Ecuador Crude Oil Production - Forecast

Crude Oil Production in Ecuador is expected to be 512.53 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Ecuador to stand at 512.76 in 12 months time. In the long-term, the Ecuador Crude Oil Production is projected to trend around 512.76 BBL/D/1K in 2020, according to our econometric models.


Ecuador Crude Oil Production
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Ecuador Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 95029 3313 -7896 15264 1763 127599
Exports 1852865 1779397 1755314 1743651 1739263 1737691
Imports 1757836 1776084 1763210 1750240 1737500 1610092
Current Account -225 -14.92 -174 -159 -161 -128
Current Account to GDP 1.5 -0.09 -1.13 1.09 -1.56 -0.34
Capital Flows 221 -171 -101 -54.92 -75.17 -48.99
Remittances 763 754 776 782 759 781
Gold Reserves 11.8 11.8 11.8 11.8 11.8 11.8
Crude Oil Production 511 513 513 513 513 513
Terrorism Index 1.62 1.2 1.2 1.2 1.87 1.3
Foreign Direct Investment 82.55 157 147 159 152 150