Ecuador GDP

The Gross Domestic Product (GDP) in Ecuador was worth 84.50 billion US dollars in 2012. The GDP value of Ecuador represents 0.14 percent of the world economy. GDP in Ecuador is reported by the World Bank. From 1960 until 2012, Ecuador GDP averaged 20.9 USD Billion reaching an all time high of 84.5 USD Billion in December of 2012 and a record low of 1.0 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Ecuador GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
84.50 77.70 84.50 1.00 96.42 | 2014/06 1960 - 2012 USD Billion Yearly

TO

Ecuador GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 84.50 2012-12-31 77.70 84.50 1.00 96.42 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 5.60 2013-12-31 5.10 10.20 -2.30 5.38 2014-03-31 Percent [+]
GDP Constant Prices 17078240.00 2013-11-15 16883179.00 17078240.00 9134587.00 17694849.72 2014-06-30 USD THO [+]
GDP per capita 3546.93 2012-12-31 3432.48 3546.93 1572.43 3761.03 2014-06-30 USD [+]
GDP per capita PPP 8392.57 2012-12-31 8121.76 8392.57 6073.43 8899.15 2014-06-30 USD [+]
GDP Growth Rate 1.20 2013-12-31 1.70 3.40 -1.90 1.84 2014-03-31 Percent [+]
Gross Fixed Capital Formation 4527237.00 2013-11-15 4501616.00 4527237.00 1324528.00 4526305.94 2013-09-30 USD THO [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Ecuador Balance of Trade at 177965.00 USD Thousand  
Ecuador recorded a trade surplus of 177965 USD Thousand in February of 2014. Balance of Trade in Ecuador is reported by the Banco Central del Ecuador.
Ecuador Exports at 2150067.00 USD Thousand  
Exports in Ecuador increased to 2150067 USD Thousand in February of 2014 from 2033186 USD Thousand in January of 2014. Exports in Ecuador is reported by the Banco Central del Ecuador.
Ecuador Changes in Inventories at 28331.00 USD THO  
Changes in Inventories in Ecuador decreased to 28331 USD THO in the fourth quarter of 2013 from 156467 USD THO in the third quarter of 2013. Changes in Inventories in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Capital Flows at 693.07 USD Million  
Capital Flows in Ecuador increased to 693.07 USD Million in the third quarter of 2013 from 137.09 USD Million in the second quarter of 2013. Capital Flows in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Current Account at -157.73 USD Million  
Ecuador recorded a Current Account deficit of 157.73 USD Million in the third quarter of 2013. Current Account in Ecuador is reported by the Banco Central del Ecuador.
Ecuador Crude Oil Production at 548.00 Thousands Barrels per Day  
Crude Oil Production in Ecuador increased to 548 Thousands Barrels per Day in December of 2013 from 545 Thousands Barrels per Day in November of 2013. Crude Oil Production in Ecuador is reported by the U.S. Energy Information Administration.
Ecuador Consumer Spending at 10865398.00 USD THO  
Consumer Spending in Ecuador increased to 10865398 USD THO in the fourth quarter of 2013 from 10707195 USD THO in the third quarter of 2013. Consumer Spending in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Consumer Price Index (CPI) at 147.69 Index Points  
Consumer Price Index (CPI) in Ecuador increased to 147.69 Index Points in March of 2014 from 146.67 Index Points in February of 2014. Consumer Price Index (CPI) in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador GDP Constant Prices at 17078240.00 USD THO  
GDP Constant Prices in Ecuador increased to 17078240 USD THO in the fourth quarter of 2013 from 16883179 USD THO in the third quarter of 2013. GDP Constant Prices in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Government Budget Value at -1707.54 USD Million  
Ecuador recorded a government budget deficit of 1707.54 USD Million in December of 2013. Government Budget Value in Ecuador is reported by the Banco Central Del Ecuador.
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