Ecuador Labour Productivity Growth
1992 - 2024 | Yearly | % | CEIC Data
Key information about Ecuador Labour Productivity Growth
- Ecuador Labour Productivity dropped by 2.72 % YoY in Dec 2024, compared with a growth of 1.76 % in the previous year
- Ecuador Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2024, averaging at 5.27 %
- The data reached an all-time high of 6.94 % in Dec 2011 and a record low of -8.05 % in Dec 2020
CEIC calculates annual Labour Productivity Growth from quarterly Real GDP Volume Index and quarterly Employment. Central Bank of Ecuador provides Real GDP Volume Index with base 2018=100. National Institute of Statistics and Census provides Employment data. Labour Productivity Growth prior to 2015 is based on World Bank's GDP per person employed, 2021 PPP
View Ecuador's Labour Productivity Growth from 1992 to 2024 in the chart:
What was Ecuador's Labour Productivity Growth in 2024?
Ecuador Labour Productivity dropped by 2.72 % YoY in Dec 2024, compared with a growth of 1.76 % in the previous year See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -2.72 2024 | 1.76 2023 | -8.05 2020 | 6.94 2011 | % | yearly | 1992 - 2024 |
Labour Productivity Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.47 Jun 2025 | quarterly | Jun 1997 - Jun 2025 |
| Algeria (%) | 2.05 2024 | yearly | 1992 - 2024 |
| Argentina (%) | 2.32 2024 | yearly | 1992 - 2024 |
| Armenia (%) | 6.51 Jun 2025 | quarterly | Mar 2009 - Jun 2025 |
| Australia (%) | 0.46 Sep 2025 | quarterly | Jun 1979 - Sep 2025 |
| Austria (%) | 0.05 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Azerbaijan (%) | 1.14 Jun 2025 | quarterly | Mar 2009 - Jun 2025 |
| Bahrain (%) | -3.79 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 2.42 2024 | yearly | 1992 - 2024 |
| Belarus (%) | 1.29 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Belgium (%) | -1.01 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Bolivia (%) | -2.79 2024 | yearly | 2000 - 2024 |
| Bosnia and Herzegovina (%) | -0.28 2024 | yearly | 2007 - 2024 |
| Botswana (%) | 7.48 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | 0.55 2024 | yearly | 1992 - 2024 |
| Brunei (%) | 1.26 2024 | yearly | 1992 - 2024 |
| Bulgaria (%) | -0.21 Jun 2025 | quarterly | Mar 2001 - Jun 2025 |
| Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
| Canada (%) | 1.27 Sep 2025 | quarterly | Mar 1977 - Sep 2025 |
| Chile (%) | 0.40 Sep 2025 | quarterly | Mar 1987 - Sep 2025 |
| China (%) | 5.84 2024 | yearly | 1953 - 2024 |
| Colombia (%) | 0.86 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Croatia (%) | 3.26 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Cyprus (%) | 0.51 Sep 2025 | quarterly | Jun 2005 - Sep 2025 |
| Czech Republic (%) | 1.52 Sep 2025 | quarterly | Mar 1997 - Sep 2025 |
| Denmark (%) | 2.54 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Ecuador (%) | -2.72 2024 | yearly | 1992 - 2024 |
| Egypt (%) | -2.73 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Estonia (%) | -0.18 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| European Union (%) | 0.64 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Finland (%) | 0.76 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| France (%) | 0.44 2024 | yearly | 1979 - 2024 |
| Georgia (%) | 4.37 2024 | yearly | 1997 - 2024 |
| Germany (%) | 0.35 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Ghana (%) | 3.70 2024 | yearly | 1992 - 2024 |
| Greece (%) | 1.20 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Hong Kong SAR, China (%) | 4.31 Sep 2025 | quarterly | Dec 1982 - Sep 2025 |
| Hungary (%) | 1.23 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Iceland (%) | -0.13 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| India (%) | 3.39 2023 | yearly | 1992 - 2023 |
| Indonesia (%) | 1.55 2024 | yearly | 2001 - 2024 |
| Iran (%) | 2.38 2024 | yearly | 1992 - 2024 |
| Ireland (%) | 9.27 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Israel (%) | 2.61 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| Italy (%) | 0.03 Sep 2025 | quarterly | Mar 1997 - Sep 2025 |
| Ivory Coast (%) | 2.78 2024 | yearly | 1992 - 2024 |
| Japan (%) | 0.47 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Jordan (%) | 2.45 2023 | yearly | 2001 - 2023 |
| Kazakhstan (%) | 6.30 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Kenya (%) | 1.38 2024 | yearly | 2011 - 2024 |
| South Korea (%) | 1.07 Sep 2025 | quarterly | Sep 1983 - Sep 2025 |
| Kosovo (%) | 10.87 Dec 2024 | quarterly | Mar 2017 - Dec 2024 |
| Kuwait (%) | -4.93 2024 | yearly | 1992 - 2024 |
| Kyrgyzstan (%) | 5.93 2023 | yearly | 1993 - 2023 |
| Laos (%) | 2.17 2024 | yearly | 1992 - 2024 |
| Latvia (%) | 1.09 Sep 2025 | quarterly | Mar 2003 - Sep 2025 |
| Lebanon (%) | -1.95 2023 | yearly | 1992 - 2023 |
