Ecuador recorded a Current Account surplus of 395.39 USD Million in the first quarter of 2020.

Current Account in Ecuador averaged -48.05 USD Million from 1994 until 2020, reaching an all time high of 1548.23 USD Million in the second quarter of 2008 and a record low of -1398.86 USD Million in the fourth quarter of 2014. This page provides - Ecuador Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Current Account - values, historical data and charts - was last updated on July of 2020. source: Banco Central del Ecuador

Current Account in Ecuador is expected to be -130.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Ecuador to stand at -150.00 in 12 months time. In the long-term, the Ecuador Current Account is projected to trend around -50.00 USD Million in 2021, according to our econometric models.

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Ecuador Current Account

Actual Previous Highest Lowest Dates Unit Frequency
395.39 145.69 1548.23 -1398.86 1994 - 2020 USD Million Quarterly

Ecuador Trade Last Previous Highest Lowest Unit
Balance of Trade 198640.00 -66606.00 619602.00 -729014.00 USD Thousand [+]
Current Account 395.39 145.69 1548.23 -1398.86 USD Million [+]
Current Account to GDP -0.10 -1.20 5.17 -10.08 percent [+]
Exports 1448161.00 1105247.00 2603522.00 66062.00 USD Thousand [+]
Imports 1249521.00 1171853.00 2592365.00 117453.00 USD Thousand [+]
Capital Flows 368.37 310.63 2076.95 -5561.90 USD Million [+]
Remittances 845.57 809.61 891.95 238.55 USD Million [+]
Gold Reserves 21.90 16.95 26.30 11.79 Tonnes [+]
Crude Oil Production 542.00 546.00 563.00 329.00 BBL/D/1K [+]
Foreign Direct Investment 349.82 128.64 788.09 -286.05 USD Million [+]
Terrorism Index 2.46 1.47 3.02 0.58 [+]


Ecuador Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).