Ecuador

National Accounts Last Frequency Range
Nominal GDP (USD mn) 29,334.6 Sep 2022 quarterly Mar 1991 - Sep 2022
Real GDP Growth (%) 3.2 Sep 2022 quarterly Mar 1994 - Sep 2022
Nominal GDP Growth (%) 1.013 Sep 2023 quarterly Mar 1992 - Sep 2023
GDP per Capita (USD) 5,670.330 2020 yearly 1960 - 2020
GDP Deflator Growth (%) 1.9 Mar 2023 quarterly Mar 2001 - Mar 2023
Private Consumption Expenditure (USD mn) 18,829.911 Sep 2023 quarterly Mar 1991 - Sep 2023
Private Consumption: % of GDP (%) 63.1 Mar 2023 quarterly Mar 1991 - Mar 2023
Public Consumption Expenditure (USD mn) 4,157.380 Sep 2023 quarterly Mar 1991 - Sep 2023
Public Consumption: % of GDP (%) 14.0 Sep 2023 quarterly Mar 1991 - Sep 2023
Investment: % of GDP (%) 22.8 Sep 2022 quarterly Mar 1991 - Sep 2022
Gross Fixed Capital Formation (USD mn) 5,647.058 Sep 2023 quarterly Mar 1991 - Sep 2023
Gross National Product (GNP) (USD mn) 113,185.286 2022 yearly 1960 - 2022
Gross Savings Rate (%) 22.4 Sep 2023 quarterly Mar 1991 - Sep 2023
Forecast: GDP PPP Per Capita (PPP Intl $) 15,897.915 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 7,503.562 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.751 2028 yearly 1980 - 2028
Total Trade of Goods & Services: % of Nominal GDP (%) 60.461 Sep 2023 quarterly Mar 1991 - Sep 2023
Production Last Frequency Range
Industrial Production Index Growth (%) 30.3 Sep 2020 monthly Jan 2017 - Sep 2020
Minerals Production (Metric Ton) 23,848,409.000 2021 yearly 2009 - 2021
Gold Production (kg) 16,000.000 2022 yearly 1990 - 2022
Silver Production (Metric Ton) 1.792 2020 yearly 1990 - 2020
Motor Vehicle Production (Unit) 2,700.000 2016 yearly 2000 - 2016
Economic Activity Index: IDEAC (2007=100) 186.005 Oct 2023 monthly Jan 1995 - Oct 2023
Economic Activity Index: IDEAC: Seasonally Adjusted (2007=100) 183.808 Oct 2023 monthly Jan 1995 - Oct 2023
Industrial Volume Index: Manufacturing (2015=100) 143.712 Sep 2020 monthly Jan 2016 - Sep 2020
EC: Industrial Production Index: Seasonally Adjusted (2010=100) 121.412 Oct 2020 monthly Jan 2000 - Oct 2020
Construction and Properties Last Frequency Range
Building Permits (Unit) 41,426.000 2022 yearly 2000 - 2022
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.9 Sep 2023 quarterly Dec 2000 - Sep 2023
Consolidated Fiscal Balance (USD mn) -1,469.300 Sep 2023 quarterly Mar 2000 - Sep 2023
Tax Revenue (USD mn) 3,229.881 Sep 2023 quarterly Mar 2000 - Sep 2023
Tax Revenue: % of GDP (%) 10.9 Sep 2023 quarterly Mar 2000 - Sep 2023
National Government Debt (USD mn) 79,317.0 Dec 2023 quarterly Dec 2005 - Dec 2023
Government Debt: % of GDP (%) 64.0 Sep 2023 quarterly Dec 2005 - Sep 2023
Forecast: Government Expenditure (USD bn) 49.173 2028 yearly 1995 - 2028
Forecast: Government Net Debt (USD bn) 68.494 2028 yearly 2001 - 2028
Forecast: Government Revenue (USD bn) 48.725 2028 yearly 1995 - 2028
Central Government: Finance (USD mn) -738.186 Jan 2024 monthly Jan 2006 - Jan 2024
Central Government: Balance (USD mn) 738.186 Jan 2024 monthly Jan 2006 - Jan 2024
Central Government: Expenditure excl Amortization (USD mn) 828.826 Jan 2024 monthly Jan 2006 - Jan 2024
Central Government: Revenue (USD mn) 1,567.011 Jan 2024 monthly Jan 2006 - Jan 2024
Demographic and Labour Market Last Frequency Range
Population (Person mn) 21.1 2050 yearly 1950 - 2050
Labour Force Participation Rate (%) 65.6 Dec 2023 quarterly Dec 2013 - Dec 2023
Employed Persons (Person) 8,321,938.935 Dec 2023 quarterly Dec 2013 - Dec 2023
Unemployment Rate (%) 3.38 Dec 2023 quarterly Dec 2013 - Dec 2023
Monthly Earnings (USD) 444 Dec 2019 quarterly Jun 2007 - Dec 2019
