Ecuador Current Account  Forecast


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Current Account in Ecuador is expected to be -40.65 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 -9.50 in 12 months time. In the long-term, the Ecuador Current Account is projected to trend around -30.68 USD Million in 2020, according to our econometric models.


Ecuador Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -172227 -80025 -39143 -25628 -22065 -21376
Exports 1587944 1556282 1530917 1512734 1496768 1368196
Imports 1760171 1767708 1760629 1748786 1736438 1632333
Current Account 59.23 -40.65 7.77 9.3 -9.5 -30.68
Current Account to GDP 1.5 -0.2 -0.61 -1.01 -1.42 -1.25
Capital Flows 617 75.78 -72.93 -16.45 -31.26 -31.62
Remittances 699 691 678 676 675 654
Gold Reserves 11.79 12.58 12.97 13.35 13.72 16.4
Crude Oil Production 537 534 532 529 527 508
Foreign Direct Investment 175 187 160 156 152 150
Terrorism Index 0.79 1.07 1.15 1.22 1.29 1.64