Ecuador Nominal GDP

1991 - 2020 | Quarterly | USD mn | CEIC Data

Ecuador Nominal GDP reached 24.2 USD bn in Sep 2020, compared with 23.6 USD bn in the previous quarter. Nominal GDP in Ecuador is updated quarterly, available from Mar 1991 to Sep 2020, with an average number of 10.8 USD bn. The data reached an all-time high of 27.2 USD bn in Dec 2018 and a record low of 2.8 USD bn in Mar 1991. CEIC extends history for quarterly Nominal GDP. The Central Bank of Ecuador provides Nominal GDP in USD. Nominal GDP prior to Q1 2000 is sourced from the International Monetary Fund.

In the latest reports, Ecuador GDP contracted 8.8 % YoY in Sep 2020. Its GDP deflator (implicit price deflator) fell 2.1 % in Sep 2020. Ecuador GDP Per Capita reached 6,222.5 USD in Dec 2019. Its Gross Savings Rate was measured at 25.6 % in Sep 2020. For Nominal GDP contributions, Investment accounted for 22.4 % in Sep 2020. Public Consumption accounted for 14.7 % in Sep 2020. Private Consumption accounted for 59.7 % in Sep 2020.

View Ecuador's Nominal GDP from Mar 1991 to Sep 2020 in the chart:

Ecuador Nominal GDP

What was Ecuador's Nominal GDP in Sep 2020?

Last Previous Min Max Unit Frequency Range
24,166.8 Sep 2020 23,567.5 Jun 2020 2,770.1 Mar 1991 27,211.2 Dec 2018 USD mn quarterly Mar 1991 - Sep 2020