Labour Productivity Growth (%) 0.87 2022 yearly 1992 - 2022
Forecast: Population (Person mn) 19.579 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 3.500 2028 yearly 1988 - 2028
National: Working Age (Person) 13,129,371.000 Dec 2023 quarterly Dec 2013 - Dec 2023
National: Economically Active: Employed (Person) 8,321,938.935 Dec 2023 quarterly Dec 2013 - Dec 2023
National: Economically Active: Unemployed (Person) 291,419.339 Dec 2023 quarterly Dec 2013 - Dec 2023
Ave Weekly Hours Worked: ISIC Rev 4 (Hour) 40.000 Dec 2019 quarterly Jun 2007 - Dec 2019
Domestic Trade and Household Survey Last Frequency Range
Number of Registered Vehicles (Unit) 2,065,392 2022 yearly 2006 - 2022
Motor Vehicles Sales (Unit) 126,050 2022 yearly 2005 - 2022
Motor Vehicles Sales Growth (%) 14.9 2022 yearly 2006 - 2022
Motor Vehicle Sales: Commercial Cars (Unit) 25,981.000 Dec 2022 semiannually Dec 2005 - Dec 2022
Motor Vehicle Sales: Passenger Cars (Unit) 100,069.000 Dec 2022 semiannually Dec 2005 - Dec 2022
Consumer Confidence: Net Balance (% Point) -31.2 May 2023 monthly Dec 2014 - May 2023
Consumer Confidence Growth (% Point) 0.0 Jan 2024 monthly Dec 2015 - Jan 2024
Consumer Confidence Index (Point) 36.500 Jan 2024 monthly Dec 2014 - Jan 2024
Inflation Last Frequency Range
Consumer Price Index CPI Growth (%) 2.1 Jul 2023 monthly Jan 1958 - Jul 2023
CPI: Food and Non Alcoholic Beverage Change (%) 4.235 Dec 2023 monthly Jan 2016 - Dec 2023
Producer Price Index Growth (%) -0.1 Jan 2024 monthly Jan 1999 - Jan 2024
Forecast: Consumer Price Index Growth (%) 1.543 2028 yearly 1980 - 2028
Consumer Price Index: General (2014=100) 111.855 Jan 2024 monthly Jan 1969 - Jan 2024
CPI: Food and Non Alcoholic Beverages (FB) (2014=100) 119.667 Feb 2024 monthly Jan 2015 - Feb 2024
CPI: Housing, Water, Electricity, Gas and Other Fuels (HW) (2014=100) 119.948 Jan 2024 monthly Jan 2015 - Jan 2024
CPI: Health (2014=100) 122.380 Jan 2024 monthly Jan 2015 - Jan 2024
CPI: Alcoholic Beverages, Tobacco and Narcotics (AT) (2014=100) 146.925 Dec 2023 monthly Jan 2015 - Dec 2023
CPI: Education (2014=100) 120.407 Dec 2023 monthly Jan 2015 - Dec 2023
CPI: Restaurants & Hotels (RH) (2014=100) 114.451 Feb 2024 monthly Jan 2015 - Feb 2024
CPI: Miscellaneous Goods and Services (MS) (2014=100) 110.702 Dec 2023 monthly Jan 2015 - Dec 2023
Producer Price Index (PPI) (2015=100) 111.956 Dec 2023 monthly Jan 1998 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.962 2028 yearly 1980 - 2028
Trade Balance (USD mn) 341.1 Dec 2023 monthly Mar 1992 - Dec 2023
Total Exports (USD mn) 2,528.2 Apr 2023 monthly Jan 1965 - Apr 2023
Total Exports Growth (%) -0.4 Dec 2023 monthly Jan 1966 - Dec 2023
Aluminum: Exports (USD th) 65,385.575 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 24,074.538 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 6,882.325 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,378.3 Dec 2023 monthly Jan 1957 - Dec 2023
Total Imports Growth (%) -8.4 Dec 2023 monthly Jan 1958 - Dec 2023
Imports: Medicament (USD th) 958,068.888 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 529,529.069 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 499.466 Dec 2023 monthly Jan 2007 - Dec 2023
Total Imports from USA (USD mn) 549.306 Jan 2024 monthly Jan 1973 - Jan 2024
Total Exports to China (USD mn) 381.041 Dec 2023 monthly Jan 2007 - Dec 2023
Total Imports from China (USD mn) 503.963 Jan 2024 monthly May 1992 - Jan 2024
Terms of Trade Index: 2007=100 (2007=100) 94.424 Dec 2023 monthly Jan 2014 - Dec 2023
