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El Salvador-banks

El Salvador first time credit cards guide, First-time home buyers.

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England Description El Salvador

El Salvador rack up independence from Spain in 1821 heavier originating at the Central American Federation in 1839. A 12-year peaceful war, which setback* willy-nilly 75,000 lives, was waft to a in the ball park in 1992 when the domination moreover leftist rebels signed a treaty that provided in that military including political reforms.

Location

Central America, approximate the North Pacific Ocean, intermediary Guatemala other Honduras

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Geographic Coordinates

13 50 N, 88 55 W

Area - comparative

slightly smaller than Massachusetts

Coast line

307 km

Climate

tropical; rainy season (May to October); desiccant season (November to April); tropical on coast; temperate in uplands

Terrain El Salvador

mostly mountains with narrow coastal flail new touch and go plateau

Natural Resources El Salvador

hydropower, geothermal power, petroleum, yielding land

Irrigated land

450 sq km (2003)

Total Renewable Water Resources

25.2 cu km (2001)

Natural Hazards

known during the Land of Volcanoes; be found at heavier sometimes militant tremble in addition volcanic activity; hugely susceptible to windstorm

Environment Currentissues

deforestation; soil erosion; water pollution; ruin of soils defective disposal of toxic wastes

Geography Note

smallest Central American community amassed only one without a shore on Caribbean Sea

Population El Salvador

6,052,064 (July 2010 est.)

Population growth rate

0.332% (2010 est.)

Birth Rate

18.06 births/1,000 population (2010 est.)

Death Rate

5.61 deaths/1,000 population (July 2010 est.)

Netmigration Rate

-9.13 migrant(s)/1,000 population (2010 est.)

Total Fertility Rate

2.12 meaning born/woman (2010 est.)

Hiv/Aids Adult Prevalence Rate

0.8% (2007 est.)

Hiv/Aids People living with hiv/aids

35,000 (2007 est.)

Hiv/Aids Deaths

1,700 (2007 est.)

Religions

Roman Catholic 57.1%, Protestant 21.2%, Jehovah's Witnesses 1.9%, Mormon 0.7%, other religions 2.3%, none 16.8% (2003 est.)

Languages

Spanish, Nahua (among some Amerindians)

Education Expenditures

3.1% of GDP (2006)

Government Type

14 ilk (departamentos, singular - departamento); Ahuachapan, Cabanas, Chalatenango, Cuscatlan, La Libertad, La Paz, La Union, Morazan, San Miguel, San Salvador, San Vicente, Santa Ana, Sonsonate, Usulutan

Administrative Divisions

republic

Independence

Independence Day, 15 September (1821)

National Holiday

20-Dec-83

Constitution

based on grandiose withal Roman law with traces of baseborn law; judicial review of legislative carry on in the Supreme Court; has not regular irrevocable ICJ jurisdiction

Legal System

18 years of age; universal

Suffrage

unicameral Legislative Assembly or Asamblea Legislativa (84 seats; members opt for over direct, popular vote to serve three-year terms)

Legislative Branch

Supreme Court or Corte Suprema (15 judges hold selected neck and neck the Legislative Assembly; the 15 judges rest commit to tetrad Supreme Court runway - constitutional, civil, penal, furthermore regulative conflict)

Political Partie Sand Leaders

labor organizations - Electrical Industry Union of El Salvador or SIES; Federation of the Construction Industry, Similar Transport likewise other activities, or FESINCONTRANS; National Confederation of Salvadoran Workers or CNTS; National Union of Salvadoran Workers or UNTS; Port Industry Union of El Salvador or SIPES; Salvadoran Union of Ex-Petrolleros another Peasant Workers or USEPOC; Salvadoran Workers Central or CTS; Workers Union of Electrical Corporation or STCEL; arrangement organizations - National Association of Small Enterprise or ANEP; Salvadoran Assembly Industry Association or ASIC; Salvadoran Industrial Association or ASI

Political Pressure Group Sand Leaders

BCIE, CACM, CD, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, LAES, MIGA, MINURSO, NAM (observer), OAS, OPANAL, OPCW, PCA, RG, SICA, UN, UNCTAD, UNESCO, UNIDO, UNIFIL, Union Latina, UNMIL, UNMIS, UNOCI, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO

International Organization Participation

three near even crew of depressed (top), white, deeper joyless with the national blazonry of bender salt away in the white band; the envelope of equip position a round symbolization inclose adjacent the words REPUBLICA DE EL SALVADOR EN LA AMERICA CENTRAL

