Ecuador Gross Savings Rate

1991 - 2023 | Quarterly | % | CEIC Data

Key information about Ecuador Gross Savings Rate

  • Ecuador Gross Savings Rate was measured at 22.5% in Jun 2023, compared with 22.5% in the previous quarter.
  • Ecuador Gross Savings Rate is updated quarterly, with data available from Mar 1991 to Jun 2023, and an average rate of 22.5%.
  • The data reached an all-time high of 22.5% in Mar 2000 and a record low of 15.6% in Dec 1998.
  • CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. Final Consumption Expenditure is calculated as the sum of Household and Government Consumption Expenditure. The Central Bank of Ecuador provides Final Consumption Expenditure in USD and Nominal GDP in USD. Gross Domestic Savings Rate prior to Q1 2000 is sourced from the International Monetary Fund.
  • In the latest reports, Ecuador GDP expanded 0.7% YoY in Mar 2023.
  • Ecuador Nominal GDP reached 28,925.9 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 1.9% in Mar 2023.
  • Ecuador GDP Per Capita reached 5,670.3 USD in Dec 2020.

View Ecuador's Gross Savings Rate from Mar 1991 to Jun 2023 in the chart:

Ecuador Gross Savings Rate

What was Ecuador's Gross Savings Rate in Jun 2023?

Ecuador Gross Savings Rate was measured at 22.5% in Jun 2023, compared with 22.5% in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
22.5 Jun 2023 21.8 Mar 2023 15.6 Dec 1998 31.4 Mar 2000 % quarterly Mar 1991 - Jun 2023

