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Economy of Ecuador. Statistics, Data and Indicators

flag
Ecuador
29B- Credit rank #95
N/A Quality of life #
93 Corruption rank#105
129 Ease of doing business#111
Ecuador


Ecuador Major Economic Indicators

Indicator Data Period
GDP Value 107 USD Billion 2019
GDP Annual Growth Rate -12.4 % 2Q/20
GDP Growth Rate -9.97 % 2Q/20
GDP per capita 5097 USD 2019
Inflation Rate YoY -1.6 % Oct/20
Interest Rate 9.02 % Sep/20
Unemployment Rate 6.6 % 3Q/20
Wages 467 USD/Month 2020
Balance of Trade 331674 USD Thousand | 0.332 B USD Sep/20
Current Account 255 USD Million | 0.255 B USD 2Q/20
Foreign Exchange Reserves 5518 USD Million | 5.518 B USD Oct/20


GDP
vvp
107
USD Billion
#64 from 174 countries
GDP per capita
vvp
5097
USD
#92 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 107 USD Billion 2019
GDP Annual Growth Rate -12.4 % 2Q/20
GDP Growth Rate -9.97 % 2Q/20
GDP per capita 5097 USD 2019
GDP Constant Prices 15789815 USD Thousand | 15.79 B USD 2Q/20
GDP per capita PPP 11375 USD 2019
GDP From Agriculture  1371526 USD Thousand | 1.372 B USD 2Q/20
GDP From Construction  1282765 USD Thousand | 1.283 B USD 2Q/20
GDP From Manufacturing  1922915 USD Thousand | 1.923 B USD 2Q/20
GDP From Mining  1148217 USD Thousand | 1.148 B USD 2Q/20
GDP From Public Administration  1016417 USD Thousand | 1.016 B USD 2Q/20
GDP From Services  1075206 USD Thousand | 1.075 B USD 2Q/20
GDP From Transport  935509 USD Thousand | 0.936 B USD 2Q/20
GDP From Utilities  557464 USD Thousand | 0.557 B USD 2Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 49.4 % 2019
Government Budget Value -120 USD Million | -0.12 USD Billion Sep/20
Government Spending 2470601 USD Thousand | 2.471 USD Billion 2Q/20
Government Revenues 1409 USD Million | 1.409 USD Billion Sep/20
Fiscal Expenditure  1529 USD Million | 1.529 B USD Sep/20
Government Budget to GDP -3 % 2018
Military Expenditure 2554 USD Million | 2.554 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 104 index points Oct/20
Food Inflation -1.67 % Oct/20
Inflation Rate YoY -1.6 % Oct/20
Producer Prices 102 index points Oct/20
Inflation Rate Mom -0.19 % Oct/20
CPI Housing Utilities 116 Index Points Oct/20
CPI Transportation 106 Index Points Oct/20
Producer Prices Change  -1.6 % Oct/20


Trade Indicators

Indicator Data Period
Current Account to GDP -0.1 % 2019
Balance of Trade 331674 USD Thousand | 0.332 USD Billion Sep/20
Capital Flows 404 USD Million | 0.404 USD Billion 2Q/20
Current Account 255 USD Million | 0.255 USD Billion 2Q/20
Exports 1757621 USD Thousand | 1.758 USD Billion Sep/20
Foreign Exchange Reserves 5518 USD Million | 5.518 USD Billion Oct/20
Imports 1425947 USD Thousand | 1.426 USD Billion Sep/20


Money Indicators

Indicator Data Period
Gold Reserves 21.93 Tonnes 3Q/20
Interbank Rate 2.1 % Dec/20
Interest Rate 9.02 % Sep/20
Loans to Private Sector 17067 USD Million | 17.067 USD Billion Aug/20
Money Supply M1 27321 USD Million | 27.321 USD Billion Oct/20
Money Supply M2 61464 USD Million | 61.464 USD Billion Oct/20
Deposit Interest Rate 4.4 % 2019
Foreign Direct Investment 90.84 USD Million | 0.091 B USD 2Q/20
Private Sector Credit  29576 USD Million | 29.576 B USD Sep/20


Labor Indicators

Indicator Data Period
Minimum Wages 394 USD/Month 2019
Unemployment Rate 6.6 % 3Q/20
Wages 467 USD/Month 2020
Employment Rate  39.3 % 3Q/20
Labor Force Participation Rate 60.1 % 3Q/20
Wages in Manufacturing 450 USD/Month 2Q/19


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 521 BBL/D/1K Jul/20
Industrial Production -3.73 % Feb/16
Steel Production 40 Thousand Tonnes Oct/20


Business Indicators

Indicator Data Period
Business Confidence 1463 index points Sep/20
Corruption Index 38 index points 2019
Corruption Rank 93 place 2019
Ease of Doing Business 129 place 2019
Manufacturing Production 20.66 % Aug/20
Competitiveness Index 55.74 Index Points 2019
Competitiveness Rank 90 2019
Leading Economic Index  -5.3 % Aug/20


Consumer Indicators

Indicator Data Period
Consumer Confidence 37.1 index points Feb/20
Consumer Credit 27380 USD Million | 27.38 USD Billion Sep/20
Consumer Spending 9950771 USD Thousand | 9.951 USD Billion 2Q/20


Gold Reserves
gold_reserve_icon
21.93
Tonnes
#65 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
5.518
USD Billion
#83 from 114 countries


Government Budget Value
balance_icon
-0.12
USD Billion
#73 from 113 countries
Inflation Rate
inflation_icon
-1.6
%
#154 from 174 countries


Interest Rate
discount_rate_icon
9.02
%
#35 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
6.6
%
#88 from 171 countries
Wages
salary_icon
467
USD/Month
#63 from 82 countries