Exports: FOB: Petroleum: Crude Petroleum (USD th) 613,961.915 Dec 2023 monthly Jan 2005 - Dec 2023
Exports: FOB: America: United States (USD mn) 499.466 Dec 2023 monthly Jan 2007 - Dec 2023
Exports: FOB: America: ALADI: Panama (USD mn) 450.116 Dec 2023 monthly Jan 2012 - Dec 2023
Imports: CIF: Consumer Goods: Non Durable (USD th) 299,548.294 Dec 2023 monthly Jan 2005 - Dec 2023
Imports: CIF: America: ALADI: Panama (USD mn) 132.887 Dec 2023 monthly Mar 2019 - Dec 2023
Imports: CIF: Asia: People's Republic of China (USD mn) 324.160 Jan 2020 monthly Jan 2010 - Jan 2020
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 624.2 Sep 2023 quarterly Mar 1993 - Sep 2023
Current Account Balance: % of GDP (%) 2.1 Sep 2023 quarterly Mar 1993 - Sep 2023
Foreign Direct Investment (USD mn) 155.0 Sep 2023 quarterly Mar 1993 - Sep 2023
Foreign Direct Investment: % of GDP (%) 0.5 Sep 2023 quarterly Mar 1993 - Sep 2023
Foreign Portfolio Investment (USD mn) -35.251 Sep 2023 quarterly Mar 1999 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) -0.1 Sep 2023 quarterly Mar 1999 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 4.1 Sep 2023 quarterly Mar 1999 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -39.364 Sep 2023 quarterly Mar 1999 - Sep 2023
External Debt (USD mn) 58,197.5 Dec 2023 monthly Jan 1994 - Dec 2023
External Debt: % of GDP (%) 51.6 2022 yearly 1970 - 2022
External Debt: Short Term (USD mn) 1,036.9 Sep 2023 quarterly Mar 2004 - Sep 2023
External Debt: Short Term: % of GDP (%) 1.4 2022 yearly 1970 - 2022
Forecast: Current Account Balance (USD bn) 2.607 2028 yearly 1980 - 2028
Net International Investment Position (USD) -24,035,311,315.573 Sep 2023 quarterly Mar 2016 - Sep 2023
BoP: CA: Goods & Services: Services (USD mn) -580.449 Sep 2023 quarterly Mar 2016 - Sep 2023
BoP: CA: Goods & Services: Goods (USD mn) 729.325 Sep 2023 quarterly Mar 2016 - Sep 2023
Gross External Debt: Long Term (USD mn) 57,544.848 Sep 2023 quarterly Mar 2004 - Sep 2023
External Debt: Private (USD mn) 10,653.089 Dec 2023 monthly Jan 1994 - Dec 2023
External Debt: Public (USD mn) 47,544.457 Dec 2023 monthly Jan 1994 - Dec 2023
Foreign Direct Investment: BPM6 (USD th) 154,983.425 Sep 2023 quarterly Mar 2016 - Sep 2023
Foreign Direct Investment: Europe: Spain (USD th) 88,442.667 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Asia: China (USD th) 12,350.723 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Europe: Netherlands (USD th) 23,806.340 Dec 2018 quarterly Mar 2002 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.5 Jan 2024 monthly Jan 2006 - Jan 2024
Household Debt: % of GDP (%) 16.3 Sep 2023 quarterly Dec 2006 - Sep 2023
Non-Performing Loans (USD mn) 3,440.955 Jan 2024 monthly Jan 2006 - Jan 2024
Money Supply M1 (USD mn) 30,488.990 Dec 2023 monthly Dec 2006 - Dec 2023
Money Supply M2 (USD mn) 80,343.612 Dec 2023 monthly Dec 2006 - Dec 2023
M2 Growth (%) 6.7 Dec 2023 monthly Dec 2007 - Dec 2023
Reserve Requirement Ratio (%) 2.0 Aug 2022 monthly Dec 2009 - Aug 2022
Foreign Exchange Reserves (USD mn) 2,557.3 Jan 2024 monthly Dec 1956 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 3.559 Sep 2023 quarterly Dec 2000 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 1.1 Dec 2023 monthly Jan 2005 - Dec 2023
Gold Reserves (USD mn) 1,734.920 Jan 2024 monthly Dec 1956 - Jan 2024
Total Deposits (USD mn) 59,725.631 Jan 2024 monthly Jan 2006 - Jan 2024
Total Deposits Growth (%) 6.9 Jan 2024 monthly Jan 2007 - Jan 2024
Domestic Credit (USD mn) 70,900.6 Jan 2024 monthly Jan 2006 - Jan 2024
Domestic Credit Growth (%) 9.7 Jan 2024 monthly Jan 2007 - Jan 2024
