Ecuador Motor Vehicles Sales Growth
2006 - 2023 | Yearly | % | CEIC Data
Key information about Ecuador Motor Vehicles Sales Growth
- Ecuador Motor Vehicles Sales dropped 1.6 % in Dec 2023, compared with a growth of 14.9 % in the previous year.
- Ecuador Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2023, with an average growth rate of 0.4 %.
- 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 124,059.0 units in Dec 2023.
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 2023 in the chart:
What was Ecuador's Motor Vehicles Sales Growth in 2023?
Ecuador Motor Vehicles Sales dropped 1.6 % in Dec 2023, compared with a growth of 14.9 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.6 2023 | 14.9 2022 | -34.4 2020 | 56.3 2017 | % | yearly | 2006 - 2023 |
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 (%) | 37.3 Feb 2025 | monthly | Jan 1997 - Feb 2025 |
| Armenia (%) | -32.8 2019 | yearly | 2006 - 2019 |
| Australia (%) | -9.6 Feb 2025 | monthly | Jan 1995 - Feb 2025 |
| Austria (%) | 14.0 2023 | yearly | 2006 - 2023 |
| 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 (%) | 12.0 Feb 2025 | monthly | Jan 2003 - Feb 2025 |
| 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 (%) | 11.3 Nov 2024 | monthly | Jan 1947 - Nov 2024 |
| Chile (%) | -5.7 Feb 2025 | monthly | Jan 2010 - Feb 2025 |
| China (%) | 34.4 Feb 2025 | monthly | Jan 2001 - Feb 2025 |
| Colombia (%) | 24.8 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Croatia (%) | 31.2 2023 | yearly | 2006 - 2023 |
| Cyprus (%) | -3.9 2019 | yearly | 2006 - 2019 |
| Czech Republic (%) | 10.2 Dec 2020 | monthly | Jan 2012 - Dec 2020 |
| Denmark (%) | 12.7 2023 | yearly | 2006 - 2023 |
| Ecuador (%) | -1.6 2023 | yearly | 2006 - 2023 |
| Egypt (%) | -50.9 2023 | yearly | 2006 - 2023 |
| Estonia (%) | 18.6 2019 | yearly | 2006 - 2019 |
| Finland (%) | 6.3 2023 | yearly | 2006 - 2023 |
| 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 (%) | 25.7 2023 | yearly | 2006 - 2023 |
| Hong Kong SAR, China (%) | -12.8 2019 | yearly | 2006 - 2019 |
| Hungary (%) | 0.1 2023 | yearly | 2006 - 2023 |
| Iceland (%) | -34.2 2019 | yearly | 2006 - 2019 |
| India (%) | 2.8 Mar 2022 | monthly | May 2002 - Mar 2022 |
| Indonesia (%) | 2.2 Feb 2025 | monthly | Jan 1990 - Feb 2025 |
| Iran (%) | -31.7 2019 | yearly | 2006 - 2019 |
| Ireland (%) | 17.4 2023 | yearly | 2006 - 2023 |
| Israel (%) | 24.7 2023 | yearly | 2006 - 2023 |
| Italy (%) | 19.2 2023 | yearly | 2006 - 2023 |
| Ivory Coast (%) | 15.8 2019 | yearly | 2006 - 2019 |
| Japan (%) | 18.7 Feb 2025 | monthly | Jan 1992 - Feb 2025 |
| Jordan (%) | 3.6 2019 | yearly | 2006 - 2019 |
| Kazakhstan (%) | 70.9 2023 | yearly | 2006 - 2023 |
| Kenya (%) | -23.9 2019 | yearly | 2006 - 2019 |
| South Korea (%) | 14.7 Feb 2025 | monthly | Jan 1995 - Feb 2025 |
| Kuwait (%) | 17.6 2023 | yearly | 2006 - 2023 |
| 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 (%) | -27.2 Jan 2025 | monthly | Jul 1995 - Jan 2025 |
| Malta (%) | -6.1 2019 | yearly | 2006 - 2019 |
| Mauritius (%) | 3.0 2019 | yearly | 2006 - 2019 |
| Mexico (%) | 5.4 Jan 2025 | monthly | Jan 1996 - Jan 2025 |
| Moldova (%) | 7.7 2019 | yearly | 2006 - 2019 |
| Mongolia (%) | -41.0 2019 | yearly | 2006 - 2019 |
| Morocco (%) | 0.1 2023 | yearly | 2006 - 2023 |
| Myanmar (%) | 43.8 2019 | yearly | 2006 - 2019 |
| Nepal (%) | 3.5 2019 | yearly | 2006 - 2019 |
| Netherlands (%) | 18.9 2023 | yearly | 2006 - 2023 |
| New Zealand (%) | -13.6 2024 | yearly | 1976 - 2024 |
| Nigeria (%) | -42.4 2019 | yearly | 2006 - 2019 |
| Norway (%) | -21.9 2023 | yearly | 2006 - 2023 |
