Ecuador Motor Vehicles Sales Growth
2006 - 2022 | Yearly | % | CEIC Data
Key information about Ecuador Motor Vehicles Sales Growth
- Ecuador Motor Vehicles Sales grew 14.9 % in Dec 2022, compared with a growth of 40.3 % in the previous year.
- Ecuador Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2022, with an average growth rate of 2.5 %.
- 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 126,050.0 units in Dec 2022.
CEIC calculates annual Motor Vehicles Sales Growth from semiannual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides year-to-date Motor Vehicles Sales.
View Ecuador's Motor Vehicles Sales Growth from 2006 to 2022 in the chart:
What was Ecuador's Motor Vehicles Sales Growth in 2022?
Ecuador Motor Vehicles Sales grew 14.9 % in Dec 2022, compared with a growth of 40.3 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 14.9 2022 | 40.3 2021 | -34.4 2020 | 56.3 2017 | % | yearly | 2006 - 2022 |
Motor Vehicles Sales Growth by Country Comparison
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Includes Motor Vehicles Sales Growth on 110 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 38.9 2019 | yearly | 2006 - 2019 |
| Algeria (%) | -1.8 2019 | yearly | 2006 - 2019 |
| Argentina (%) | -20.8 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| Armenia (%) | -32.8 2019 | yearly | 2006 - 2019 |
| Australia (%) | 12.7 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
| Austria (%) | -20.1 2022 | yearly | 2006 - 2022 |
| 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 (%) | -6.9 2022 | yearly | 2006 - 2022 |
| Bolivia (%) | -12.1 2019 | yearly | 2006 - 2019 |
| Bosnia and Herzegovina (%) | -52.5 2019 | yearly | 2006 - 2019 |
| Botswana (%) | -87.1 2019 | yearly | 2006 - 2019 |
| Brazil (%) | -5.6 Mar 2024 | monthly | Jan 2003 - Mar 2024 |
| Brunei (%) | 20.1 Nov 2020 | monthly | Jan 2011 - Nov 2020 |
| Bulgaria (%) | 8.8 2022 | yearly | 2006 - 2022 |
| Cambodia (%) | 12.6 2019 | yearly | 2006 - 2019 |
| Canada (%) | 13.1 Jan 2024 | monthly | Jan 1947 - Jan 2024 |
| Chile (%) | -36.9 Mar 2024 | monthly | Jan 2010 - Mar 2024 |
| China (%) | 9.9 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Colombia (%) | -28.7 Jan 2024 | monthly | Jan 2004 - Jan 2024 |
| Croatia (%) | -5.5 2022 | yearly | 2006 - 2022 |
| Cyprus (%) | -3.9 2019 | yearly | 2006 - 2019 |
| Czech Republic (%) | 10.2 Dec 2020 | monthly | Jan 2012 - Dec 2020 |
| Denmark (%) | -18.4 2022 | yearly | 2006 - 2022 |
| Ecuador (%) | 14.9 2022 | yearly | 2006 - 2022 |
| Egypt (%) | -37.0 2022 | yearly | 2006 - 2022 |
| Estonia (%) | 18.6 2019 | yearly | 2006 - 2019 |
| Finland (%) | -16.2 2022 | yearly | 2006 - 2022 |
| France (%) | -9.9 2022 | yearly | 2006 - 2022 |
| Georgia (%) | -3.4 2019 | yearly | 2006 - 2019 |
| Germany (%) | -0.3 2022 | yearly | 2006 - 2022 |
| Ghana (%) | -19.4 2019 | yearly | 2006 - 2019 |
| Greece (%) | 3.1 2022 | yearly | 2006 - 2022 |
| Hong Kong SAR, China (%) | -12.8 2019 | yearly | 2006 - 2019 |
| Hungary (%) | -9.9 2022 | yearly | 2006 - 2022 |
| Iceland (%) | -34.2 2019 | yearly | 2006 - 2019 |
| India (%) | 2.8 Mar 2022 | monthly | May 2002 - Mar 2022 |
| Indonesia (%) | -18.8 Feb 2024 | monthly | Jan 1990 - Feb 2024 |
| Iran (%) | -31.7 2019 | yearly | 2006 - 2019 |
| Ireland (%) | -3.5 2022 | yearly | 2006 - 2022 |
| Israel (%) | -7.5 2022 | yearly | 2006 - 2022 |
| Italy (%) | -9.8 2022 | yearly | 2006 - 2022 |
| Ivory Coast (%) | 15.8 2019 | yearly | 2006 - 2019 |
| Japan (%) | -21.1 Mar 2024 | monthly | Jan 1992 - Mar 2024 |
| Jordan (%) | 3.6 2019 | yearly | 2006 - 2019 |
| Kazakhstan (%) | -10.6 2022 | yearly | 2006 - 2022 |
| Kenya (%) | -23.9 2019 | yearly | 2006 - 2019 |
| South Korea (%) | -11.6 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
| Kuwait (%) | 9.9 2022 | yearly | 2006 - 2022 |
| 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 (%) | -1.1 Feb 2024 | monthly | Jul 1995 - Feb 2024 |
| Malta (%) | -6.1 2019 | yearly | 2006 - 2019 |
| Mauritius (%) | 3.0 2019 | yearly | 2006 - 2019 |
| Mexico (%) | 4.4 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
| Moldova (%) | 7.7 2019 | yearly | 2006 - 2019 |
| Mongolia (%) | -41.0 2019 | yearly | 2006 - 2019 |
| Morocco (%) | -8.0 2022 | yearly | 2006 - 2022 |
| Myanmar (%) | 43.8 2019 | yearly | 2006 - 2019 |
| Nepal (%) | 3.5 2019 | yearly | 2006 - 2019 |
| Netherlands (%) | -4.1 2022 | yearly | 2006 - 2022 |
| New Zealand (%) | -9.5 2023 | yearly | 1976 - 2023 |
| Nigeria (%) | -42.4 2019 | yearly | 2006 - 2019 |
| Norway (%) | -3.4 2022 | yearly | 2006 - 2022 |
| Oman (%) | -0.2 2019 | yearly | 2006 - 2019 |
| Pakistan (%) | 44.5 Feb 2024 | monthly | Jul 2006 - Feb 2024 |
