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  3. Ecuador

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 -2.4 % 1Q/20
GDP Growth Rate -2.11 % 1Q/20
GDP per capita 5097 USD 2019
Inflation Rate YoY -0.76 % Aug/20
Interest Rate 9.12 % Jun/20
Unemployment Rate 4.9 % 4Q/19
Wages 467 USD/Month 2020
Balance of Trade 182692 USD Thousand | 0.183 B USD Jul/20
Current Account 395 USD Million | 0.395 B USD 1Q/20
Foreign Exchange Reserves 3258 USD Million | 3.258 B USD Aug/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 -2.4 % 1Q/20
GDP Growth Rate -2.11 % 1Q/20
GDP per capita 5097 USD 2019
GDP Constant Prices 17523048 USD Thousand | 17.523 B USD 1Q/20
GDP per capita PPP 11375 USD 2019
GDP From Agriculture  1413900 USD Thousand | 1.414 B USD 1Q/20
GDP From Construction  1370957 USD Thousand | 1.371 B USD 1Q/20
GDP From Manufacturing  2111574 USD Thousand | 2.112 B USD 1Q/20
GDP From Mining  1620768 USD Thousand | 1.621 B USD 1Q/20
GDP From Public Administration  1078521 USD Thousand | 1.079 B USD 1Q/20
GDP From Services  1096055 USD Thousand | 1.096 B USD 1Q/20
GDP From Transport  1236182 USD Thousand | 1.236 B USD 1Q/20
GDP From Utilities  580301 USD Thousand | 0.58 B USD 1Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 49.4 % 2019
Government Budget Value -153 USD Million | -0.153 USD Billion Jul/20
Government Spending 2639153 USD Thousand | 2.639 USD Billion 1Q/20
Government Revenues 1038 USD Million | 1.038 USD Billion Jul/20
Fiscal Expenditure  1191 USD Million | 1.191 B USD Jul/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) 105 index points Aug/20
Food Inflation 0.48 % Aug/20
Inflation Rate YoY -0.76 % Aug/20
Producer Prices 101 index points Aug/20
Inflation Rate Mom -0.61 % Jul/20
CPI Housing Utilities 116 Index Points Aug/20
CPI Transportation 105 Index Points Aug/20
Producer Prices Change  -1.3 % Jul/20


Trade Indicators

Indicator Data Period
Current Account to GDP -0.1 % 2019
Balance of Trade 182692 USD Thousand | 0.183 USD Billion Jul/20
Capital Flows 368 USD Million | 0.368 USD Billion 1Q/20
Current Account 395 USD Million | 0.395 USD Billion 1Q/20
Exports 1605320 USD Thousand | 1.605 USD Billion Jul/20
Foreign Exchange Reserves 3258 USD Million | 3.258 USD Billion Aug/20
Imports 1422628 USD Thousand | 1.423 USD Billion Jul/20


Money Indicators

Indicator Data Period
Gold Reserves 21.9 Tonnes 2Q/20
Interbank Rate 2.1 % Sep/20
Interest Rate 9.12 % Jun/20
Loans to Private Sector 17039 USD Million | 17.039 USD Billion Jun/20
Money Supply M1 27141 USD Million | 27.141 USD Billion Jul/20
Money Supply M2 59499 USD Million | 59.499 USD Billion Jul/20
Deposit Interest Rate 4.4 % 2019
Foreign Direct Investment 202 USD Million | 0.202 B USD 1Q/20
Private Sector Credit  29661 USD Million | 29.661 B USD Jul/20


Labor Indicators

Indicator Data Period
Minimum Wages 394 USD/Month 2019
Unemployment Rate 4.9 % 4Q/19
Wages 467 USD/Month 2020
Employment Rate  48.02 % 4Q/19
Labor Force Participation Rate 62.3 % 4Q/19
Wages in Manufacturing 450 USD/Month 2Q/19


Taxes

Indicator Data Period
Corporate Tax Rate 25 % 2020
Personal Income Tax Rate 35 % 2020
Sales Tax Rate 12 % 2020
Social Security Rate 20.6 % 2020
Social Security Rate For Companies 11.15 % 2020
Social Security Rate For Employees 9.45 % 2020


Production Indicators

Indicator Data Period
Crude Oil Production 335 BBL/D/1K May/20
Industrial Production -3.73 % Feb/16
Steel Production 20 Thousand Tonnes Jul/20


Business Indicators

Indicator Data Period
Business Confidence 1432 index points Jul/20
Corruption Index 38 index points 2019
Corruption Rank 93 place 2019
Ease of Doing Business 129 place 2019
Manufacturing Production 38.2 % Jun/20
Competitiveness Index 55.74 Index Points 2019
Competitiveness Rank 90 2019
Leading Economic Index  -28.8 % May/20


Consumer Indicators

Indicator Data Period
Consumer Confidence 37.1 index points Feb/20
Consumer Credit 27317 USD Million | 27.317 USD Billion Jun/20
Consumer Spending 11085291 USD Thousand | 11.085 USD Billion 1Q/20


Gold Reserves
gold_reserve_icon
21.9
Tonnes
#65 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
3.258
USD Billion
#83 from 114 countries


Government Budget Value
balance_icon
-0.153
USD Billion
#73 from 113 countries
Inflation Rate
inflation_icon
-0.76
%
#154 from 174 countries


Interest Rate
discount_rate_icon
9.12
%
#35 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
4.9
%
#88 from 171 countries
Wages
salary_icon
467
USD/Month
#63 from 82 countries


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