The Gross Domestic Product (GDP) in Ecuador expanded 0.73 percent in the fourth quarter of 2021 over the previous quarter. source: Banco Central del Ecuador

GDP Growth Rate in Ecuador averaged 0.77 percent from 2000 until 2021, 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 June of 2022.

GDP Growth Rate in Ecuador is expected to be 0.50 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 0.73 0.40 percent Dec 2021
GDP Annual Growth Rate 4.90 5.50 percent Dec 2021
GDP Constant Prices 17493339.00 17379049.00 USD THO Dec 2021
Gross Fixed Capital Formation 3484299.00 3471942.00 USD THO Dec 2021
GDP From Utilities 561599.00 485172.00 USD Thousand Dec 2021
GDP From Transport 1317220.00 1279921.00 USD Thousand Dec 2021
GDP From Services 1135085.00 1109230.00 USD Thousand Dec 2021
GDP From Public Administration 1163676.00 1157557.00 USD Thousand Dec 2021
GDP From Mining 1331471.00 1541857.00 USD Thousand Dec 2021
GDP From Manufacturing 2065053.00 2061309.00 USD Thousand Dec 2021
GDP From Construction 1101105.00 1092933.00 USD Thousand Dec 2021
GDP From Agriculture 1399914.00 1345623.00 USD Thousand Dec 2021

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
0.73 0.40 6.12 -12.14 2000 - 2021 percent Quarterly