Ecuador Motor Vehicles Sales Growth
2006 - 2024 | Yearly | % | CEIC Data
Key information about Ecuador Motor Vehicles Sales Growth
- Ecuador Motor Vehicles Sales dropped 24.4 % in Dec 2024, compared with a decrease of 1.6 % in the previous year.
- Ecuador Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2024, with an average growth rate of -32.3 %.
- The data reached an all-time high of 56.3 % in Dec 2017 and a record low of -34.4 % in Dec 2020.
- Car Sales of Ecuador recorded 93,812.0 units in Dec 2024.
CEIC calculates annual Motor Vehicles Sales Growth from annual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides Motor Vehicles Sales.
View Ecuador's Motor Vehicles Sales Growth from 2006 to 2024 in the chart:
What was Ecuador's Motor Vehicles Sales Growth in 2024?
Ecuador Motor Vehicles Sales dropped 24.4 % in Dec 2024, compared with a decrease of 1.6 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -24.4 2024 | -1.6 2023 | -34.4 2020 | 56.3 2017 | % | yearly | 2006 - 2024 |
Motor Vehicles Sales Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 38.9 2019 | yearly | 2006 - 2019 |
| Algeria (%) | -1.8 2019 | yearly | 2006 - 2019 |
| Argentina (%) | -31.6 Apr 2026 | monthly | Jan 1997 - Apr 2026 |
| Armenia (%) | -32.8 2019 | yearly | 2006 - 2019 |
| Australia (%) | 2.2 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Austria (%) | 6.0 2024 | yearly | 2006 - 2024 |
| Azerbaijan (%) | 67.5 2019 | yearly | 2006 - 2019 |
| Bahrain (%) | -16.0 2019 | yearly | 2006 - 2019 |
| Bangladesh (%) | 5.4 2019 | yearly | 2006 - 2019 |
| Belarus (%) | 20.9 2019 | yearly | 2006 - 2019 |
| Belgium (%) | -5.6 2024 | yearly | 2006 - 2024 |
| Bolivia (%) | -12.1 2019 | yearly | 2006 - 2019 |
| Bosnia and Herzegovina (%) | -52.5 2019 | yearly | 2006 - 2019 |
| Botswana (%) | -87.1 2019 | yearly | 2006 - 2019 |
| Brazil (%) | 19.0 Apr 2026 | monthly | Jan 2003 - Apr 2026 |
| Brunei (%) | 20.1 Nov 2020 | monthly | Jan 2011 - Nov 2020 |
| Bulgaria (%) | 17.2 2024 | yearly | 2006 - 2024 |
| Cambodia (%) | 12.6 2019 | yearly | 2006 - 2019 |
| Canada (%) | -6.6 Mar 2026 | monthly | Jan 1947 - Mar 2026 |
| Chile (%) | 4.5 Apr 2026 | monthly | Jan 2015 - Apr 2026 |
| China (%) | -2.5 Apr 2026 | monthly | Jan 2001 - Apr 2026 |
| Colombia (%) | 49.7 Mar 2026 | monthly | Jan 2004 - Mar 2026 |
| Croatia (%) | 12.5 2024 | yearly | 2006 - 2024 |
| Cyprus (%) | -3.9 2019 | yearly | 2006 - 2019 |
| Czech Republic (%) | 10.2 Dec 2020 | monthly | Jan 2012 - Dec 2020 |
| Denmark (%) | 1.3 2024 | yearly | 2006 - 2024 |
| Ecuador (%) | -24.4 2024 | yearly | 2006 - 2024 |
| Egypt (%) | 12.6 2024 | yearly | 2006 - 2024 |
| Estonia (%) | 18.6 2019 | yearly | 2006 - 2019 |
| Finland (%) | -14.5 2024 | yearly | 2006 - 2024 |
| France (%) | -2.4 2024 | yearly | 2006 - 2024 |
| Georgia (%) | -3.4 2019 | yearly | 2006 - 2019 |
| Germany (%) | -0.4 2024 | yearly | 2006 - 2024 |
| Ghana (%) | -19.4 2019 | yearly | 2006 - 2019 |
| Greece (%) | 2.2 2024 | yearly | 2006 - 2024 |
| Hong Kong SAR, China (%) | -12.8 2019 | yearly | 2006 - 2019 |
| Hungary (%) | 12.1 2024 | yearly | 2006 - 2024 |
| Iceland (%) | -34.2 2019 | yearly | 2006 - 2019 |
| India (%) | 2.8 Mar 2022 | monthly | May 2002 - Mar 2022 |
| Indonesia (%) | 55.0 Apr 2026 | monthly | Jan 1990 - Apr 2026 |
| Iran (%) | -31.7 2019 | yearly | 2006 - 2019 |
| Ireland (%) | 0.8 2024 | yearly | 2006 - 2024 |
| Israel (%) | -0.3 2024 | yearly | 2006 - 2024 |
| Italy (%) | -2.6 2025 | yearly | 2006 - 2025 |
| Ivory Coast (%) | 15.8 2019 | yearly | 2006 - 2019 |
