Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0
Latest: Switzerland 14:30 SNB Chairman Thomas Jordan speaks Forecast: 0
Latest: Euro Area 10:00 EU Leaders Summit Forecast: 0
Latest: Kenya 14:00 GDP (QoQ) Forecast: 0 % Actual: -1.1%

Economy of Ecuador. Statistics, Data and Indicators

flag
Ecuador
29B- Credit rank #95
N/A Quality of life #
92 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 -7.2 % 4Q/20
GDP Growth Rate 0.57 % 4Q/20
GDP per capita 5097 USD 2019
Inflation Rate YoY -1.13 % May/21
Interest Rate 9.33 % Apr/21
Unemployment Rate 6.1 % 4Q/20
Wages 467 USD/Month 2020
Balance of Trade 43552 USD Thousand | 0.044 B USD Mar/21
Current Account 766 USD Million | 0.766 B USD 4Q/20
Foreign Exchange Reserves 5923 USD Million | 5.923 B USD May/21


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 -7.2 % 4Q/20
GDP Growth Rate 0.57 % 4Q/20
GDP per capita 5097 USD 2019
GDP Constant Prices 16532359 USD Thousand | 16.532 B USD 4Q/20
GDP per capita PPP 11375 USD 2019
GDP From Agriculture  1351482 USD Thousand | 1.351 B USD 4Q/20
GDP From Construction  1282859 USD Thousand | 1.283 B USD 4Q/20
GDP From Manufacturing  1933172 USD Thousand | 1.933 B USD 4Q/20
GDP From Mining  1531898 USD Thousand | 1.532 B USD 4Q/20
GDP From Public Administration  1103355 USD Thousand | 1.103 B USD 4Q/20
GDP From Services  1025098 USD Thousand | 1.025 B USD 4Q/20
GDP From Transport  1177581 USD Thousand | 1.178 B USD 4Q/20
GDP From Utilities  516231 USD Thousand | 0.516 B USD 4Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 68.9 % 2020
Government Budget Value 781 USD Million | 0.781 USD Billion Apr/21
Government Spending 2538849 USD Thousand | 2.539 USD Billion 4Q/20
Government Revenues 2292 USD Million | 2.292 USD Billion Apr/21
Fiscal Expenditure  1511 USD Million | 1.511 B USD Apr/21
Government Budget to GDP -8.9 % 2020
Military Expenditure 2244 USD Million | 2.244 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 105 index points May/21
Food Inflation -3.19 % May/21
Inflation Rate YoY -1.13 % May/21
Producer Prices 101 index points May/21
Inflation Rate Mom 0.08 % May/21
CPI Housing Utilities 116 Index Points May/21
CPI Transportation 110 Index Points May/21
Producer Prices Change  -1.64 % Mar/21


Trade Indicators

Indicator Data Period
Current Account to GDP 2.6 % 2020
Balance of Trade 43552 USD Thousand | 0.044 USD Billion Mar/21
Capital Flows 1007 USD Million | 1.007 USD Billion 4Q/20
Current Account 766 USD Million | 0.766 USD Billion 4Q/20
Exports 2099305 USD Thousand | 2.099 USD Billion Apr/21
Foreign Exchange Reserves 5923 USD Million | 5.923 USD Billion May/21
Imports 1935006 USD Thousand | 1.935 USD Billion Apr/21


Money Indicators

Indicator Data Period
Gold Reserves 21.93 Tonnes 1Q/21
Interbank Rate 1.3 % Jun/21
Interest Rate 9.33 % Apr/21
Loans to Private Sector 17726 USD Million | 17.726 USD Billion Feb/21
Money Supply M1 28242 USD Million | 28.242 USD Billion Apr/21
Money Supply M2 64332 USD Million | 64.332 USD Billion Apr/21
Deposit Interest Rate 4.78 % 2020
Foreign Direct Investment 95.04 USD Million | 0.095 B USD 4Q/20
Private Sector Credit  31069 USD Million | 31.069 B USD Apr/21


Labor Indicators

Indicator Data Period
Minimum Wages 400 USD/Month 2020
Unemployment Rate 6.1 % 4Q/20
Wages 467 USD/Month 2020
Employment Rate  37.4 % 4Q/20
Labor Force Participation Rate 61.8 % 1Q/21
Wages in Manufacturing 450 USD/Month 2Q/19


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 509 BBL/D/1K Jan/21
Industrial Production -3.73 % Feb/16
Steel Production 50 Thousand Tonnes Dec/20


Business Indicators

Indicator Data Period
Business Confidence 1465 index points Nov/20
Corruption Index 39 index points 2020
Corruption Rank 92 place 2020
Ease of Doing Business 129 place 2019
Manufacturing Production 30.32 % Sep/20
Competitiveness Index 55.74 Index Points 2019
Competitiveness Rank 90 2019
Leading Economic Index  -2.1 % Feb/21


Consumer Indicators

Indicator Data Period
Consumer Confidence 31.54 index points Mar/21
Consumer Credit 28257 USD Million | 28.257 USD Billion Feb/21
Consumer Spending 10385181 USD Thousand | 10.385 USD Billion 4Q/20


Gold Reserves
gold_reserve_icon
21.93
Tonnes
#65 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
5.923
USD Billion
#83 from 114 countries


Government Budget Value
balance_icon
0.781
USD Billion
#73 from 113 countries
Inflation Rate
inflation_icon
-1.13
%
#154 from 174 countries


Interest Rate
discount_rate_icon
9.33
%
#35 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
6.1
%
#88 from 171 countries
Wages
salary_icon
467
USD/Month
#63 from 82 countries