Business Confidence in Ecuador increased to 1479.90 points in October from 1463.20 points in September of 2020. source: Banco Central del Ecuador

Business Confidence in Ecuador averaged 1059.56 points from 2009 until 2020, reaching an all time high of 1479.90 points in October of 2020 and a record low of 402.80 points in November of 2009. This page provides - Ecuador Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Business Confidence - values, historical data and charts - was last updated on February of 2021.

Business Confidence in Ecuador is expected to be 1440.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Ecuador to stand at 1460.00 in 12 months time. In the long-term, the Ecuador Business Confidence is projected to trend around 1460.00 points in 2022 and 1500.00 points in 2023, according to our econometric models.

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Ecuador Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
1479.90 1463.20 1479.90 402.80 2009 - 2020 points Monthly

Ecuador Business Last Previous Highest Lowest Unit
Business Confidence 1479.90 1463.20 1479.90 402.80 points [+]
Changes in Inventories -398183.00 -68675.00 578608.00 -398183.00 USD THO [+]
Leading Economic Index -5.30 -8.10 110.99 -34.50 percent [+]
Internet Speed 6150.50 6336.72 6336.72 516.48 KBps [+]
IP Addresses 787799.00 772123.00 999895.00 98228.00 IP [+]
Steel Production 50.00 40.00 71.08 0.00 Thousand Tonnes [+]
Manufacturing Production 20.66 30.15 38.21 -26.50 percent [+]
Crude Oil Rigs 3.00 5.00 28.00 1.00 [+]
Ease of Doing Business 129.00 123.00 138.00 114.00 [+]
Competitiveness Index 55.74 55.85 55.85 3.55 Points [+]
Competitiveness Rank 90.00 86.00 105.00 71.00 [+]
Corruption Index 39.00 38.00 39.00 20.00 Points [+]
Corruption Rank 92.00 93.00 151.00 39.00 [+]


Ecuador Business Confidence
In Ecuador, the Business Confidence Index Índice de Confianza Empresarial (ICE) summarizes the business expectations about the economic situation of the company and the country in general. The Index is obtained by measuring the business confidence in the Industrial, Construction, Commercial and Services sectors.