El Salvador

SV · SLV · 222Latin AmericaUSD $15 methods

Revised · 5 sources

E-commerce market estimated at US$1.1 billion in 2024, growing at ~10% CAGR to 2029.

$1.1 bn
e-commerce spend
3.6M
online population
~30%
banked adults
~15%
credit card population

Payment mix

share of e-commerce spend
  • Cash45%
  • Card35%
  • Bank Transfer12%
  • E-Wallet / Mobile Money5%
  • Cryptocurrency2%
  • Other1%

Methods in use

top 8 of 15 · by spend

Checkout behaviour

Bitcoin legal tender law passed 2021; mandatory acceptance removed December 2024 under IMF agreement.

Bitcoin usage for payments fell from 25.7% (2021) to just 8.1% (2024).

Facts
ISO 3166
SV · SLV · 222
Region
Latin America
Population
6.5M
Currency
USD $
Banked adults
~30%
Methods live
15
Banks covered
16
Sources
Something out of date?

Every figure on this page carries a source. Corrections are reviewed within a week.

Edit this country →