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:

Ecuador Motor Vehicles Sales Growth

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 (%) 2.7 Oct 2025 monthly Jan 1997 - Oct 2025
Armenia (%) -32.8 2019 yearly 2006 - 2019
Australia (%) -2.1 Nov 2025 monthly Jan 1995 - Nov 2025
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 (%) -5.9 Nov 2025 monthly Jan 2003 - Nov 2025
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 (%) 1.2 Sep 2025 monthly Jan 1947 - Sep 2025
Chile (%) 4.3 Nov 2025 monthly Jan 2015 - Nov 2025
China (%) 8.8 Oct 2025 monthly Jan 2001 - Oct 2025
Colombia (%) 44.2 Sep 2025 monthly Jan 2004 - Sep 2025
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 (%) -4.4 Oct 2025 monthly Jan 1990 - Oct 2025
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 (%) -1.8 Oct 2025 monthly Jan 1992 - Oct 2025
Jordan (%) 3.6 2019 yearly 2006 - 2019
Kazakhstan (%) 0.7 2024 yearly 2006 - 2024
Kenya (%) -23.9 2019 yearly 2006 - 2019
South Korea (%) -12.9 Oct 2025 monthly Jan 1995 - Oct 2025
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 (%) 6.0 Oct 2025 monthly Jul 1995 - Oct 2025
Malta (%) -6.1 2019 yearly 2006 - 2019
Mauritius (%) 3.0 2019 yearly 2006 - 2019
Mexico (%) 3.8 Oct 2025 monthly Jan 1996 - Oct 2025
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 (%) 34.8 Oct 2025 monthly Jul 2006 - Oct 2025
Palestinian Territory (%) -25.3 2019 yearly 2006 - 2019
Panama (%) 16.0 Oct 2025 monthly Jan 2006 - Oct 2025
Paraguay (%) -15.0 2019 yearly 2006 - 2019
Peru (%) -11.1 2024 yearly 2006 - 2024
Philippines (%) 0.0 Oct 2025 monthly Jan 1997 - Oct 2025
Poland (%) 12.5 2024 yearly 2006 - 2024
Portugal (%) 6.6 Oct 2025 monthly Jan 2001 - Oct 2025
Qatar (%) 0.1 2019 yearly 2006 - 2019
Romania (%) 6.1 2024 yearly 2006 - 2024
Russia (%) -0.3 Nov 2025 monthly Jan 2009 - Nov 2025
Saudi Arabia (%) 6.1 2024 yearly 2006 - 2024
Serbia (%) 4.5 2019 yearly 2006 - 2019
Singapore (%) 44.7 Nov 2024 monthly Jan 2011 - Nov 2024
Slovakia (%) 4.2 2024 yearly 2006 - 2024
Slovenia (%) -14.9 2022 yearly 2006 - 2022
South Africa (%) 16.0 Oct 2025 monthly Jan 2004 - Oct 2025
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 (%) -16.7 Oct 2025 monthly Jan 1998 - Oct 2025
Tajikistan (%) 0.8 2019 yearly 2006 - 2019
Thailand (%) 25.0 Oct 2025 monthly Dec 1992 - Oct 2025
Tunisia (%) -5.3 2019 yearly 2006 - 2019

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Ecuador 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: Finance (USD mn) 532.850 Oct 2025 monthly Jan 2006 - Oct 2025
Central Government: Balance (USD mn) -532.850 Oct 2025 monthly Jan 2006 - Oct 2025
Central Government: Revenue (USD mn) 1,753.230 Oct 2025 monthly Jan 2006 - Oct 2025
Central Government: Expenditure excl Amortization (USD mn) 2,286.080 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: 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
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 (%) 5.3 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

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