Ecuador Business Confidence Growth
2011 - 2024 | Monthly | % Point | CEIC Data
Key information about Ecuador Business Confidence Growth
- Ecuador Business Confidence grew 17.8 % in Feb 2024, compared with a decrease of 1.0 % YoY in the previous month.
- Ecuador Business Confidence: YoY Change is updated monthly, available from Feb 2011 to Feb 2024, with an averaged rate of -0.4 %.
- The data reached an all-high of 40.0 % in Mar 2021 and a record low of -36.5 % in Mar 2020.
CEIC calculates Business Confidence Change from monthly Economic Expectation Index. The Central Bank of Ecuador provides Economic Expectation Index with range from 0 to 100 with neutral point 50. Business Confidence covers Manufacturing sector only.
View Ecuador's Business Confidence Growth from Feb 2011 to Feb 2024 in the chart:
What was Ecuador's Business Confidence Growth in Feb 2024?
Ecuador Business Confidence grew 17.8 % in Feb 2024, compared with a decrease of 1.0 % YoY in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 17.8 Feb 2024 | -1.0 Jan 2024 | -36.5 Mar 2020 | 40.0 Mar 2021 | % Point | monthly | Feb 2011 - Feb 2024 |
Business Confidence Growth by Country Comparison
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Includes Business Confidence Growth on 72 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (% Point) | -3.1 Mar 2024 | quarterly | Jun 2017 - Mar 2024 |
| Armenia (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
| Australia (% Point) | 4.0 Feb 2024 | monthly | Jul 2013 - Feb 2024 |
| Austria (% Point) | -12.0 Dec 2023 | monthly | Jan 1986 - Dec 2023 |
| Belarus (% Point) | -9.6 Aug 2014 | monthly | Dec 2006 - Aug 2014 |
| Belgium (% Point) | -3.4 Mar 2024 | monthly | Jan 1981 - Mar 2024 |
| Brazil (% Point) | 5.8 Mar 2024 | monthly | Jan 2010 - Mar 2024 |
| Bulgaria (% Point) | -0.4 Mar 2024 | monthly | Jan 1994 - Mar 2024 |
| Canada (% Point) | 4.6 Feb 2024 | monthly | Dec 2001 - Feb 2024 |
| Chile (% Point) | 8.2 Feb 2024 | monthly | Nov 2004 - Feb 2024 |
| China (% Point) | -2.2 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Colombia (% Point) | -4.5 Feb 2024 | monthly | Jan 1981 - Feb 2024 |
| Croatia (% Point) | 0.6 Mar 2024 | monthly | May 2009 - Mar 2024 |
| Cyprus (% Point) | -11.3 Mar 2024 | monthly | May 2003 - Mar 2024 |
| Czech Republic (% Point) | -7.0 Mar 2024 | monthly | Mar 1994 - Mar 2024 |
| Denmark (% Point) | 10.0 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Ecuador (% Point) | 17.8 Feb 2024 | monthly | Feb 2011 - Feb 2024 |
| Estonia (% Point) | -3.3 Mar 2024 | monthly | May 2002 - Mar 2024 |
| European Union (% Point) | -6.4 Mar 2024 | monthly | Jan 1986 - Mar 2024 |
| Finland (% Point) | -0.6 Mar 2024 | monthly | Jan 1994 - Mar 2024 |
| France (% Point) | 1.1 Mar 2024 | monthly | Jan 1986 - Mar 2024 |
| Georgia (% Point) | -21.8 Mar 2024 | quarterly | Dec 2014 - Mar 2024 |
| Germany (% Point) | -15.1 Mar 2024 | monthly | Jan 1992 - Mar 2024 |
| Ghana (%) | 22.8 Feb 2024 | monthly | Dec 2013 - Feb 2024 |
| Greece (% Point) | 2.5 Mar 2024 | monthly | Jan 1986 - Mar 2024 |
| Hong Kong SAR, China (% Point) | -5.0 Mar 2024 | quarterly | Mar 2009 - Mar 2024 |
| Hungary (% Point) | -2.2 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| Iceland (% Point) | 28.7 Mar 2024 | quarterly | Dec 2003 - Mar 2024 |
| India (% Point) | -2.6 Mar 2024 | quarterly | Jun 2001 - Mar 2024 |
| Indonesia (% Point) | 5.3 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| Israel (% Point) | -9.8 Feb 2024 | monthly | Jan 2016 - Feb 2024 |
| Italy (% Point) | -5.5 Mar 2024 | monthly | Jan 1986 - Mar 2024 |
| Japan (% Point) | 7.0 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Kazakhstan (% Point) | -2.0 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| South Korea (% Point) | 9.0 Mar 2024 | monthly | Feb 2004 - Mar 2024 |
| Latvia (% Point) | -6.9 May 2023 | monthly | Apr 1994 - May 2023 |
| Lithuania (% Point) | 9.1 Mar 2024 | monthly | Apr 2004 - Mar 2024 |
| Luxembourg (% Point) | -10.8 Mar 2024 | monthly | Jan 1986 - Mar 2024 |
| North Macedonia (% Point) | -2.9 Dec 2022 | monthly | Apr 2002 - Dec 2022 |
