Goods and services expense (% of expense) in Ecuador
Ecuador: Goods and services expense (% of expense) was 24.6% in 2022. ▼ Falling
Goods and services expense in Ecuador, 2013–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Ecuador is 24.6%, measured in 2022.
The figure is up 4.3% on the previous year and down 25.8% over ten years.
Over the whole period, goods and services expense in Ecuador peaked at 33.8% in 2014 and was at its lowest, 20.4%, in 2016.
Ecuador ranks 30th of 154 countries on this measure, in the top quarter.
Goods and services expense (% of expense) in Ecuador, year by year
| Year | % of expense | Change |
|---|---|---|
| 2013 | 33.1% | — |
| 2014 | 33.8% | +2.1% |
| 2015 | 27.1% | -19.9% |
| 2016 | 20.4% | -24.8% |
| 2017 | 22.9% | +12.1% |
| 2018 | 24.6% | +7.6% |
| 2019 | 25.0% | +1.5% |
| 2020 | 20.5% | -17.8% |
| 2021 | 23.6% | +14.9% |
| 2022 | 24.6% | +4.3% |
Ecuador compared with similar countries
- Ecuador's 24.6% is above the median for upper middle income countries, which is 15.2%, 1.6× the median. (46 countries reporting)
- Ecuador's 24.6% is above the median for Latin America & Caribbean, which is 15.3%, 1.6× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 26.7% | 20.4% | 33.8% | 7 |
| 2020s | 22.9% | 20.5% | 24.6% | 3 |
Countries ranked near Ecuador
- 27 Uganda 25.6% compare
- 28 Equatorial Guinea 25.4% compare
- 29 Zambia 25.4% compare
- 31 Niger 24.1%
- 32 Papua New Guinea 23.1% compare
- 33 San Marino 22.9% compare
More public sector data for Ecuador
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 30.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 1.38 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 257.14 % change on previous year (2024)
Frequently asked questions
- What is goods and services expense in Ecuador?
- Goods and services expense in Ecuador was 24.6% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Ecuador?
- The highest recorded value was 33.8% in 2014.
- What is the lowest goods and services expense recorded in Ecuador?
- The lowest recorded value was 20.4% in 2016.
- How does Ecuador rank for goods and services expense?
- Ecuador ranks 30th out of 154 countries with data for 2022.
- Is goods and services expense rising or falling in Ecuador?
- Over the last ten years it is down 25.8%. The long-run trend across the full record is falling.
- Where does this Ecuador data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.