Taxes on goods and services in Ecuador
Ecuador: Taxes on goods and services was 21.1% in 2022. ▼ Falling
Taxes on goods and services in Ecuador, 2013–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Ecuador recorded 21.1% for taxes on goods and services in 2022. That is the lowest value across all 10 years on record.
The figure is down 5.5% on the previous year and down 13.4% over ten years.
Over the whole period, taxes on goods and services in Ecuador peaked at 25.8% in 2017 and was at its lowest, 21.1%, in 2022.
Ecuador ranks 124th of 156 countries on this measure, in the bottom quarter.
Taxes on goods and services in Ecuador, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2013 | 24.3% | — |
| 2014 | 25.6% | +5.3% |
| 2015 | 25.8% | +0.6% |
| 2016 | 23.6% | -8.2% |
| 2017 | 25.8% | +9.0% |
| 2018 | 23.1% | -10.3% |
| 2019 | 23.7% | +2.7% |
| 2020 | 23.8% | +0.3% |
| 2021 | 22.3% | -6.3% |
| 2022 | 21.1% | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 24.6% | 23.1% | 25.8% | 7 |
| 2020s | 22.4% | 21.1% | 23.8% | 3 |
Countries ranked near Ecuador
- 121 Malaysia 22.6% compare
- 122 Azerbaijan 21.7% compare
- 123 Singapore 21.5% compare
- 125 Saint Kitts and Nevis 21.0% compare
- 126 Niger 20.9%
- 127 Trinidad and Tobago 20.8% 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 in Ecuador?
- Taxes on goods and services in Ecuador was 21.1% 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 25.8% in 2017.
- What is the lowest taxes on goods and services recorded in Ecuador?
- The lowest recorded value was 21.1% in 2022.
- How does Ecuador rank for taxes on goods and services?
- Ecuador ranks 124th out of 156 countries with data for 2022.
- Is taxes on goods and services rising or falling in Ecuador?
- Over the last ten years it is down 13.4%. 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 Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.