Ecuador Real GDP Growth

1994 - 2021 | Quarterly | % | CEIC Data

Key information about Ecuador Real GDP Growth

  • The Gross Domestic Product (GDP) in Ecuador expanded 4.9 % YoY in Dec 2021, following a growth of 5.5 % in the previous quarter.
  • Real GDP Growth YoY data in Ecuador is updated quarterly, available from Mar 1994 to Dec 2021, with an average rate of 3.6 %.
  • The data reached an all-time high of 11.6 % in Jun 2021 and a record low of -13.9 % in Jun 2020.
CEIC calculates Real GDP Growth from quarterly Real GDP. The Central Bank of Ecuador provides Real GDP in USD, at 2007 prices.


Related information about Ecuador Real GDP Growth

  • In the latest reports, Nominal GDP of Ecuador reached 27.7 USD bn in Dec 2021.
  • Its GDP deflator (implicit price deflator) increased 4.8 % in Dec 2021.
  • GDP Per Capita in Ecuador reached 5,627.8 USD in Dec 2020.
  • Its Gross Savings Rate was measured at 23.1 % in Dec 2021.
  • For Nominal GDP contributions, Investment accounted for 21.9 % in Dec 2021.
  • Public Consumption accounted for 15.5 % in Dec 2021.
  • Private Consumption accounted for 61.4 % in Dec 2021.

View Ecuador's Real GDP Growth from Mar 1994 to Dec 2021 in the chart:

Ecuador Real GDP Growth

What was Ecuador's Real GDP Growth in Dec 2021?

The Gross Domestic Product (GDP) in Ecuador expanded 4.9 % YoY in Dec 2021, following a growth of 5.5 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.9 Dec 2021 5.5 Sep 2021 -13.9 Jun 2020 11.6 Jun 2021 % quarterly Mar 1994 - Dec 2021