| Japan (%) | 9.1 Apr 2026 | monthly | Jan 1992 - Apr 2026 |
| Jordan (%) | 3.6 2019 | yearly | 2006 - 2019 |
| Kazakhstan (%) | 0.7 2024 | yearly | 2006 - 2024 |
| Kenya (%) | -23.9 2019 | yearly | 2006 - 2019 |
| South Korea (%) | 0.7 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Kuwait (%) | -0.9 2024 | yearly | 2006 - 2024 |
| Kyrgyzstan (%) | -35.8 2019 | yearly | 2006 - 2019 |
| Laos (%) | 16.8 2019 | yearly | 2006 - 2019 |
| Latvia (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Lebanon (%) | -33.8 2019 | yearly | 2006 - 2019 |
| Lithuania (%) | 30.7 2019 | yearly | 2006 - 2019 |
| Luxembourg (%) | 4.4 2019 | yearly | 2006 - 2019 |
| North Macedonia (%) | 5.9 2019 | yearly | 2006 - 2019 |
| Malawi (%) | 1.6 2019 | yearly | 2006 - 2019 |
| Malaysia (%) | -13.0 Mar 2026 | monthly | Jul 1995 - Mar 2026 |
| Malta (%) | -6.1 2019 | yearly | 2006 - 2019 |
| Mauritius (%) | 3.0 2019 | yearly | 2006 - 2019 |
| Mexico (%) | 7.5 Apr 2026 | monthly | Jan 1996 - Apr 2026 |
| Moldova (%) | 7.7 2019 | yearly | 2006 - 2019 |
| Mongolia (%) | -41.0 2019 | yearly | 2006 - 2019 |
| Morocco (%) | 9.2 2024 | yearly | 2006 - 2024 |
| Myanmar (%) | 43.8 2019 | yearly | 2006 - 2019 |
| Nepal (%) | 3.5 2019 | yearly | 2006 - 2019 |
| Netherlands (%) | 16.5 2024 | yearly | 2006 - 2024 |
| New Zealand (%) | 6.9 2025 | yearly | 1976 - 2025 |
| Nigeria (%) | -42.4 2019 | yearly | 2006 - 2019 |
| Norway (%) | 0.1 2024 | yearly | 2006 - 2024 |
| Oman (%) | -0.2 2019 | yearly | 2006 - 2019 |
| Pakistan (%) | 105.3 Apr 2026 | monthly | Jul 2006 - Apr 2026 |
| Palestinian Territory (%) | -25.3 2019 | yearly | 2006 - 2019 |
| Panama (%) | 42.5 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Paraguay (%) | -15.0 2019 | yearly | 2006 - 2019 |
| Peru (%) | -11.1 2024 | yearly | 2006 - 2024 |
| Philippines (%) | -10.4 Mar 2026 | monthly | Jan 1997 - Mar 2026 |
| Poland (%) | 12.5 2024 | yearly | 2006 - 2024 |
| Portugal (%) | 9.1 Mar 2026 | monthly | Jan 2001 - Mar 2026 |
| Qatar (%) | 0.1 2019 | yearly | 2006 - 2019 |
| Romania (%) | 6.1 2024 | yearly | 2006 - 2024 |
| Russia (%) | 14.1 Apr 2026 | monthly | Jan 2009 - Apr 2026 |
| Saudi Arabia (%) | 6.1 2024 | yearly | 2006 - 2024 |
| Serbia (%) | 4.5 2019 | yearly | 2006 - 2019 |
| Singapore (%) | 14.9 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
| Slovakia (%) | 4.2 2024 | yearly | 2006 - 2024 |
| Slovenia (%) | -14.9 2022 | yearly | 2006 - 2022 |
| South Africa (%) | 13.0 Apr 2026 | monthly | Jan 2004 - Apr 2026 |
| Spain (%) | 8.1 2024 | yearly | 2006 - 2024 |
| Sri Lanka (%) | -27.0 2019 | yearly | 2006 - 2019 |
| Sudan (%) | -13.8 2019 | yearly | 2006 - 2019 |
| Sweden (%) | -8.0 2024 | yearly | 2006 - 2024 |
| Switzerland (%) | -4.2 2024 | yearly | 2006 - 2024 |
| Syria (%) | 62.8 2019 | yearly | 2006 - 2019 |
| Taiwan, China (%) | 4.9 Apr 2026 | monthly | Jan 1998 - Apr 2026 |
| Tajikistan (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Thailand (%) | 7.3 Mar 2026 | monthly | Dec 1992 - Mar 2026 |
| Tunisia (%) | -5.3 2019 | yearly | 2006 - 2019 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doEcuador Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.9 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -3,077.413 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Tax Revenue (USD mn) | 4,222.409 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Tax Revenue: % of GDP (%) | 12.1 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| National Government Debt (USD mn) | 87,478.1 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Government Debt: % of GDP (%) | 67.1 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Forecast: Government Expenditure (USD bn) | 50.025 2025 | yearly | 1995 - 2025 |
