Ecuador Forecast: Real GDP Growth

1980 - 2025 | Yearly | % | International Monetary Fund

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Ecuador’s Real GDP Growth is forecasted to be -11.002 % in Dec 2020 as reported by International Monetary Fund. It records an increase from the last reported number of 0.054 % in Dec 2019. Looking ahead, Ecuador’s Real GDP Growth is projected to stand at 2.285 % in Dec 2025. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

What is Ecuador's Forecast: Real GDP Growth in 2025?

Last Previous Min Max Unit Frequency Range

2.285

% 2025 yearly 1980 - 2025

2.027

% 2024 yearly 1980 - 2025

-11.002

2020

10.486

1988

%

yearly

1980 - 2025

Updated on 30 Oct 2020

Forecast: Real GDP Growth by Country Comparison

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All Countries/Regions
Asia and Oceania
Europe and Central Asia
Middle East and Africa
North and South America
Country/Region Last Frequency Range
Afghanistan (%)

4.012

2025

yearly

2003 - 2025

Albania (%)

3.429

2025

yearly

1980 - 2025

Algeria (%)

0.949

2025

yearly

1980 - 2025

Angola (%)

2.892

2025

yearly

1980 - 2025

Antigua and Barbuda (%)

3.670

2025

yearly

1980 - 2025

Argentina (%)

1.703

2025

yearly

1980 - 2025

Armenia (%)

4.500

2025

yearly

1993 - 2025

Aruba (%)

1.100

2025

yearly

1996 - 2025

Australia (%)

2.542

2025

yearly

1980 - 2025

Austria (%)

1.646

2025

yearly

1980 - 2025

Azerbaijan (%)

1.704

2025

yearly

1993 - 2025

Bahamas (%)

1.500

2025

yearly

1980 - 2025

Bahrain (%)

3.288

2025

yearly

1980 - 2025

Barbados (%)

1.840

2025

yearly

1980 - 2025

Belarus (%)

1.284

2025

yearly

1993 - 2025

Belgium (%)

1.350

2025

yearly

1980 - 2025

Belize (%)

2.003

2025

yearly

1980 - 2025

Benin (%)

7.020

2025

yearly

1980 - 2025

Bhutan (%)

5.987

2025

yearly

1980 - 2025

Bolivia (%)

3.700

2025

yearly

1980 - 2025

Bosnia and Herzegovina (%)

3.500

2025

yearly

1997 - 2025

Botswana (%)

4.105

2025

yearly

1980 - 2025

Brazil (%)

2.218

2025

yearly

1980 - 2025

Brunei (%)

1.847

2025

yearly

1986 - 2025

Bulgaria (%)

2.900

2025

yearly

1980 - 2025

Burkina Faso (%)

5.563

2025

yearly

1980 - 2025

Burundi (%)

2.608

2025

yearly

1980 - 2025

Cambodia (%)

6.900

2025

yearly

1988 - 2025

Cameroon (%)

5.421

2025

yearly

1980 - 2025

Canada (%)

1.700

2025

yearly

1980 - 2025

Cape Verde (%)

6.199

2025

yearly

1980 - 2025

Central African Republic (%)

4.955

2025

yearly

1980 - 2025

Chad (%)

3.810

2025

yearly

1980 - 2025

Chile (%)

2.507

2025

yearly

1980 - 2025

China (%)

5.494

2025

yearly

1980 - 2025

Colombia (%)

3.746

2025

yearly

1980 - 2025

Comoros (%)

4.177

2025

yearly

1980 - 2025

Congo, Republic of (%)

2.325

2025

yearly

1980 - 2025

Costa Rica (%)

3.200

2025

yearly

1980 - 2025

Croatia (%)

3.000

2025

yearly

1993 - 2025

Cyprus (%)

2.511

2025

yearly

1980 - 2025

Czech Republic (%)

2.515

2025

yearly

1996 - 2025

Congo, Democratic Republic of (%)

4.265

2025

yearly

1980 - 2025

Denmark (%)

1.700

2025

yearly

1980 - 2025

Djibouti (%)

6.000

2025

yearly

1992 - 2025

Dominica (%)

1.500

2025

yearly

1980 - 2025

Dominican Republic (%)

5.036

2025

yearly

1980 - 2025

Ecuador (%)

2.285

2025

yearly

1980 - 2025

Egypt (%)

5.567

2025

yearly

1980 - 2025

El Salvador (%)

2.245

2025

yearly

1980 - 2025

Equatorial Guinea (%)

-2.189

2025

yearly

1980 - 2025

Eritrea (%)

3.949

2025

yearly

1993 - 2025

Estonia (%)

3.000

2025

yearly

1994 - 2025

Eswatini (%)

2.093

2025

yearly

1980 - 2025

Ethiopia (%)

7.964

2025

yearly

1980 - 2025

Fiji (%)

2.200

2025

yearly

1980 - 2025

Finland (%)

1.270

2025

yearly

1980 - 2025

France (%)

1.678

2025

yearly

1980 - 2025

Gabon (%)

4.496

2025

yearly

1981 - 2025

Gambia (%)

5.800

2025

yearly

1980 - 2025

Georgia (%)

5.200

2025

yearly

1995 - 2025

Germany (%)

