Ecuador GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Ecuador expanded 4.90 percent in the third quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Ecuador is reported by the Banco Central del Ecuador. From 2000 until 2013, Ecuador GDP Annual Growth Rate averaged 4.5 Percent reaching an all time high of 10.2 Percent in June of 2004 and a record low of -2.3 Percent in December of 2009. The biggest sector of Ecuador´s economy is services. Retail and wholesale trade, hotels and restaurants, transport, communication and warehousing, financial intermediation, professional, technical, administrative and household services, education and health and government services and goods account for 57 percent of the GDP. Manufacturing, mining and quarrying create 23 percent of the wealth and construction and water and electricity distribution 11 percent. Agriculture, forestry and fishing account for the remaining 9 percent of GDP. This page provides - Ecuador GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.90 3.80 10.20 -2.30 4.11 | 2013/12 2000 - 2013 Percent Quarterly

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Ecuador GDP Annual Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-08-06 12:00 AM Ecuador
GDP Growth Rate YoY
Q1 2013 3.5% 4.8% (R) 4.15%
2013-11-01 10:00 PM Ecuador
GDP Growth Rate YoY
Q2 2013 3.5% 3.5% 3.2%
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GDP Last Previous Highest Lowest Forecast Unit
GDP 84.50 2012-12-31 77.70 84.50 1.00 85.07 2013-12-31 USD Billion [+]
GDP Annual Growth Rate 4.90 2013-09-30 3.80 10.20 -2.30 4.11 2013-12-31 Percent [+]
GDP Constant Prices 16862885.00 2013-08-15 16593067.00 16862885.00 9134587.00 17081072.03 2013-12-31 USD THO [+]
GDP per capita 3546.93 2012-12-31 3432.48 3546.93 1572.43 3556.28 2013-12-31 USD [+]
GDP per capita PPP 8392.57 2012-12-31 8121.76 8392.57 6073.43 8415.23 2013-12-31 USD [+]
GDP Growth Rate 1.60 2013-09-30 1.80 3.40 -1.90 2.25 2013-12-31 Percent [+]
Gross Fixed Capital Formation 4452338.00 2013-08-15 4436089.00 4452338.00 1324528.00 4526305.94 2013-09-30 USD THO [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


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Crude Oil Production in Ecuador increased to 540 Thousands Barrels per Day in October of 2013 from 535 Thousands Barrels per Day in September of 2013. Crude Oil Production in Ecuador is reported by the U.S. Energy Information Administration.
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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 16862885.00 USD THO  
GDP Constant Prices in Ecuador increased to 16862885 USD THO in the third quarter of 2013 from 16593067 USD THO in the second 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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