| Malaysia (% Point) | 3.1 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Malta (% Point) | -17.8 Mar 2024 | monthly | Nov 2003 - Mar 2024 |
| Mauritius (% Point) | -9.1 Jun 2019 | quarterly | Mar 2011 - Jun 2019 |
| Mexico (% Point) | 2.1 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| Mozambique (% Point) | 8.9 Jun 2021 | monthly | Jan 2005 - Jun 2021 |
| Netherlands (% Point) | -5.7 Mar 2024 | monthly | Jan 1986 - Mar 2024 |
| New Zealand (% Point) | -7.4 May 2023 | monthly | Aug 2003 - May 2023 |
| Nigeria (% Point) | -0.6 Nov 2023 | monthly | Jul 2015 - Nov 2023 |
| Norway (% Point) | 4.0 Mar 2024 | monthly | Feb 2005 - Mar 2024 |
| Palestinian Territory (% Point) | -27.0 Mar 2024 | monthly | Apr 2014 - Mar 2024 |
| Peru (% Point) | 11.4 Feb 2024 | monthly | Apr 2003 - Feb 2024 |
| Philippines (% Point) | 12.1 Dec 2023 | quarterly | Jun 2002 - Dec 2023 |
| Poland (% Point) | -2.7 May 2023 | monthly | Jul 2006 - May 2023 |
| Portugal (% Point) | -4.1 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Qatar (% Point) | -3.6 Mar 2020 | quarterly | Jun 2015 - Mar 2020 |
| Romania (% Point) | -0.8 Mar 2024 | monthly | Jul 1992 - Mar 2024 |
| Russia (% Point) | 2.0 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Serbia (% Point) | 3.4 Mar 2024 | monthly | May 2014 - Mar 2024 |
| Singapore (% Point) | 1.6 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Slovakia (% Point) | 0.0 Mar 2024 | monthly | Jan 1994 - Mar 2024 |
| Slovenia (% Point) | -4.4 Feb 2024 | monthly | May 1996 - Feb 2024 |
| South Africa (% Point) | 2.9 Mar 2024 | monthly | Sep 2000 - Mar 2024 |
| Spain (% Point) | -2.1 Mar 2024 | monthly | Jan 1994 - Mar 2024 |
| Sri Lanka (% Point) | -8.2 May 2023 | monthly | May 2016 - May 2023 |
| Sweden (% Point) | 9.6 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Switzerland (% Point) | -3.6 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
| Taiwan (% Point) | -3.2 Mar 2018 | monthly | May 2013 - Mar 2018 |
| Thailand (% Point) | -6.6 Mar 2024 | monthly | Feb 2000 - Mar 2024 |
| Turkey (% Point) | -0.6 Mar 2024 | monthly | Jan 2008 - Mar 2024 |
| Ukraine (% Point) | 22.3 Dec 2023 | quarterly | Sep 2013 - Dec 2023 |
| United Kingdom (% Point) | 8.4 Dec 2020 | monthly | Jan 1986 - Dec 2020 |
| United States (% Point) | 7.6 Mar 2024 | monthly | Jan 1949 - Mar 2024 |
| Uruguay (% Point) | -4.1 Dec 2023 | monthly | Oct 1999 - Dec 2023 |
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Includes 176 key indicators for Ecuador, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.6 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -3,310.307 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Tax Revenue (USD mn) | 3,251.591 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Tax Revenue: % of GDP (%) | 10.4 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| National Government Debt (USD mn) | 79,608.5 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Government Debt: % of GDP (%) | 67.0 Dec 2023 | quarterly | Dec 2005 - Dec 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) | -404.913 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Central Government: Balance (USD mn) | 404.913 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Central Government: Expenditure excl Amortization (USD mn) | 1,461.865 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Central Government: Revenue (USD mn) | 1,866.778 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.962 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 439.4 Jan 2024 | monthly | Mar 1992 - Jan 2024 |
| Total Exports (USD mn) | 2,528.2 Apr 2023 | monthly | Jan 1965 - Apr 2023 |
| Total Exports Growth (%) | 11.7 Jan 2024 | monthly | Jan 1966 - Jan 2024 |
| 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) | 2,294.6 Jan 2024 | monthly | Jan 1957 - Jan 2024 |
| Total Imports Growth (%) | -7.8 Jan 2024 | monthly | Jan 1958 - Jan 2024 |
| 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) | 560.264 Jan 2024 | monthly | Jan 2007 - Jan 2024 |
| Total Imports from USA (USD mn) | 426.736 Feb 2024 | monthly | Jan 1973 - Feb 2024 |
| Total Exports to China (USD mn) | 424.078 Jan 2024 | monthly | Jan 2007 - Jan 2024 |