1.198

2025

yearly

1980 - 2025

Ghana (%)

4.452

2025

yearly

1980 - 2025

Greece (%)

1.011

2025

yearly

1980 - 2025

Grenada (%)

2.735

2025

yearly

1980 - 2025

Guatemala (%)

3.251

2025

yearly

1980 - 2025

Guinea (%)

4.962

2025

yearly

1980 - 2025

Guinea-Bissau (%)

5.000

2025

yearly

1981 - 2025

Guyana (%)

1.143

2025

yearly

1980 - 2025

Haiti (%)

1.400

2025

yearly

1980 - 2025

Honduras (%)

3.740

2025

yearly

1980 - 2025

Hong Kong SAR, China (%)

2.886

2025

yearly

1980 - 2025

Hungary (%)

2.600

2025

yearly

1980 - 2025

Iceland (%)

1.820

2025

yearly

1980 - 2025

India (%)

7.182

2025

yearly

1980 - 2025

Indonesia (%)

5.073

2025

yearly

1980 - 2025

Iran (%)

1.151

2025

yearly

1980 - 2025

Iraq (%)

0.931

2025

yearly

1999 - 2025

Ireland (%)

2.645

2025

yearly

1980 - 2025

Israel (%)

4.028

2025

yearly

1980 - 2025

Italy (%)

0.883

2025

yearly

1980 - 2025

Ivory Coast (%)

6.497

2025

yearly

1980 - 2025

Jamaica (%)

2.092

2025

yearly

1980 - 2025

Japan (%)

0.563

2025

yearly

1980 - 2025

Jordan (%)

3.300

2025

yearly

1980 - 2025

Kazakhstan (%)

3.149

2025

yearly

1993 - 2025

Kenya (%)

5.784

2025

yearly

1980 - 2025

Kiribati (%)

1.758

2025

yearly

1980 - 2025

South Korea (%)

2.448

2025

yearly

1980 - 2025

Kosovo (%)

4.000

2025

yearly

2001 - 2025

Kuwait (%)

2.440

2025

yearly

1980 - 2025

Kyrgyzstan (%)

4.136

2025

yearly

1993 - 2025

Laos (%)

6.076

2025

yearly

1980 - 2025

Latvia (%)

2.998

2025

yearly

1993 - 2025

Lebanon (%)

-25.000

2020

yearly

1980 - 2020

Lesotho (%)

2.113

2025

yearly

1980 - 2025

Liberia (%)

5.392

2025

yearly

2001 - 2025

Libya (%)

0.300

2025

yearly

1980 - 2025

Lithuania (%)

2.218

2025

yearly

1996 - 2025

Luxembourg (%)

2.451

2025

yearly

1980 - 2025

Macau SAR, China (%)

6.024

2025

yearly

2002 - 2025

North Macedonia (%)

3.540

2025

yearly

1993 - 2025

Madagascar (%)

4.960

2025

yearly

1980 - 2025

Malawi (%)

6.250

2025

yearly

1980 - 2025

Malaysia (%)

5.000

2025

yearly

1980 - 2025

Maldives (%)

5.943

2025

yearly

1980 - 2025

Mali (%)

5.000

2025

yearly

1980 - 2025

Malta (%)

4.515

2025

yearly

2001 - 2025

Marshall Islands (%)

1.800

2025

yearly

1998 - 2025

Mauritania (%)

4.284

2025

yearly

1992 - 2025

Mauritius (%)

3.300

2025

yearly

1980 - 2025

Mexico (%)

2.115

2025

yearly

1980 - 2025

Micronesia (%)

0.600

2025

yearly

1996 - 2025

Moldova (%)

4.200

2025

yearly

1993 - 2025

Mongolia (%)

4.500

2025

yearly

1980 - 2025

Montenegro (%)

3.000

2025

yearly

2001 - 2025

Morocco (%)

3.740

2025

yearly

1980 - 2025

Mozambique (%)

11.212

2025

yearly

1980 - 2025

Myanmar (%)

6.502

2025

yearly

1999 - 2025

Namibia (%)

2.659

2025

yearly

1991 - 2025

Nauru (%)

0.549

2025

yearly

2005 - 2025

Nepal (%)

5.019

2025

yearly

1980 - 2025

Netherlands (%)

1.538

2025

yearly

1981 - 2025

New Zealand (%)

2.478

2025

yearly

1980 - 2025

Nicaragua (%)

2.100

2025

yearly

1980 - 2025

Niger (%)

6.016

2025

yearly

1980 - 2025

Nigeria (%)

2.513

2025

yearly

1991 - 2025

Norway (%)

1.833

2025

yearly

1980 - 2025

Oman (%)

3.055

2025

yearly

1980 - 2025

Pakistan (%)

5.024

2025

yearly

1980 - 2025

Palau (%)

2.000

2025

yearly

2001 - 2025

Palestinian Territory (%)

2.001

2025

yearly

1995 - 2025

Panama (%)

5.000

2025

yearly

1980 - 2025

Papua New Guinea (%)

3.164

2025

yearly

1980 - 2025

Paraguay (%)

4.000

2025

yearly

1980 - 2025

Peru (%)

