Throughout 2023, several factors contributed positively to productive activity, including:

• The development of public and private investment projects, such as highways, overpasses, ports, airport and hospital improvements, construction works in higher education centers, residential projects of horizontal and vertical infrastructure, corporate buildings, shopping centers, among others.
• The greater dynamism of the construction industry and an increase in the demand for services, mainly those associated with construction.
• Promotion and increase of domestic and foreign tourism, registering 3.4 million international visitors in 2023 according to the Ministerio de Turismo (MITUR), which meant an increase of 33% over 2022. This, in turn, had an impact on tourism-related activities.
• Development of the XXIV Central American and Caribbean Games San Salvador 2023, which involved the construction and remodeling of sports venues, which were subsequently used for other sporting events.
• Positioning as a host country for international surfing tournaments. During the year 2023, six international events were held that positioned the country as a benchmark in this sport, generating interest for the development of new events.
• Likewise, El Salvador's participation as host country of the Miss Universe 2023 International Beauty Pageant, an event that attracted many visitors, required the preparation of infrastructure, and positively impacted the demand for restaurant and hotel services, communications, transportation, travel agencies, personal services, and commerce, among others.

Translated by: A.M