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Economy of Ecuador. Statistics, Data and Indicators

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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 98.81 USD Billion 2020
GDP Annual Growth Rate -7.2 % 4Q/20
GDP Growth Rate 0.68 % 1Q/21
GDP per capita 4628 USD 2020
Inflation Rate YoY -0.69 % Jun/21
Interest Rate 9.33 % May/21
Unemployment Rate 6.1 % 4Q/20
Wages 467 USD/Month 2020
Balance of Trade 333387 USD Thousand | 0.333 B USD May/21
Current Account 727 USD Million | 0.727 B USD 1Q/21
Foreign Exchange Reserves 6049 USD Million | 6.049 B USD Jun/21


GDP
vvp
98.81
USD Billion
#64 from 174 countries
GDP per capita
vvp
4628
USD
#92 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 98.81 USD Billion 2020
GDP Annual Growth Rate -7.2 % 4Q/20
GDP Growth Rate 0.68 % 1Q/21
GDP per capita 4628 USD 2020
GDP Constant Prices 16644749 USD Thousand | 16.645 B USD 1Q/21
GDP per capita PPP 10329 USD 2020
GDP From Agriculture  1381198 USD Thousand | 1.381 B USD 1Q/21
GDP From Construction  1265291 USD Thousand | 1.265 B USD 1Q/21
GDP From Manufacturing  1979321 USD Thousand | 1.979 B USD 1Q/21
GDP From Mining  1492392 USD Thousand | 1.492 B USD 1Q/21
GDP From Public Administration  1060159 USD Thousand | 1.06 B USD 1Q/21
GDP From Services  1035134 USD Thousand | 1.035 B USD 1Q/21
GDP From Transport  1173349 USD Thousand | 1.173 B USD 1Q/21
GDP From Utilities  555198 USD Thousand | 0.555 B USD 1Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 68.9 % 2020
Government Budget Value -554 USD Million | -0.554 USD Billion May/21
Government Spending 2473938 USD Thousand | 2.474 USD Billion 1Q/21
Government Revenues 1307 USD Million | 1.307 USD Billion May/21
Fiscal Expenditure  1862 USD Million | 1.862 B USD May/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 Jun/21
Food Inflation -3.47 % Jun/21
Inflation Rate YoY -0.69 % Jun/21
Producer Prices 101 index points Jun/21
Inflation Rate Mom -0.18 % Jun/21
CPI Housing Utilities 116 Index Points Jun/21
CPI Transportation 110 Index Points Jun/21
Producer Prices Change  0.72 % May/21


Trade Indicators

Indicator Data Period
Current Account to GDP 2.6 % 2020
Balance of Trade 333387 USD Thousand | 0.333 USD Billion May/21
Capital Flows 653 USD Million | 0.653 USD Billion 1Q/21
Current Account 727 USD Million | 0.727 USD Billion 1Q/21
Exports 2232300 USD Thousand | 2.232 USD Billion May/21
Foreign Exchange Reserves 6049 USD Million | 6.049 USD Billion Jun/21
Imports 1898914 USD Thousand | 1.899 USD Billion May/21


Money Indicators

Indicator Data Period
Gold Reserves 21.93 Tonnes 1Q/21
Interbank Rate 1 % Jul/21
Interest Rate 9.33 % May/21
Loans to Private Sector 17726 USD Million | 17.726 USD Billion Feb/21
Money Supply M1 28296 USD Million | 28.296 USD Billion May/21
Money Supply M2 64514 USD Million | 64.514 USD Billion May/21
Deposit Interest Rate 4.78 % 2020
Foreign Direct Investment 95.04 USD Million | 0.095 B USD 4Q/20
Private Sector Credit  31223 USD Million | 31.223 B USD May/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 502 BBL/D/1K Mar/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 10748503 USD Thousand | 10.749 USD Billion 1Q/21


Gold Reserves
gold_reserve_icon
21.93
Tonnes
#65 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
6.049
USD Billion
#83 from 114 countries


Government Budget Value
balance_icon
-0.554
USD Billion
#73 from 113 countries
Inflation Rate
inflation_icon
-0.69
%
#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