3.797

2025

yearly

1980 - 2025

Philippines (%)

6.478

2025

yearly

1980 - 2025

Poland (%)

2.368

2025

yearly

1980 - 2025

Portugal (%)

1.700

2025

yearly

1980 - 2025

Puerto Rico (%)

-0.300

2025

yearly

1981 - 2025

Qatar (%)

2.472

2025

yearly

1980 - 2025

Romania (%)

3.505

2025

yearly

1980 - 2025

Russia (%)

1.795

2025

yearly

1993 - 2025

Rwanda (%)

6.068

2025

yearly

1980 - 2025

Saint Kitts and Nevis (%)

2.695

2025

yearly

1980 - 2025

Saint Lucia (%)

1.841

2025

yearly

1980 - 2025

Saint Vincent and the Grenadines (%)

2.738

2025

yearly

1980 - 2025

Samoa (%)

2.178

2025

yearly

1980 - 2025

San Marino (%)

0.500

2025

yearly

1998 - 2025

Sao Tome and Principe (%)

4.500

2025

yearly

1980 - 2025

Saudi Arabia (%)

2.637

2025

yearly

1980 - 2025

Senegal (%)

6.028

2025

yearly

1980 - 2025

Serbia (%)

4.017

2025

yearly

1999 - 2025

Seychelles (%)

3.961

2025

yearly

1980 - 2025

Sierra Leone (%)

4.608

2025

yearly

1980 - 2025

Singapore (%)

2.470

2025

yearly

1980 - 2025

Slovakia (%)

2.464

2025

yearly

1994 - 2025

Slovenia (%)

2.348

2025

yearly

1993 - 2025

Solomon Islands (%)

2.988

2025

yearly

1980 - 2025

Somalia (%)

3.900

2025

yearly

2012 - 2025

South Africa (%)

2.340

2025

yearly

1980 - 2025

Spain (%)

1.450

2025

yearly

1980 - 2025

Sri Lanka (%)

4.785

2025

yearly

1980 - 2025

Sudan (%)

4.542

2025

yearly

1980 - 2025

Suriname (%)

2.090

2025

yearly

1980 - 2025

Sweden (%)

2.039

2025

yearly

1980 - 2025

Switzerland (%)

1.306

2025

yearly

1980 - 2025

Syria (%)

3.440

2010

yearly

1980 - 2010

Taiwan (%)

2.056

2025

yearly

1980 - 2025

Tajikistan (%)

4.000

2025

yearly

1993 - 2025

Tanzania (%)

6.672

2025

yearly

1980 - 2025

Thailand (%)

3.674

2025

yearly

1980 - 2025

Timor-Leste (%)

2.550

2025

yearly

2001 - 2025

Togo (%)

5.500

2025

yearly

1980 - 2025

Trinidad and Tobago (%)

1.500

2025

yearly

1980 - 2025

Tunisia (%)

2.998

2025

yearly

1980 - 2025

Turkey (%)

3.494

2025

yearly

1980 - 2025

Turkmenistan (%)

4.980

2025

yearly

1993 - 2025

Tuvalu (%)

2.981

2025

yearly

2001 - 2025

Uganda (%)

9.289

2025

yearly

1980 - 2025

Ukraine (%)

3.995

2025

yearly

1993 - 2025

United Arab Emirates (%)

2.573

2025

yearly

1980 - 2025

United Kingdom (%)

1.633

2025

yearly

1980 - 2025

United States (%)

1.831

2025

yearly

1980 - 2025

Uruguay (%)

2.400

2025

yearly

1980 - 2025

Uzbekistan (%)

5.500

2025

yearly

1993 - 2025

Vanuatu (%)

3.000

2025

yearly

1980 - 2025

Venezuela (%)

-5.000

2022

yearly

1980 - 2022

Vietnam (%)

6.630

2025

yearly

1980 - 2025

Yemen (%)

6.217

2025

yearly

1991 - 2025

Zambia (%)

1.210

2025

yearly

1980 - 2025

Zimbabwe (%)

2.160

2025

yearly

1999 - 2025

Ecuador Key Series

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All Indicators
National Accounts
Production
Construction and Properties
Government and Public Finance
Demographic and Labour Market
Domestic Trade and Household Survey
Inflation
Foreign Trade
Balance of Payments
Monetary
Banking Statistics
Interest and Foreign Exchange Rates
Energy
Tourism
Business and Economic Survey
Financial Market
Transport and Telecommunications
National Accounts Last Frequency Range
Nominal GDP (USD mn)

23,549.8

Jun 2020

quarterly

Mar 1991 - Jun 2020

Real GDP Growth (%)

-12.4

Jun 2020

quarterly

Mar 1994 - Jun 2020

Nominal GDP Growth (%)

-12.577

Jun 2020

quarterly

Mar 1992 - Jun 2020

GDP per Capita (USD)

6,183.826

2019

yearly

1960 - 2019

GDP Deflator Growth (%)

-0.2

Jun 2020

quarterly

Mar 2001 - Jun 2020

Private Consumption Expenditure (USD mn)

14,313.368

Jun 2020

quarterly

Mar 1991 - Jun 2020

Private Consumption: % of GDP (%)

