Taxes on goods and services (current LCU), annual growth rate in Ecuador
Ecuador: Taxes on goods and services (current LCU), annual growth rate was 6.85 % change on previous year in 2022. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Ecuador, 2014–2022
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Ecuador recorded 6.85 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2022.
The figure is down 53.1% on the previous year and up 17.1% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Ecuador peaked at 14.59 % change on previous year in 2021 and was at its lowest, -18.28 % change on previous year, in 2020.
That places Ecuador 99th out of 156 countries with data for 2022, putting it in the middle of the range.
Taxes on goods and services (current LCU), annual growth rate in Ecuador, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2014 | 5.85 % change on previous year | — |
| 2015 | 1.63 % change on previous year | -72.1% |
| 2016 | -11.82 % change on previous year | -823.3% |
| 2017 | 10.6 % change on previous year | -189.6% |
| 2018 | 2.87 % change on previous year | -72.9% |
| 2019 | -2.32 % change on previous year | -180.7% |
| 2020 | -18.28 % change on previous year | +689.1% |
| 2021 | 14.59 % change on previous year | -179.8% |
| 2022 | 6.85 % change on previous year | -53.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.14 % change on previous year | -11.82 % change on previous year | 10.6 % change on previous year | 6 |
| 2020s | 1.05 % change on previous year | -18.28 % change on previous year | 14.59 % change on previous year | 3 |
Countries ranked near Ecuador
- 96 Barbados 7.39 % change on previous year
- 97 Uganda 7.28 % change on previous year compare
- 98 Costa Rica 6.87 % change on previous year compare
- 100 Kenya 6.65 % change on previous year compare
- 101 Republic of Korea 6.45 % change on previous year compare
- 102 Netherlands 6.4 % change on previous year compare
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 taxes on goods and services (current lcu), annual growth rate in Ecuador?
- Taxes on goods and services (current lcu), annual growth rate in Ecuador was 6.85 % change on previous year in 2022, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Ecuador?
- The highest recorded value was 14.59 % change on previous year in 2021.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Ecuador?
- The lowest recorded value was -18.28 % change on previous year in 2020.
- How does Ecuador rank for taxes on goods and services (current lcu), annual growth rate?
- Ecuador ranks 99th out of 156 countries with data for 2022.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Ecuador?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.