Ecuador Labour Productivity Growth

1992 - 2020 | Yearly | % | CEIC Data

Key information about Ecuador Labour Productivity Growth

  • Ecuador Labour Productivity improved by 2.05 % YoY in Dec 2020, compared with a drop of 1.09 % in the previous year
  • Ecuador Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2020, averaging at 0.96 %
  • The data reached an all-time high of 6.44 % in Dec 2011 and a record low of -6.41 % in Dec 2015

CEIC calculates Labour Productivity Growth from annual GDP per person employed. The World Bank provides GDP per person employed in International dollars. Purchasing power parity (PPP) GDP is used which is GDP converted to 2017 constant international dollars using PPP rates.


Further information about Ecuador Labour Productivity Growth

  • In the latest reports, Ecuador Population reached 17.64 Person mn in Dec 2020
  • Its Unemployment Rate dropped to 4.15 % in Dec 2021
  • Monthly Earnings of Ecuador stood at 444.00 USD in Dec 2019
  • The country's Labour Force Participation Rate dropped to 64.93 % in Mar 2022

View Ecuador's Labour Productivity Growth from 1992 to 2020 in the chart:

Ecuador Labour Productivity Growth

What was Ecuador's Labour Productivity Growth in 2020?

Ecuador Labour Productivity improved by 2.05 % YoY in Dec 2020, compared with a drop of 1.09 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.05 2020 -1.09 2019 -6.41 2015 6.44 2011 % yearly 1992 - 2020

