Consumer Confidence in Ecuador increased to 37.10 points in February from 37 points in January of 2020.

Consumer Confidence in Ecuador averaged 40.29 points from 2010 until 2020, reaching an all time high of 49 points in December of 2013 and a record low of 26.90 points in May of 2016. This page provides - Ecuador Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Consumer Confidence - values, historical data and charts - was last updated on October of 2020. source: Banco Central del Ecuador

Consumer Confidence in Ecuador is expected to be 35.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Ecuador to stand at 38.00 in 12 months time. In the long-term, the Ecuador Consumer Confidence is projected to trend around 38.60 points in 2021 and 40.27 points in 2022, according to our econometric models.

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Ecuador Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
37.10 37.00 49.00 26.90 2010 - 2020 points Monthly

Ecuador Consumer Last Previous Highest Lowest Unit
Consumer Confidence 37.10 37.00 49.00 26.90 points [+]
Consumer Spending 9950771.00 11085291.00 11355209.00 2059948.00 USD THO [+]
Private Sector Credit 29641.24 29661.38 30454.44 4285.40 USD Million [+]
Consumer Credit 27317.10 27448.30 27915.00 4925.95 USD Million [+]
Consumer Confidence Current Conditions 38.40 35.87 50.95 27.29 [+]
Consumer Confidence Economic Expectations 43.80 40.77 53.90 34.82 [+]

Ecuador Consumer Confidence
In Ecuador, the consumer confidence index (ICC) is a weighted average of combination of responses to 6 questions. These questions measure the perception that households have about their economic situation, consumption of goods and services and country´s economic condition in the previous month and in the next three months. The index is based on a sample of 3800 households located in the cities of Quito, Guayaquil, Ambato, Cuenca and Machala. The ICC is measured on a scale of 0 to 100, where levels above 50 indicate optimism, 50 neutrality and below 50 pessimism.