El Salvador's Growth To Decelerate As US Slowdown Curbs Remittance Growth

  • Economic activity growth in El Salvador is expected to decelerate as remittance growth slows in line with a slowdown in the US.
  • Investment opportunities remain limited by security concerns, though the potential for Chinese investment is emerging.
  • Downside risks to El Salvador’s growth stem from the potential for a greater than expected slowdown in the US, as well as the impact of US policy toward Central America.

(Source: Fitch)