Taxes on goods and services (% value added of industry and services) in Ecuador
Ecuador: Taxes on goods and services (% value added of industry and services) was 7.4% 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 % value added of industry and services.
Analysis
Ecuador recorded 7.4% for taxes on goods and services in 2022. That is the lowest value across all 10 years on record.
That represents a change of down 3.6% on the previous year and down 11.2% over ten years.
Over the whole period, taxes on goods and services in Ecuador peaked at 9.3% in 2015 and was at its lowest, 7.4%, in 2022.
Ecuador ranks 106th of 154 countries on this measure, in the middle of the range.
Taxes on goods and services (% value added of industry and services) in Ecuador, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 2013 | 8.4% | — |
| 2014 | 8.4% | -0.1% |
| 2015 | 9.3% | +11.0% |
| 2016 | 8.1% | -12.7% |
| 2017 | 8.3% | +2.9% |
| 2018 | 8.3% | -0.3% |
| 2019 | 8.2% | -1.7% |
| 2020 | 7.6% | -7.4% |
| 2021 | 7.7% | +1.9% |
| 2022 | 7.4% | -3.6% |
Ecuador compared with similar countries
- Ecuador's 7.4% is below the median for upper middle income countries, which is 9.8%, 76% of the median. (48 countries reporting)
- Ecuador's 7.4% is below the median for Latin America & Caribbean, which is 9.1%, 81% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.4% | 8.1% | 9.3% | 7 |
| 2020s | 7.6% | 7.4% | 7.7% | 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)
- 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 7.4% 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 9.3% in 2015.
- What is the lowest taxes on goods and services recorded in Ecuador?
- The lowest recorded value was 7.4% in 2022.
- How does Ecuador rank for taxes on goods and services?
- Ecuador ranks 106th out of 154 countries with data for 2022.
- Is taxes on goods and services rising or falling in Ecuador?
- Over the last ten years it is down 11.2%. 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 (% value added of industry and services). 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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.