Nominal GDP by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) 3,807.2 Sep 2020 quarterly Mar 2008 - Sep 2020
Algeria (USD mn) 40,083.4 Mar 2020 quarterly Mar 1999 - Mar 2020
Argentina (USD mn) 90,567.7 Sep 2020 quarterly Mar 2004 - Sep 2020
Armenia (USD mn) 3,772.5 Dec 2020 quarterly Dec 1994 - Dec 2020
Australia (USD mn) 370,722.8 Dec 2020 quarterly Sep 1959 - Dec 2020
Austria (USD mn) 112,635.8 Dec 2020 quarterly Mar 1988 - Dec 2020
Azerbaijan (USD mn) 10,668.8 Sep 2020 quarterly Mar 2001 - Sep 2020
Bahrain (USD mn) 8,802.6 Sep 2020 quarterly Mar 2007 - Sep 2020
Bangladesh (USD mn) 329,803.7 2020 yearly 1960 - 2020
Belarus (USD mn) 16,099.6 Sep 2020 quarterly Mar 1994 - Sep 2020
Belgium (USD mn) 138,144.8 Dec 2020 quarterly Mar 1980 - Dec 2020
Bolivia (USD mn) 7,649.5 Jun 2020 quarterly Mar 1990 - Jun 2020
Bosnia and Herzegovina (USD mn) 5,318.0 Sep 2020 quarterly Mar 2008 - Sep 2020
Botswana (USD mn) 3,859.4 Sep 2020 quarterly Sep 1993 - Sep 2020
Brazil (USD mn) 373,432.0 Dec 2020 quarterly Mar 1990 - Dec 2020
Brunei (USD mn) 2,889.2 Sep 2020 quarterly Mar 2004 - Sep 2020
Bulgaria (USD mn) 19,555.4 Dec 2020 quarterly Mar 1995 - Dec 2020
Cambodia (USD mn) 27,030.5 2019 yearly 1993 - 2019
Canada (USD mn) 442,590.5 Dec 2020 quarterly Mar 1957 - Dec 2020
Chile (USD mn) 60,618.8 Sep 2020 quarterly Mar 1990 - Sep 2020
China (USD mn) 4,474,085.4 Dec 2020 quarterly Mar 1992 - Dec 2020
Colombia (USD mn) 72,827.1 Dec 2020 quarterly Mar 2000 - Dec 2020
Croatia (USD mn) 14,691.2 Dec 2020 quarterly Mar 1995 - Dec 2020
Cyprus (USD mn) 6,313.4 Dec 2020 quarterly Mar 1995 - Dec 2020
Czech Republic (USD mn) 64,844.4 Dec 2020 quarterly Mar 1995 - Dec 2020
Denmark (USD mn) 93,512.4 Dec 2020 quarterly Mar 1990 - Dec 2020
Ecuador (USD mn) 24,166.8 Sep 2020 quarterly Mar 1991 - Sep 2020
Egypt (USD mn) 102,451.7 Sep 2020 quarterly Sep 2001 - Sep 2020
Estonia (USD mn) 8,326.1 Dec 2020 quarterly Mar 1995 - Dec 2020
European Union (USD mn) 3,973,224.6 Sep 2020 quarterly Mar 1999 - Sep 2020
Finland (USD mn) 71,094.9 Dec 2020 quarterly Mar 1990 - Dec 2020
France (USD mn) 700,846.2 Dec 2020 quarterly Mar 1957 - Dec 2020
Georgia (USD mn) 4,297.5 Sep 2020 quarterly Mar 2010 - Sep 2020
Germany (USD mn) 1,009,253.9 Dec 2020 quarterly Mar 1960 - Dec 2020
Ghana (USD mn) 16,226.1 Sep 2020 quarterly Mar 2006 - Sep 2020
Greece (USD mn) 49,136.0 Dec 2020 quarterly Mar 1995 - Dec 2020
Hong Kong SAR, China (USD mn) 92,070.8 Dec 2020 quarterly Mar 1973 - Dec 2020
Hungary (USD mn) 44,737.6 Dec 2020 quarterly Mar 1995 - Dec 2020
Iceland (USD mn) 5,709.9 Dec 2020 quarterly Mar 1995 - Dec 2020
India (USD mn) 739,298.6 Dec 2020 quarterly Jun 1996 - Dec 2020
Indonesia (USD mn) 273,105.8 Dec 2020 quarterly Mar 1990 - Dec 2020
Iran (USD mn) 150,761.9 Jun 2020 quarterly Jun 1988 - Jun 2020
Ireland (USD mn) 111,843.4 Sep 2020 quarterly Mar 1995 - Sep 2020
Israel (USD mn) 107,335.6 Dec 2020 quarterly Mar 1995 - Dec 2020
Italy (USD mn) 506,144.4 Dec 2020 quarterly Mar 1980 - Dec 2020
Ivory Coast (USD mn) 10,091.2 Sep 2018 quarterly Mar 1997 - Sep 2018
Japan (USD mn) 1,321,284.1 Dec 2020 quarterly Mar 1957 - Dec 2020
Jordan (USD mn) 11,517.3 Sep 2020 quarterly Mar 1992 - Sep 2020
Kazakhstan (USD mn) 41,643.5 Sep 2020 quarterly Mar 1994 - Sep 2020
