Ecuador recorded a Current Account deficit of 64.90 USD Million in the third quarter of 2019.

Current Account in Ecuador averaged -58.57 USD Million from 1994 until 2019, reaching an all time high of 1548.23 USD Million in the second quarter of 2008 and a record low of -1398.86 USD Million in the fourth quarter of 2014. This page provides - Ecuador Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Banco Central del Ecuador

Current Account in Ecuador is expected to be -50.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Ecuador to stand at -150.00 in 12 months time. In the long-term, the Ecuador Current Account is projected to trend around -50.00 USD Million in 2020, according to our econometric models.


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Ecuador Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-64.90 -36.85 1548.23 -1398.86 1994 - 2019 USD Million Quarterly

Ecuador Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Ecuador Trade Last Previous Highest Lowest Unit
Balance of Trade 122852.00 -270952.00 619602.00 -729014.00 USD Thousand [+]
Current Account -64.90 -36.85 1548.23 -1398.86 USD Million [+]
Current Account to GDP -1.20 -0.50 5.17 -10.08 percent [+]
Imports 1755212.00 2012848.00 2592365.00 117453.00 USD Thousand [+]
Exports 1878064.00 1741896.00 2603522.00 66062.00 USD Thousand [+]
Capital Flows 917.54 94.52 2537.11 -5561.90 USD Million [+]
Remittances 845.57 809.61 891.95 238.55 USD Million [+]
Gold Reserves 16.95 16.95 26.30 11.79 Tonnes [+]
Crude Oil Production 546.00 467.00 563.00 329.00 BBL/D/1K [+]
Terrorism Index 2.46 1.47 3.02 0.58 [+]
Foreign Direct Investment 127.87 275.86 788.09 -286.05 USD Million [+]