Ecuador GDP Annual Growth Rate  2000-2018 | Data | Chart | Calendar

The economy of Ecuador advanced 3.0 percent year-on-year in the fourth quarter of 2017, compared to a 3.3 percent in the previous period. Main drivers of growth were household consumption (4.9 percent) and government spending (3.8 percent). Meanwhile, gross fixed investment contracted 0.5 percent and net external demand contributed negatively to expansion as imports jumped 9.5 percent and imports rose a meager 0.6 percent. Considering whole 2017 year, the economy grew 3.0 percent, the strongest rise since 2014 (3.8 percent) and reversing from a 1.6 percent contraction in 2016. GDP Annual Growth Rate in Ecuador averaged 3.89 percent from 2000 until 2017, reaching an all time high of 10.20 percent in the second quarter of 2004 and a record low of -4 percent in the first quarter of 2016.

Ecuador GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2013-08-06 12:00 AM GDP Growth Rate YoY 3.5% 4.8%(R) 4.15%
2013-11-01 10:00 PM GDP Growth Rate YoY 3.5% 3.5% 3.2%


Ecuador GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.20 0.30 3.40 -1.90 percent [+]
GDP Annual Growth Rate 3.00 3.30 10.20 -4.00 percent [+]
GDP 97.80 100.18 102.29 1.00 USD Billion [+]
GDP Constant Prices 18019265.00 17803378.00 18019265.00 9134587.00 USD THO [+]
Gross Fixed Capital Formation 4050358.00 3999813.00 4806365.00 1324528.00 USD THO [+]
GDP per capita 5210.10 5366.55 5439.44 2215.09 USD [+]
GDP per capita PPP 10462.40 10776.60 10922.80 7387.62 USD [+]
Gdp From Agriculture 1408701.00 1374963.00 1408701.00 787431.00 USD Thousand [+]
Gdp From Construction 1515823.00 1513686.00 1775774.00 499868.00 USD Thousand [+]
Gdp From Manufacturing 2066811.00 2043689.00 2086407.00 1094728.00 USD Thousand [+]
Gdp From Mining 1628385.00 1689183.00 1737371.00 880806.00 USD Thousand [+]
Gdp From Public Administration 1166222.00 1159989.00 1166222.00 535146.00 USD Thousand [+]
Gdp From Services 1150558.00 1138660.00 1180118.00 863720.00 USD Thousand [+]
Gdp From Transport 1275177.00 1264949.00 1275177.00 666729.00 USD Thousand [+]
Gdp From Utilities 555060.00 535992.00 555060.00 121724.00 USD Thousand [+]


Ecuador GDP Annual Growth Rate

The biggest sector of Ecuador´s economy is services. Retail and wholesale trade, hotels and restaurants, transport, communication and warehousing, financial intermediation, professional, technical, administrative and household services, education and health and government services and goods account for 57 percent of the GDP. Manufacturing, mining and quarrying create 23 percent of the wealth and construction and water and electricity distribution 11 percent. Agriculture, forestry and fishing account for the remaining 9 percent of GDP. This page provides the latest reported value for - Ecuador GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ecuador GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.30 10.20 -4.00 2000 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Australia 3.10 Mar/18
Spain 3.00 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
United States 2.80 Mar/18
Euro Area 2.50 Mar/18
Canada 2.30 Mar/18
Germany 2.30 Mar/18
France 2.20 Mar/18
Switzerland 2.20 Mar/18
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
Brazil 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 1.10 Mar/18


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