The 2008 CIA World Factbook. United States. Central Intelligence Agency
18 years of age; universal
Executive branch:
chief of state: President Elias Antonio SACA Gonzalez (since 1 June 2004); Vice President Ana Vilma Albanez DE ESCOBAR (since 1 June 2004); note - the president is both the chief of state and head of government head of government: President Elias Antonio SACA Gonzalez (since 1 June 2004); Vice President Ana Vilma Albanez DE ESCOBAR (since 1 June 2004) cabinet: Council of Ministers selected by the president elections: president and vice president elected on the same ticket by popular vote for a single five-year term; election last held 21 March 2004 (next to be held in March 2009) election results: Elias Antonio SACA Gonzalez elected president; percent of vote - Elias Antonio SACA Gonzalez 57.7%, Schafik HANDAL 35.6%, Hector SILVA 3.9%, other 2.8%
Legislative branch:
unicameral Legislative Assembly or Asamblea Legislativa (84 seats; members are elected by direct, popular vote to serve three-year terms) elections: last held 12 March 2006 (next to be held in March 2009) election results: percent of vote by party - NA; seats by party - ARENA 34, FMLN 32, PCN 10, PDC 6, CD 2
Judicial branch:
Supreme Court or Corte Suprema (15 judges are selected by the
Legislative Assembly; the 15 judges are assigned to four Supreme
Court chambers - constitutional, civil, penal, and administrative
conflict)
Political parties and leaders:
Christian Democratic Party or PDC [Rodolfo PARKER]; Democratic
Convergence or CD [Ruben ZAMORA] (formerly United Democratic Center
or CDU); Farabundo Marti National Liberation Front or FMLN [Medardo
GONZALEZ]; National Conciliation Party or PCN [Ciro CRUZ ZEPEDA];
National Republican Alliance or ARENA [Elias Antonio SACA Gonzalez];
Popular Social Christian Party or PPSC [Rene AGUILUZ]; Revolutionary
Democratic Front or FDR [Julio Cesar HERNANDEZ Carcamo]
Political pressure groups and leaders:
labor organizations - Electrical Industry Union of El Salvador or SIES; Federation of the Construction Industry, Similar Transport and 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 and Peasant Workers or USEPOC; Salvadoran Workers Central or CTS; Workers Union of Electrical Corporation or STCEL; business organizations - National Association of Small Enterprise or ANEP; Salvadoran Assembly Industry Association or ASIC; Salvadoran Industrial Association or ASI
International organization participation:
BCIE, CACM, 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, MIGA, MINURSO, NAM (observer),
OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UNIFIL, Union
Latina, UNMIL, UNMIS, UNOCI, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO,
WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador Rene Antonio LEON Rodriguez chancery: 1400 16th Street, Washington, DC 20036 telephone: [1] (202) 265–9671 FAX: [1] (202) 234–3763 consulate(s) general: Boston, Chicago, Dallas, Elizabeth (New Jersey), Houston, Las Vegas, Los Angeles, Miami, New York (2), Nogales (Arizona), Santa Ana (California), San Francisco, Washington (DC), Woodbridge (Virginia), Woodstock (Georgia)
Diplomatic representation from the US:
chief of mission: Ambassador Charles L. GLAZER embassy: Final Boulevard Santa Elena Sur, Antiguo Cuscatlan, La Libertad, San Salvador mailing address: Unit 3116, APO AA 34023; 3450 San Salvador Place, Washington, DC 20521–3450 telephone: [503] 2501–2999 FAX: [503] 2501–2150
Flag description:
three equal horizontal bands of blue (top), white, and blue with the national coat of arms centered in the white band; the coat of arms features a round emblem encircled by the words REPUBLICA DE EL SALVADOR EN LA AMERICA CENTRAL; similar to the flag of Nicaragua, which has a different coat of arms centered in the white band - it features a triangle encircled by the words REPUBLICA DE NICARAGUA on top and AMERICA CENTRAL on the bottom; also similar to the flag of Honduras, which has five blue stars arranged in an X pattern centered in the white band
Economy
El Salvador
Economy - overview:
The smallest country in Central America, El Salvador has the third largest economy, but growth has been modest in recent years. Robust growth in non-traditional exports have offset declines in the maquila exports, while remittances and external aid offset the trade deficit from high oil prices and strong import demand for consumer and intermediate goods. El Salvador leads the region in remittances per capita with inflows equivalent to nearly all export income. Implementation in 2006 of the Central America-Dominican Republic Free Trade Agreement (CAFTA), which El Salvador was the first to ratify, has strengthened an already positive export trend. With the adoption of the US dollar as its currency in 2001, El Salvador lost control over monetary policy and must concentrate on maintaining a disciplined fiscal policy. The current government has pursued economic diversification, with some success in promoting textile production, international port services, and tourism through tax incentives. It is committed to opening the economy to trade and investment, and has embarked on a wave of privatizations extending to telecom, electricity distribution, banking, and pension funds. In late 2006, the government and the Millennium Challenge Corporation signed a five-year, $461 million compact to stimulate economic growth and reduce poverty in the country's northern region through investments in education, public services, enterprise development, and transportation infrastructure.
GDP (purchasing power parity):
$41.63 billion (2007 est.)
GDP (official exchange rate):
$20.37 billion (2007 est.)
GDP - real growth rate:
4.7% (2007 est.)
GDP - per capita (PPP):
$6,000 (2007 est.)
GDP - composition by sector:
agriculture: 10.8% industry: 30.8% services: 58.4% (2007 est.)
Labor force:
2.913 million (2007 est.)
Labor force - by occupation:
agriculture: 19% industry: 23% services: 58% (2006 est.)
Unemployment rate:
6.2% official rate; but the economy has much underemployment (2007 est.)
Population below poverty line:
30.7% (2006 est.)
Household income or consumption by percentage share:
lowest 10%: 0.7% highest 10%: 38.8% (2002)
Distribution of family income - Gini index:
52.4 (2002)
Investment (gross fixed):
16.1% of GDP (2007 est.)
Budget:
revenues: $3.659 billion expenditures: $3.709 billion (2007 est.)
Fiscal year:
calendar year
Public debt:
37.3% of GDP (2007 est.)
Inflation rate (consumer prices):
4.6%