Consumer Confidence in Ecuador increased to 37.60 points in November from 37 points in October of 2019. Consumer Confidence in Ecuador averaged 40.37 points from 2010 until 2019, reaching an all time high of 49 points in December of 2013 and a record low of 26.90 points in May of 2016. source: Banco Central del Ecuador

Consumer Confidence in Ecuador is expected to be 37.50 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 38.30 in 12 months time. In the long-term, the Ecuador Consumer Confidence is projected to trend around 40.27 points in 2020, according to our econometric models.

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Ecuador Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
37.60 37.00 49.00 26.90 2010 - 2019 points Monthly

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.

Ecuador Consumer Last Previous Highest Lowest Unit
Consumer Confidence 37.60 37.00 49.00 26.90 points [+]
Consumer Spending 11317706.00 11233297.00 11317706.00 2059948.00 USD THO [+]
Private Sector Credit 30028.89 29806.43 30028.89 4285.40 USD Million [+]
Consumer Credit 27152.60 26869.80 27152.60 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 [+]