Ecuador GDP Growth Rate

The Gross Domestic Product (GDP) in Ecuador expanded 0.10 percent in the fourth quarter of 2018 over the previous quarter. GDP Growth Rate in Ecuador averaged 0.92 percent from 2000 until 2018, reaching an all time high of 3.40 percent in the fourth quarter of 2003 and a record low of -1.90 percent in the second quarter of 2003.

GDP Growth Rate in Ecuador is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Ecuador to stand at 0.70 in 12 months time. In the long-term, the Ecuador GDP Growth Rate is projected to trend around 0.80 percent in 2020, according to our econometric models.

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Ecuador GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.10	0.80	3.40	-1.90	percent	[+]
GDP Annual Growth Rate	0.80	1.50	10.20	-3.40	percent	[+]
GDP	103.06	98.61	103.06	0.96	USD Billion	[+]
GDP Constant Prices	18094508.00	18081724.00	18094508.00	9134587.00	USD THO	[+]
Gross Fixed Capital Formation	4253752.00	4297545.00	4792365.00	1324528.00	USD THO	[+]
GDP per capita	5269.62	5191.10	5428.71	2215.09	USD	[+]
GDP per capita PPP	10581.94	10424.26	10901.42	7387.62	USD	[+]
GDP From Agriculture	1445226.00	1429064.00	1454282.00	787431.00	USD Thousand	[+]
GDP From Construction	1528930.00	1557451.00	1775774.00	499868.00	USD Thousand	[+]
GDP From Manufacturing	2087212.00	2088070.00	2088070.00	1094728.00	USD Thousand	[+]
GDP From Mining	1619904.00	1639536.00	1737371.00	880806.00	USD Thousand	[+]
GDP From Public Administration	1232014.00	1201004.00	1232014.00	535146.00	USD Thousand	[+]
GDP From Services	1087451.00	1077151.00	1180118.00	863720.00	USD Thousand	[+]
GDP From Transport	1291519.00	1273810.00	1291519.00	666729.00	USD Thousand	[+]
GDP From Utilities	497579.00	509972.00	519018.00	121724.00	USD Thousand	[+]

Ecuador is the ninth largest economy in Latin America. The economy is highly dependent on oil exports. Shipments of oil account for 58 percent of total exports and for almost two fifths of government revenue. This page provides - Ecuador GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.10	0.80	3.40	-1.90	2000 - 2018	percent	Quarterly

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Country	Last		Previous	Range
Singapore	3.80	Mar/19	-0.8	36.1 : -13.4	%
United States	3.10	Mar/19	2.2	16.7 : -10	%
India	1.60	Dec/18	1.5	5.4 : -1.7	%
China	1.40	Mar/19	1.5	2.4 : 1.4	%
Turkey	1.30	Mar/19	-2.4	5.6 : -5.2	%
Saudi Arabia	1.07	Dec/18	1.49	8.51 : -2.14	%
Russia	0.80	Dec/18	0.7	4.1 : -5.4	%
Spain	0.70	Mar/19	0.6	1.6 : -1.6	%
Japan	0.60	Mar/19	0.5	3.2 : -4.8	%
Switzerland	0.60	Mar/19	0.3	2.4 : -1.9	%
Netherlands	0.50	Mar/19	0.5	1.7 : -3.6	%
United Kingdom	0.50	Mar/19	0.2	5 : -2.7	%
Australia	0.40	Mar/19	0.2	4.4 : -2	%
Euro Area	0.40	Mar/19	0.2	1.3 : -3	%
Germany	0.40	Mar/19	0	4 : -4.5	%
France	0.30	Mar/19	0.4	8 : -5.3	%
Canada	0.10	Mar/19	0.1	3.1 : -2.3	%
Italy	0.10	Mar/19	-0.1	6 : -2.7	%
Brazil	-0.20	Mar/19	0.1	4 : -4	%
Mexico	-0.20	Mar/19	0	3.2 : -5.7	%
South Korea	-0.40	Mar/19	0.9	7.8 : -7	%
Indonesia	-0.52	Mar/19	-1.69	4.21 : -3.57	%
Argentina	-1.20	Dec/18	-0.5	5 : -5.7	%
South Africa	-3.20	Mar/19	1.4	7.6 : -6.1	%