In this study, five open access gridded precipitation (GP) products (CFSR, MSWEPv1.1, PERSIANN-CDR, CMORPH, and CHIRPSv2.0) and local climate data were evaluated over the Grande de San Miguel (GSM) River Basin in El Salvador. The main purpose was to identify optional data sources of precipitation for hydrological modelling given that ground-based precipitation gauges in El Salvador are scarce and their data includes important temporal and spatial gaps. Firstly, a direct comparison was made between the precipitation data from the five GP products and from the rain gauges. Secondly, the SWAT model was used to simulate the streamflow regimen based on the precipitation datasets. The analysis of results showed that the models produced correct predictions, and the accuracy increased as models were calibrated to each specific precipitation product. Overall, PERSIANN-CDR produced the best simulation results, including streamflow predictions in the GSM basin, and outperformed other GP products and also the results obtained from data precipitation gauges. The findings of this research support the hydrological modelling based on open-access GP products, particularly when the data from precipitation gauges are scarce and poor.