Ecuador GDP Growth Rate  2000-2016 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Ecuador contracted 1.90 percent in the first quarter of 2016 over the previous quarter. GDP Growth Rate in Ecuador averaged 1 percent from 2000 until 2016, reaching an all time high of 3.40 percent in the fourth quarter of 2003 and a record low of -1.90 percent in the second quarter of 2003. GDP Growth Rate in Ecuador is reported by the Banco Central del Ecuador.

Ecuador GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-1.90 0.10 3.40 -1.90 2000 - 2016 percent Quarterly
Ecuador is the ninth largest economy in Latin America. From 2000 to 2012, the country has been expanding at an average rate of 1.15 percent on a quarter over quarter basis, mostly due to a rise in exports. Ecuador´s 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. In order to reach its full growth potential, the country needs to reduce its dependence on oil revenue; increase the tax base; achieve political stability and reduce the levels of poverty and inequality. This page provides - Ecuador GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2013-08-06 12:00 AM Q1 2013 0.2% 1.2%(R) 0.9%
2013-11-01 10:00 PM Q2 2013 1.2 1%(R) 0.63%

Ecuador GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.90 0.10 3.40 -1.90 percent [+]
GDP Annual Growth Rate -3.00 -1.20 10.20 -3.00 percent [+]
GDP 100.87 100.92 100.92 1.00 USD Billion [+]
GDP Constant Prices 17113228.00 17442047.00 17662856.00 9134587.00 USD THO [+]
Gross Fixed Capital Formation 4391411.00 4575073.00 4806365.00 1324528.00 USD THO [+]
GDP per capita 5337.17 5402.52 5402.52 2215.09 USD [+]
GDP per capita PPP 10717.60 10848.82 10848.82 7387.62 USD [+]
Gdp From Agriculture 1315940.00 1311096.00 1315940.00 787431.00 USD Thousand [+]
Gdp From Construction 1710330.00 1754304.00 1820268.00 499868.00 USD Thousand [+]
Gdp From Manufacturing 2048837.00 2067595.00 2081085.00 1094728.00 USD Thousand [+]
Gdp From Mining 1696996.00 1672496.00 1762426.00 880806.00 USD Thousand [+]
Gdp From Public Administration 1062128.00 1106887.00 1111154.00 535146.00 USD Thousand [+]
Gdp From Services 1114297.00 1120753.00 1139467.00 863720.00 USD Thousand [+]
Gdp From Transport 1173493.00 1187843.00 1192025.00 666729.00 USD Thousand [+]
Gdp From Utilities 441097.00 438980.00 441097.00 121724.00 USD Thousand [+]




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Venezuela 6.80 Dec/13
Bangladesh 6.51 Dec/15
Vietnam 5.55 Jun/16
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Angola 4.90 Dec/15
Cape Verde 4.50 Dec/14
Morocco 4.50 Dec/15
Pakistan 4.24 Dec/15
Indonesia 4.02 Jun/16
Algeria 4.00 Dec/14
Macedonia 3.90 Mar/14
United Arab Emirates 3.90 Dec/15
Egypt 3.80 Dec/15
Mongolia 3.10 Mar/16
Rwanda 2.35 Dec/15
India 2.10 Mar/16
Botswana 1.80 Mar/16
China 1.80 Jun/16
Philippines 1.80 Jun/16
Costa Rica 1.75 Mar/16
Moldova 1.70 Mar/16
Hong Kong 1.60 Jun/16
Serbia 1.60 Mar/16
El Salvador 1.55 Dec/15
Romania 1.50 Jun/16
Saudi Arabia 1.50 Mar/16
Tanzania 1.50 Sep/10
Bosnia and Herzegovina 1.30 Mar/16
Kazakhstan 1.26 Dec/13
Albania 1.20 Mar/16
Australia 1.10 Mar/16
Ghana 1.10 Mar/16
Hungary 1.10 Jun/16
United States 1.10 Jun/16
Bahrain 0.90 Mar/16
Czech Republic 0.90 Jun/16
Israel 0.90 Jun/16
Mauritius 0.90 Mar/16
Poland 0.90 Jun/16
Slovakia 0.90 Jun/16
Nigeria 0.82 Jun/16
Paraguay 0.80 Mar/16
Spain 0.80 Jun/16
Thailand 0.80 Jun/16
Turkey 0.80 Mar/16
Bulgaria 0.70 Jun/16
Cyprus 0.70 Jun/16
Luxembourg 0.70 Mar/16
Malaysia 0.70 Jun/16
New Zealand 0.70 Mar/16
South Korea 0.70 Jun/16
Croatia 0.60 Jun/16
Latvia 0.60 Jun/16
Netherlands 0.60 Jun/16
Ukraine 0.60 Jun/16
United Kingdom 0.60 Jun/16
Belgium 0.50 Jun/16
Denmark 0.50 Jun/16
Slovenia 0.50 Jun/16
European Union 0.40 Jun/16
Germany 0.40 Jun/16
Tunisia 0.40 Mar/16
Austria 0.30 Jun/16
Estonia 0.30 Jun/16
Euro Area 0.30 Jun/16
Finland 0.30 Jun/16
Malta 0.30 Mar/16
Portugal 0.30 Jun/16
Singapore 0.30 Jun/16
Sweden 0.30 Jun/16
Colombia 0.20 Jun/16
Greece 0.20 Jun/16
Lithuania 0.20 Jun/16
Taiwan 0.15 Jun/16
Switzerland 0.10 Mar/16
Uruguay 0.10 Mar/16
Cameroon 0.05 Dec/15
France 0.00 Jun/16
Italy 0.00 Jun/16
Japan 0.00 Jun/16
Mozambique 0.00 Jun/16
Norway 0.00 Jun/16
Peru 0.00 Mar/16
Trinidad And Tobago -0.10 Dec/15
Mexico -0.20 Jun/16
Canada -0.40 Jun/16
Chile -0.40 Jun/16
Iceland -0.50 Mar/16
Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
Brazil -0.60 Jun/16
Jamaica -0.60 Mar/16
Argentina -0.70 Mar/16
Belize -1.07 Mar/16
South Africa -1.20 Mar/16
Uganda -1.30 Mar/16
Kenya -1.40 Mar/16
Namibia -1.60 Mar/16
Dominican Republic -1.67 Mar/16
Ecuador -1.90 Mar/16
Ireland -2.10 Mar/16
Qatar -2.60 Mar/16
Senegal -14.10 Mar/16