Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Ecuador
Ecuador: Gross domestic product (GDP), Current prices, Fiscal year, Domestic was 171.30 billion in 2031. ◆ Volatile
Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Ecuador, 1980–2031
Source: International Monetary Fund.
Analysis
Ecuador recorded 171.30 billion for gross domestic product (gdp), current prices, fiscal year, domestic in 2031. That is the highest value across all 52 years on record.
The figure is up 4.6% on the previous year and up 59.8% over ten years.
Over the whole period, gross domestic product (gdp), current prices, fiscal year, domestic in Ecuador peaked at 171.30 billion in 2031 and was at its lowest, 11.53 billion, in 1989.
That places Ecuador 20th out of 26 countries with data for 2031, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 16.12 billion | — |
| 1981 | 16.50 billion | +2.4% |
| 1982 | 16.47 billion | -0.2% |
| 1983 | 14.48 billion | -12.1% |
| 1984 | 15.41 billion | +6.4% |
| 1985 | 18.02 billion | +16.9% |
| 1986 | 13.22 billion | -26.6% |
| 1987 | 12.35 billion | -6.6% |
| 1988 | 11.75 billion | -4.9% |
| 1989 | 11.53 billion | -1.9% |
| 1990 | 11.71 billion | +1.6% |
| 1991 | 13.14 billion | +12.2% |
| 1992 | 14.37 billion | +9.3% |
| 1993 | 16.78 billion | +16.8% |
| 1994 | 20.24 billion | +20.6% |
| 1995 | 21.98 billion | +8.6% |
| 1996 | 23.00 billion | +4.6% |
| 1997 | 25.85 billion | +12.4% |
| 1998 | 26.29 billion | +1.7% |
| 1999 | 18.89 billion | -28.1% |
| 2000 | 17.53 billion | -7.2% |
| 2001 | 23.13 billion | +31.9% |
| 2002 | 27.05 billion | +17.0% |
| 2003 | 30.97 billion | +14.5% |
| 2004 | 35.19 billion | +13.7% |
| 2005 | 40.28 billion | +14.4% |
| 2006 | 45.69 billion | +13.4% |
| 2007 | 49.85 billion | +9.1% |
| 2008 | 61.14 billion | +22.6% |
| 2009 | 60.09 billion | -1.7% |
| 2010 | 68.15 billion | +13.4% |
| 2011 | 78.99 billion | +15.9% |
| 2012 | 87.74 billion | +11.1% |
| 2013 | 96.57 billion | +10.1% |
| 2014 | 102.72 billion | +6.4% |
| 2015 | 97.21 billion | -5.4% |
| 2016 | 97.67 billion | +0.5% |
| 2017 | 104.47 billion | +7.0% |
| 2018 | 107.48 billion | +2.9% |
| 2019 | 107.60 billion | +0.1% |
| 2020 | 95.87 billion | -10.9% |
| 2021 | 107.18 billion | +11.8% |
| 2022 | 116.13 billion | +8.4% |
| 2023 | 120.79 billion | +4.0% |
| 2024 | 123.80 billion | +2.5% |
| 2025 | 130.32 billion | +5.3% |
| 2026 | 138.19 billion | +6.0% |
| 2027 | 144.13 billion | +4.3% |
| 2028 | 150.14 billion | +4.2% |
| 2029 | 156.66 billion | +4.3% |
| 2030 | 163.82 billion | +4.6% |
| 2031 | 171.30 billion | +4.6% |
Ecuador compared with similar countries
- Ecuador's 171.30 billion is below the median for upper middle income countries, which is 13.30 trillion, 1% of the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 14.59 billion | 11.53 billion | 18.02 billion | 10 |
| 1990s | 19.22 billion | 11.71 billion | 26.29 billion | 10 |
| 2000s | 39.09 billion | 17.53 billion | 61.14 billion | 10 |
| 2010s | 94.86 billion | 68.15 billion | 107.60 billion | 10 |
| 2020s | 128.32 billion | 95.87 billion | 156.66 billion | 10 |
| 2030s | 167.56 billion | 163.82 billion | 171.30 billion | 2 |
Countries ranked near Ecuador
More public sector data for Ecuador
- Arms imports 25.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 25.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 148.77 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0218 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 0.2229 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.70 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 28.18 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross domestic product (gdp), current prices, fiscal year, domestic in Ecuador?
- Gross domestic product (gdp), current prices, fiscal year, domestic in Ecuador was 171.30 billion in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, fiscal year, domestic recorded in Ecuador?
- The highest recorded value was 171.30 billion in 2031.
- What is the lowest gross domestic product (gdp), current prices, fiscal year, domestic recorded in Ecuador?
- The lowest recorded value was 11.53 billion in 1989.
- How does Ecuador rank for gross domestic product (gdp), current prices, fiscal year, domestic?
- Ecuador ranks 20th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), current prices, fiscal year, domestic rising or falling in Ecuador?
- Over the last ten years it is up 59.8%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Fiscal year, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.