Ecuador Current Account to GDP  1980-2016 | Data | Chart | Calendar

Ecuador recorded a Current Account deficit of 0.60 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Ecuador averaged -2.18 percent from 1980 until 2014, 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
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Actual Previous Highest Lowest Dates Unit Frequency
-0.60 -1.30 5.17 -10.08 1980 - 2014 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. Ecuador Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Ecuador Trade Last Previous Highest Lowest Unit
Balance of Trade 305020.00 53993.00 619602.00 -723163.00 USD Thousand [+]
Exports 1525128.00 1263639.00 2604082.00 66062.00 USD Thousand [+]
Imports 1220107.00 1209646.00 2565284.00 117453.00 USD Thousand [+]
Current Account -32.88 -492.04 1547.10 -1334.31 USD Million [+]
Current Account to GDP -0.60 -1.30 5.17 -10.08 percent [+]
Capital Flows -169.33 -594.92 2116.75 -5561.90 USD Million [+]
Remittances 594.74 635.76 891.95 238.55 USD Million [+]
Gold Reserves 11.79 11.79 26.30 11.79 Tonnes [+]
Crude Oil Production 550.00 556.00 563.00 329.00 BBL/D/1K [+]
Foreign Direct Investment 529.14 251.08 529.14 -286.05 USD Million [+]
Terrorism Index 0.58 1.28 3.02 0.58 [+]




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