| Palestinian Territory (%) | -25.3 2019 | yearly | 2006 - 2019 |
| Panama (%) | 16.4 Jan 2024 | monthly | Jan 2006 - Jan 2024 |
| Paraguay (%) | -15.0 2019 | yearly | 2006 - 2019 |
| Peru (%) | 6.0 2022 | yearly | 2006 - 2022 |
| Philippines (%) | 15.5 Jan 2024 | monthly | Jan 1997 - Jan 2024 |
| Poland (%) | -6.6 2022 | yearly | 2006 - 2022 |
| Portugal (%) | 26.7 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Qatar (%) | 0.1 2019 | yearly | 2006 - 2019 |
| Romania (%) | 4.5 2022 | yearly | 2006 - 2022 |
| Russia (%) | 104.3 Mar 2024 | monthly | Jan 2009 - Mar 2024 |
| Saudi Arabia (%) | 10.8 2022 | yearly | 2006 - 2022 |
| Serbia (%) | 4.5 2019 | yearly | 2006 - 2019 |
| Singapore (%) | -7.4 Feb 2024 | monthly | Jan 2011 - Feb 2024 |
| Slovakia (%) | 3.1 2022 | yearly | 2006 - 2022 |
| Slovenia (%) | -14.9 2022 | yearly | 2006 - 2022 |
| South Africa (%) | -11.5 Mar 2024 | monthly | Jan 2004 - Mar 2024 |
| Spain (%) | -7.3 2022 | yearly | 2006 - 2022 |
| Sri Lanka (%) | -27.0 2019 | yearly | 2006 - 2019 |
| Sudan (%) | -13.8 2019 | yearly | 2006 - 2019 |
| Sweden (%) | -4.1 2022 | yearly | 2006 - 2022 |
| Switzerland (%) | -6.3 2022 | yearly | 2006 - 2022 |
| Syria (%) | 62.8 2019 | yearly | 2006 - 2019 |
| Taiwan (%) | -6.8 Mar 2024 | monthly | Jan 1998 - Mar 2024 |
| Tajikistan (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Thailand (%) | -26.1 Feb 2024 | monthly | Dec 1992 - Feb 2024 |
| Tunisia (%) | -5.3 2019 | yearly | 2006 - 2019 |
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Includes 186 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 (%) | -3.6 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -3,149.723 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Tax Revenue (USD mn) | 3,251.591 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Tax Revenue: % of GDP (%) | 10.4 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| National Government Debt (USD mn) | 79,608.5 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Government Debt: % of GDP (%) | 67.0 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Forecast: Government Expenditure (USD bn) | 49.173 2028 | yearly | 1995 - 2028 |
| Forecast: Government Net Debt (USD bn) | 68.494 2028 | yearly | 2001 - 2028 |
| Forecast: Government Revenue (USD bn) | 48.725 2028 | yearly | 1995 - 2028 |
| Central Government: Finance (USD mn) | -404.913 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Central Government: Balance (USD mn) | 404.913 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Central Government: Expenditure excl Amortization (USD mn) | 1,461.865 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Central Government: Revenue (USD mn) | 1,866.778 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.962 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 678.9 Feb 2024 | monthly | Mar 1992 - Feb 2024 |
| Total Exports (USD mn) | 2,528.2 Apr 2023 | monthly | Jan 1965 - Apr 2023 |
| Total Exports Growth (%) | 5.8 Feb 2024 | monthly | Jan 1966 - Feb 2024 |
| Aluminum: Exports (USD th) | 65,385.575 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 24,074.538 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 6,882.325 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 2,101.1 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| Total Imports Growth (%) | -13.6 Feb 2024 | monthly | Jan 1958 - Feb 2024 |
| Imports: Medicament (USD th) | 958,068.888 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 529,529.069 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 602.367 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Total Imports from USA (USD mn) | 426.736 Feb 2024 | monthly | Jan 1973 - Feb 2024 |
| Total Exports to China (USD mn) | 293.108 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Total Imports from China (USD mn) | 477.216 Feb 2024 | monthly | May 1992 - Feb 2024 |
| Terms of Trade Index: 2007=100 (2007=100) | 98.162 Feb 2024 | monthly | Jan 2014 - Feb 2024 |
| BCE Forecast: Trade Balance: 2018=100 (USD mn) | 1,624.994 2024 | yearly | 2024 - 2024 |
| Exports: FOB: Petroleum: Crude Petroleum (USD th) | 684,286.538 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) | 347,632.603 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| BCE Forecast: Exports: fob: 2018=100 (USD th) | 34,410,658.000 2024 | yearly | 2024 - 2024 |
| Exports: FOB: America: United States (USD mn) | 602.367 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Exports: FOB: Asia: People's Republic of China (USD mn) | 293.108 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Exports: FOB: America: ALADI: Panama (USD mn) | 514.061 Feb 2024 | monthly | Jan 2012 - Feb 2024 |
