Ecuador GDP Annual Growth Rate: 2.7% (2023)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Ecuador is estimated to be $103 Billion US dollars at the end of 2023.

The economy of Ecuador has grown at an average annual growth rate of 0.5% in the last four years and is ranked the 10th largest economy in Americas, ahead of Guatemala.

World Economics Rates Ecuador's Offical GDP Data as Grade D

GDP Annual Growth Rate: Ecuador


Source: World Bank, World Economics
0 0 0 Ecuador|#FE1800|5.01764070360242, 13.9506821321825, 11.2085096276477, 10.9721540015733, 7.39718761930672, 1.60484211178154, 5.70682494457921, 3.73404840122311, 3.70868296886218, 5.61286411959033, 0.61484535364788, -0.336868770986328, 2.62527326828874, 3.93500141151873, 3.46478251583862, -0.259098708350408, 5.8904672900016, 1.00577794619832, 3.67991405278418, 4.29134239802096, 2.114310675128, 1.97321807875184, 4.25825046821244, 2.25254877423716, 1.73174751447954, 4.32786476432231, 3.26652940374666, -4.73938579085588, 1.0918015643576, 4.01562989958492, 4.09677665885357, 2.72287733695474, 8.21102091734038, 5.29130826699402, 4.40352643383186, 2.1900639722454, 6.35713059990832, 0.566491592100093, 3.52529866894027, 7.86814091910996, 5.641962066712, 4.94651126690626, 3.78886854920833, 0.0988726083462694, -1.22638398463879, 2.36838652633651, 1.28929193290502, 0.0121051028476558, -7.78760709093422, 4.23525124172572, 2.857, 2.675 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023,








 





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Economic Indicators: Ecuador 2020 2021 2022 2023
GDP Annual Growth Rate (%) -7.8 4.2 2.9 2.7
GDP per Capita Annual Growth Rate (%) -9.1 3.0 2.9 2.7
Real GDP (US$ Billions, 2010) 94 98 100 103
Real GDP per Capita (US$, 2010) 5,332 5,492 5,639 5,796
Current GDP (Billions, US$) 99 106 109 112
Current GDP per Capita (US$) 5,645 5,965 6,125 6,295
Real GDP PPP (Billions, 2017) 182 190 195 201
Real GDP per Capita PPP (int$ 2017) 10,325 10,615 10,782 10,943
Data Quality Rating for Ecuador See how much you can trust Ecuador's GDP Data




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