Gross Savings Rate by Country Comparison

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Includes Gross Savings Rate on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 17.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 36.2 2021 yearly 2000 - 2021
Argentina (%) 11.0 Mar 2023 quarterly Mar 2004 - Mar 2023
Armenia (%) 13.7 Jun 2023 quarterly Dec 1994 - Jun 2023
Australia (%) 29.6 Dec 2022 quarterly Sep 1959 - Dec 2022
Austria (%) 27.4 Jun 2023 quarterly Mar 1995 - Jun 2023
Azerbaijan (%) 32.0 Jun 2023 quarterly Mar 2001 - Jun 2023
Bahrain (%) 34.4 2021 yearly 1989 - 2021
Bangladesh (%) 30.4 2021 yearly 2006 - 2021
Belarus (%) 24.6 Jun 2023 quarterly Mar 1992 - Jun 2023
Belgium (%) 24.2 Jun 2023 quarterly Mar 1980 - Jun 2023
Bolivia (%) 19.2 Jun 2023 quarterly Mar 1990 - Jun 2023
Bosnia and Herzegovina (%) 17.5 Jun 2023 quarterly Mar 2008 - Jun 2023
Botswana (%) 32.2 Jun 2023 quarterly Mar 1994 - Jun 2023
Brazil (%) 17.4 Jun 2023 quarterly Mar 1991 - Jun 2023
Brunei (%) 60.0 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (%) 20.7 Jun 2023 quarterly Mar 1995 - Jun 2023
Cambodia (%) 27.2 2021 yearly 1993 - 2021
Canada (%) 20.0 Jun 2023 quarterly Mar 1961 - Jun 2023
Chile (%) 19.9 Jun 2023 quarterly Mar 1996 - Jun 2023
China (%) 45.9 2021 yearly 1952 - 2021
Colombia (%) 8.6 Dec 2022 quarterly Mar 2005 - Dec 2022
Croatia (%) 22.8 Jun 2023 quarterly Mar 1995 - Jun 2023
Cyprus (%) 21.1 Jun 2023 quarterly Mar 1995 - Jun 2023
Czech Republic (%) 31.3 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 33.7 Jun 2023 quarterly Mar 1990 - Jun 2023
Ecuador (%) 22.5 Jun 2023 quarterly Mar 1991 - Jun 2023
Egypt (%) 6.7 2017 yearly 1990 - 2017
Estonia (%) 29.7 Dec 2022 quarterly Mar 1993 - Dec 2022
European Union (%) 26.7 Jun 2023 quarterly Mar 1995 - Jun 2023
Finland (%) 21.9 Jun 2023 quarterly Mar 1990 - Jun 2023
France (%) 14.2 Dec 2017 quarterly Mar 1949 - Dec 2017
Georgia (%) 20.9 Jun 2023 quarterly Mar 1996 - Jun 2023
Germany (%) 29.6 Mar 2023 quarterly Mar 1991 - Mar 2023
Ghana (%) 15.4 2022 yearly 2006 - 2022
Greece (%) 8.1 Dec 2022 quarterly Mar 1995 - Dec 2022
Hong Kong SAR, China (%) 19.4 Jun 2023 quarterly Mar 1999 - Jun 2023
Hungary (%) 28.0 Jun 2023 quarterly Mar 1995 - Jun 2023
Iceland (%) 20.6 Jun 2023 quarterly Mar 1995 - Jun 2023
India (%) 30.2 2022 yearly 1951 - 2022
Indonesia (%) 39.0 Sep 2023 quarterly Mar 2010 - Sep 2023
Iran (%) 29.9 Mar 2023 quarterly Jun 1988 - Mar 2023
Ireland (%) 62.1 Jun 2023 quarterly Mar 1995 - Jun 2023
Israel (%) 30.2 Jun 2023 quarterly Mar 1995 - Jun 2023
Italy (%) 20.8 Jun 2023 quarterly Mar 1995 - Jun 2023
Ivory Coast (%) 22.2 2022 yearly 1960 - 2022
Japan (%) 28.8 Mar 2022 quarterly Mar 1980 - Mar 2022
Jordan (%) -3.9 2022 yearly 1963 - 2022
