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 Sunday, October 26, 2014.

Ecuador 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 555.00 554.00 560.00 329.00 BBL/D/1K [+]