Real GDP Growth by Country Comparison

Buy Selected Data

Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 6.0 Mar 2022 quarterly Mar 2010 - Mar 2022
Algeria (%) 3.1 Dec 2021 quarterly Mar 2012 - Dec 2021
Argentina (%) 6.1 Mar 2022 quarterly Mar 2005 - Mar 2022
Armenia (%) 8.6 Mar 2022 quarterly Mar 2001 - Mar 2022
Australia (%) 3.3 Mar 2022 quarterly Sep 1960 - Mar 2022
Austria (%) 8.7 Mar 2022 quarterly Mar 1989 - Mar 2022
Azerbaijan (%) 6.8 Mar 2022 quarterly Mar 2001 - Mar 2022
Bahrain (%) 5.5 Mar 2022 quarterly Mar 2009 - Mar 2022
Bangladesh (%) 7.2 2022 yearly 2007 - 2022
Belarus (%) 1.1 Dec 2021 quarterly Mar 2006 - Dec 2021
Belgium (%) 4.9 Mar 2022 quarterly Mar 1996 - Mar 2022
Bolivia (%) 0.2 Dec 2021 quarterly Mar 1991 - Dec 2021
Bosnia and Herzegovina (%) 5.5 Mar 2022 quarterly Mar 2009 - Mar 2022
Botswana (%) 7.0 Mar 2022 quarterly Mar 1995 - Mar 2022
Brazil (%) 1.5 Mar 2022 quarterly Mar 1997 - Mar 2022
Brunei (%) -1.4 Dec 2021 quarterly Mar 2005 - Dec 2021
Bulgaria (%) 4.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Cambodia (%) 3.0 2021 yearly 1994 - 2021
Canada (%) 2.9 Mar 2022 quarterly Mar 1962 - Mar 2022
Chile (%) 6.9 Mar 2022 quarterly Mar 1987 - Mar 2022
China (%) 0.4 Jun 2022 quarterly Mar 1992 - Jun 2022
Colombia (%) 8.2 Mar 2022 quarterly Mar 2001 - Mar 2022
Croatia (%) 7.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Cyprus (%) 5.6 Mar 2022 quarterly Mar 1996 - Mar 2022
Czech Republic (%) 4.9 Mar 2022 quarterly Mar 1996 - Mar 2022
Denmark (%) 6.2 Mar 2022 quarterly Mar 1992 - Mar 2022
Ecuador (%) 4.9 Dec 2021 quarterly Mar 1994 - Dec 2021
Egypt (%) 5.4 Mar 2022 quarterly Sep 2002 - Mar 2022
Estonia (%) 4.7 Mar 2022 quarterly Mar 1996 - Mar 2022
European Union (%) 4.0 Jun 2022 quarterly Mar 1996 - Jun 2022
Finland (%) 3.8 Mar 2022 quarterly Mar 1976 - Mar 2022
France (%) 4.2 Jun 2022 quarterly Mar 1950 - Jun 2022
Georgia (%) 14.9 Mar 2022 quarterly Mar 1998 - Mar 2022
Germany (%) 1.5 Jun 2022 quarterly Mar 1992 - Jun 2022
Ghana (%) 0.9 Mar 2022 quarterly Jun 2006 - Mar 2022
Greece (%) 7.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Hong Kong SAR, China (%) -4.0 Mar 2022 quarterly Mar 1991 - Mar 2022
Hungary (%) 8.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Iceland (%) 7.3 Mar 2022 quarterly Mar 1996 - Mar 2022
India (%) 4.1 Mar 2022 quarterly Jun 2005 - Mar 2022
Indonesia (%) 5.0 Mar 2022 quarterly Mar 1994 - Mar 2022
Iran (%) 7.2 Dec 2021 quarterly Jun 1989 - Dec 2021
Ireland (%) 10.0 Dec 2021 quarterly Mar 1996 - Dec 2021
Israel (%) 9.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Italy (%) 6.2 Mar 2022 quarterly Mar 1982 - Mar 2022
Ivory Coast (%) 6.5 2021 yearly 1966 - 2021
Japan (%) 0.7 Mar 2022 quarterly Mar 1956 - Mar 2022
Jordan (%) 2.5 Mar 2022 quarterly Mar 1993 - Mar 2022