| BCE Forecast: Imports: fob: 2018=100 (USD th) | 32,785,664.000 2024 | yearly | 2024 - 2024 |
| Imports: CIF: Consumer Goods: Non Durable (USD th) | 269,205.022 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Imports: CIF: Fuels And Lubricants (USD th) | 469,016.611 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Imports: CIF: America: ALADI: Panama (USD mn) | 8.696 Feb 2024 | monthly | Mar 2019 - Feb 2024 |
| 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) | 522.8 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Current Account Balance: % of GDP (%) | 1.7 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Foreign Direct Investment (USD mn) | 87.4 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | 0.3 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | -1.947 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 1.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -2.923 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| External Debt (USD mn) | 57,327.9 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| External Debt: % of GDP (%) | 49.0 2023 | yearly | 1970 - 2023 |
| External Debt: Short Term (USD mn) | 1,197.6 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| External Debt: Short Term: % of GDP (%) | 1.0 2023 | yearly | 1970 - 2023 |
| Forecast: Current Account Balance (USD bn) | 2.607 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD) | -23,519,416,668.955 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| BoP: CA: Goods & Services: Services (USD mn) | -473.931 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| BoP: CA: Goods & Services: Goods (USD mn) | 265.252 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| Gross External Debt: Long Term (USD mn) | 57,533.038 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Gross External Debt (USD mn) | 59,480.153 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| External Debt: Private (USD mn) | 10,133.476 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| External Debt: Public (USD mn) | 47,194.427 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Foreign Direct Investment: BPM6 (USD th) | 87,448.549 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| 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 (%) | 5.7 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Household Debt: % of GDP (%) | 16.8 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Non-Performing Loans (USD mn) | 3,570.111 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Money Supply M1 (USD mn) | 29,922.628 Feb 2024 | monthly | Dec 2006 - Feb 2024 |
| Money Supply M2 (USD mn) | 80,099.186 Feb 2024 | monthly | Dec 2006 - Feb 2024 |
| M2 Growth (%) | 6.3 Feb 2024 | monthly | Dec 2007 - Feb 2024 |
| Reserve Requirement Ratio (%) | 2.0 Aug 2022 | monthly | Dec 2009 - Aug 2022 |
| Foreign Exchange Reserves (USD mn) | 3,379.0 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 2.232 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.6 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Gold Reserves (USD mn) | 1,871.043 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Total Deposits (USD mn) | 60,505.905 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Total Deposits Growth (%) | 7.3 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Domestic Credit (USD mn) | 71,061.9 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Domestic Credit Growth (%) | 9.4 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Household Debt (USD mn) | 20,338.4 Mar 2024 | monthly | Oct 2006 - Mar 2024 |
| Total Loans (USD mn) | 62,673.836 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Total Loans Growth (%) | 8.20 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 53.84 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| International Reserve: Net Currency Position (USD mn) | 3,379.014 Mar 2024 | monthly | Jan 2004 - Mar 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 17.8 Feb 2024 | monthly | Feb 2011 - Feb 2024 |
| Business Confidence Index: Construction (May2007=100) | 478.600 Dec 2022 | monthly | May 2007 - Dec 2022 |
| Business Confidence Index: Commerce (May2007=100) | 2,200.300 Dec 2022 | monthly | May 2007 - Dec 2022 |
| Business Confidence Index: Services (May2007=100) | 1,444.800 Dec 2022 | monthly | May 2007 - Dec 2022 |
| Business Confidence Index: Global (May2007=100) | 1,694.300 Dec 2022 | monthly | May 2007 - Dec 2022 |
| Business Confidence Index: Industry (May2007=100) | 2,662.600 Dec 2022 | monthly | May 2007 - Dec 2022 |
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