Kenya (USD mn) 24,509.1 Sep 2020 quarterly Mar 2009 - Sep 2020
South Korea (USD mn) 438,452.5 Dec 2020 quarterly Mar 1960 - Dec 2020
Kosovo (USD mn) 2,139.2 Sep 2020 quarterly Mar 2010 - Sep 2020
Kuwait (USD mn) 30,136.3 Mar 2020 quarterly Mar 2010 - Mar 2020
Kyrgyzstan (USD mn) 2,396.7 Dec 2020 quarterly Mar 2000 - Dec 2020
Laos (USD mn) 18,897.3 2019 yearly 1980 - 2019
Latvia (USD mn) 8,979.4 Dec 2020 quarterly Mar 1995 - Dec 2020
Lebanon (USD mn) 53,595.4 2019 yearly 1997 - 2019
Lithuania (USD mn) 14,777.4 Dec 2020 quarterly Mar 1995 - Dec 2020
Luxembourg (USD mn) 19,137.2 Sep 2020 quarterly Mar 1995 - Sep 2020
Macau SAR, China (USD mn) 7,707.5 Dec 2020 quarterly Mar 1998 - Dec 2020
North Macedonia (USD mn) 3,627.6 Dec 2020 quarterly Mar 2000 - Dec 2020
Malawi (USD mn) 10,862.6 2019 yearly 1960 - 2019
Malaysia (USD mn) 92,103.8 Dec 2020 quarterly Mar 1991 - Dec 2020
Malta (USD mn) 3,942.6 Dec 2020 quarterly Mar 1992 - Dec 2020
Mauritius (USD mn) 2,674.7 Sep 2020 quarterly Mar 1999 - Sep 2020
Mexico (USD mn) 296,709.7 Dec 2020 quarterly Mar 1993 - Dec 2020
Moldova (USD mn) 3,673.3 Sep 2020 quarterly Mar 1995 - Sep 2020
Mongolia (USD mn) 3,687.2 Dec 2020 quarterly Mar 2000 - Dec 2020
Montenegro (USD mn) 1,419.6 Sep 2020 quarterly Mar 2010 - Sep 2020
Morocco (USD mn) 28,617.3 Sep 2020 quarterly Mar 1990 - Sep 2020
Mozambique (USD mn) 15,303.3 2019 yearly 1963 - 2019
Myanmar (USD mn) 66,719.6 2018 yearly 2001 - 2018
Nepal (USD mn) 32,387.7 2020 yearly 2001 - 2020
Netherlands (USD mn) 242,242.1 Dec 2020 quarterly Mar 1988 - Dec 2020
New Zealand (USD mn) 56,098.2 Sep 2020 quarterly Jun 1987 - Sep 2020
Nigeria (USD mn) 114,788.1 Dec 2020 quarterly Mar 2010 - Dec 2020
Norway (USD mn) 96,808.6 Dec 2020 quarterly Mar 1978 - Dec 2020
Oman (USD mn) 15,438.8 Sep 2020 quarterly Mar 2005 - Sep 2020
Pakistan (USD mn) 264,050.6 2020 yearly 2000 - 2020
Palestinian Territory (USD mn) 3,865.4 Sep 2020 quarterly Mar 2000 - Sep 2020
Panama (USD mn) 14,995.4 Dec 2020 quarterly Mar 2007 - Dec 2020
Paraguay (USD mn) 8,550.2 Sep 2020 quarterly Mar 1994 - Sep 2020
Peru (USD mn) 59,049.2 Dec 2020 quarterly Mar 1979 - Dec 2020
Philippines (USD mn) 107,065.9 Dec 2020 quarterly Mar 1981 - Dec 2020
Poland (USD mn) 171,927.8 Dec 2020 quarterly Mar 1995 - Dec 2020
Portugal (USD mn) 61,882.7 Dec 2020 quarterly Mar 1995 - Dec 2020
Qatar (USD mn) 35,121.4 Sep 2020 quarterly Mar 2010 - Sep 2020
Romania (USD mn) 62,645.1 Sep 2020 quarterly Mar 1995 - Sep 2020
Russia (USD mn) 379,756.8 Sep 2020 quarterly Mar 1993 - Sep 2020
Saudi Arabia (USD mn) 178,159.5 Sep 2020 quarterly Mar 2003 - Sep 2020
Serbia (USD mn) 15,077.7 Dec 2020 quarterly Mar 1996 - Dec 2020
Singapore (USD mn) 87,937.8 Dec 2020 quarterly Mar 1975 - Dec 2020
Slovakia (USD mn) 27,517.6 Sep 2020 quarterly Mar 1995 - Sep 2020
Slovenia (USD mn) 13,946.3 Dec 2020 quarterly Mar 1995 - Dec 2020
South Africa (USD mn) 74,244.3 Sep 2020 quarterly Mar 1960 - Sep 2020
Spain (USD mn) 344,602.9 Dec 2020 quarterly Mar 1970 - Dec 2020
Sri Lanka (USD mn) 22,060.7 Sep 2020 quarterly Mar 2002 - Sep 2020
Sudan (USD mn) 42,504.5 2019 yearly 1960 - 2019
Sweden (USD mn) 152,043.2 Dec 2020 quarterly Mar 1980 - Dec 2020
Switzerland (USD mn) 197,482.7 Dec 2020 quarterly Mar 1970 - Dec 2020