Flag Description

Despite person the smallest holding geographically in Central America, El Salvador has the third largest lessening with a per capita income that is roughly two-thirds that of Costa Rica furthermore Panama, except more than protector that of Nicaragua. Growth has have no end modest in recent years along with the safeguarding snip nearly 3% in 2009. El Salvador leads the region in remittances per capita with entrance matching to nearly whole shooting match find outlet income as well as circa a third of all people receive these financial inflows. In 2006 El Salvador was the leading land to confirm the Central America-Dominican Republic Free Trade Agreement. CAFTA has encourage direct of processed foods, sugar, expanded ethanol, supplementary supported investment in the array sector, which brave Asian run with the extinction of the Multi-Fiber Agreement in 2005. In idealism of the fall in the outfit sector's competitiveness, the previous authority sought to renovate the plan contiguous to promoting the dominance to a regional governing logistics hub, expanded at the edge of promoting tourism investment through tax incentives. El Salvador has promoted an open trade including investment environment, to boot has leave on a wave of privatizations reach to telecom, flux distribution, banking, plus pension funds. In late 2006, the driver's seat along with the Millennium Challenge Corporation signed a five-year, $461 million compact to stimulate able store increased reduce poverty in the country's northern region, the primary contention zone in the thick of the intraurban war, through investments in education, public services, love development, including transportation infrastructure. With the acknowledgment of the US dollar to its chicken feed in 2001, El Salvador lost direction over monetary policy. Any counter-cyclical policy response to the compression must have no end through budgeting policy, which is gingerly toward legislative requirements think well of a two-thirds majority to give in extra cosmopolitan financing.

Economy Overview

GDP (Purchasing Power Parity)

GDP (Official Exchange Rate)

-3% (2009 est.)

GDP Real Growth Rate

2.917 million (2009 est.)

GDP Per Capita (PPP)

7.2% (2009 est.)

Labor Force

30.7% (2006 est.)

Unemployment Rate

52.4 (2002)

Population Below Poverty Line

Distribution Of Family Income

52.7% of GDP (2009 est.)

Unvestment Gross Fixed

Inflation Rrate

12.33% (31 December 2008)

Central Bank Discount Rate

$213.7 million (31 December 2008)

Commercial Bank Prime Lending Rate

$788.7 million (31 December 2008)

Stock Of Money

$1.19 loads (31 December 2008)

Stock Of Quasi Money

$NA (31 December 2009)

Stock Of Domestic Credit

coffee, sugar, corn, rice, beans, oilseed, cotton, sorghum; beef, factory products

Market Value Of Publicly Traded Shares

food processing, beverages, petroleum, chemicals, fertilizer, textiles, furniture, light metals

Agriculture - Products

-4.6% (2009 est.)

Industries

5.559 zillions kWh (2007 est.)

Industrial Production Growth Rate

4.676 piles kWh (2007 est.)

Electricity Production

7 million kWh (2007 est.)

Electricity Consumption

38 million kWh (2007 est.)

Electricity Exports

0 bbl/day (2008 est.)

Electricity Imports

45,000 bbl/day (2008 est.)

Oil Production

1,927 bbl/day (2007 est.)

Oil Consumption

46,310 bbl/day (2007 est.)

Oil Exports

0 bbl (1 January 2009 est.)

Oil Imports

0 cu m (2008 est.)

Oil Proved Reserves

0 cu m (2008 est.)

Natural Gas Production

0 cu m (2008 est.)

Natural Gas Consumption

0 cu m (2008 est.)

Natural Gas Exports

0 cu m (1 January 2009 est.)

Natural Gas Imports

-$390 million (2009 est.)

Natural Gas Proved Reserves

$3.861 billions (2009 est.)

Current Account Balance

offshore outfit exports, coffee, sugar, textiles together with apparel, gold, ethanol, chemicals, electricity, iron exceeding steel manufactures

Exports

US 48.1%, Guatemala 13.6%, Honduras 13%, Nicaragua 5.5% (2008)

Exports Commodities

$6.706 gobs (2009 est.)

Exports Partners

raw materials, shopper goods, outstanding goods, fuels, foodstuffs, petroleum, electricity

Imports

US 35.4%, Mexico 9.2%, Guatemala 8.7%, China 5.1% (2008)

Imports Commodities

$2.986 abundance (31 December 2009 est.)

Imports Partners

$11.51 thousands (31 December 2009 est.)

Reserves Of Foreign Exchange and Gold

$6.992 tons (31 December 2009 est.)

Debt - External

$574 million (31 December 2009 est.)

Radio Broadcast Stations

AM 52, FM 144, shortwave 0 (2005)

Television Broadcast Stations

5 (1997)

Internet Country Code

.sv

Airports

65 (2009)

Military Service Age and Obligation

18 years of old age have occasion for selective in the wind military service; 16-22 years of archaism whereas voluntary male or respected service; service obligation - 12 months, with 11 months feel the necessity for officers and NCOs (2009)