El Salvador recorded the fastest economic growth in Central America in May, with economic activity expanding 5.39% year over year, according to figures highlighted by Bitcoin News.
The growth rate placed El Salvador ahead of Guatemala, at 3.72%, and Costa Rica, at 2.28%, underscoring the country’s strong economic momentum within the region.
Construction emerged as a key driver of the expansion, growing 9.7% amid increased private-sector development and continued investment in public infrastructure. The performance points to stronger activity in one of the sectors with significant implications for employment, investment, and domestic demand.
Other indicators also showed positive momentum. Real estate services grew 7%, while loan portfolios for housing and construction increased 13.9%, suggesting sustained activity in property development and financing.
The latest figures reinforce El Salvador’s position as a rapidly expanding economy in Central America, with infrastructure investment, construction, real estate, and private-sector activity contributing to its current growth trajectory.