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Ecuador Key Series

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Includes 234 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 (%) -5.2 Sep 2020 quarterly Dec 2000 - Sep 2020
Consolidated Fiscal Balance (USD mn) -1,332.350 Sep 2020 quarterly Mar 2000 - Sep 2020
Tax Revenue (USD mn) 3,057.289 Sep 2020 quarterly Mar 2000 - Sep 2020
Tax Revenue: % of GDP (%) 12.7 Sep 2020 quarterly Mar 2000 - Sep 2020
National Government Debt (USD mn) 63,163.5 Dec 2020 quarterly Dec 2005 - Dec 2020
Government Debt: % of GDP (%) 57.2 Sep 2020 quarterly Dec 2005 - Sep 2020
Forecast: Government Expenditure (USD bn) 37.783 2025 yearly 1995 - 2025
Forecast: Government Net Debt (USD bn) 63.609 2025 yearly 2001 - 2025
Forecast: Government Revenue (USD bn) 40.348 2025 yearly 1995 - 2025
Central Government: Finance (USD mn) 2,215.020 Dec 2020 monthly Jan 2006 - Dec 2020
Central Government: Balance (USD mn) -2,215.020 Dec 2020 monthly Jan 2006 - Dec 2020
Central Government: Revenue (USD mn) 1,322.270 Dec 2020 monthly Jan 2006 - Dec 2020
Central Government: Expenditure excl Amortization (USD mn) 3,537.289 Dec 2020 monthly Jan 2006 - Dec 2020
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.059 2025 yearly 1980 - 2025
Trade Balance (USD mn) 115.2 Dec 2020 monthly Jan 1965 - Dec 2020
Total Exports (USD mn) 1,822.5 Dec 2020 monthly Jan 1965 - Dec 2020
Total Exports Growth (%) -9.8 Dec 2020 monthly Jan 1966 - Dec 2020
Aluminum: Exports (USD th) 33,552.274 2019 yearly 1995 - 2019
Exports: Medicament (USD th) 46,750.981 2019 yearly 1995 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th) 2,202.795 2019 yearly 1995 - 2019
Total Imports (USD mn) 1,810.3 Dec 2020 monthly Jan 1957 - Dec 2020
Total Imports Growth (%) 7.5 Dec 2020 monthly Jan 1958 - Dec 2020
Imports: Medicament (USD th) 779,550.310 2019 yearly 1995 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th) 327,256.266 2019 yearly 1995 - 2019
Total Exports to USA (USD mn) 372.892 Dec 2020 monthly Jan 2007 - Dec 2020
Total Imports from USA (USD mn) 344.182 Sep 2020 monthly Jan 1973 - Sep 2020
Total Exports to China (USD mn) 377.284 Nov 2020 monthly Jan 2010 - Nov 2020
Total Imports from China (USD mn) 330.655 Dec 2020 monthly May 1992 - Dec 2020
EC: Exports: fob: Emerging and Developing Economies: Emerging and Developing Asi... (USD mn) 260.765 Nov 2020 monthly Jun 1973 - Nov 2020
Terms of Trade Index: 2007=100 (2007=100) 82.021 Oct 2020 monthly Jan 2014 - Oct 2020
Exports: FOB: Petroleum: Crude Petroleum (USD th) 397,910.899 Oct 2020 monthly Jan 2005 - Oct 2020
Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) 249,858.659 Oct 2020 monthly Jan 2005 - Oct 2020
Exports: FOB: America: United States (USD mn) 313.925 Oct 2020 monthly Jan 2007 - Oct 2020
Imports: CIF: Consumer Goods: Non Durable (USD th) 246,374.188 Oct 2020 monthly Jan 2005 - Oct 2020
Imports: CIF: Fuels And Lubricants (USD th) 227,141.847 Oct 2020 monthly Jan 2005 - Oct 2020
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) 1,213.6 Sep 2020 quarterly Mar 1993 - Sep 2020
Current Account Balance: % of GDP (%) 5.0 Sep 2020 quarterly Mar 1993 - Sep 2020
Foreign Direct Investment (USD mn) 473.2 Sep 2020 quarterly Mar 1993 - Sep 2020
Foreign Direct Investment: % of GDP (%) 2.0 Sep 2020 quarterly Mar 1993 - Sep 2020
Foreign Portfolio Investment: Debt Securities (USD mn) -1,100.525 Sep 2020 quarterly Mar 1999 - Sep 2020
Foreign Portfolio Investment (USD mn) -1,100.108 Sep 2020 quarterly Mar 1999 - Sep 2020