| Lithuania (%) | 2.40 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Luxembourg (%) | -1.06 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Macau SAR, China (%) | 9.10 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| North Macedonia (%) | 1.95 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Malawi (%) | -1.32 2024 | yearly | 1992 - 2024 |
| Malaysia (%) | 1.99 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Malta (%) | -1.67 Jun 2025 | quarterly | Dec 2001 - Jun 2025 |
| Mauritius (%) | 6.26 Mar 2025 | quarterly | Mar 2005 - Mar 2025 |
| Mexico (%) | -0.13 Sep 2025 | quarterly | Jun 1996 - Sep 2025 |
| Moldova (%) | 10.49 Jun 2025 | quarterly | Mar 2001 - Jun 2025 |
| Mongolia (%) | 3.94 Sep 2025 | quarterly | Sep 2007 - Sep 2025 |
| Montenegro (%) | 5.12 Jun 2025 | quarterly | Mar 2009 - Jun 2025 |
| Morocco (%) | 3.00 2024 | yearly | 2000 - 2024 |
| Mozambique (%) | -1.48 2024 | yearly | 1992 - 2024 |
| Myanmar (%) | -43.15 2022 | yearly | 1992 - 2022 |
| Nepal (%) | 3.63 2024 | yearly | 1992 - 2024 |
| Netherlands (%) | 1.30 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| New Zealand (%) | 1.23 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | 1.45 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Oman (%) | 2.12 2024 | yearly | 1999 - 2024 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | 0.72 Jun 2025 | quarterly | Dec 2009 - Jun 2025 |
| Panama (%) | 1.18 2024 | yearly | 1992 - 2024 |
| Paraguay (%) | 1.45 Jun 2025 | quarterly | Mar 2018 - Jun 2025 |
| Peru (%) | 0.56 2023 | yearly | 2002 - 2023 |
| Philippines (%) | 4.32 2024 | yearly | 1992 - 2024 |
| Poland (%) | 3.15 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Portugal (%) | -0.48 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Qatar (%) | -2.08 2024 | yearly | 2012 - 2024 |
| Romania (%) | 7.19 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Russia (%) | 0.74 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Saudi Arabia (%) | -7.72 2024 | yearly | 1971 - 2024 |
| Serbia (%) | 3.71 Sep 2025 | quarterly | Mar 2015 - Sep 2025 |
| Singapore (%) | 2.70 Sep 2025 | quarterly | Mar 1986 - Sep 2025 |
| Slovakia (%) | 0.94 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Slovenia (%) | 2.16 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| South Africa (%) | 1.40 Sep 2025 | quarterly | Mar 2009 - Sep 2025 |
| Spain (%) | 0.06 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Sri Lanka (%) | 2.51 Jun 2025 | quarterly | Jun 2013 - Jun 2025 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | 2.35 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Switzerland (%) | 0.19 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
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Learn more about what we doEcuador Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.8 Jun 2025 | quarterly | Dec 2000 - Jun 2025 |
| Consolidated Fiscal Balance (USD mn) | 111.004 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Tax Revenue (USD mn) | 4,537.709 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Tax Revenue: % of GDP (%) | 13.8 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| National Government Debt (USD mn) | 85,105.4 Sep 2025 | quarterly | Dec 2005 - Sep 2025 |
| Government Debt: % of GDP (%) | 65.5 Jun 2025 | quarterly | Dec 2005 - Jun 2025 |
| Forecast: Government Expenditure (USD bn) | 47.467 2024 | yearly | 1995 - 2024 |
| Forecast: Government Net Debt (USD bn) | 67.019 2024 | yearly | 2001 - 2024 |
| Forecast: Government Revenue (USD bn) | 45.876 2024 | yearly | 1995 - 2024 |
| Central Government: Balance (USD mn) | -532.850 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Central Government: Finance (USD mn) | 532.850 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Central Government: Expenditure excl Amortization (USD mn) | 2,286.080 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Central Government: Revenue (USD mn) | 1,753.230 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.962 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 185.6 Sep 2025 | monthly | Mar 1992 - Sep 2025 |
| Total Exports (USD mn) | 2,930.4 Sep 2025 | monthly | Jan 1965 - Sep 2025 |
| Total Exports Growth (%) | 6.2 Sep 2025 | monthly | Jan 1966 - Sep 2025 |
| Aluminum: Exports (USD th) | 70,731.099 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 27,418.661 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 4,609.277 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 2,825.9 Sep 2025 | monthly | Jan 1957 - Sep 2025 |
| Total Imports Growth (%) | 17.2 Sep 2025 | monthly | Jan 1958 - Sep 2025 |
| Imports: Medicament (USD th) | 902,307.523 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 336,729.745 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 537.371 Sep 2025 | monthly | Jan 2007 - Sep 2025 |