| Forecast: Government Net Debt (USD bn) | 70.915 2025 | yearly | 2001 - 2025 |
| Forecast: Government Revenue (USD bn) | 46.270 2025 | yearly | 1995 - 2025 |
| Central Government: Finance (USD mn) | 324.760 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Central Government: Balance (USD mn) | -324.760 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Central Government: Expenditure excl Amortization (USD mn) | 2,733.763 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Central Government: Revenue (USD mn) | 2,409.003 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.962 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 533.6 Mar 2026 | monthly | Mar 1992 - Mar 2026 |
| Total Exports (USD mn) | 2,930.4 Sep 2025 | monthly | Jan 1965 - Sep 2025 |
| Total Exports Growth (%) | 12.2 Mar 2026 | monthly | Jan 1966 - Mar 2026 |
| 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) | 3,178.4 Mar 2026 | monthly | Jan 1957 - Mar 2026 |
| Total Imports Growth (%) | 34.8 Mar 2026 | monthly | Jan 1958 - Mar 2026 |
| 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) | 638.300 Mar 2026 | monthly | Jan 2007 - Mar 2026 |
| Total Imports from USA (USD mn) | 1,126.209 Mar 2026 | monthly | Jan 1973 - Mar 2026 |
| Total Exports to China (USD mn) | 648.681 Mar 2026 | monthly | Jan 2007 - Mar 2026 |
| Total Imports from China (USD mn) | 797.289 Mar 2026 | monthly | May 1992 - Mar 2026 |
| Exports: FOB: America: United States (USD mn) | 638.300 Mar 2026 | monthly | Jan 2007 - Mar 2026 |
| Exports: FOB: America: ALADI: Panama (USD mn) | 706.400 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| Exports: FOB: Asia: People's Republic of China (USD mn) | 648.681 Mar 2026 | monthly | Jan 2007 - Mar 2026 |
| Exports: FOB: Petroleum: Crude Petroleum (USD th) | 881,252.290 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) | 446,177.666 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| BCE Forecast: Exports: fob: 2018=100 (USD th) | 32,726,118.000 2026 | yearly | 2024 - 2026 |
| Imports: CIF: America: ALADI: Panama (USD mn) | 9.907 Mar 2026 | monthly | Mar 2019 - Mar 2026 |
| Imports: CIF: Capital Goods: Industrial (USD th) | 425,252.133 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Imports: CIF: Consumer Goods: Non Durable (USD th) | 319,117.879 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Imports: CIF: Raw Materials: Industrial (USD th) | 687,467.949 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Imports: CIF: Fuels And Lubricants (USD th) | 889,268.382 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| BCE Forecast: Imports: fob: 2018=100 (USD th) | 32,732,339.000 2026 | yearly | 2024 - 2026 |
| Terms of Trade Index: 2007=100 (2007=100) | 101.551 Mar 2026 | monthly | Jan 2014 - Mar 2026 |
| BCE Forecast: Trade Balance: 2018=100 (USD mn) | -6.221 2026 | yearly | 2024 - 2026 |
| Imports: CIF: Asia: People's Republic of China (USD mn) | 324.160 Jan 2020 | monthly | Jan 2010 - Jan 2020 |
| Export Value Index (2015=100) | 169.800 2023 | yearly | 1980 - 2023 |
