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The official World Bank account shared the new country income rankings, highlighting the growth of El Salvador’s economy after the COVID-19 pandemic.
Given these results, the president of the Central American Bank for Economic Integration (CABEI), Dante Mossi, shared: “Congratulations to the economy of El Salvador, which is now reclassified as an upper-middle income economy.”
In addition, Mossi “recognizes the economic growth that (El Salvador) has had in the post-pandemic.”
Mossi regretted that Honduras and Nicaragua remain as “lower-middle” income countries, lagging behind in comprehensive development at the regional level.