The economy of Ecuador shrank 5.4 percent year-on-year in July 2019, following an 8.2 percent contraction in the previous month. Output declined less in manufacturing (-2.1 percent from -7.7 percent in June); construction (-21.2 percent from -46.6 percent); wholesale & retail trade (-8.3 percent vs -10.8 percent); real estate (-5 percent vs -7 percent); public administration, defense & social security (-0.5 percent vs -5.7 percent); health & social services (-6.2 percent vs -10.8 percent); and other services (-0.9 percent vs -4.9 percent). Also, output rebounded in agriculture, forestry & fishing (3.2 percent vs -3.5 percent); hotels & restaurants (2.7 percent from -5.7 percent); and financial intermediation (2.7 percent from -5.7 percent). Leading Economic Index in Ecuador averaged 7.11 percent from 2003 until 2018, reaching an all time high of 110.99 percent in February of 2003 and a record low of -34.40 percent in January of 2009.

Leading Economic Index in Ecuador is expected to be -0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Ecuador to stand at 0.50 in 12 months time. In the long-term, the Ecuador IAE is projected to trend around 1.50 percent in 2020, according to our econometric models.

Ecuador IAE
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Ecuador Business Last Previous Highest Lowest Unit
Business Confidence 1456.40 1442.10 1456.40 402.80 Index Points [+]
Changes in Inventories 83637.00 117098.00 578608.00 -236838.00 USD THO [+]
Leading Economic Index -5.40 -8.20 110.99 -34.40 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 55.00 55.00 71.00 0.00 Thousand Tonnes [+]
Manufacturing Production 12.10 1.00 12.10 -16.99 percent [+]
Ease of Doing Business 123.00 118.00 138.00 114.00 [+]
Crude Oil Rigs 9.00 8.00 28.00 1.00 [+]
Corruption Index 34.00 32.00 35.00 20.00 Points [+]
Corruption Rank 114.00 117.00 151.00 39.00 [+]
Competitiveness Index 55.74 55.85 55.85 3.55 Points [+]
Competitiveness Rank 90.00 86.00 105.00 71.00 [+]


Ecuador IAE

In Ecuador, the IAE - Índice de Actividad Económica - estimates the activity of the different economic sectors of the economy in a given month, using the value of sales and comparing it with the base year. This page provides - Ecuador Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador IAE - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-5.40 -8.20 110.99 -34.40 2003 - 2019 percent Monthly
2002=100




Country Last Previous
Argentina 0.90 Aug/19
Australia -0.09 Sep/19
Brazil 0.07 Aug/19
Canada 0.00 Jul/19
Japan 91.70 Aug/19
Mexico 0.30 Jul/19
Russia 2.00 Sep/19
Singapore 108.10 Jun/19
South Africa 0.70 Jul/19
South Korea 114.90 Aug/19
Turkey 3.88 Aug/19
United Kingdom 0.30 Aug/19
United States 128.88 Aug/19


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