Ecuador Current Account - Forecast

Current Account in Ecuador is expected to be 7.77 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 -30.92 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 Current Account
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Ecuador Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -248126 -56504 -32808 -24874 -22729 -22297
Exports 1641231 1663072 1644335 1626577 1609639 1485921
Imports 1889357 1849864 1838972 1826260 1813614 1718229
Current Account -394 7.77 9.3 -9.5 -30.92 -30.68
Current Account to GDP 1.5 -1.6 -1.13 -0.67 -0.2 -1.25
Capital Flows -1667 -72.93 -16.45 -31.26 -23.31 -31.62
Remittances 752 724 714 714 715 693
Gold Reserves 11.79 12.14 12.49 12.84 13.19 15.5
Crude Oil Production 520 517 515 512 510 490
Terrorism Index 1.62 1.2 1.2 1.2 1.2 1.3
Foreign Direct Investment 134 160 156 152 159 150