Crude Oil Production in Ecuador is expected to be 513.82 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 514.56 in 12 months time. In the long-term, the Ecuador Crude Oil Production is projected to trend around 514.56 BBL/D/1K in 2020, according to our econometric models.


Forecast Data Chart
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Ecuador Trade Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -73160 30000 100000 40000 -157607 100000
Exports 1848042 1900000 1940000 1920000 1829067 1980000
Imports 1921203 1870000 1840000 1880000 1986674 1880000
Current Account -118 -300 80 -110 -55 -150
Current Account to GDP -0.2 1.1 -0.8 -0.8 -0.8 0.8
Capital Flows 137 23.36 -13.94 -8.3 -13.96 -18.88
Remittances 767 840 850 845 855 920
Gold Reserves 11.8 11.8 11.8 11.8 11.8 11.8
Crude Oil Production 514 514 514 515 515 515
Terrorism Index 1.62 1.4 1.6 1.6 1.6 1.7
Foreign Direct Investment 205 164 215 185 176 178