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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 107 USD Billion 2019
GDP Annual Growth Rate -8.8 % 3Q/20
GDP Growth Rate 4.51 % 3Q/20
GDP per capita 5097 USD 2019
Inflation Rate YoY -0.81 % Feb/21
Interest Rate 9.02 % Sep/20
Unemployment Rate 6.6 % 3Q/20
Wages 467 USD/Month 2020
Balance of Trade 12174 USD Thousand | 0.012 B USD Dec/20
Current Account 1214 USD Million | 1.214 B USD 3Q/20
Foreign Exchange Reserves 6591 USD Million | 6.591 B USD Jan/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 -8.8 % 3Q/20
GDP Growth Rate 4.51 % 3Q/20
GDP per capita 5097 USD 2019
GDP Constant Prices 16487573 USD Thousand | 16.488 B USD 3Q/20
GDP per capita PPP 11375 USD 2019
GDP From Agriculture  1354397 USD Thousand | 1.354 B USD 3Q/20
GDP From Construction  1286947 USD Thousand | 1.287 B USD 3Q/20
GDP From Manufacturing  1923432 USD Thousand | 1.923 B USD 3Q/20
GDP From Mining  1551144 USD Thousand | 1.551 B USD 3Q/20
GDP From Public Administration  1084225 USD Thousand | 1.084 B USD 3Q/20
GDP From Services  1094824 USD Thousand | 1.095 B USD 3Q/20
GDP From Transport  1131966 USD Thousand | 1.132 B USD 3Q/20
GDP From Utilities  566259 USD Thousand | 0.566 B USD 3Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 49.4 % 2019
Government Budget Value -2215 USD Million | -2.215 USD Billion Dec/20
Government Spending 2518979 USD Thousand | 2.519 USD Billion 3Q/20
Government Revenues 1322 USD Million | 1.322 USD Billion Dec/20
Fiscal Expenditure  3537 USD Million | 3.537 B USD Dec/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 Feb/21
Food Inflation -0.74 % Jan/21
Inflation Rate YoY -0.81 % Feb/21
Producer Prices 103 index points Feb/21
Inflation Rate Mom 0.12 % Jan/21
CPI Housing Utilities 116 Index Points Feb/21
CPI Transportation 106 Index Points Feb/21
Producer Prices Change  -1.5 % Dec/20


Trade Indicators

Indicator Data Period
Current Account to GDP -0.1 % 2019
Balance of Trade 12174 USD Thousand | 0.012 USD Billion Dec/20
Capital Flows 4672 USD Million | 4.672 USD Billion 3Q/20
Current Account 1214 USD Million | 1.214 USD Billion 3Q/20
Exports 1822450 USD Thousand | 1.822 USD Billion Dec/20
Foreign Exchange Reserves 6591 USD Million | 6.591 USD Billion Jan/21
Imports 1810276 USD Thousand | 1.81 USD Billion Dec/20


Money Indicators

Indicator Data Period
Gold Reserves 21.93 Tonnes 4Q/20
Interbank Rate 1 % Mar/21
Interest Rate 9.02 % Sep/20
Loans to Private Sector 17067 USD Million | 17.067 USD Billion Aug/20
Money Supply M1 27826 USD Million | 27.826 USD Billion Jan/21
Money Supply M2 63142 USD Million | 63.142 USD Billion Jan/21
Deposit Interest Rate 4.4 % 2019
Foreign Direct Investment 90.84 USD Million | 0.091 B USD 2Q/20
Private Sector Credit  30545 USD Million | 30.545 B USD Dec/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 508 BBL/D/1K Oct/20
Industrial Production -3.73 % Feb/16
Steel Production 50 Thousand Tonnes Dec/20


Business Indicators

Indicator Data Period
Business Confidence 1480 index points Oct/20
Corruption Index 39 index points 2020
Corruption Rank 92 place 2020
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 28.85 index points Nov/20
Consumer Credit 28079 USD Million | 28.079 USD Billion Dec/20
Consumer Spending 10183479 USD Thousand | 10.183 USD Billion 3Q/20


Gold Reserves
gold_reserve_icon
21.93
Tonnes
#65 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
6.591
USD Billion
#83 from 114 countries


Government Budget Value
balance_icon
-2.215
USD Billion
#73 from 113 countries
Inflation Rate
inflation_icon
-0.81
%
#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