Labour Productivity Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 15.93 Jun 2021 quarterly Mar 2010 - Jun 2021
Algeria (%) 0.30 2020 yearly 1992 - 2020
Argentina (%) -2.41 2020 yearly 1992 - 2020
Armenia (%) 2.04 Dec 2021 quarterly Mar 2009 - Dec 2021
Australia (%) 1.95 Dec 2021 quarterly Jun 1979 - Dec 2021
Austria (%) 3.98 Dec 2021 quarterly Mar 2005 - Dec 2021
Azerbaijan (%) 6.09 Dec 2021 quarterly Mar 2009 - Dec 2021
Bahrain (%) 5.51 Mar 2021 quarterly Mar 2009 - Mar 2021
Bangladesh (%) 6.05 2019 yearly 1992 - 2019
Belarus (%) 3.11 Dec 2021 quarterly Mar 2006 - Dec 2021
Belgium (%) 2.46 Dec 2021 quarterly Mar 2000 - Dec 2021
Bolivia (%) 6.71 2017 yearly 2000 - 2017
Bosnia and Herzegovina (%) 2.94 2018 yearly 2007 - 2018
Botswana (%) -3.03 Dec 2020 quarterly Sep 2008 - Dec 2020
Brazil (%) 5.85 2020 yearly 1992 - 2020
Brunei (%) 1.58 2020 yearly 1992 - 2020
Bulgaria (%) 4.35 Dec 2021 quarterly Mar 2001 - Dec 2021
Cambodia (%) 5.07 2017 yearly 2008 - 2017
Canada (%) -0.91 Dec 2021 quarterly Mar 1977 - Dec 2021
Chile (%) 2.92 Dec 2021 quarterly Mar 1987 - Dec 2021
China (%) 8.70 2021 yearly 1953 - 2021
Colombia (%) 8.16 Dec 2021 quarterly Mar 2002 - Dec 2021
Croatia (%) 13.98 Sep 2021 quarterly Mar 2008 - Sep 2021
Cyprus (%) 0.55 Dec 2021 quarterly Jun 2005 - Dec 2021
Czech Republic (%) 2.85 Dec 2021 quarterly Dec 2004 - Dec 2021
Denmark (%) 2.21 Dec 2021 quarterly Mar 1991 - Dec 2021
Ecuador (%) 2.05 2020 yearly 1992 - 2020
Egypt (%) -3.80 Jun 2021 quarterly Mar 2004 - Jun 2021
Estonia (%) 6.83 Dec 2021 quarterly Mar 1996 - Dec 2021
European Union (%) 2.99 Dec 2021 quarterly Mar 2006 - Dec 2021
Finland (%) 0.68 Dec 2021 quarterly Mar 1991 - Dec 2021
France (%) -6.98 2020 yearly 1979 - 2020
Georgia (%) 12.57 2021 yearly 1997 - 2021
Germany (%) 0.84 Dec 2021 quarterly Mar 1992 - Dec 2021
Ghana (%) -0.78 2020 yearly 1992 - 2020
Greece (%) 3.65 Dec 2021 quarterly Mar 1996 - Dec 2021
Hong Kong SAR, China (%) -3.57 Mar 2022 quarterly Dec 1982 - Mar 2022
Hungary (%) 5.55 Dec 2021 quarterly Mar 1999 - Dec 2021
Iceland (%) -3.97 Dec 2021 quarterly Mar 2004 - Dec 2021
India (%) -0.80 2020 yearly 1992 - 2020
Indonesia (%) 1.64 2021 yearly 2001 - 2021
Iran (%) 10.79 2020 yearly 1992 - 2020
Ireland (%) -0.40 Dec 2021 quarterly Mar 1999 - Dec 2021
Israel (%) 0.92 Dec 2020 quarterly Mar 2013 - Dec 2020
Italy (%) 4.39 Dec 2021 quarterly Mar 1997 - Dec 2021
Ivory Coast (%) 1.03 2020 yearly 1992 - 2020
Japan (%) 0.94 Dec 2021 quarterly Mar 1995 - Dec 2021
Jordan (%) 0.44 2017 yearly 2001 - 2017
Kazakhstan (%) 4.67 Sep 2021 quarterly Mar 2002 - Sep 2021
Kenya (%) 0.57 2019 yearly 2011 - 2019
South Korea (%) -0.70 Mar 2022 quarterly Sep 1983 - Mar 2022
Kosovo (%) -4.03 Sep 2020 quarterly Mar 2017 - Sep 2020
Kuwait (%) -1.66 2020 yearly 1996 - 2020
Kyrgyzstan (%) -8.49 2020 yearly 1993 - 2020
Laos (%) 2.62 2019 yearly 1992 - 2019
Latvia (%) 5.61 Dec 2021 quarterly Mar 2003 - Dec 2021
Lebanon (%) -8.30 2019 yearly 1992 - 2019
Lithuania (%) 2.20 Dec 2021 quarterly Mar 1996 - Dec 2021
Luxembourg (%) 1.18 Dec 2021 quarterly Mar 1996 - Dec 2021
Macau SAR, China (%) -1.43 Dec 2021 quarterly Mar 2002 - Dec 2021
North Macedonia (%) 1.59 Dec 2021 quarterly Mar 2005 - Dec 2021
Malawi (%) -0.76 2020 yearly 1992 - 2020
Malaysia (%) 2.70 Mar 2022 quarterly Mar 2001 - Mar 2022
Malta (%) 4.71 Dec 2021 quarterly Dec 2001 - Dec 2021
Mauritius (%) 9.08 Dec 2021 quarterly Mar 2005 - Dec 2021
Mexico (%) -4.76 Dec 2021 quarterly Jun 1996 - Dec 2021
Moldova (%) 18.60 Dec 2021 quarterly Mar 2001 - Dec 2021
Mongolia (%) -3.99 Dec 2021 quarterly Sep 2007 - Dec 2021
Montenegro (%) -6.62 Dec 2021 quarterly Mar 2011 - Dec 2021
Morocco (%) -2.45 2020 yearly 2000 - 2020
Mozambique (%) -3.31 2020 yearly 1992 - 2020
Myanmar (%) -3.90 2020 yearly 1992 - 2020
Nepal (%) 3.56 2019 yearly 1992 - 2019
Netherlands (%) 3.01 Dec 2021 quarterly Mar 1996 - Dec 2021
New Zealand (%) -1.77 Dec 2021 quarterly Jun 1988 - Dec 2021
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 0.65 Mar 2022 quarterly Mar 1996 - Mar 2022
Oman (%) 12.26 2020 yearly 1999 - 2020
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 1.32 Dec 2021 quarterly Jun 2013 - Dec 2021
Panama (%) -0.50 2020 yearly 1992 - 2020
Paraguay (%) 1.41 Dec 2020 quarterly Mar 2018 - Dec 2020
Peru (%) 2.31 2020 yearly 2002 - 2020
Philippines (%) -3.46 2020 yearly 1992 - 2020
Poland (%) -2.66 Dec 2020 quarterly Dec 1999 - Dec 2020
Portugal (%) 3.93 Dec 2021 quarterly Mar 1996 - Dec 2021
Qatar (%) -0.98 2019 yearly 2012 - 2019
Romania (%) 12.59 Dec 2021 quarterly Mar 1996 - Dec 2021
Russia (%) 2.48 Dec 2021 quarterly Mar 1996 - Dec 2021
Saudi Arabia (%) 5.41 2021 yearly 1971 - 2021
Serbia (%) 7.15 Dec 2021 quarterly Mar 2015 - Dec 2021
Singapore (%) 5.80 Dec 2021 quarterly Mar 1986 - Dec 2021
Slovakia (%) -1.52 Dec 2021 quarterly Mar 1996 - Dec 2021
Slovenia (%) 7.55 Dec 2021 quarterly Mar 1996 - Dec 2021
South Africa (%) 5.03 Dec 2021 quarterly Mar 2009 - Dec 2021
Spain (%) 2.07 Dec 2021 quarterly Mar 1996 - Dec 2021
Sri Lanka (%) 0.31 Dec 2021 quarterly Jun 2013 - Dec 2021
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 5.16 Dec 2021 quarterly Mar 1994 - Dec 2021
Switzerland (%) 3.41 Dec 2021 quarterly Mar 2011 - Dec 2021

