Ecuador recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2024. Government Budget in Ecuador averaged -2.24 percent of GDP from 1983 until 2024, reaching an all time high of 3.20 percent of GDP in 2006 and a record low of -10.94 percent of GDP in 1987. source: Ministerio de Economía y Finanzas, Ecuador
Government Budget in Ecuador is expected to reach -1.50 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Government Budget is projected to trend around -2.20 percent of GDP in 2026 and -2.00 percent of GDP in 2027, according to our econometric models.