Ecuador Public Consumption: % of GDP
Key information about Ecuador Public Consumption: % of GDP
- Ecuador Public Consumption accounted for 13.3 % of its Nominal GDP in Dec 2023, compared with a share of 14.0 % in the previous quarter.
- Ecuador Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1991 to Dec 2023, with an average number of 12.0 %.
- The data reached an all-time high of 19.4 % in Jun 2020 and a record low of 4.9 % in Mar 2000.
CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The Central Bank of Ecuador provides Government Consumption Expenditure in USD and Nominal GDP in USD. Government Consumption as % of Nominal GDP prior to Q1 2000 is sourced from the International Monetary Fund.
Related information about Ecuador Public Consumption: % of GDP
- In the latest reports, Ecuador GDP expanded 0.7 % YoY in Mar 2023.
- Ecuador Nominal GDP reached 28.9 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 1.9 % in Mar 2023.
- Ecuador GDP Per Capita reached 5,670.3 USD in Dec 2020.
- Its Gross Savings Rate was measured at 22.7 % in Dec 2023.
- For Nominal GDP contributions, Investment accounted for 21.3 % in Mar 2023.
- Private Consumption accounted for 63.1 % in Mar 2023.
View Ecuador's Public Consumption: % of GDP from Mar 1991 to Dec 2023 in the chart:
What was Ecuador's Public Consumption: % of GDP in Dec 2023?
Ecuador Public Consumption accounted for 13.3 % of its Nominal GDP in Dec 2023, compared with a share of 14.0 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
13.3 Dec 2023 | 14.0 Sep 2023 | 4.9 Mar 2000 | 19.4 Jun 2020 | % | quarterly | Mar 1991 - Dec 2023 |
Public Consumption: % of GDP by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 9.4 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Algeria (%) | 2.3 2022 | yearly | 1950 - 2022 |
Argentina (%) | 15.7 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Armenia (%) | 16.1 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
Australia (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
Austria (%) | 20.7 Jun 2023 | quarterly | Mar 1988 - Jun 2023 |
Azerbaijan (%) | 16.4 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Bahrain (%) | 15.8 2021 | yearly | 1975 - 2021 |
Bangladesh (%) | 5.7 2023 | yearly | 1973 - 2023 |
Belarus (%) | 18.9 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Belgium (%) | 24.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Bolivia (%) | 20.7 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
Bosnia and Herzegovina (%) | 20.0 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Botswana (%) | 31.8 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
Brazil (%) | 21.0 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Brunei (%) | 17.6 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
Bulgaria (%) | 20.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (%) | 7.4 2022 | yearly | 1993 - 2022 |
Canada (%) | 21.2 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
Chile (%) | 15.7 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
China (%) | 15.9 2021 | yearly | 1952 - 2021 |
Colombia (%) | 18.2 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Croatia (%) | 24.3 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Cyprus (%) | 22.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (%) | 22.8 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Ecuador (%) | 13.3 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Egypt (%) | 6.0 Dec 2023 | quarterly | Sep 2001 - Dec 2023 |
Estonia (%) | 23.5 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
European Union (%) | 22.0 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
France (%) | 23.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Georgia (%) | 12.7 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Germany (%) | 22.6 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ghana (%) | 5.9 2023 | yearly | 2006 - 2023 |
Greece (%) | 21.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Hong Kong SAR, China (%) | 13.7 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
Hungary (%) | 19.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Iceland (%) | 27.5 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
India (%) | 8.5 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
Indonesia (%) | 9.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Iran (%) | 10.7 Sep 2023 | quarterly | Jun 1988 - Sep 2023 |
Ireland (%) | 11.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Israel (%) | 26.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Italy (%) | 19.6 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Ivory Coast (%) | 9.6 2023 | yearly | 1960 - 2023 |
Japan (%) | 20.4 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Jordan (%) | 18.4 2022 | yearly | 1963 - 2022 |
Kazakhstan (%) | 8.7 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Kenya (%) | 12.3 2022 | yearly | 1960 - 2022 |
South Korea (%) | 17.6 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
Kosovo (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Kuwait (%) | 24.8 2019 | yearly | 1962 - 2019 |
Kyrgyzstan (%) | 17.9 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
Latvia (%) | 19.5 Jun 2023 | quarterly | Mar 1992 - Jun 2023 |
Lebanon (%) | 15.7 2020 | yearly | 1990 - 2020 |
Lithuania (%) | 20.0 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Luxembourg (%) | 22.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Macau SAR, China (%) | 14.6 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
North Macedonia (%) | 17.7 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Malawi (%) | 13.9 2019 | yearly | 1960 - 2019 |
Malaysia (%) | 14.5 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Malta (%) | 18.8 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Mauritius (%) | 12.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Mexico (%) | 10.9 Sep 2023 | quarterly | Mar 1993 - Sep 2023 |
Moldova (%) | 18.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Montenegro (%) | 13.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Morocco (%) | 18.4 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Mozambique (%) | 16.7 2022 | yearly | 1963 - 2022 |
Nepal (%) | 5.4 2023 | yearly | 1975 - 2023 |
Netherlands (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
New Zealand (%) | 20.7 Dec 2023 | quarterly | Jun 1987 - Dec 2023 |
Nigeria (%) | 4.4 2022 | yearly | 1981 - 2022 |
Norway (%) | 21.4 Dec 2023 | quarterly | Mar 1978 - Dec 2023 |
Oman (%) | 17.9 2022 | yearly | 1980 - 2022 |
Pakistan (%) | 9.7 2023 | yearly | 1960 - 2023 |
Palestinian Territory (%) | 20.1 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
Paraguay (%) | 13.6 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Peru (%) | 14.9 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Philippines (%) | 13.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Poland (%) | 20.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Portugal (%) | 20.4 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
Romania (%) | 16.8 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Russia (%) | 17.5 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Saudi Arabia (%) | 27.6 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
Serbia (%) | 16.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Singapore (%) | 10.2 2023 | yearly | 1960 - 2023 |
Slovakia (%) | 24.6 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
Slovenia (%) | 19.8 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
South Africa (%) | 19.8 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
Spain (%) | 19.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Sri Lanka (%) | 5.9 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
Sudan (%) | 17.9 2022 | yearly | 1960 - 2022 |
Sweden (%) | 25.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
Switzerland (%) | 11.4 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Syria (%) | 10.9 2021 | yearly | 1963 - 2021 |
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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: Revenue (USD mn) | 1,866.778 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Central Government: Expenditure excl Amortization (USD mn) | 1,461.865 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: America: ALADI: Panama (USD mn) | 514.061 Feb 2024 | monthly | Jan 2012 - Feb 2024 |
Exports: FOB: Asia: People's Republic of China (USD mn) | 293.108 Feb 2024 | monthly | Jan 2007 - 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 (USD mn) | 59,480.153 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Gross External Debt: Long Term (USD mn) | 57,533.038 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: 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 |
Business Confidence Index: Construction (May2007=100) | 478.600 Dec 2022 | monthly | May 2007 - Dec 2022 |
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