| Total Imports from China (USD mn) | 477.216 Feb 2024 | monthly | May 1992 - Feb 2024 |
| Terms of Trade Index: 2007=100 (2007=100) | 94.722 Jan 2024 | monthly | Jan 2014 - Jan 2024 |
| BCE Forecast: Trade Balance: 2018=100 (USD mn) | 1,624.994 2024 | yearly | 2024 - 2024 |
| BCE Forecast: Exports: fob: 2018=100 (USD th) | 34,410,658.000 2024 | yearly | 2024 - 2024 |
| BCE Forecast: Imports: fob: 2018=100 (USD th) | 32,785,664.000 2024 | yearly | 2024 - 2024 |
| 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) | 522.8 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Current Account Balance: % of GDP (%) | 1.7 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Foreign Direct Investment (USD mn) | 87.4 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | 0.3 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | -1.947 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 1.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -2.923 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| External Debt (USD mn) | 57,821.2 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
| External Debt: % of GDP (%) | 49.0 2023 | yearly | 1970 - 2023 |
| External Debt: Short Term (USD mn) | 1,197.6 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| External Debt: Short Term: % of GDP (%) | 1.0 2023 | yearly | 1970 - 2023 |
| Forecast: Current Account Balance (USD bn) | 2.607 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD) | -23,519,416,668.955 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| BoP: CA: Goods & Services: Services (USD mn) | -473.931 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| BoP: CA: Goods & Services: Goods (USD mn) | 265.252 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| Gross External Debt: Long Term (USD mn) | 57,533.038 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Gross External Debt (USD mn) | 59,480.153 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Foreign Direct Investment: BPM6 (USD th) | 87,448.549 Dec 2023 | quarterly | Mar 2016 - Dec 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 (%) | 5.7 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Household Debt: % of GDP (%) | 16.8 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Non-Performing Loans (USD mn) | 3,570.111 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Money Supply M1 (USD mn) | 29,914.047 Jan 2024 | monthly | Dec 2006 - Jan 2024 |
| Money Supply M2 (USD mn) | 79,308.676 Jan 2024 | monthly | Dec 2006 - Jan 2024 |
| M2 Growth (%) | 6.0 Jan 2024 | monthly | Dec 2007 - Jan 2024 |
| Reserve Requirement Ratio (%) | 2.0 Aug 2022 | monthly | Dec 2009 - Aug 2022 |
| Foreign Exchange Reserves (USD mn) | 3,379.0 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 2.232 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.1 Jan 2024 | monthly | Jan 2005 - Jan 2024 |
| Gold Reserves (USD mn) | 1,871.043 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Total Deposits (USD mn) | 60,505.905 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Total Deposits Growth (%) | 7.3 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Domestic Credit (USD mn) | 71,061.9 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Domestic Credit Growth (%) | 9.4 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Household Debt (USD mn) | 20,152.3 Feb 2024 | monthly | Oct 2006 - Feb 2024 |
| Total Loans (USD mn) | 62,673.836 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Total Loans Growth (%) | 8.20 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 53.84 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| International Reserve: Net Currency Position (USD mn) | 3,379.014 Mar 2024 | monthly | Jan 2004 - Mar 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 17.8 Feb 2024 | monthly | Feb 2011 - Feb 2024 |
| Business Confidence Index: Commerce (May2007=100) | 2,200.300 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: 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: Industry (May2007=100) | 2,662.600 Dec 2022 | monthly | May 2007 - Dec 2022 |
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