Ecuador Crude Oil Production - Forecast

Crude Oil Production in Ecuador is expected to be 517.71 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 517.30 in 12 months time. In the long-term, the Ecuador Crude Oil Production is projected to trend around 517.30 BBL/D/1K in 2020, according to our econometric models.


Forecast Data Chart
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Ecuador Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -132608 175000 30000 100000 40000 100000
Exports 1909414 1930000 1900000 1940000 1920000 1980000
Imports 2042022 1755000 1870000 1840000 1880000 1880000
Current Account 107 -300 420 560 70 -150
Current Account to GDP 1.5 -1.13 1.1 -1.56 0.23 -0.34
Capital Flows 2361 81.76 258 -53.02 -33.37 -46.71
Remittances 715 764 772 744 754 766
Gold Reserves 11.8 11.8 11.8 11.8 11.8 11.8
Crude Oil Production 530 518 517 517 517 517
Terrorism Index 1.62 1.4 1.4 1.6 1.6 1.7
Foreign Direct Investment 224 155 145 175 161 159