El Salvador’s Tax Revenue Surges 11.3% to $4.29 Billion Through May

El Salvador recorded robust fiscal performance during the first five months of the year, with tax revenue increasing by 11.3% to reach $4.29 billion, reflecting continued economic activity and stronger public finances.

According to the Ministry of Finance, tax collections totaled $4,290.2 million through May, surpassing the amount recorded during the same period last year by $436.9 million. The increase was primarily fueled by higher collections from income tax and value-added tax (VAT), the country’s two largest sources of government revenue.

The sustained growth in tax receipts highlights the government’s efforts to strengthen fiscal management while supporting economic expansion. Higher revenues also provide additional resources to finance public investment, social initiatives, and infrastructure projects aimed at promoting long-term development and economic stability in El Salvador.