Ecuador recorded a Current Account deficit of 261.64 USD Million in the first quarter of 2019. Current Account in Ecuador averaged -58.54 USD Million from 1994 until 2019, reaching an all time high of 1548.29 USD Million in the second quarter of 2008 and a record low of -1399.01 USD Million in the fourth quarter of 2014.
Current Account in Ecuador is expected to be -280.00 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 180.00 in 12 months time. In the long-term, the Ecuador Current Account is projected to trend around -150.00 USD Million in 2020, according to our econometric models.