Kazakhstan (%) 44.9 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 12.1 2022 yearly 2006 - 2022
South Korea (%) 34.0 Dec 2022 quarterly Mar 1970 - Dec 2022
Kosovo (%) -3.4 Jun 2023 quarterly Mar 2010 - Jun 2023
Kuwait (%) 31.1 2019 yearly 1970 - 2019
Kyrgyzstan (%) -4.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Laos (%) 18.4 2016 yearly 2000 - 2016
Latvia (%) 20.1 Jun 2023 quarterly Mar 1995 - Jun 2023
Lebanon (%) -21.7 2020 yearly 1990 - 2020
Lithuania (%) 19.4 Jun 2023 quarterly Mar 1995 - Jun 2023
Luxembourg (%) 52.5 Sep 2022 quarterly Mar 1995 - Sep 2022
Macau SAR, China (%) 16.6 Dec 2022 quarterly Mar 2001 - Dec 2022
North Macedonia (%) 9.6 Jun 2023 quarterly Mar 2000 - Jun 2023
Malawi (%) 11.2 2019 yearly 1977 - 2019
Malaysia (%) 26.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Malta (%) 39.4 Jun 2023 quarterly Mar 1992 - Jun 2023
Mauritius (%) 20.6 Jun 2023 quarterly Mar 1999 - Jun 2023
Mexico (%) 18.5 Jun 2023 quarterly Mar 1993 - Jun 2023
Moldova (%) -1.3 Jun 2023 quarterly Mar 1995 - Jun 2023
Mongolia (%) 35.8 Dec 2022 quarterly Mar 2005 - Dec 2022
Montenegro (%) 8.8 Jun 2023 quarterly Mar 2010 - Jun 2023
Morocco (%) 27.2 2022 yearly 1975 - 2022
Mozambique (%) 8.1 2022 yearly 1969 - 2022
Myanmar (%) 28.7 2018 yearly 1996 - 2018
Nepal (%) 31.4 2023 yearly 2001 - 2023
Netherlands (%) 31.2 Jun 2023 quarterly Mar 1995 - Jun 2023
New Zealand (%) 20.3 Sep 2022 quarterly Jun 1987 - Sep 2022
Nigeria (%) 32.7 2021 yearly 1981 - 2021
Norway (%) 35.9 Jun 2023 quarterly Mar 1978 - Jun 2023
Oman (%) 18.8 2021 yearly 1980 - 2021
Pakistan (%) 6.0 2023 yearly 2000 - 2023
Palestinian Territory (%) 9.0 Mar 2023 quarterly Mar 2011 - Mar 2023
Panama (%) 35.8 2021 yearly 1960 - 2021
Paraguay (%) 21.3 Jun 2023 quarterly Mar 1994 - Jun 2023
Peru (%) 19.8 Jun 2023 quarterly Mar 1990 - Jun 2023
Philippines (%) 10.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (%) 23.3 Jun 2023 quarterly Mar 1995 - Jun 2023
Portugal (%) 21.7 Jun 2023 quarterly Mar 1999 - Jun 2023
Qatar (%) 66.4 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 20.8 Jun 2023 quarterly Mar 1995 - Jun 2023
Russia (%) 31.9 Sep 2022 quarterly Mar 1993 - Sep 2022
Saudi Arabia (%) 38.1 Jun 2023 quarterly Mar 2003 - Jun 2023
Serbia (%) 14.5 Jun 2023 quarterly Mar 1995 - Jun 2023
Singapore (%) 49.2 2022 yearly 1960 - 2022
Slovakia (%) 18.6 Jun 2023 quarterly Mar 1995 - Jun 2023
Slovenia (%) 28.2 Jun 2023 quarterly Mar 1995 - Jun 2023
South Africa (%) 14.8 Jun 2023 quarterly Mar 1960 - Jun 2023
Spain (%) 22.7 Jun 2023 quarterly Mar 1999 - Jun 2023
Sri Lanka (%) 26.1 Sep 2022 quarterly Mar 2010 - Sep 2022
Sudan (%) 13.7 2014 yearly 1960 - 2014
Sweden (%) 30.6 Jun 2023 quarterly Mar 1980 - Jun 2023
Switzerland (%) 33.4 Jun 2023 quarterly Mar 1990 - Jun 2023