60.8

Jun 2020

quarterly

Mar 1991 - Jun 2020

Public Consumption Expenditure (USD mn)

3,529.320

Jun 2020

quarterly

Mar 1991 - Jun 2020

Public Consumption: % of GDP (%)

15.0

Jun 2020

quarterly

Mar 1991 - Jun 2020

Investment: % of GDP (%)

22.5

Jun 2020

quarterly

Mar 1991 - Jun 2020

Gross Fixed Capital Formation (USD mn)

5,406.771

Jun 2020

quarterly

Mar 1991 - Jun 2020

Gross National Product (USD mn)

104,329.595

2019

yearly

1960 - 2019

Gross Savings Rate (%)

24.2

Jun 2020

quarterly

Mar 1991 - Jun 2020

Forecast: GDP PPP Per Capita (PPP Intl $)

12,272.923

2025

yearly

1980 - 2025

Forecast: Nominal GDP Per Capita (USD)

6,043.324

2025

yearly

1980 - 2025

Forecast: Real GDP Growth (%)

2.285

2025

yearly

1980 - 2025

Total Trade of Goods & Services: % of Nominal GDP (%)

39.346

Jun 2020

quarterly

Mar 1991 - Jun 2020

GDP: Imports of Goods and Services (USD th)

4,428,563.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP (USD th)

23,549,792.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Household Consumption (USD th)

14,313,368.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Government Final Consumption (USD th)

3,529,320.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Gross Fixed Capital Formation (USD th)

5,406,771.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Changes In Stocks (USD th)

-108,492.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Exports of Goods and Services (USD th)

4,837,388.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

Nominal GDP: USD mn (Annual) (USD mn)

107,435.665

2019

yearly

1950 - 2019

GDP: 2007p: Exports of Goods and Services (USD th)

4,443,982.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Imports of Goods and Services (USD th)

4,271,281.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p (USD th)

15,789,815.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Household Consumption (USD th)

9,950,771.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Government Final Consumption (USD th)

2,470,601.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Gross Fixed Capital Formation (USD th)

3,362,686.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: Implicit Deflator (2007=100)

149.145

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Professional, Technical and Administrative (USD th)

1,772,494.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Activities of Financial Services (USD th)

918,368.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Gross Value Added by Industries (USD th)

22,183,407.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Accommodation and Food Services (USD th)

497,218.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Mail and Communications (USD th)

487,977.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Transport (USD th)

1,035,695.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Public Administration and Defense, Compulsory Social Security Schemes (USD th)

1,562,139.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Education and Health and Social Services (USD th)

2,182,652.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Other Services (USD th)

1,567,856.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Agriculture (USD th)

2,064,576.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Oil and Mining (USD th)

966,568.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Manufacturing (except Oil Refining) (USD th)

3,259,906.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Electricity and Water (USD th)

486,725.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: Construction (USD th)

2,541,593.000

Jun 2020

quarterly

Mar 2000 - Jun 2020

GDP: 2007p: Professional, Technical and Administrative (USD th)

1,029,052.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Agriculture (USD th)

1,371,526.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Other Services (USD th)

1,075,206.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Mail and Communications (USD th)

614,063.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Public Administration and Defense, Compulsory Social Security Scheme... (USD th)

1,016,417.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Construction (USD th)

1,282,765.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Transport (USD th)

935,509.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Activities of Financial Services (USD th)

601,766.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Gross Value Added by Industries (USD th)

15,421,656.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Accomodation and Food Services (USD th)

272,282.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Education and Health and Social Services (USD th)

1,443,765.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Oil and Mining (USD th)

1,148,217.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Manufacturing (except Oil Refining) (USD th)

1,922,915.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

GDP: 2007p: Electricity and Water (USD th)

557,464.000

Jun 2020

quarterly

Mar 1993 - Jun 2020

Production Last Frequency Range
Industrial Production Index Growth (%)

20.7

Aug 2020

monthly

Jan 2017 - Aug 2020

Minerals Production (Metric Ton)

26,121,473.000

2018

yearly

2009 - 2018

Gold Production (kg)

7,320.000

2017

yearly

1990 - 2017

Silver Production (Metric Ton)

17.000

2016

yearly

1990 - 2016

Motor Vehicle Production (Unit)

2,700.000

2016

yearly

2000 - 2016

Economic Activity Index: IDEAC (2007=100)

132.598

Jun 2020

monthly

Jan 2007 - Jun 2020

Economic Activity Index: IDEAC: Seasonally Adjusted (2007=100)

122.762

Jun 2020

monthly

Jan 2007 - Jun 2020

Industrial Volume Index: Manufacturing (2015=100)

129.422

Aug 2020

monthly

Jan 2016 - Aug 2020

Construction and Properties Last Frequency Range
Building Permits (Unit)

35,639.000

2018

yearly

2000 - 2018

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%)

-2.4

Mar 2020

quarterly

Dec 2000 - Mar 2020

Consolidated Fiscal Balance (USD mn)

288.395

Mar 2020

quarterly

Mar 2000 - Mar 2020

Tax Revenue (USD mn)

3,526.553

Mar 2020

quarterly

Mar 2000 - Mar 2020

Tax Revenue: % of GDP (%)