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Ecuador Key Series

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Includes 188 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 (%) -1.5 Dec 2021 quarterly Dec 2000 - Dec 2021
Consolidated Fiscal Balance (USD mn) -1,957.291 Dec 2021 quarterly Mar 2000 - Dec 2021
Tax Revenue (USD mn) 3,349.639 Sep 2021 quarterly Mar 2000 - Sep 2021
Tax Revenue: % of GDP (%) 12.3 Dec 2021 quarterly Mar 2000 - Dec 2021
National Government Debt (USD mn) 62,859.4 Jun 2021 quarterly Dec 2005 - Jun 2021
Government Debt: % of GDP (%) 61.9 Jun 2021 quarterly Dec 2005 - Jun 2021
Forecast: Government Expenditure (USD bn) 37.689 2021 yearly 1995 - 2021
Forecast: Government Net Debt (USD bn) 66.075 2021 yearly 2001 - 2021
Forecast: Government Revenue (USD bn) 36.121 2021 yearly 1995 - 2021
Central Government: Finance (USD mn) -121.004 Mar 2022 monthly Jan 2006 - Mar 2022
Central Government: Revenue (USD mn) 1,722.310 Mar 2022 monthly Jan 2006 - Mar 2022
Central Government: Balance (USD mn) 121.004 Mar 2022 monthly Jan 2006 - Mar 2022
Central Government: Expenditure excl Amortization (USD mn) 1,601.306 Mar 2022 monthly Jan 2006 - Mar 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.913 2027 yearly 1980 - 2027
Trade Balance (USD mn) 493.4 Feb 2022 monthly Jan 1965 - Feb 2022
Total Exports (USD mn) 2,666.9 Feb 2022 monthly Jan 1965 - Feb 2022
Total Exports Growth (%) 36.5 Feb 2022 monthly Jan 1966 - Feb 2022
Aluminum: Exports (USD th) 32,102.184 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 38,075.410 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 3,640.723 2020 yearly 1995 - 2020
Total Imports (USD mn) 2,388.0 Feb 2022 monthly Jan 1957 - Feb 2022
Total Imports Growth (%) 41.6 Mar 2022 monthly Jan 1958 - Mar 2022
Imports: Medicament (USD th) 624,660.032 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 233,794.696 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 372.892 Dec 2020 monthly Jan 2007 - Dec 2020
Total Imports from USA (USD mn) 301.357 Feb 2021 monthly Jan 1973 - Feb 2021
Total Exports to China (USD mn) 170.427 Mar 2021 monthly Jan 2010 - Mar 2021
Total Imports from China (USD mn) 331.860 Mar 2021 monthly May 1992 - Mar 2021
EC: Imports: cif: Emerging and Developing Economies: Emerging and Developing Asi... (USD mn) 837.669 Jan 2022 monthly Dec 1963 - Jan 2022
Terms of Trade Index: 2007=100 (2007=100) 110.137 Mar 2022 monthly Jan 2014 - Mar 2022
Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) 296,313.016 Mar 2022 monthly Jan 2005 - Mar 2022
Exports: FOB: Petroleum: Crude Petroleum (USD th) 1,070,671.298 Mar 2022 monthly Jan 2005 - Mar 2022
Exports: FOB: America: United States (USD mn) 660.542 Mar 2022 monthly Jan 2007 - Mar 2022
Exports: FOB: America: ALADI: Panama (USD mn) 488.427 Mar 2022 monthly Jan 2012 - Mar 2022
Exports: FOB: Asia: People's Republic of China (USD mn) 460.674 Mar 2022 monthly Jan 2007 - Mar 2022
Imports: CIF: Fuels And Lubricants (USD th) 607,624.544 Mar 2022 monthly Jan 2005 - Mar 2022
Imports: CIF: Consumer Goods: Non Durable (USD th) 320,869.365 Mar 2022 monthly Jan 2005 - Mar 2022
Imports: CIF: America: ALADI: Panama (USD mn) 416.793 Mar 2022 monthly Mar 2019 - Mar 2022
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) 726.9 Dec 2021 quarterly Mar 1993 - Dec 2021
Current Account Balance: % of GDP (%) 2.6 Dec 2021 quarterly Mar 1993 - Dec 2021
Foreign Direct Investment (USD mn) 91.5 Dec 2021 quarterly Mar 1993 - Dec 2021
Foreign Direct Investment: % of GDP (%) 0.3 Dec 2021 quarterly Mar 1993 - Dec 2021
