The Gross Domestic Product (GDP) in Ecuador expanded 2.40 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Ecuador averaged 3.46 percent from 2000 until 2025, reaching an all time high of 19.30 percent in the second quarter of 2021 and a record low of -18.00 percent in the second quarter of 2020. source: Banco Central del Ecuador
GDP Annual Growth Rate in Ecuador is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador GDP Annual Growth Rate is projected to trend around 2.80 percent in 2027 and 3.80 percent in 2028, according to our econometric models.
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.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
2.40 |
4.30 |
19.30 |
-18.00 |
2000 - 2025 |
percent |
Quarterly |
|