El Salvador’s Economy Shows Momentum as Tax Revenue Tops $6.9 Billion in First 9 Months.

El Salvador’s fiscal performance highlights a resilient domestic economy, with tax revenues reaching $6,912.7 millionbetween January and September. According to updated figures from the Ministry of Finance, total tax collections jumped 12.4% compared to the same period in 2025—representing a $764.2 million increase and outperforming official budget projections by $433.6 million.

The fiscal expansion is primarily propelled by consumer activity and employment stability. Value-Added Tax (VAT) led overall collections at $3,235.3 million (up 13.9%), while Income Tax reached $2,993.6 million (up 11.4%). Together,these two streams account for 90.1% of the country’s total tax revenues, reflecting steady domestic demand and solid corporate earning power.

Taking into account non-tax revenues, fees, and special contributions, total government income rose to $7,173 millionthrough September, outpacing budgetary targets by 3.5%. Import tariff duties also posted solid growth, climbing 8.7% to $305.1 million, while selective excise taxes on consumer goods like cigarettes (+15.5%) and beer ($84 million) further reinforced the positive collection trend.

Looking ahead, “tax revenue statistics serve as a direct snapshot of underlying economic dynamics,” finance officials noted, highlighting that non-tax revenue streams—including service fees, social security contributions, and financial returns—grew 11.7% to hit $260.2 million. This robust financial backdrop reinforces investor confidence as the nation maintains fiscal momentum into the final quarter of the year.