Ecuador Current Account to GDP 1980-2014 | Data | Chart | Calendar

Ecuador recorded a Current Account deficit of 1.30 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Ecuador averaged -2.23 Percent from 1980 until 2013, reaching an all time high of 5.17 Percent in 2000 and a record low of -10.08 Percent in 1987. Current Account to GDP in Ecuador is reported by the Banco Central del Ecuador.

   
 
 

Ecuador Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-1.30 -0.30 5.17 -10.08 1980 - 2013 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Ecuador Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Ecuador Current Account to GDP - was last refreshed on Wednesday, October 1, 2014.

Trade Last Previous Highest Lowest Unit
Balance of Trade -173756.00 60720.00 619602.00 -670178.00 USD Thousand [+]
Exports 2163779.00 2303368.00 2602990.00 66062.00 USD Thousand [+]
Imports 2337534.00 2242647.00 2550164.00 117453.00 USD Thousand [+]
Current Account 388.37 -187.25 1540.83 -1313.64 USD Million [+]
Current Account to GDP -1.30 -0.30 5.17 -10.08 Percent [+]
Remittances 584.77 641.69 3085.00 238.55 USD Million [+]
Capital Flows -840.99 200.62 2203.42 -5561.90 USD Million [+]
Gold Reserves 12.10 26.28 26.30 12.10 Tonnes [+]
Crude Oil Production 554.00 560.00 560.00 329.00 BBL/D/1K [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 Percent [+]
Brazil -3.66 Dec/13 -2.40 1.80 -8.20 Percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 Percent [+]
China 2.00 Dec/13 2.60 10.10 -3.70 Percent [+]
Euro Area 2.40 Dec/13 1.40 2.40 -1.50 Percent [+]
France -1.30 Dec/13 -2.20 2.70 -2.20 Percent [+]
Germany 7.50 Dec/13 7.40 7.50 -1.70 Percent [+]
India -1.70 Dec/13 -4.70 1.50 -4.70 Percent [+]
Indonesia -3.30 Dec/13 -2.80 4.80 -6.80 Percent [+]
Italy 1.00 Dec/13 -0.30 3.20 -3.70 Percent [+]
Japan 0.70 Dec/13 1.10 4.80 -1.00 Percent [+]
Mexico -1.80 Dec/13 -1.20 3.40 -6.10 Percent [+]
Netherlands 10.40 Dec/13 9.50 10.40 -1.00 Percent [+]
Russia 1.56 Dec/13 3.60 18.00 -1.40 Percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 Percent [+]
Spain 0.80 Dec/13 -1.20 1.50 -10.00 Percent [+]
Switzerland 13.50 Dec/12 8.50 15.60 -0.60 Percent [+]
Turkey -7.90 Dec/13 -6.00 2.00 -9.70 Percent [+]
United Kingdom -4.40 Dec/13 -3.80 1.90 -4.90 Percent [+]
United States -2.30 Dec/13 -2.70 0.20 -6.00 Percent [+]





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