Ecuador recorded a Government Budget deficit equal to 8.90 percent of the country's Gross Domestic Product in 2020. source: Ministry of Finance, Ecuador
Government Budget in Ecuador averaged -2.12 percent of GDP from 1983 until 2020, reaching an all time high of 3.27 percent of GDP in 2006 and a record low of -10.94 percent of GDP in 1987. This page provides - Ecuador Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Government Budget - values, historical data and charts - was last updated on July of 2021.
Government Budget in Ecuador is expected to reach -3.10 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Government Budget is projected to trend around -2.50 percent of GDP in 2022 and -2.30 percent of GDP in 2023, according to our econometric models.