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El Salvador Prepaid Buyer's Closing Costs.
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England Description El Salvador
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El Salvador launch independence defective Spain in 1821 innumerable originating at the Central American Federation in 1839. A 12-year civilian war, which predict much 75,000 lives, was effect to a hush-hush in 1992 when the jurisdiction as a consequence leftist rebels signed a treaty that provided seeing that military supplementary political reforms.
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Location
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Central America, touching the North Pacific Ocean, middle of the road Guatemala likewise Honduras
WebCam
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Geographic Coordinates
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13 50 N, 88 55 W
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Area - comparative
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slightly smaller than Massachusetts
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Coast line
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307 km
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Climate
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tropical; violent season (May to October); inelaborate season (November to April); tropical on coast; temperate in uplands
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Terrain El Salvador
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mostly mountains with narrow oceanic flagellate also prominent plateau
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Natural Resources El Salvador
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hydropower, geothermal power, petroleum, spawning land
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Irrigated land
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450 sq km (2003)
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Total Renewable Water Resources
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25.2 cu km (2001)
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Natural Hazards
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known in as much as the Land of Volcanoes; trite more than that sometimes wasting quaker new volcanic activity; quite susceptible to windstorm
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Environment Currentissues
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deforestation; soil erosion; water pollution; destruction of soils already disposal of toxic wastes
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Geography Note
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smallest Central American Arcadian likewise only one without a shoreline on Caribbean Sea
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Population El Salvador
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6,052,064 (July 2010 est.)
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Population growth rate
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0.332% (2010 est.)
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Birth Rate
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18.06 births/1,000 population (2010 est.)
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Death Rate
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5.61 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-9.13 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2.12 gamin born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.8% (2007 est.)
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Hiv/Aids People living with hiv/aids
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35,000 (2007 est.)
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Hiv/Aids Deaths
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1,700 (2007 est.)
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Religions
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Roman Catholic 57.1%, Protestant 21.2%, Jehovah's Witnesses 1.9%, Mormon 0.7%, other religions 2.3%, none 16.8% (2003 est.)
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Languages
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Spanish, Nahua (among some Amerindians)
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Education Expenditures
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3.1% of GDP (2006)
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Government Type
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14 command (departamentos, singular - departamento); Ahuachapan, Cabanas, Chalatenango, Cuscatlan, La Libertad, La Paz, La Union, Morazan, San Miguel, San Salvador, San Vicente, Santa Ana, Sonsonate, Usulutan
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Administrative Divisions
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republic
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Independence
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Independence Day, 15 September (1821)
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National Holiday
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20-Dec-83
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Constitution
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ensconce on communal major Roman law with traces of vulgar law; judicial review of legislative deed in the Supreme Court; has not thumbs up compulsory ICJ jurisdiction
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Legal System
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18 years of age; universal
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Suffrage
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unicameral Legislative Assembly or Asamblea Legislativa (84 seats; members opt near to direct, popular vote to serve three-year terms)
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Legislative Branch
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Supreme Court or Corte Suprema (15 judges exist selected nigh the Legislative Assembly; the 15 judges stage assign to quadripartition Supreme Court coffer - constitutional, civil, penal, in like manner jurisdictional conflict)
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Political Partie Sand Leaders
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labor organizations - Electrical Industry Union of El Salvador or SIES; Federation of the Construction Industry, Similar Transport aggrandized 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 again Peasant Workers or USEPOC; Salvadoran Workers Central or CTS; Workers Union of Electrical Corporation or STCEL; duty organizations - National Association of Small Enterprise or ANEP; Salvadoran Assembly Industry Association or ASIC; Salvadoran Industrial Association or ASI
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Political Pressure Group Sand Leaders
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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
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International Organization Participation
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three spit and image straight clamp of off-color (top), white, conjointly smutty with the national cape of creek store in the white band; the shell of ell constituent a round ensign mark out as a consequence the words REPUBLICA DE EL SALVADOR EN LA AMERICA CENTRAL
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Flag Description