| Oman (%) | -0.2 2019 | yearly | 2006 - 2019 |
| Pakistan (%) | 66.1 Dec 2024 | monthly | Jul 2006 - Dec 2024 |
| Palestinian Territory (%) | -25.3 2019 | yearly | 2006 - 2019 |
| Panama (%) | 7.8 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Paraguay (%) | -15.0 2019 | yearly | 2006 - 2019 |
| Peru (%) | 1.9 2023 | yearly | 2006 - 2023 |
| Philippines (%) | 10.4 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Poland (%) | 11.4 2023 | yearly | 2006 - 2023 |
| Portugal (%) | -9.6 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Qatar (%) | 0.1 2019 | yearly | 2006 - 2019 |
| Romania (%) | 13.3 2023 | yearly | 2006 - 2023 |
| Russia (%) | -5.9 Feb 2025 | monthly | Jan 2009 - Feb 2025 |
| Saudi Arabia (%) | 23.1 2023 | yearly | 2006 - 2023 |
| Serbia (%) | 4.5 2019 | yearly | 2006 - 2019 |
| Singapore (%) | 44.7 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Slovakia (%) | 13.1 2023 | yearly | 2006 - 2023 |
| Slovenia (%) | -14.9 2022 | yearly | 2006 - 2022 |
| South Africa (%) | 7.3 Feb 2025 | monthly | Jan 2004 - Feb 2025 |
| Spain (%) | 17.6 2023 | yearly | 2006 - 2023 |
| Sri Lanka (%) | -27.0 2019 | yearly | 2006 - 2019 |
| Sudan (%) | -13.8 2019 | yearly | 2006 - 2019 |
| Sweden (%) | 3.6 2023 | yearly | 2006 - 2023 |
| Switzerland (%) | 12.9 2023 | yearly | 2006 - 2023 |
| Syria (%) | 62.8 2019 | yearly | 2006 - 2019 |
| Taiwan (%) | -14.9 Feb 2025 | monthly | Jan 1998 - Feb 2025 |
| Tajikistan (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Thailand (%) | -12.3 Jan 2025 | monthly | Dec 1992 - Jan 2025 |
| Tunisia (%) | -5.3 2019 | yearly | 2006 - 2019 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doEcuador Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.3 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -877.036 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Tax Revenue (USD mn) | 4,355.023 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Tax Revenue: % of GDP (%) | 14.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| National Government Debt (USD mn) | 85,264.4 Dec 2024 | quarterly | Dec 2005 - Dec 2024 |
| Government Debt: % of GDP (%) | 67.4 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Forecast: Government Expenditure (USD bn) | 51.430 2029 | yearly | 1995 - 2029 |
| Forecast: Government Net Debt (USD bn) | 72.877 2029 | yearly | 2001 - 2029 |
| Forecast: Government Revenue (USD bn) | 52.747 2029 | yearly | 1995 - 2029 |
| Central Government: Balance (USD mn) | 953.670 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Central Government: Finance (USD mn) | -953.670 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Central Government: Expenditure excl Amortization (USD mn) | 1,055.760 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Central Government: Revenue (USD mn) | 2,009.430 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.962 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 672.6 Dec 2024 | monthly | Mar 1992 - Dec 2024 |
| Total Exports (USD mn) | 2,528.2 Apr 2023 | monthly | Jan 1965 - Apr 2023 |
| Total Exports Growth (%) | 22.9 Dec 2024 | monthly | Jan 1966 - Dec 2024 |
| Aluminum: Exports (USD th) | 73,669.642 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 31,582.671 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 8,971.615 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 2,688.4 Dec 2024 | monthly | Jan 1957 - Dec 2024 |
| Total Imports Growth (%) | 13.0 Dec 2024 | monthly | Jan 1958 - Dec 2024 |
| Imports: Medicament (USD th) | 940,587.785 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 633,025.171 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 489.894 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Total Imports from USA (USD mn) | 822.790 Jan 2025 | monthly | Jan 1973 - Jan 2025 |
