Trending Now
We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
El Salvador's President Nayib Bukele, who is running for reelection, greets people, on the day of the presidential and parliamentary elections in San Salvador, El Salvador, February 4, 2024.
Salvadorans voted overwhelmingly on Sunday to reelect President Nayib Bukele, the self-styled “world’s coolest dictator” – even though the constitution says he can’t serve a second term. Provisional results show he won 83% of the vote.
Bukele came to power five years ago promising to clean up rampant crime and corruption that had turned El Salvador into a lawless state. Today, 75,000 people, or 1.7% of the country’s adult population, are in jail, which is the highest incarceration rate in the world.
Despite criticism for his authoritarian methods, and accusations that his government colludes with the very gangs he vowed to stamp out, Bukele remains wildly popular. Pre-election polls had his main rivals receiving barely 12% of the vote between them.
Bukele's second term faces challenges, however, as poverty remains high and the IMF describes the country’s fiscal situation as "fragile." Since 2019, extreme poverty has doubled and almost half the population is food insecure. Bukele’s economic reforms have been unorthodox: In 2021, the government declared Bitcoin legal tender, attracting attention but also criticism for its volatility. Today, Bukele says El Salvador’s investments in the cryptocurrency are in the black, but it remains to be seen if he has as much success tackling poverty as he did crime.