| Import Value Index (2015=100) | 143.600 2023 | yearly | 1980 - 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | 1,979.6 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Current Account Balance: % of GDP (%) | 5.7 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Foreign Direct Investment (USD mn) | 407.3 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Foreign Direct Investment: % of GDP (%) | 1.2 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Foreign Portfolio Investment (USD mn) | 29.355 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 0.1 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.7 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 28.665 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| External Debt (USD mn) | 64,957.0 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| External Debt: % of GDP (%) | 49.6 2025 | yearly | 1970 - 2025 |
| External Debt: Short Term (USD mn) | 234.7 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| External Debt: Short Term: % of GDP (%) | 0.2 2025 | yearly | 1970 - 2025 |
| Forecast: Current Account Balance (USD bn) | 5.268 2031 | yearly | 1980 - 2031 |
| Net International Investment Position (USD) | -13,242,753,660.971 Dec 2025 | quarterly | Mar 2016 - Dec 2025 |
| Gross External Debt (USD mn) | 63,839.586 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Gross External Debt: Long Term (USD mn) | 62,915.436 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| BoP: CA: Goods & Services: Services (USD mn) | -630.353 Dec 2025 | quarterly | Mar 2016 - Dec 2025 |
| BoP: CA: Goods & Services: Goods (USD mn) | 1,575.322 Dec 2025 | quarterly | Mar 2016 - Dec 2025 |
| External Debt: Private (USD mn) | 13,045.062 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| External Debt: Public (USD mn) | 51,911.916 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Foreign Direct Investment: BPM6 (USD th) | 407,278.138 Dec 2025 | quarterly | Mar 2016 - Dec 2025 |
| 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 (%) | 5.1 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Household Debt: % of GDP (%) | 35.4 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Non-Performing Loans (USD mn) | 3,781.226 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Money Supply M1 (USD mn) | 34,405.168 Mar 2026 | monthly | Dec 2006 - Mar 2026 |
| Money Supply M2 (USD mn) | 101,361.818 Mar 2026 | monthly | Dec 2006 - Mar 2026 |
| M2 Growth (%) | 11.9 Mar 2026 | monthly | Dec 2007 - Mar 2026 |
| Reserve Requirement Ratio (%) | 2.0 Aug 2022 | monthly | Dec 2009 - Aug 2022 |
| Foreign Exchange Reserves (USD mn) | 7,509.9 Apr 2026 | monthly | Dec 1956 - Apr 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 4.648 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.1 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Gold Reserves (USD mn) | 3,821.006 Apr 2026 | monthly | Dec 1956 - Apr 2026 |
| Total Deposits (USD mn) | 79,964.034 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Total Deposits Growth (%) | 13.2 Mar 2026 | monthly | Jan 2007 - Mar 2026 |
| Domestic Credit (USD mn) | 84,055.3 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Domestic Credit Growth (%) | 9.5 Mar 2026 | monthly | Jan 2007 - Mar 2026 |
| Household Debt (USD mn) | 46,765.0 Mar 2026 | monthly | Jan 2007 - Mar 2026 |
| Total Loans (USD mn) | 75,398.627 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Total Loans Growth (%) | 11.42 Mar 2026 | monthly | Jan 2007 - Mar 2026 |
| Private Debt: % of Nominal GDP (%) | 57.23 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| International Reserve: Net Currency Position (USD mn) | 7,509.918 Apr 2026 | monthly | Jan 2004 - Apr 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 3.6 Mar 2026 | monthly | Feb 2011 - Mar 2026 |
More Indicators for Ecuador
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