Kazakhstan (%) 3.9 Mar 2022 quarterly Mar 2006 - Mar 2022
Kenya (%) 7.2 Mar 2022 quarterly Mar 2010 - Mar 2022
South Korea (%) 2.9 Jun 2022 quarterly Mar 1961 - Jun 2022
Kosovo (%) 4.9 Mar 2022 quarterly Mar 2011 - Mar 2022
Kuwait (%) 4.7 Dec 2020 quarterly Jun 2010 - Dec 2020
Kyrgyzstan (%) 4.5 Mar 2022 quarterly Mar 2007 - Mar 2022
Laos (%) 3.5 2021 yearly 2003 - 2021
Latvia (%) 2.5 Jun 2022 quarterly Mar 1996 - Jun 2022
Lebanon (%) -25.9 2020 yearly 2005 - 2020
Lithuania (%) 4.8 Dec 2021 quarterly Jun 1995 - Dec 2021
Luxembourg (%) 4.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Macau SAR, China (%) -8.9 Mar 2022 quarterly Mar 2002 - Mar 2022
North Macedonia (%) 2.4 Mar 2022 quarterly Mar 2001 - Mar 2022
Malawi (%) 4.0 2018 yearly 2003 - 2018
Malaysia (%) 5.0 Mar 2022 quarterly Mar 2001 - Mar 2022
Malta (%) 7.6 Mar 2022 quarterly Mar 2001 - Mar 2022
Mauritius (%) 6.2 Dec 2021 quarterly Mar 2001 - Dec 2021
Mexico (%) 1.8 Mar 2022 quarterly Mar 1981 - Mar 2022
Moldova (%) 1.1 Mar 2022 quarterly Mar 1996 - Mar 2022
Mongolia (%) -3.8 Mar 2022 quarterly Mar 2011 - Mar 2022
Montenegro (%) 7.2 Mar 2022 quarterly Mar 2011 - Mar 2022
Morocco (%) 0.3 Mar 2022 quarterly Mar 2008 - Mar 2022
Mozambique (%) 2.0 Dec 2018 quarterly Jun 2007 - Dec 2018
Myanmar (%) -5.9 2021 yearly 2011 - 2021
Nepal (%) -6.5 Jun 2021 quarterly Dec 2004 - Jun 2021
Netherlands (%) 6.6 Mar 2022 quarterly Mar 1997 - Mar 2022
New Zealand (%) 0.4 Mar 2022 quarterly Jun 1983 - Mar 2022
Nigeria (%) 3.1 Mar 2022 quarterly Mar 2011 - Mar 2022
Norway (%) 3.7 Mar 2022 quarterly Mar 1979 - Mar 2022
Oman (%) -3.2 2020 yearly 1999 - 2020
Pakistan (%) 6.2 2022 yearly 2001 - 2022
Palestinian Territory (%) -3.1 Mar 2022 quarterly Jun 2011 - Mar 2022
Panama (%) 13.6 Mar 2022 quarterly Mar 2008 - Mar 2022
Paraguay (%) -2.0 Mar 2022 quarterly Mar 1995 - Mar 2022
Peru (%) 3.8 Mar 2022 quarterly Mar 1981 - Mar 2022
Philippines (%) 8.2 Mar 2022 quarterly Mar 1999 - Mar 2022
Poland (%) 9.2 Mar 2022 quarterly Mar 1996 - Mar 2022
Portugal (%) 1.8 Jun 2019 quarterly Mar 1996 - Jun 2019
Qatar (%) 2.5 Mar 2022 quarterly Mar 2012 - Mar 2022
Romania (%) 6.4 Mar 2022 quarterly Mar 1996 - Mar 2022
Russia (%) 3.3 Mar 2022 quarterly Mar 1996 - Mar 2022
Saudi Arabia (%) 11.8 Jun 2022 quarterly Mar 2011 - Jun 2022
Serbia (%) 4.5 Sep 2019 quarterly Mar 1997 - Sep 2019
Singapore (%) 4.8 Jun 2022 quarterly Mar 1976 - Jun 2022
Slovakia (%) 3.0 Mar 2022 quarterly Mar 1994 - Mar 2022
Slovenia (%) 9.6 Mar 2022 quarterly Mar 1996 - Mar 2022
South Africa (%) 2.9 Mar 2022 quarterly Mar 1961 - Mar 2022
Spain (%) 6.3 Jun 2022 quarterly Mar 1996 - Jun 2022
Sri Lanka (%) -1.6 Mar 2022 quarterly Mar 2011 - Mar 2022
Sudan (%) -1.6 2020 yearly 1983 - 2020
Sweden (%) 4.2 Jun 2022 quarterly Mar 1982 - Jun 2022
Switzerland (%) 4.5 Mar 2022 quarterly Mar 1966 - Mar 2022

