Taxes on goods and services (current LCU) in Ecuador
Ecuador: Taxes on goods and services (current LCU) was 7.58 billion current LCU in 2022. ▬ Flat
Taxes on goods and services in Ecuador, 2013–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in Ecuador is 7.58 billion current LCU, measured in 2022.
Compared with earlier readings it is up 6.8% on the previous year and up 5.5% over ten years.
Over the whole period, taxes on goods and services in Ecuador peaked at 7.75 billion current LCU in 2018 and was at its lowest, 6.19 billion current LCU, in 2020.
That places Ecuador 124th out of 157 countries with data for 2022, putting it in the bottom quarter.
Taxes on goods and services (current LCU) in Ecuador, year by year
| Year | current LCU | Change |
|---|---|---|
| 2013 | 7.18 billion current LCU | — |
| 2014 | 7.60 billion current LCU | +5.8% |
| 2015 | 7.73 billion current LCU | +1.6% |
| 2016 | 6.81 billion current LCU | -11.8% |
| 2017 | 7.53 billion current LCU | +10.6% |
| 2018 | 7.75 billion current LCU | +2.9% |
| 2019 | 7.57 billion current LCU | -2.3% |
| 2020 | 6.19 billion current LCU | -18.3% |
| 2021 | 7.09 billion current LCU | +14.6% |
| 2022 | 7.58 billion current LCU | +6.8% |
Ecuador compared with similar countries
- Ecuador's 7.58 billion current LCU is below the median for upper middle income countries, which is 103.35 billion current LCU, 7% of the median. (48 countries reporting)
- Ecuador's 7.58 billion current LCU is below the median for Latin America & Caribbean, which is 58.28 billion current LCU, 13% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.45 billion current LCU | 6.81 billion current LCU | 7.75 billion current LCU | 7 |
| 2020s | 6.95 billion current LCU | 6.19 billion current LCU | 7.58 billion current LCU | 3 |
Countries ranked near Ecuador
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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on goods and services in Ecuador?
- Taxes on goods and services in Ecuador was 7.58 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Ecuador?
- The highest recorded value was 7.75 billion current LCU in 2018.
- What is the lowest taxes on goods and services recorded in Ecuador?
- The lowest recorded value was 6.19 billion current LCU in 2020.
- How does Ecuador rank for taxes on goods and services?
- Ecuador ranks 124th out of 157 countries with data for 2022.
- Is taxes on goods and services rising or falling in Ecuador?
- Over the last ten years it is up 5.5%. The long-run trend across the full record is flat.
- 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.