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 (%) | -20.4 Feb 2026 | monthly | Jan 1997 - Feb 2026 |
| Armenia (%) | -32.8 2019 | yearly | 2006 - 2019 |
| Australia (%) | -4.5 Feb 2026 | monthly | Jan 1995 - Feb 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 (%) | 0.1 Feb 2026 | monthly | Jan 2003 - Feb 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 (%) | -5.6 Jan 2026 | monthly | Jan 1947 - Jan 2026 |
| Chile (%) | 4.9 Feb 2026 | monthly | Jan 2015 - Feb 2026 |
| China (%) | -15.2 Feb 2026 | monthly | Jan 2001 - Feb 2026 |
| Colombia (%) | 22.5 Jan 2026 | monthly | Jan 2004 - Jan 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 (%) | 12.2 Feb 2026 | monthly | Jan 1990 - Feb 2026 |
| Iran (%) | -31.7 2019 | yearly | 2006 - 2019 |
| Ireland (%) | 0.8 2024 | yearly | 2006 - 2024 |
| Israel (%) | -0.3 2024 | yearly | 2006 - 2024 |
| Italy (%) | -0.3 2024 | yearly | 2006 - 2024 |
| Ivory Coast (%) | 15.8 2019 | yearly | 2006 - 2019 |
| Japan (%) | -3.5 Feb 2026 | monthly | Jan 1992 - Feb 2026 |
| Jordan (%) | 3.6 2019 | yearly | 2006 - 2019 |
| Kazakhstan (%) | 0.7 2024 | yearly | 2006 - 2024 |
| Kenya (%) | -23.9 2019 | yearly | 2006 - 2019 |
| South Korea (%) | -7.2 Feb 2026 | monthly | Jan 1995 - Feb 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 (%) | -19.6 Feb 2026 | monthly | Jul 1995 - Feb 2026 |
| Malta (%) | -6.1 2019 | yearly | 2006 - 2019 |
| Mauritius (%) | 3.0 2019 | yearly | 2006 - 2019 |
| Mexico (%) | -1.4 Feb 2026 | monthly | Jan 1996 - Feb 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 (%) | -13.5 2024 | yearly | 1976 - 2024 |
| Nigeria (%) | -42.4 2019 | yearly | 2006 - 2019 |
| Norway (%) | 0.1 2024 | yearly | 2006 - 2024 |
| Oman (%) | -0.2 2019 | yearly | 2006 - 2019 |
| Pakistan (%) | 42.4 Feb 2026 | monthly | Jul 2006 - Feb 2026 |
| Palestinian Territory (%) | -25.3 2019 | yearly | 2006 - 2019 |
| Panama (%) | 9.6 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Paraguay (%) | -15.0 2019 | yearly | 2006 - 2019 |
| Peru (%) | -11.1 2024 | yearly | 2006 - 2024 |
| Philippines (%) | -8.5 Feb 2026 | monthly | Jan 1997 - Feb 2026 |
| Poland (%) | 12.5 2024 | yearly | 2006 - 2024 |
| Portugal (%) | 17.8 Jan 2026 | monthly | Jan 2001 - Jan 2026 |
| Qatar (%) | 0.1 2019 | yearly | 2006 - 2019 |
| Romania (%) | 6.1 2024 | yearly | 2006 - 2024 |
| Russia (%) | -16.3 Jan 2026 | monthly | Jan 2009 - Jan 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 (%) | 11.4 Feb 2026 | monthly | Jan 2004 - Feb 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 (%) | -8.7 Feb 2026 | monthly | Jan 1998 - Feb 2026 |
| Tajikistan (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Thailand (%) | 53.8 Jan 2026 | monthly | Dec 1992 - Jan 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 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | -3,224.953 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 (%) | 13.5 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| National Government Debt (USD mn) | 87,469.0 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Government Debt: % of GDP (%) | 65.6 Sep 2025 | quarterly | Dec 2005 - Sep 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: Expenditure excl Amortization (USD mn) | 1,512.006 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Central Government: Revenue (USD mn) | 2,106.684 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Central Government: Balance (USD mn) | 594.678 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Central Government: Finance (USD mn) | -594.678 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.962 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 630.2 Jan 2026 | monthly | Mar 1992 - Jan 2026 |
| Total Exports (USD mn) | 2,930.4 Sep 2025 | monthly | Jan 1965 - Sep 2025 |
| Total Exports Growth (%) | -2.2 Jan 2026 | monthly | Jan 1966 - Jan 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) | 2,615.3 Jan 2026 | monthly | Jan 1957 - Jan 2026 |
| Total Imports Growth (%) | -0.0 Jan 2026 | monthly | Jan 1958 - Jan 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) | 583.678 Jan 2026 | monthly | Jan 2007 - Jan 2026 |
| Total Imports from USA (USD mn) | 643.097 Jan 2026 | monthly | Jan 1973 - Jan 2026 |
| Total Exports to China (USD mn) | 664.644 Jan 2026 | monthly | Jan 2007 - Jan 2026 |
| Total Imports from China (USD mn) | 761.824 Jan 2026 | monthly | May 1992 - Jan 2026 |
| Exports: FOB: America: United States (USD mn) | 583.678 Jan 2026 | monthly | Jan 2007 - Jan 2026 |
| Exports: FOB: Asia: People's Republic of China (USD mn) | 664.644 Jan 2026 | monthly | Jan 2007 - Jan 2026 |