| Total Exports to China (USD mn) | 425.273 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Total Imports from China (USD mn) | 625.825 Jan 2025 | monthly | May 1992 - Jan 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) | 1,473.3 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Current Account Balance: % of GDP (%) | 4.8 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Foreign Direct Investment (USD mn) | 73.6 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Foreign Direct Investment: % of GDP (%) | 0.2 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Foreign Portfolio Investment (USD mn) | -24.262 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -0.1 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.2 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -24.443 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| External Debt (USD mn) | 57,662.3 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| External Debt: % of GDP (%) | 48.3 2023 | yearly | 1970 - 2023 |
| External Debt: Short Term (USD mn) | 986.1 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| External Debt: Short Term: % of GDP (%) | 1.5 2023 | yearly | 1970 - 2023 |
| Forecast: Current Account Balance (USD bn) | 3.608 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD) | -18,707,079,496.587 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| BoP: CA: Goods & Services: Goods (USD mn) | 1,405.024 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| BoP: CA: Goods & Services: Services (USD mn) | -688.520 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: 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 (%) | 5.3 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Household Debt: % of GDP (%) | 17.4 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Non-Performing Loans (USD mn) | 3,566.948 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Money Supply M1 (USD mn) | 31,461.760 Dec 2024 | monthly | Dec 2006 - Dec 2024 |
| Money Supply M2 (USD mn) | 88,484.868 Dec 2024 | monthly | Dec 2006 - Dec 2024 |
| M2 Growth (%) | 10.1 Dec 2024 | monthly | Dec 2007 - Dec 2024 |
| Reserve Requirement Ratio (%) | 2.0 Aug 2022 | monthly | Dec 2009 - Aug 2022 |
| Foreign Exchange Reserves (USD mn) | 5,271.6 Feb 2025 | monthly | Dec 1956 - Feb 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 5.127 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.7 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| Gold Reserves (USD mn) | 2,395.089 Feb 2025 | monthly | Dec 1956 - Feb 2025 |
| Total Deposits (USD mn) | 68,663.123 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Total Deposits Growth (%) | 15.0 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| Domestic Credit (USD mn) | 75,695.6 Feb 2025 | monthly | Jan 2006 - Feb 2025 |
| Domestic Credit Growth (%) | 5.8 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| Household Debt (USD mn) | 21,987.1 Feb 2025 | monthly | Oct 2006 - Feb 2025 |
| Total Loans (USD mn) | 66,386.890 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Total Loans Growth (%) | 6.30 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 54.12 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| International Reserve: Net Currency Position (USD mn) | 5,271.613 Feb 2025 | monthly | Jan 2004 - Feb 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 9.7 Jan 2025 | monthly | Feb 2011 - Jan 2025 |
More Indicators for Ecuador
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