13.6

Mar 2020

quarterly

Mar 2000 - Mar 2020

National Government Debt (USD mn)

57,804.2

Sep 2020

quarterly

Dec 2005 - Sep 2020

Government Debt: % of GDP (%)

56.9

Jun 2020

quarterly

Dec 2005 - Jun 2020

Forecast: Government Expenditure (USD bn)

37.783

2025

yearly

1995 - 2025

Forecast: Government Net Debt (USD bn)

63.609

2025

yearly

2001 - 2025

Forecast: Government Revenue (USD bn)

40.348

2025

yearly

1995 - 2025

Central Government: Finance (USD mn)

359.416

Aug 2020

monthly

Jan 2006 - Aug 2020

Central Government: Balance (USD mn)

-359.416

Aug 2020

monthly

Jan 2006 - Aug 2020

Central Government: Revenue (USD mn)

935.315

Aug 2020

monthly

Jan 2006 - Aug 2020

Central Government: Expenditure excl Amortization (USD mn)

1,294.731

Aug 2020

monthly

Jan 2006 - Aug 2020

Public Debt (USD th)

51,214,799.000

Mar 2019

quarterly

Dec 2005 - Mar 2019

Demographic and Labour Market Last Frequency Range
Population (Person mn)

17.6

2020

yearly

1950 - 2020

Labour Force Participation Rate (%)

62.8

Sep 2020

quarterly

Dec 2013 - Sep 2020

Employed Persons (Person)

7,351,605.651

Sep 2020

quarterly

Dec 2013 - Sep 2020

Unemployment Rate (%)

6.64

Sep 2020

quarterly

Dec 2013 - Sep 2020

Monthly Earnings (USD)

444

Dec 2019

quarterly

Jun 2007 - Dec 2019

Labour Productivity Growth (%)

-1.61

2019

yearly

1992 - 2019

Forecast: Population (Person mn)

18.776

2025

yearly

1980 - 2025

Forecast: Employment (Person mn)

0.000

yearly

-

Forecast: Unemployment Rate (%)

4.125

2025

yearly

1988 - 2025

National: Working Age (Person)

12,531,127.000

Sep 2020

quarterly

Dec 2013 - Sep 2020

National: Economically Active: Employed (Person)

7,351,605.651

Sep 2020

quarterly

Dec 2013 - Sep 2020

National: Economically Active: Unemployed (Person)

522,619.871

Sep 2020

quarterly

Dec 2013 - Sep 2020

Ave Weekly Hours Worked: ISIC Rev 4 (Hour)

40.000

Dec 2019

quarterly

Jun 2007 - Dec 2019

Ave Weekly Hours Worked: ISIC Rev 4: Manufacturing (Hour)

40.000

Dec 2019

quarterly

Jun 2007 - Dec 2019

Domestic Trade and Household Survey Last Frequency Range
Number of Registered Vehicles (Unit)

1,821,145

2018

yearly

2006 - 2018

Motor Vehicles Sales (Unit)

120,516

2019

yearly

2005 - 2019

Motor Vehicles Sales Growth (%)

-7.9

2019

yearly

2006 - 2019

Motor Vehicle Sales: Commercial Cars (Unit)

21,919.000

Dec 2019

semiannually

Dec 2005 - Dec 2019

Motor Vehicle Sales: Passenger Cars (Unit)

98,597.000

Dec 2019

semiannually

Dec 2005 - Dec 2019

Consumer Confidence: Net Balance (% Point)

8.8

Sep 2020

monthly

Dec 2014 - Sep 2020

Consumer Confidence Growth (% Point)

34.8

Sep 2020

monthly

Dec 2015 - Sep 2020

Consumer Confidence Index (Point)

54.420

Sep 2020

monthly

Dec 2014 - Sep 2020

Inflation Last Frequency Range
Consumer Price Index CPI Growth (%)

-0.9

Sep 2020

monthly

Jan 1958 - Sep 2020

CPI: Food and Non Alcoholic Beverage Change (%)

-0.303

Sep 2020

monthly

Jan 2016 - Sep 2020

Producer Price Index Growth (%)

-1.6

Sep 2020

monthly

Jan 1999 - Sep 2020

Forecast: Consumer Price Index Growth (%)

1.000

2025

yearly

1980 - 2025

CPI: Education (2014=100)

110.161

Sep 2020

monthly

Jan 2015 - Sep 2020

CPI: Restaurants & Hotels (RH) (2014=100)

107.615

Sep 2020

monthly

Jan 2015 - Sep 2020

CPI: Miscellaneous Goods and Services (MS) (2014=100)

105.532

Sep 2020

monthly

Jan 2015 - Sep 2020

Consumer Price Index: General (2014=100)

104.470

Sep 2020

monthly

Jan 1969 - Sep 2020

CPI: Food and Non Alcoholic Beverages (FB) (2014=100)

104.885

Sep 2020

monthly

Jan 2015 - Sep 2020

CPI: Alcoholic Beverages, Tobacco and Narcotics (AT) (2014=100)

131.408

Sep 2020

monthly

Jan 2015 - Sep 2020

CPI: Housing, Water, Electricity, Gas and Other Fuels (HW) (2014=100)