Household Debt (USD mn) 20,017.6 Jan 2024 monthly Oct 2006 - Jan 2024
Total Loans (USD mn) 62,455.150 Jan 2024 monthly Jan 2006 - Jan 2024
Total Loans Growth (%) 8.72 Jan 2024 monthly Jan 2007 - Jan 2024
Private Debt: % of Nominal GDP (%) 53.01 Sep 2023 quarterly Mar 2004 - Sep 2023
Banking Statistics Last Frequency Range
Liquid Assets Ratio (%) 10.8 Jan 2024 monthly Jan 2006 - Jan 2024
Capital Adequacy Ratio (%) 15.2 Aug 2023 monthly Jan 2003 - Aug 2023
Depository Institutions: Assets: Total (USD mn) 55,966.10 Mar 2018 monthly Jan 2006 - Mar 2018
Interest and Foreign Exchange Rates Last Frequency Range
Bank Lending Rate (% pa) 10.530 Mar 2024 monthly Jan 2004 - Mar 2024
Exchange Rate against USD (USD/USD) 1.000 Feb 2024 monthly May 2006 - Feb 2024
Policy Rate (% pa) 10.34 Feb 2024 monthly Jul 1995 - Feb 2024
Short Term Interest Rate (% pa) 4.64 May 2023 monthly Apr 2000 - May 2023
Real Effective Exchange Rate (2007=100) 110.3 Nov 2017 monthly Jan 2011 - Nov 2017
Energy Last Frequency Range
Electricity Production (GWh) 33,474 2022 yearly 1971 - 2022
Natural Gas Production: OPEC: Marketed Production (Cub m mn) 313.100 2022 yearly 1960 - 2022
Natural Gas: Consumption (Cub ft/Day bn) 0.100 2022 yearly 1970 - 2022
Crude Oil: Production (Barrel/Day th) 535.000 Nov 2019 monthly Sep 2007 - Nov 2019
Crude Oil: Exports (Barrel/Day th) 313.333 2022 yearly 1980 - 2022
Crude Oil: Imports (Barrel/Day th) 16.439 2022 yearly 1980 - 2022
Oil Consumption (Barrel/Day th) 264.000 2022 yearly 1965 - 2022
Tourism Last Frequency Range
Visitor Arrivals (Person) 1,237,445 2022 yearly 1997 - 2022
Visitor Arrivals Growth (%) 106.0 2022 yearly 1998 - 2022
Tourism Revenue (USD mn) 705 2020 yearly 1995 - 2020
Tourism Revenue Growth (%) -69.2 2020 yearly 1996 - 2020
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -1.0 Jan 2024 monthly Feb 2011 - Jan 2024
Business Confidence Index: Construction (May2007=100) 478.600 Dec 2022 monthly May 2007 - Dec 2022
Business Confidence Index: Services (May2007=100) 1,444.800 Dec 2022 monthly May 2007 - Dec 2022
Business Confidence Index: Global (May2007=100) 1,694.300 Dec 2022 monthly May 2007 - Dec 2022
Business Confidence Index: Commerce (May2007=100) 2,200.300 Dec 2022 monthly May 2007 - Dec 2022
Business Confidence Index: Industry (May2007=100) 2,662.600 Dec 2022 monthly May 2007 - Dec 2022
Financial Market Last Frequency Range
Equity Market Index (02Aug1993=1000) 1,157.0 Feb 2024 monthly Jan 2012 - Feb 2024
Market Capitalization: % of GDP (%) 7.7 2022 yearly 2000 - 2022
Market Capitalization (USD mn) 8,340.183 2023 yearly 1990 - 2023
Transport and Telecommunications Last Frequency Range
Registered Motor Vehicles (Unit th) 2,678.251 2020 yearly 2005 - 2020
Container Port Throughput (TEU) 2,593,926.000 2021 yearly 2008 - 2021
Liner Shipping Connectivity Index (2004=100) 24.760 2018 yearly 2004 - 2018
Number of Subscriber Fixed Line (Unit) 1,644,238.000 2022 yearly 1965 - 2022
Number of Subscriber Mobile (Person) 16,789,600.000 2021 yearly 1960 - 2021
Teledensity: Fixed Line (Number) 9.134 2022 yearly 1965 - 2022
Teledensity: Mobile (Number) 97.165 2022 yearly 1960 - 2022
Exports: ICT Goods (USD th) 11,599.971 2021 yearly 2000 - 2021
Exports: Telecommunication Equipment (USD th) 3,520.503 2022 yearly 1995 - 2022
Exports: Television (USD th) 111.617 2022 yearly 1995 - 2022
Imports: ICT Goods (USD th) 1,490,472.680 2021 yearly 2000 - 2021
Imports: Telecommunication Equipment (USD th) 3,520.503 2022 yearly 1995 - 2022
Imports: Television (USD th) 111.617 2022 yearly 1995 - 2022

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