| Exports: FOB: America: ALADI: Panama (USD mn) | 474.652 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| Exports: FOB: Petroleum: Crude Petroleum (USD th) | 492,277.328 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) | 401,502.800 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Imports: CIF: America: ALADI: Panama (USD mn) | 12.364 Jan 2026 | monthly | Mar 2019 - Jan 2026 |
| Imports: CIF: Capital Goods: Industrial (USD th) | 414,383.189 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| Imports: CIF: Consumer Goods: Non Durable (USD th) | 324,401.375 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| Imports: CIF: Raw Materials: Industrial (USD th) | 603,819.131 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| Imports: CIF: Fuels And Lubricants (USD th) | 417,815.743 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| Terms of Trade Index: 2007=100 (2007=100) | 86.706 Jan 2026 | monthly | Jan 2014 - Jan 2026 |
| 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) | 581.6 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Current Account Balance: % of GDP (%) | 1.8 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Foreign Direct Investment (USD mn) | 77.6 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Foreign Direct Investment: % of GDP (%) | 1.7 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Foreign Portfolio Investment (USD mn) | -5.037 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 3.469 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| External Debt (USD mn) | 64,401.4 Jan 2026 | monthly | Jan 1994 - Jan 2026 |
| External Debt: % of GDP (%) | 49.6 2024 | yearly | 1970 - 2024 |
| External Debt: Short Term (USD mn) | 43.9 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| External Debt: Short Term: % of GDP (%) | 0.9 2024 | yearly | 1970 - 2024 |
| Forecast: Current Account Balance (USD bn) | 4.516 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD) | -11,374,979,000.538 Jun 2025 | quarterly | Mar 2016 - Jun 2025 |
| Gross External Debt (USD mn) | 59,423.363 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Gross External Debt: Long Term (USD mn) | 58,691.873 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| BoP: CA: Goods & Services: Services (USD mn) | -539.110 Sep 2025 | quarterly | Mar 2016 - Sep 2025 |
| BoP: CA: Goods & Services: Goods (USD mn) | 566.773 Sep 2025 | quarterly | Mar 2016 - Sep 2025 |
| External Debt: Private (USD mn) | 11,974.556 Jan 2026 | monthly | Jan 1994 - Jan 2026 |
| External Debt: Public (USD mn) | 52,426.813 Jan 2026 | monthly | Jan 1994 - Jan 2026 |
| Foreign Direct Investment: BPM6 (USD th) | 539,082.899 Sep 2025 | quarterly | Mar 2016 - Sep 2025 |
| 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 |
| 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 Feb 2026 | monthly | Jan 2006 - Feb 2026 |
| Household Debt: % of GDP (%) | 17.8 Sep 2025 | quarterly | Mar 2003 - Sep 2025 |
| Non-Performing Loans (USD mn) | 3,882.125 Feb 2026 | monthly | Jan 2006 - Feb 2026 |
| Money Supply M1 (USD mn) | 33,367.727 Jan 2026 | monthly | Dec 2006 - Jan 2026 |
| Money Supply M2 (USD mn) | 98,731.828 Nov 2025 | monthly | Dec 2006 - Nov 2025 |
| M2 Growth (%) | 13.9 Nov 2025 | monthly | Dec 2007 - Nov 2025 |
| Reserve Requirement Ratio (%) | 2.0 Aug 2022 | monthly | Dec 2009 - Aug 2022 |
| Foreign Exchange Reserves (USD mn) | 7,045.1 Feb 2026 | monthly | Dec 1956 - Feb 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 3.888 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.7 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| Gold Reserves (USD mn) | 4,412.649 Feb 2026 | monthly | Dec 1956 - Feb 2026 |
| Total Deposits (USD mn) | 79,074.257 Feb 2026 | monthly | Jan 2006 - Feb 2026 |
| Total Deposits Growth (%) | 13.1 Feb 2026 | monthly | Jan 2007 - Feb 2026 |
| Domestic Credit (USD mn) | 82,621.0 Feb 2026 | monthly | Jan 2006 - Feb 2026 |
| Domestic Credit Growth (%) | 9.1 Feb 2026 | monthly | Jan 2007 - Feb 2026 |
| Household Debt (USD mn) | 23,944.2 Feb 2026 | monthly | Jan 2003 - Feb 2026 |
| Total Loans (USD mn) | 73,746.093 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Total Loans Growth (%) | 11.23 Feb 2026 | monthly | Jan 2007 - Feb 2026 |
| Private Debt: % of Nominal GDP (%) | 55.98 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| International Reserve: Net Currency Position (USD mn) | 7,045.074 Feb 2026 | monthly | Jan 2004 - Feb 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -1.6 Jan 2026 | monthly | Feb 2011 - Jan 2026 |
More Indicators for Ecuador
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