit, plastics, paper, electrical machinery Top 5 Import Goods: oil + mineral fuels, electrical machinery, industrial machinery, plastics, knitted fabrics Executive Summary Amsterdam, The Netherlands www.kit.nl
Statistics: Population: 6,340,454 Urban Population: 65.774% Infant Mortality Rate: 13.5 peer 1,000 live births Age Dependency Ratio: 58.9781 of working-age population Amsterdam, The Netherlands www.kit.nl
Economics: Income Level = lower middle income Level of Development = Developing GDP per Capital = $7,764 GDP PPP = $ 49 billion GDP Growth % = 1.676% GDP Rank = 104 out of 192 GDP Composition Percentage: Amsterdam, The Netherlands www.kit.nl
Weaknesses: Strengths: Recommendations: Growth per capital is low Low technology advancement High unemployment Strengths: Stable inflation Equal distribution of wealth Recommendations: Better wages, more job, and control aver the country’s economy Amsterdam, The Netherlands www.kit.nl
Summary Even though El Salvador is the smallest country in Central America and it is a developing country, it occupies the third place in the rank of the richest country in Central America. El Salvador’s inflation maintains stable because of the use of the dollar, money originally from the United States. The economy of El Salvador is a mixed economy, which means that people have freedom on the money’s management. The economy in El Salvador has an equal distribution of wealth. Amsterdam, The Netherlands www.kit.nl