The Gross Domestic Product (GDP) in Ecuador expanded 0.41 percent in the first quarter of 2022 over the previous quarter. source: Banco Central del Ecuador

GDP Growth Rate in Ecuador averaged 0.77 percent from 2000 until 2022, reaching an all time high of 6.12 percent in the third quarter of 2020 and a record low of -12.14 percent in the second quarter of 2020. This page provides - Ecuador GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

GDP Growth Rate in Ecuador is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador GDP Growth Rate is projected to trend around 0.50 percent in 2023, according to our econometric models.

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Ecuador GDP Growth Rate

Related Last Previous Unit Reference
GDP Growth Rate 0.41 0.73 percent Mar 2022
GDP Annual Growth Rate 3.80 4.90 percent Mar 2022
GDP Constant Prices 17564317.00 17493339.00 USD THO Mar 2022
Gross Fixed Capital Formation 3625581.00 3484299.00 USD THO Mar 2022
GDP from Utilities 562827.00 561599.00 USD Thousand Mar 2022
GDP from Transport 1307909.00 1317220.00 USD Thousand Mar 2022
GDP from Services 1134486.00 1135085.00 USD Thousand Mar 2022
GDP from Public Administration 1152910.00 1163676.00 USD Thousand Mar 2022
GDP from Mining 1508791.00 1331471.00 USD Thousand Mar 2022
GDP from Manufacturing 2031436.00 2065053.00 USD Thousand Mar 2022
GDP from Construction 1100307.00 1101105.00 USD Thousand Mar 2022
GDP from Agriculture 1365128.00 1399914.00 USD Thousand Mar 2022

Ecuador GDP Growth Rate
Ecuador is the ninth largest economy in Latin America. The economy is highly dependent on oil exports. Shipments of oil account for 58 percent of total exports and for almost two fifths of government revenue.
Actual Previous Highest Lowest Dates Unit Frequency
0.41 0.73 6.12 -12.14 2000 - 2022 percent Quarterly