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 do

Ecuador Key Series

Buy Selected Data

Includes 173 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 (%) -1.0 Mar 2022 quarterly Dec 2000 - Mar 2022
Consolidated Fiscal Balance (USD mn) 700.258 Mar 2022 quarterly Mar 2000 - Mar 2022
Tax Revenue (USD mn) 4,087.804 Mar 2022 quarterly Mar 2000 - Mar 2022
Tax Revenue: % of GDP (%) 14.4 Mar 2022 quarterly Mar 2000 - Mar 2022
National Government Debt (USD mn) 62,859.4 Jun 2021 quarterly Dec 2005 - Jun 2021
Government Debt: % of GDP (%) 61.9 Jun 2021 quarterly Dec 2005 - Jun 2021
Forecast: Government Expenditure (USD bn) 37.689 2021 yearly 1995 - 2021
Forecast: Government Net Debt (USD bn) 66.075 2021 yearly 2001 - 2021
Forecast: Government Revenue (USD bn) 36.121 2021 yearly 1995 - 2021
Central Government: Balance (USD mn) 223.553 May 2022 monthly Jan 2006 - May 2022
Central Government: Revenue (USD mn) 1,759.034 May 2022 monthly Jan 2006 - May 2022
Central Government: Finance (USD mn) -223.553 May 2022 monthly Jan 2006 - May 2022
Central Government: Expenditure excl Amortization (USD mn) 1,535.481 May 2022 monthly Jan 2006 - May 2022
EC: Net Lending (+) / Net Borrowing (-) (USD mn) -7,481.560 2020 yearly 2019 - 2020
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.913 2027 yearly 1980 - 2027
Trade Balance (USD mn) 347.8 May 2022 monthly Mar 1992 - May 2022
Total Exports (USD mn) 2,891.6 Apr 2022 monthly Jan 1965 - Apr 2022
Total Exports Growth (%) 27.9 May 2022 monthly Jan 1966 - May 2022
Aluminum: Exports (USD th) 69,066.626 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 28,548.683 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 3,413.951 2021 yearly 1995 - 2021
Total Imports (USD mn) 2,884.0 Mar 2022 monthly Jan 1957 - Mar 2022
Total Imports Growth (%) 42.7 May 2022 monthly Jan 1958 - May 2022
Imports: Medicament (USD th) 883,167.326 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 646,225.545 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 1,039.867 May 2022 monthly Jan 2007 - May 2022
Total Imports from USA (USD mn) 645.356 May 2022 monthly Jan 1973 - May 2022
Total Exports to China (USD mn) 403.679 May 2022 monthly Jan 2007 - May 2022
Total Imports from China (USD mn) 414.071 May 2022 monthly May 1992 - May 2022
Terms of Trade Index: 2007=100 (2007=100) 106.001 May 2022 monthly Jan 2014 - May 2022
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) 808.0 Mar 2022 quarterly Mar 1993 - Mar 2022
Current Account Balance: % of GDP (%) 2.8 Mar 2022 quarterly Mar 1993 - Mar 2022
Foreign Direct Investment (USD mn) 138.3 Mar 2022 quarterly Mar 1993 - Mar 2022
Foreign Direct Investment: % of GDP (%) 0.5 Mar 2022 quarterly Mar 1993 - Mar 2022
Foreign Portfolio Investment (USD mn) 94.257 Mar 2022 quarterly Mar 1999 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) 0.3 Mar 2022 quarterly Mar 1999 - Mar 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 1.2 Mar 2022 quarterly Mar 1999 - Mar 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 93.068 Mar 2022 quarterly Mar 1999 - Mar 2022
External Debt (USD mn) 56,911.0 May 2022 monthly Jan 1994 - May 2022
External Debt: % of GDP (%) 54.1 2021 yearly 1970 - 2021
External Debt: Short Term (USD mn) 903.1 Dec 2021 quarterly Mar 2004 - Dec 2021
External Debt: Short Term: % of GDP (%) 0.9 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) 2.865 2027 yearly 1980 - 2027
Net International Investment Position (USD) -23,681,289,062.725 Mar 2022 quarterly Mar 2016 - Mar 2022
BoP: CA: Goods & Services: Services (USD mn) -798.608 Mar 2022 quarterly Mar 2016 - Mar 2022
BoP: CA: Goods & Services: Goods (USD mn) 1,043.058 Mar 2022 quarterly Mar 2016 - Mar 2022
Gross External Debt (USD mn) 58,325.178 Dec 2021 quarterly Mar 2004 - Dec 2021
Foreign Direct Investment: BPM6 (USD th) 138,320.511 Mar 2022 quarterly Mar 2016 - Mar 2022
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 (%) 4.2 Jun 2022 monthly Jan 2006 - Jun 2022
Household Debt: % of GDP (%) 14.1 Mar 2022 quarterly Dec 2006 - Mar 2022
Non-Performing Loans (USD mn) 2,249.650 Jun 2022 monthly Jan 2006 - Jun 2022
Money Supply M1 (USD mn) 29,594.130 May 2022 monthly Dec 2006 - May 2022
Money Supply M2 (USD mn) 71,141.794 May 2022 monthly Dec 2006 - May 2022
M2 Growth (%) 10.3 May 2022 monthly Dec 2007 - May 2022
Reserve Requirement Ratio (%) 2.0 Jun 2022 monthly Dec 2009 - Jun 2022
Foreign Exchange Reserves (USD mn) 7,004.6 Jul 2022 monthly Dec 1956 - Jul 2022
Foreign Exchange Reserves: % of GDP (%) 6.465 Mar 2022 quarterly Dec 2000 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 2.3 Apr 2022 monthly Jan 2005 - Apr 2022
Gold Reserves (USD mn) 1,904.345 Jul 2022 monthly Dec 1956 - Jul 2022
Total Deposits (USD mn) 52,750.247 Jun 2022 monthly Jan 2006 - Jun 2022
Total Deposits Growth (%) 12.1 Jun 2022 monthly Jan 2007 - Jun 2022
Domestic Credit (USD mn) 60,172.8 Jun 2022 monthly Jan 2006 - Jun 2022
Domestic Credit Growth (%) 13.5 Jun 2022 monthly Jan 2007 - Jun 2022
Household Debt (USD mn) 15,864.1 Jun 2022 monthly Oct 2006 - Jun 2022
Total Loans (USD mn) 53,309.555 Jun 2022 monthly Jan 2006 - Jun 2022
Total Loans Growth (%) 18.24 Jun 2022 monthly Jan 2007 - Jun 2022
Private Debt: % of Nominal GDP (%) 49.27 Mar 2022 quarterly Mar 2004 - Mar 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) 9.2 May 2022 monthly May 2008 - May 2022
Business Confidence Index: Global (May2007=100) 1,601.600 May 2022 monthly May 2007 - May 2022
Business Confidence Index: Services (May2007=100) 1,321.400 Jun 2022 monthly May 2007 - Jun 2022
Business Confidence Index: Industry (May2007=100) 2,588.500 Jun 2022 monthly May 2007 - Jun 2022
Business Confidence Index: Construction (May2007=100) 441.200 Jun 2022 monthly May 2007 - Jun 2022
Business Confidence Index: Commerce (May2007=100) 2,087.700 Jun 2022 monthly May 2007 - Jun 2022

More Indicators for Ecuador

Check out our pricing options.

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

View pricing options

CEIC Flex

from $49

Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.

View this option

CEIC Unlimited

Request a Demo

Full and unlimited access to CEIC data for multiple users. Suitable for enterprise usage. Available via annual subscription to one or more of CEIC’s global and premium databases.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data