116.365

Sep 2020

monthly

Jan 2015 - Sep 2020

CPI: Health (2014=100)

115.803

Sep 2020

monthly

Jan 2015 - Sep 2020

Producer Price Index (PPI) (2015=100)

101.895

Sep 2020

monthly

Jan 1998 - Sep 2020

Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%)

2.059

2025

yearly

1980 - 2025

Trade Balance (USD mn)

435.8

Aug 2020

monthly

Jan 1965 - Aug 2020

Total Exports (USD mn)

1,787.5

Aug 2020

monthly

Jan 1965 - Aug 2020

Total Exports Growth (%)

-7.5

Aug 2020

monthly

Jan 1966 - Aug 2020

Aluminum: Exports (USD th)

33,552.274

2019

yearly

1995 - 2019

Exports: Medicament (USD th)

46,750.981

2019

yearly

1995 - 2019

Exports: Medicinal and Pharmaceutical Product (USD th)

2,202.795

2019

yearly

1995 - 2019

Total Imports (USD mn)

1,419.4

Aug 2020

monthly

Jan 1957 - Aug 2020

Total Imports Growth (%)

-25.9

Aug 2020

monthly

Jan 1958 - Aug 2020

Imports: Medicament (USD th)

779,550.310

2019

yearly

1995 - 2019

Imports: Medicinal and Pharmaceutical Product (USD th)

327,256.266

2019

yearly

1995 - 2019

Total Exports to USA (USD mn)

459.734

Aug 2020

monthly

Jan 2007 - Aug 2020

Total Imports from USA (USD mn)

330.663

Aug 2020

monthly

Jan 1973 - Aug 2020

Total Exports to China (USD mn)

209.866

Aug 2020

monthly

Jan 2010 - Aug 2020

Total Imports from China (USD mn)

237.991

Aug 2020

monthly

May 1992 - Aug 2020

Terms of Trade Index: 2007=100 (2007=100)

83.634

Aug 2020

monthly

Jan 2014 - Aug 2020

Exports: FOB: Petroleum: Crude Petroleum (USD th)

438,791.394

Aug 2020

monthly

Jan 2005 - Aug 2020

Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th)

297,221.039

Aug 2020

monthly

Jan 2005 - Aug 2020

Exports: FOB: America: United States (USD mn)

459.734

Aug 2020

monthly

Jan 2007 - Aug 2020

Imports: CIF: Consumer Goods: Non Durable (USD th)

213,922.702

Aug 2020

monthly

Jan 2005 - Aug 2020

Imports: CIF: Fuels And Lubricants (USD th)

223,528.113

Aug 2020

monthly

Jan 2005 - Aug 2020

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)

254.9

Jun 2020

quarterly

Mar 1993 - Jun 2020

Current Account Balance: % of GDP (%)

1.1

Jun 2020

quarterly

Mar 1993 - Jun 2020

Foreign Direct Investment (USD mn)

90.8

Jun 2020

quarterly

Mar 1993 - Jun 2020

Foreign Direct Investment: % of GDP (%)

0.4

Jun 2020

quarterly

Mar 1993 - Jun 2020

Foreign Portfolio Investment: Debt Securities (USD mn)

293.901

Jun 2020

quarterly

Mar 1999 - Jun 2020

Foreign Portfolio Investment (USD mn)

293.903

Jun 2020

quarterly

Mar 1999 - Jun 2020

Foreign Portfolio Investment: % of GDP (%)

1.2

Jun 2020

quarterly

Mar 1999 - Jun 2020

Foreign Portfolio Investment: Equity Securities (USD mn)

0.0

Jun 2020

quarterly

Mar 1999 - Jun 2020

External Debt (USD mn)

52,219.1

Aug 2020

monthly

Jan 1994 - Aug 2020

External Debt: % of GDP (%)

48.7

2019

yearly

1970 - 2019

External Debt: Short Term (USD mn)

594.7

Mar 2020

quarterly

Mar 2004 - Mar 2020

External Debt: Short Term: % of GDP (%)

0.6

2019

yearly

1970 - 2019

Forecast: Current Account Balance (USD bn)

0.697

2025

yearly

1980 - 2025

Net International Investment Position (USD)

-26,422,757,425.874

Jun 2020

quarterly

Mar 2016 - Jun 2020

BoP: CA: Goods & Services: Goods (USD mn)

677.779

Jun 2020

quarterly

Mar 2016 - Jun 2020

BoP: CA: Goods & Services: Services (USD mn)

-286.072

Jun 2020

quarterly

Mar 2016 - Jun 2020

BoP: CA: Services: Debit (USD mn)

-890.640

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: Reserve Assets (USD mn)

-1,035.111

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: Error and Omission (USD mn)

-77.886

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CF: Capital Account (CC) (USD mn)

18.320

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CA: Current Transfers: Credit (USD mn)

954.937

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CA: Income: Debit (USD mn)

-853.502

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CA: Current Transfers (USD mn)

692.742

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CA: Services: Credit (USD mn)

624.724

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CA: Income: Credit (USD mn)

48.442

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CA: Income (USD mn)

-805.060

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CA: Goods (USD mn)

313.333

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CA: Services (USD mn)

-265.916

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CA: Current Transfers: Debit (USD mn)

