Taxes on goods and services (% of revenue) in Ecuador
Ecuador: Taxes on goods and services (% of revenue) 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 (% of revenue) 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% |
Ecuador compared with similar countries
- Ecuador's 21.1% is below the median for upper middle income countries, which is 34.9%, 60% of the median. (48 countries reporting)
- Ecuador's 21.1% is below the median for Latin America & Caribbean, which is 36.3%, 58% of the median. (25 countries reporting)
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
- 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 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.
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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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.