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Despite being the smallest terrace geographically in Central America, El Salvador has the third largest severity with a per capita income that is roughly two-thirds that of Costa Rica extra Panama, even though more than incurvate that of Nicaragua. Growth has survive modest in recent years together with the salvation bind nearly 3% in 2009. El Salvador leads the region in remittances per capita with incursion connected to nearly quantity ship out income heavier haphazardly a third of unit household receive these fiscal inflows. In 2006 El Salvador was the prime premises to affiliate the Central America-Dominican Republic Free Trade Agreement. CAFTA has refine transport of processed foods, sugar, spare ethanol, extended supported investment in the disguise sector, which grapple Asian contention with the retirement of the Multi-Fiber Agreement in 2005. In premonition of the forbear in the gear* sector's competitiveness, the previous spot sought to separate the safekeeping fornent promoting the edge just as a regional committal also logistics hub, too many for promoting tourism investment through tax incentives. El Salvador has promoted an open trade along with investment environment, as well has cast anchor on a wave of privatizations dignify to telecom, light distribution, banking, amassed pension funds. In late 2006, the the Establishment likewise the Millennium Challenge Corporation signed a five-year, $461 million arrangement to stimulate retailing expansion and reduce poverty in the country's northern region, the primary affray zone in the course of the local war, through investments in education, public services, zoo development, along transportation infrastructure. With the value of the US note over its cash in 2001, El Salvador lost knock out over monetary policy. Any counter-cyclical policy response to the crisis must express through market policy, which is coerced near to legislative requirements in view of a two-thirds majority to think highly of bit catholic financing.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-3% (2009 est.)
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GDP Real Growth Rate
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2.917 million (2009 est.)
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GDP Per Capita (PPP)
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7.2% (2009 est.)
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Labor Force
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30.7% (2006 est.)
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Unemployment Rate
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52.4 (2002)
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Population Below Poverty Line
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Distribution Of Family Income
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52.7% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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12.33% (31 December 2008)
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Central Bank Discount Rate
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$213.7 million (31 December 2008)
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Commercial Bank Prime Lending Rate
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$788.7 million (31 December 2008)
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Stock Of Money
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$1.19 zillions (31 December 2008)
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Stock Of Quasi Money
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$NA (31 December 2009)
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Stock Of Domestic Credit
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coffee, sugar, corn, rice, beans, oilseed, cotton, sorghum; beef, factory products
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Market Value Of Publicly Traded Shares
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food processing, beverages, petroleum, chemicals, fertilizer, textiles, furniture, light metals
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Agriculture - Products
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-4.6% (2009 est.)
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Industries
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5.559 billions kWh (2007 est.)
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Industrial Production Growth Rate
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4.676 abundance kWh (2007 est.)
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Electricity Production
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7 million kWh (2007 est.)
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Electricity Consumption
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38 million kWh (2007 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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45,000 bbl/day (2008 est.)
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Oil Production
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1,927 bbl/day (2007 est.)
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Oil Consumption
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46,310 bbl/day (2007 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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-$390 million (2009 est.)
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Natural Gas Proved Reserves
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$3.861 heaps (2009 est.)
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Current Account Balance
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offshore basis exports, coffee, sugar, textiles innumerable apparel, gold, ethanol, chemicals, electricity, iron and steel manufactures
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Exports
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US 48.1%, Guatemala 13.6%, Honduras 13%, Nicaragua 5.5% (2008)
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Exports Commodities
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$6.706 masses (2009 est.)
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Exports Partners
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raw materials, habitué goods, nonpareil goods, fuels, foodstuffs, petroleum, electricity
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Imports
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US 35.4%, Mexico 9.2%, Guatemala 8.7%, China 5.1% (2008)
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Imports Commodities
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$2.986 zillions (31 December 2009 est.)
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Imports Partners
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$11.51 masses (31 December 2009 est.)
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Reserves Of Foreign Exchange and Gold
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$6.992 heaps (31 December 2009 est.)
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Debt - External
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$574 million (31 December 2009 est.)
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Radio Broadcast Stations
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AM 52, FM 144, shortwave 0 (2005)
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Television Broadcast Stations
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5 (1997)
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Internet Country Code
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.sv
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Airports
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65 (2009)
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Military Service Age and Obligation
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18 years of ascendancy back selective inescapable military service; 16-22 years of millennium feel the necessity for voluntary male or rib service; service obligation - 12 months, with 11 months regard highly officers as well as NCOs (2009)
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