-262.195

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CF: Financial Account (FC) (USD mn)

899.224

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CF: FC: Direct Investment (USD mn)

127.874

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CF: FC: Portfolio Investment (USD mn)

1,991.078

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CF: FC: Portfolio Investment: Asset (USD mn)

69.120

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CF: FC: Other Investment (OI) (USD mn)

-1,219.728

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CF: FC: OI: Assets (USD mn)

-984.235

Sep 2019

quarterly

Mar 1999 - Sep 2019

BoP: CF: FC: OI: Liabilities (USD mn)

-235.493

Sep 2019

quarterly

Mar 1999 - Sep 2019

International Investment Position (USD mn)

-15,092.595

2018

yearly

1999 - 2018

IIP: Assets (USD mn)

52,628.130

2018

yearly

1999 - 2018

IIP: Liabilities (USD mn)

67,720.724

2018

yearly

1999 - 2018

External Debt: Public (USD mn)

40,822.195

Aug 2020

monthly

Jan 1994 - Aug 2020

External Debt: Private (USD mn)

11,396.940

Aug 2020

monthly

Jan 1994 - Aug 2020

Gross External Debt (USD mn)

51,346.497

Jun 2020

quarterly

Mar 2004 - Jun 2020

Gross External Debt: Long Term (USD mn)

49,049.993

Mar 2020

quarterly

Mar 2004 - Mar 2020

Foreign Direct Investment: Agriculture, Forestry, Hunting and Fishing (USD th)

10,953.137

Sep 2019

quarterly

Mar 2002 - Sep 2019

Foreign Direct Investment: Mining and Quarrying (USD th)

77,873.681

Sep 2019

quarterly

Mar 2002 - Sep 2019

Foreign Direct Investment: Manufacturing (USD th)

7,965.527

Sep 2019

quarterly

Mar 2002 - Sep 2019

Foreign Direct Investment: BPM6 (USD th)

90,838.393

Jun 2020

quarterly

Mar 2016 - Jun 2020

Foreign Direct Investment: Total (USD th)

127,874.482

Sep 2019

quarterly

Mar 2002 - Sep 2019

Foreign Direct Investment: America: United States (USD th)

13,003.074

Sep 2019

quarterly

Mar 2002 - Sep 2019

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

Foreign Direct Investment: Europe: Spain (USD th)

88,442.667

Dec 2018

quarterly

Mar 2002 - Dec 2018

Monetary Last Frequency Range
Non Performing Loans Ratio (%)

5.4

Sep 2020

monthly

Jan 2006 - Sep 2020

Household Debt: % of GDP (%)

13.2

Jun 2020

quarterly

Dec 2006 - Jun 2020

Non-Performing Loans (USD mn)

2,316.070

Sep 2020

monthly

Jan 2006 - Sep 2020

Money Supply M1 (USD mn)

27,274.795

Aug 2020

monthly

Dec 2006 - Aug 2020

Money Supply M2 (USD mn)

60,086.985

Aug 2020

monthly

Dec 2006 - Aug 2020

M2 Growth (%)

8.5

Aug 2020

monthly

Dec 2007 - Aug 2020

Reserve Requirement Ratio (%)

2.0

Sep 2020

monthly

Dec 2009 - Sep 2020

Foreign Exchange Reserves (USD mn)

1,449.8

Sep 2020

monthly

Dec 1956 - Sep 2020

Foreign Exchange Reserves: % of GDP (%)

1.203

Jun 2020

quarterly

Dec 2000 - Jun 2020

Foreign Exchange Reserves: Months of Import (NA)

1.2

Aug 2020

monthly

Jan 2005 - Aug 2020

Gold Reserves (USD mn)

1,932.139

Sep 2020

monthly

Dec 1956 - Sep 2020

Total Deposits Growth (%)

9.0

Sep 2020

monthly

Jan 2007 - Sep 2020

Total Deposits (USD mn)

42,562.750

Sep 2020

monthly

Jan 2006 - Sep 2020

Domestic Credit (USD mn)

47,755.0

Sep 2020

monthly

Jan 2006 - Sep 2020

Domestic Credit Growth (%)

11.6

Sep 2020

monthly

Jan 2007 - Sep 2020

Household Debt (USD mn)

13,541.5

Sep 2020

monthly

Oct 2006 - Sep 2020

Total Loans (USD mn)

41,899.290

Sep 2020

monthly

Jan 2006 - Sep 2020

Total Loans Growth (%)

0.88

Sep 2020

monthly

Jan 2007 - Sep 2020

Private Debt: % of Nominal GDP (%)

42.94

Jun 2020

quarterly

Mar 2004 - Jun 2020

EC: Financial Survey: MFSM 2000: Deposits (USD mn)

44,436.998

Aug 2020

monthly

Jul 2002 - Aug 2020

EC: Financial Survey: MFSM 2000: Loans (USD mn)

67.630

Aug 2020

monthly

Jul 2002 - Aug 2020

International Reserve: Net Currency Position (USD mn)

1,449.936

Sep 2020

monthly

Jan 2004 - Sep 2020

Banking Statistics Last Frequency Range
Liquid Assets Ratio (%)

16.0

Sep 2020

quarterly

Mar 2006 - Sep 2020

Capital Adequacy Ratio (%)

