El Salvador is the smallest and the most densely populated country in Central America. El Salvador's capital and largest city is San Salvador. As of 2015[update], the country had a population of approximately 6.83 million, consisting largely of Mestizos of European and Indigenous American descent.[1]
El Salvador's economy was historically dominated by agriculture, beginning with the indigo plant (añil in Spanish), the most important crop during the colonial period,[2][3] and followed thereafter by coffee, which by the early 20th century accounted for 90 percent of export earnings.[4][5] El Salvador has since reduced its dependence on coffee and embarked on diversifying the economy by opening up trade and financial links and expanding the manufacturing sector.[6] The colón, the official currency of El Salvador since 1892, was replaced by the U.S. dollar in 2001.
Notable firms
editThis list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes | Status | |
---|---|---|---|---|---|---|---|
Aerolíneas de El Salvador | Consumer services | Airlines | San Salvador | 1960 | Defunct 1991 | P | D |
Celeste Imperio | Consumer services | Restaurants & bars | San Salvador | 1994 | Restaurant | P | A |
Central Reserve Bank of El Salvador | Financials | Banks | San Salvador | 1934 | National bank | S | A |
Claro El Salvador | Telecommunications | Mobile telecommunications | San Salvador | 1999 | Part of América Móvil (Mexico) | P | A |
El Faro | Media | Mass media | San Salvador | 1998 | Digital newspaper | P | A |
Empresas ADOC | Consumer goods | Footwear | Soyapango | 1955 | Shoes | P | A |
Grupo Poma | Conglomerates | Holding | San Salvador | 1919 | Hotels, telecommunications, automotive | P | A |
HSBC El Salvador | Financials | Banks | San Salvador | 1891 | Part of HSBC (UK) | P | A |
La Prensa Gráfica | Media | Mass Media | Antiguo Cuscatlan | 1915 | Daily newspaper | P | A |
Salvadoran Stock Exchange | Financials | Financial Services | San Salvador | 1992 | Stock exchange | P | A |
SIMAN | Consumer services | Retail | San Salvador | 1921 | Clothing and accessories | P | A |
Supermercados Super Selectos | Consumer services | Supermarket Chain | San Salvador | 1940 | Owned by Grupo Calleja | P | A |
TACA Airlines | Consumer services | Airlines | San Salvador | 1931 | Now part of Avianca (Colombia) | P | A |
Telecorporación Salvadoreña | Media conglomerate | Mass media | Antiguo Cuscatlán | 1985 | Television and radio | P | A |
Tigo El Salvador | Telecommunications | Mobile telecommunications | San Salvador | 1992 | Part of Millicom (Luxembourg) | P | A |
Transportes Aéreos de El Salvador | Consumer services | Airlines | San Salvador | 1988 | Defunct 1994 | P | D |
Unicomer Group | Consumer services | Retail | San Salvador | 2000 | Durable goods and electronics retailer | P | A |
Veca Airlines | Consumer services | Airlines | San Salvador | 2014 | Defunct 2017 | P | D |
Volaris El Salvador | Consumer services | Airlines | San Salvador | 2019 | Part of Volaris (Mexico) | P | A |
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Torre Cuscatlán bank building.
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Unicomer Group headquarters in San Salvador.
See also
editReferences
edit- ^ "El Salvador Survey Data". GeoHive. 2013. Archived from the original on 2016-09-28. Retrieved 2014-09-14.
- ^ Tommie Sue Montgomery (1995). Revolution in El Salvador: From Civil Strife to Civil Peace. Westview Press. p. 27. ISBN 978-0-8133-0071-9.
- ^ Kevin Murray (1 January 1997). El Salvador: Peace on Trial. Oxfam. pp. 8–. ISBN 978-0-85598-361-1.
- ^ Roy Boland (1 January 2001). Culture and Customs of El Salvador. Greenwood Publishing Group. p. 8. ISBN 978-0-313-30620-4.
- ^ Thomas L. Pearcy (2006). The History of Central America. Greenwood Publishing Group. p. 43. ISBN 978-0-313-32293-8.
- ^ Erin Foley; Rafiz Hapipi (2005). El Salvador. Marshall Cavendish. p. 43. ISBN 978-0-7614-1967-9.