Foreign Portfolio Investment: % of GDP (%) -4.6 Sep 2020 quarterly Mar 1999 - Sep 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 0.4 Sep 2020 quarterly Mar 1999 - Sep 2020
External Debt (USD mn) 55,409.0 Dec 2020 monthly Jan 1994 - Dec 2020
External Debt: % of GDP (%) 48.5 2019 yearly 1970 - 2019
External Debt: Short Term (USD mn) 692.2 Sep 2020 quarterly Mar 2004 - Sep 2020
External Debt: Short Term: % of GDP (%) 0.6 2019 yearly 1970 - 2019
Forecast: Current Account Balance (USD bn) 0.697 2025 yearly 1980 - 2025
Net International Investment Position (USD) -24,997,524,840.738 Sep 2020 quarterly Mar 2016 - Sep 2020
BoP: CA: Goods & Services: Goods (USD mn) 1,107.617 Sep 2020 quarterly Mar 2016 - Sep 2020
BoP: CA: Goods & Services: Services (USD mn) -225.606 Sep 2020 quarterly Mar 2016 - Sep 2020
External Debt: Public (USD mn) 42,177.918 Oct 2020 monthly Jan 1994 - Oct 2020
External Debt: Private (USD mn) 10,409.762 Oct 2020 monthly Jan 1994 - Oct 2020
Gross External Debt (USD mn) 51,346.497 Jun 2020 quarterly Mar 2004 - Jun 2020
Gross External Debt: Long Term (USD mn) 49,294.768 Sep 2020 quarterly Mar 2004 - Sep 2020
Foreign Direct Investment: BPM6 (USD th) 473,152.290 Sep 2020 quarterly Mar 2016 - Sep 2020
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 (%) 4.0 Jan 2021 monthly Jan 2006 - Jan 2021
Household Debt: % of GDP (%) 13.4 Sep 2020 quarterly Dec 2006 - Sep 2020
Non-Performing Loans (USD mn) 1,781.280 Jan 2021 monthly Jan 2006 - Jan 2021
Money Supply M1 (USD mn) 28,409.496 Dec 2020 monthly Dec 2006 - Dec 2020
Money Supply M2 (USD mn) 63,821.316 Dec 2020 monthly Dec 2006 - Dec 2020
M2 Growth (%) 10.1 Dec 2020 monthly Dec 2007 - Dec 2020
Reserve Requirement Ratio (%) 2.0 Jan 2021 monthly Dec 2009 - Jan 2021
Foreign Exchange Reserves (USD mn) 4,644.0 Jan 2021 monthly Dec 1956 - Jan 2021
Foreign Exchange Reserves: % of GDP (%) 1.434 Sep 2020 quarterly Dec 2000 - Sep 2020
Foreign Exchange Reserves: Months of Import (NA) 2.9 Dec 2020 monthly Jan 2005 - Dec 2020
Gold Reserves (USD mn) 1,873.559 Jan 2021 monthly Dec 1956 - Jan 2021
Total Deposits Growth (%) 11.1 Jan 2021 monthly Jan 2007 - Jan 2021
Total Deposits (USD mn) 45,383.380 Jan 2021 monthly Jan 2006 - Jan 2021
Domestic Credit (USD mn) 48,166.7 Dec 2020 monthly Jan 2006 - Dec 2020
Domestic Credit Growth (%) 4.6 Jan 2021 monthly Jan 2007 - Jan 2021
Household Debt (USD mn) 13,811.5 Jan 2021 monthly Oct 2006 - Jan 2021
Total Loans (USD mn) 43,255.770 Jan 2021 monthly Jan 2006 - Jan 2021
Total Loans Growth (%) 1.37 Oct 2020 monthly Jan 2007 - Oct 2020
Private Debt: % of Nominal GDP (%) 43.84 Sep 2020 quarterly Mar 2004 - Sep 2020
EC: Financial Survey: MFSM 2000: Deposits (USD mn) 48,465.126 Dec 2020 monthly Jul 2002 - Dec 2020
EC: Financial Survey: MFSM 2000: Loans (USD mn) 73.890 Dec 2020 monthly Jul 2002 - Dec 2020
International Reserve: Net Currency Position (USD mn) 4,643.994 Jan 2021 monthly Jan 2004 - Jan 2021
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) 1.0 Oct 2020 monthly May 2008 - Oct 2020
Business Confidence Index: Global (May2007=100) 1,463.200 Sep 2020 monthly May 2007 - Sep 2020
Business Confidence Index: Industry (May2007=100) 2,357.600 Sep 2020 monthly May 2007 - Sep 2020
Business Confidence Index: Commerce (May2007=100) 1,894.700 Sep 2020 monthly May 2007 - Sep 2020
Business Confidence Index: Construction (May2007=100) 527.800 Sep 2020 monthly May 2007 - Sep 2020
Business Confidence Index: Services (May2007=100) 1,198.100 Oct 2020 monthly May 2007 - Oct 2020

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