17.4

Feb 2020

monthly

Dec 2006 - Feb 2020

Depository Institutions: Assets: Total (USD mn)

55,966.10

Mar 2018

monthly

Jan 2006 - Mar 2018

Banco Central del Ecuador: Assets: Total (USD mn)

13,717.413

Sep 2020

monthly

Jan 2006 - Sep 2020

Interest and Foreign Exchange Rates Last Frequency Range
Bank Lending Rate (% pa)

8.960

Oct 2020

monthly

Jan 2004 - Oct 2020

Exchange Rate against USD (USD/USD)

1.000

Sep 2020

monthly

May 2006 - Sep 2020

Policy Rate (% pa)

9.02

Sep 2020

monthly

Jul 1995 - Sep 2020

Real Effective Exchange Rate (2007=100)

110.3

Nov 2017

monthly

Jan 2011 - Nov 2017

Deposit Rate (% pa)

6.310

Oct 2020

monthly

Jan 2004 - Oct 2020

Foreign Exchange Rate: BCE: Ecuador Dollar to EURO (USD/EUR)

1.171

Sep 2020

monthly

May 2006 - Sep 2020

Energy Last Frequency Range
Electricity Production (GWh)

32,277

2019

yearly

1971 - 2019

Natural Gas Production: OPEC: Marketed Production (Cub m mn)

313.000

2019

yearly

1960 - 2019

Natural Gas: Consumption (Cub ft/Day bn)

0.061

2019

yearly

1970 - 2019

Crude Oil: Production (Barrel/Day th)

535.000

Nov 2019

monthly

Sep 2007 - Nov 2019

Crude Oil: Exports (Barrel/Day th)

397.833

2019

yearly

1980 - 2019

Oil Consumption (Barrel/Day th)

248.556

2019

yearly

1965 - 2019

Tourism Last Frequency Range
Visitor Arrivals (Person)

1,940,992

2019

yearly

1997 - 2019

Visitor Arrivals Growth (%)

-13.8

2019

yearly

1998 - 2019

Tourism Revenue (USD mn)

1,878

2018

yearly

1995 - 2018

Tourism Revenue Growth (%)

20.8

2018

yearly

1996 - 2018

Tourist Departure: Foreigner (Person)

2,427,660.000

2018

yearly

1997 - 2018

Tourist Arrival: Resident (Person)

1,497,680.000

2018

yearly

1997 - 2018

Business and Economic Survey Last Frequency Range
Business Confidence Growth (%)

-0.9

Aug 2020

monthly

May 2008 - Aug 2020

Business Confidence Index: Global (May2007=100)

1,443.300

Aug 2020

monthly

May 2007 - Aug 2020

Business Confidence Index: Industry (May2007=100)

2,327.700

Aug 2020

monthly

May 2007 - Aug 2020

Business Confidence Index: Commerce (May2007=100)

1,874.000

Aug 2020

monthly

May 2007 - Aug 2020

Business Confidence Index: Construction (May2007=100)

522.000

Aug 2020

monthly

May 2007 - Aug 2020

Business Confidence Index: Services (May2007=100)

1,163.800

Aug 2020

monthly

May 2007 - Aug 2020

Financial Market Last Frequency Range
Equity Market Index (02Aug1993=1000)

1,342.0

Sep 2020

monthly

Jan 2012 - Sep 2020

Market Capitalization: % of GDP (%)

7.6

2019

yearly

2000 - 2019

Market Capitalization (USD mn)

8,168.843

2019

yearly

1990 - 2019

Quito Stock Exchange: Turnover Value (USD th)

499,007.014

Aug 2020

monthly

Jan 2006 - Aug 2020

Quito Stock Exchange: Market Capitalization (USD th)

8,168,843.000

2019

yearly

1990 - 2019

Transport and Telecommunications Last Frequency Range
Motor Vehicle Registered (Unit th)

2,267.344

2015

yearly

2005 - 2015

Container Port Throughput (TEU)

2,096,300.000

2019

yearly

2008 - 2019

Liner Shipping Connectivity Index (2004=100)

24.760

2018

yearly

2004 - 2018

Number of Subscriber Fixed Line (Unit)

2,195,840.000

2019

yearly

1965 - 2019

Number of Subscriber Mobile (Person)

15,853,100.000

2019

yearly

1960 - 2019

Teledensity: Fixed Line (Number)

12.639

2019

yearly

1965 - 2019

Teledensity: Mobile (Number)

91.248

2019

yearly

1960 - 2019

Exports: ICT Goods (USD th)

17,014.293

2018

yearly

2000 - 2018

Exports: Telecommunication Equipment (USD th)

26,773.589

2019

yearly

1995 - 2019

Exports: Television (USD th)

1,651.986

2019

yearly

1995 - 2019

Imports: ICT Goods (USD th)

1,355,110.747

2018

yearly

2000 - 2018

Imports: Telecommunication Equipment (USD th)

510,763.322

2019

yearly

1995 - 2019

Imports: Television (USD th)

185,182.300

2019

yearly

1995 - 2019

Motor Vehicles Registered (Unit)

2,403,651.000

2018

yearly

1997 - 2018

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