Foreign Portfolio Investment (USD mn) -67.279 Dec 2021 quarterly Mar 1999 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) -0.2 Dec 2021 quarterly Mar 1999 - Dec 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 0.6 Dec 2021 quarterly Mar 1999 - Dec 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 18.750 Dec 2020 quarterly Mar 1999 - Dec 2020
External Debt (USD mn) 57,081.9 Feb 2022 monthly Jan 1994 - Feb 2022
External Debt: % of GDP (%) 54.2 2021 yearly 1970 - 2021
External Debt: Short Term (USD mn) 633.8 Dec 2020 quarterly Mar 2004 - Dec 2020
External Debt: Short Term: % of GDP (%) 0.9 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) 2.865 2027 yearly 1980 - 2027
Net International Investment Position (USD) -25,327,332,835.677 Dec 2021 quarterly Mar 2016 - Dec 2021
BoP: CA: Goods & Services: Services (USD mn) -632.026 Dec 2021 quarterly Mar 2016 - Dec 2021
BoP: CA: Goods & Services: Goods (USD mn) 654.855 Dec 2021 quarterly Mar 2016 - Dec 2021
External Debt: Private (USD mn) 10,794.319 Mar 2022 monthly Jan 1994 - Mar 2022
External Debt: Public (USD mn) 46,477.174 Mar 2022 monthly Jan 1994 - Mar 2022
Gross External Debt: Long Term (USD mn) 56,508.041 Dec 2021 quarterly Mar 2004 - Dec 2021
Gross External Debt (USD mn) 58,325.178 Dec 2021 quarterly Mar 2004 - Dec 2021
Foreign Direct Investment: BPM6 (USD th) 91,535.766 Dec 2021 quarterly Mar 2016 - Dec 2021
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 (%) 4.0 Mar 2022 monthly Jan 2006 - Mar 2022
Household Debt: % of GDP (%) 14.2 Dec 2021 quarterly Dec 2006 - Dec 2021
Non-Performing Loans (USD mn) 2,110.656 Mar 2022 monthly Jan 2006 - Mar 2022
Money Supply M1 (USD mn) 29,554.671 Feb 2022 monthly Dec 2006 - Feb 2022
Money Supply M2 (USD mn) 71,033.330 Mar 2022 monthly Dec 2006 - Mar 2022
M2 Growth (%) 11.1 Mar 2022 monthly Dec 2007 - Mar 2022
Reserve Requirement Ratio (%) 2.0 Apr 2022 monthly Dec 2009 - Apr 2022
Foreign Exchange Reserves (USD mn) 6,290.2 Apr 2022 monthly Dec 1956 - Apr 2022
Foreign Exchange Reserves: % of GDP (%) 5.672 Dec 2021 quarterly Dec 2000 - Dec 2021
Foreign Exchange Reserves: Months of Import (NA) 2.4 Mar 2022 monthly Jan 2005 - Mar 2022
Gold Reserves (USD mn) 2,075.838 Apr 2022 monthly Dec 1956 - Apr 2022
Total Deposits (USD mn) 52,588.960 Mar 2022 monthly Jan 2006 - Mar 2022
Total Deposits Growth (%) 13.4 Mar 2021 monthly Jan 2007 - Mar 2021
Domestic Credit (USD mn) 58,065.9 Mar 2022 monthly Jan 2006 - Mar 2022
Domestic Credit Growth (%) 18.7 Mar 2022 monthly Jan 2007 - Mar 2022
Household Debt (USD mn) 15,551.4 Apr 2022 monthly Oct 2006 - Apr 2022
Total Loans (USD mn) 43,881.380 Mar 2021 monthly Jan 2006 - Mar 2021
Total Loans Growth (%) 4.67 Apr 2021 monthly Jan 2007 - Apr 2021
Private Debt: % of Nominal GDP (%) 48.84 Dec 2021 quarterly Mar 2004 - Dec 2021
International Reserve: Net Currency Position (USD mn) 6,290.170 Apr 2022 monthly Jan 2004 - Apr 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) 7.4 Mar 2022 monthly May 2008 - Mar 2022
Business Confidence Index: Construction (May2007=100) 439.800 Mar 2022 monthly May 2007 - Mar 2022
Business Confidence Index: Industry (May2007=100) 2,571.400 Mar 2022 monthly May 2007 - Mar 2022
Business Confidence Index: Global (May2007=100) 1,570.600 Mar 2022 monthly May 2007 - Mar 2022
Business Confidence Index: Commerce (May2007=100) 2,064.000 Mar 2022 monthly May 2007 - Mar 2022
Business Confidence Index: Services (May2007=100) 1,282.400 Mar 2022 monthly May 2007 - Mar 2022

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