| Total Imports from USA (USD mn) | 764.778 Sep 2025 | monthly | Jan 1973 - Sep 2025 |
| Total Exports to China (USD mn) | 430.540 Sep 2025 | monthly | Jan 2007 - Sep 2025 |
| Total Imports from China (USD mn) | 794.803 Sep 2025 | monthly | May 1992 - Sep 2025 |
| Terms of Trade Index: 2007=100 (2007=100) | 99.534 Jan 2025 | monthly | Jan 2014 - Jan 2025 |
| BCE Forecast: Trade Balance: 2018=100 (USD mn) | 3,097.200 2025 | yearly | 2024 - 2025 |
| BCE Forecast: Exports: fob: 2018=100 (USD th) | 31,848,323.000 2025 | yearly | 2024 - 2025 |
| BCE Forecast: Imports: fob: 2018=100 (USD th) | 28,751,123.000 2025 | yearly | 2024 - 2025 |
| Imports: CIF: Asia: People's Republic of China (USD mn) | 324.160 Jan 2020 | monthly | Jan 2010 - Jan 2020 |
| Export Value Index (2015=100) | 145.654 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 119.376 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | 2,686.2 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Current Account Balance: % of GDP (%) | 8.1 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Foreign Direct Investment (USD mn) | 77.6 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Foreign Direct Investment: % of GDP (%) | 0.2 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Foreign Portfolio Investment (USD mn) | 3.617 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 0.0 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.1 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 3.469 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| External Debt (USD mn) | 58,111.3 Sep 2025 | monthly | Jan 1994 - Sep 2025 |
| External Debt: % of GDP (%) | 47.8 2024 | yearly | 1970 - 2024 |
| External Debt: Short Term (USD mn) | 139.7 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| External Debt: Short Term: % of GDP (%) | 0.2 2024 | yearly | 1970 - 2024 |
| Forecast: Current Account Balance (USD bn) | 3.788 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD) | -11,374,979,000.538 Jun 2025 | quarterly | Mar 2016 - Jun 2025 |
| BoP: CA: Goods & Services: Services (USD mn) | -688.520 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| BoP: CA: Goods & Services: Goods (USD mn) | 1,405.024 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| Gross External Debt: Long Term (USD mn) | 59,522.334 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Gross External Debt (USD mn) | 61,229.061 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| External Debt: Private (USD mn) | 8,261.485 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| External Debt: Public (USD mn) | 49,322.219 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Foreign Direct Investment: BPM6 (USD th) | 73,581.424 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| 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 |
| 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 (%) | 5.3 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Household Debt: % of GDP (%) | 17.4 Jun 2025 | quarterly | Mar 2003 - Jun 2025 |
| Non-Performing Loans (USD mn) | 3,828.526 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Money Supply M1 (USD mn) | 32,981.522 Sep 2025 | monthly | Dec 2006 - Sep 2025 |
| Money Supply M2 (USD mn) | 96,558.324 Sep 2025 | monthly | Dec 2006 - Sep 2025 |
| M2 Growth (%) | 14.1 Sep 2025 | monthly | Dec 2007 - Sep 2025 |
| Reserve Requirement Ratio (%) | 2.0 Aug 2022 | monthly | Dec 2009 - Aug 2022 |
| Foreign Exchange Reserves (USD mn) | 6,097.8 Nov 2025 | monthly | Dec 1956 - Nov 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 4.342 Jun 2025 | quarterly | Dec 2000 - Jun 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 Sep 2025 | monthly | Jan 2005 - Sep 2025 |
| Gold Reserves (USD mn) | 3,541.281 Nov 2025 | monthly | Dec 1956 - Nov 2025 |
| Total Deposits (USD mn) | 76,119.502 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Total Deposits Growth (%) | 15.5 Oct 2025 | monthly | Jan 2007 - Oct 2025 |
| Domestic Credit (USD mn) | 81,642.9 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Domestic Credit Growth (%) | 12.2 Oct 2025 | monthly | Jan 2007 - Oct 2025 |
| Household Debt (USD mn) | 23,259.2 Oct 2025 | monthly | Jan 2003 - Oct 2025 |
| Total Loans (USD mn) | 72,302.035 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Total Loans Growth (%) | 10.98 Oct 2025 | monthly | Jan 2007 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 55.23 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| International Reserve: Net Currency Position (USD mn) | 6,097.800 Nov 2025 | monthly | Jan 2004 - Nov 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 9.4 Oct 2025 | monthly | Feb 2011 - Oct 2025 |
More Indicators for Ecuador
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