According to the IMF and CIA World Factbook, El Salvador has the third largest economy in the region (behind Costa Rica and Panama) when comparing nominal Gross Domestic Product and purchasing power GDP.[19] El Salvador's GDP per capita stands at US$4,365.[20]
Most of El Salvador's economy has been hampered by natural disasters such as earthquakes and hurricanes, but El Salvador currently has a steadily growing economy.
GDP in purchasing power parity (PPP) in 2008 was estimated at $ 25.895 billion USD. The service sector is the largest component of GDP at 64.1%, followed by the industrial sector at 24.7% (2008 est.). Agriculture represents only 11.2% of GDP (2010 est.).
The GDP has been growing since 1996 at an annual rate that averages 3.2% real growth. The government has recently committed to free market initiatives, and the 2007 GDP's real growth rate was 4.7%
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