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Ecuador Key Series

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Includes 170 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 (%) -1.1 Jun 2023 quarterly Dec 2000 - Jun 2023
Consolidated Fiscal Balance (USD mn) 306.125 Jun 2023 quarterly Mar 2000 - Jun 2023
Tax Revenue (USD mn) 4,077.125 Jun 2023 quarterly Mar 2000 - Jun 2023
Tax Revenue: % of GDP (%) 13.7 Jun 2023 quarterly Mar 2000 - Jun 2023
National Government Debt (USD mn) 74,902.2 Jun 2023 quarterly Dec 2005 - Jun 2023
Government Debt: % of GDP (%) 64.1 Jun 2023 quarterly Dec 2005 - Jun 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) 304.350 Sep 2023 monthly Jan 2006 - Sep 2023
Central Government: Balance (USD mn) -304.350 Sep 2023 monthly Jan 2006 - Sep 2023
Central Government: Expenditure excl Amortization (USD mn) 1,738.640 Sep 2023 monthly Jan 2006 - Sep 2023
Central Government: Revenue (USD mn) 1,434.290 Sep 2023 monthly Jan 2006 - Sep 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.962 2028 yearly 1980 - 2028
Trade Balance (USD mn) -98.8 Aug 2023 monthly Mar 1992 - Aug 2023
Total Exports (USD mn) 2,528.2 Apr 2023 monthly Jan 1965 - Apr 2023
Total Exports Growth (%) -0.8 Aug 2023 monthly Jan 1966 - Aug 2023
Aluminum: Exports (USD th) 65,385.665 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) 2,865.2 Aug 2023 monthly Jan 1957 - Aug 2023
Total Imports Growth (%) -0.6 Aug 2023 monthly Jan 1958 - Aug 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) 683.234 Aug 2023 monthly Jan 2007 - Aug 2023
Total Imports from USA (USD mn) 643.227 Aug 2023 monthly Jan 1973 - Aug 2023
Total Exports to China (USD mn) 397.387 Aug 2023 monthly Jan 2007 - Aug 2023
Total Imports from China (USD mn) 533.211 Aug 2023 monthly May 1992 - Aug 2023
Terms of Trade Index: 2007=100 (2007=100) 97.909 Aug 2023 monthly Jan 2014 - Aug 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) 891.4 Jun 2023 quarterly Mar 1993 - Jun 2023
Current Account Balance: % of GDP (%) 3.0 Jun 2023 quarterly Mar 1993 - Jun 2023
Foreign Direct Investment (USD mn) 83.4 Jun 2023 quarterly Mar 1993 - Jun 2023
Foreign Direct Investment: % of GDP (%) 0.3 Jun 2023 quarterly Mar 1993 - Jun 2023
Foreign Portfolio Investment (USD mn) -663.337 Jun 2023 quarterly Mar 1999 - Jun 2023
Foreign Portfolio Investment: % of GDP (%) -2.2 Jun 2023 quarterly Mar 1999 - Jun 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.3 Jun 2023 quarterly Mar 1999 - Jun 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -663.621 Jun 2023 quarterly Mar 1999 - Jun 2023
External Debt (USD mn) 57,864.4 Aug 2023 monthly Jan 1994 - Aug 2023
External Debt: % of GDP (%) 52.0 2022 yearly 1970 - 2022
External Debt: Short Term (USD mn) 869.4 Jun 2023 quarterly Mar 2004 - Jun 2023
External Debt: Short Term: % of GDP (%) 1.6 2022 yearly 1970 - 2022
Forecast: Current Account Balance (USD bn) 2.942 2028 yearly 1980 - 2028
Net International Investment Position (USD) -23,393,803,133.858 Jun 2023 quarterly Mar 2016 - Jun 2023
BoP: CA: Goods & Services: Goods (USD mn) 722.705 Jun 2023 quarterly Mar 2016 - Jun 2023
BoP: CA: Goods & Services: Services (USD mn) -483.519 Jun 2023 quarterly Mar 2016 - Jun 2023
Foreign Direct Investment: BPM6 (USD th) 83,433.239 Jun 2023 quarterly Mar 2016 - Jun 2023
Foreign Direct Investment: Europe: Spain (USD th) 88,442.667 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: Asia: China (USD th) 12,350.723 Dec 2018 quarterly Mar 2002 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.3 Sep 2023 monthly Jan 2006 - Sep 2023
Household Debt: % of GDP (%) 16.0 Jun 2023 quarterly Dec 2006 - Jun 2023
Non-Performing Loans (USD mn) 3,276.005 Sep 2023 monthly Jan 2006 - Sep 2023
Money Supply M1 (USD mn) 29,807.874 Aug 2023 monthly Dec 2006 - Aug 2023
Money Supply M2 (USD mn) 77,661.059 Aug 2023 monthly Dec 2006 - Aug 2023
M2 Growth (%) 7.1 Aug 2023 monthly Dec 2007 - Aug 2023
Reserve Requirement Ratio (%) 2.0 Aug 2022 monthly Dec 2009 - Aug 2022
Foreign Exchange Reserves (USD mn) 3,647.3 Oct 2023 monthly Dec 1956 - Oct 2023
Foreign Exchange Reserves: % of GDP (%) 5.607 Dec 2022 quarterly Dec 2000 - Dec 2022
Foreign Exchange Reserves: Months of Import (NA) 1.5 Aug 2023 monthly Jan 2005 - Aug 2023
Gold Reserves (USD mn) 2,168.807 Oct 2023 monthly Dec 1956 - Oct 2023
Total Deposits (USD mn) 58,333.121 Sep 2023 monthly Jan 2006 - Sep 2023
Total Deposits Growth (%) 7.9 Sep 2023 monthly Jan 2007 - Sep 2023
Domestic Credit (USD mn) 69,140.1 Sep 2023 monthly Jan 2006 - Sep 2023
Domestic Credit Growth (%) 10.2 Sep 2023 monthly Jan 2007 - Sep 2023
Household Debt (USD mn) 19,427.2 Sep 2023 monthly Oct 2006 - Sep 2023
Total Loans (USD mn) 61,659.775 Sep 2023 monthly Jan 2006 - Sep 2023
Total Loans Growth (%) 10.74 Sep 2023 monthly Jan 2007 - Sep 2023
Private Debt: % of Nominal GDP (%) 52.10 Mar 2023 quarterly Mar 2004 - Mar 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -2.6 Sep 2023 monthly Feb 2011 - Sep 2023
Business Confidence Index: Construction (May2007=100) 478.600 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: Global (May2007=100) 1,694.300 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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