Ecuador Economic Statistics and Indicators

13, Feb 2012, CET. Welcome to the Econ Stats Beta from EconomyWatch.com.

Country: Ecuador
National or Regional Currency: US Dollar, US$
Year of data: 2004 › Change year
Date of Last Update: 1st August 2011
Area: total: 283,561 sq km land: 276,841 sq km water: 6,720 sq km note: includes Galapagos Islands
Natural Resources: petroleum, fish, timber, hydropower
Capital: name: Quito geographic coordinates: 0 13 S, 78 30 W time difference: UTC-5 (same time as Washington, DC during Standard Time)
Data Source: All Sources (IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International)
More on the Ecuador Economy
More on the Ecuador Export, Import and Trade
Economic Indicator Listing
  For Ecuador in year 2004 Indicator Value
GDP Growth (Constant Prices, National Currency) 8.824 %
GDP (Current Prices, National Currency)US$ 32.646 Billion.
GDP (Current Prices, US Dollars)US$ 32.646 Billion
GDP Deflator 164.651 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)US$ 1,464.50 .
GDP Per Capita (Current Prices, National Currency)US$ 2,411.32 .
GDP Per Capita (Current Prices, US Dollars)US$ 2,411.32
GDP (PPP), US DollarsUS$ 80.139 Billion
GDP Per Capita (PPP), US DollarsUS$ 5,919.31
GDP Share of World Total (PPP) 0.152 %
Implied PPP Conversion Rate 0.407
Investment (% of GDP) 23.295 %
Gross National Savings (% of GDP) 21.681 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 1,134.35 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 2.74 %
Inflation, End of Year (Indexed to Year 2000) 1,045.68 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 1.95 %
Import Volume of All Items Including Goods and Services (Percent Change) 11.096 %
Import Volumes of Goods Only (Percent Change) 3.484 %
Export Volume of All Items Including Goods and Services (Percent Change) 15.894 %
Export Volumes of Goods Only (Percent Change) 24.994 %
Value of Oil ImportsUS$ 0.995 Billions
Value of Oil ExportsUS$ 4.234 Billions
Unemployment Rate (% of Labour Force) 10.968 %
Population 13.539 Million
General government revenue (National Currency)US$ 8.177 Billions.
General government revenue (% of GDP) 25.048 %
General government total expenditure (National Currency)US$ 7.47 Billions.
General government total expenditure (% of GDP) 22.883 %
Total Government Net Lending/ Borrowing (National Currency)US$ 0.707 Billions.
Total Government Net Lending/ Borrowing (% of GDP) 2.166 %
General Government Structural Balance (National Currency)US$ 0.132 Billion.
Total Government Gross Debt (National Currency)US$ 16.421 Billion.
Total Government Gross Debt (% of GDP) 50.301 %
Fiscal Year Gross Domestic Product, Current PricesUS$ 32.646 Billions.
Current Account Balance (US Dollars)US$ -0.527 Billion
Current Account Balance (% GDP) -1.614 %
Economic Indicators for Ecuador 2004

GDP (Constant Prices, National Currency) for Ecuador in year 2004 is US$ 19.827 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Ecuador in year 2004 is 8.824 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Ecuador in year 2004 is US$ 32.646 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Ecuador in year 2004 is US$ 32.646 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

GDP Deflator for Ecuador in year 2004 is 164.651 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Ecuador in year 2004 is US$ 1,464.50 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Ecuador in year 2004 is US$ 2,411.32 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Ecuador in year 2004 is US$ 2,411.32 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

GDP (PPP), US Dollars for Ecuador in year 2004 is US$ 80.139 Billion. Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Per Capita (PPP), US Dollars for Ecuador in year 2004 is US$ 5,919.31 . Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Ecuador in year 2004 is 0.152 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Implied PPP Conversion Rate for Ecuador in year 2004 is 0.407 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Investment (% of GDP) for Ecuador in year 2004 is 23.295 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Gross National Savings (% of GDP) for Ecuador in year 2004 is 21.681 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Ecuador in year 2004 is 1,134.35 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Ecuador in year 2004 is 2.74 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Ecuador in year 2004 is 1,045.68 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Ecuador in year 2004 is 1.95 %. Data for inflation are end of the period, not annual average data.

Import Volume of All Items Including Goods and Services (Percent Change) for Ecuador in year 2004 is 11.096 %.

Import Volumes of Goods Only (Percent Change) for Ecuador in year 2004 is 3.484 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Ecuador in year 2004 is 15.894 %.

Export Volumes of Goods Only (Percent Change) for Ecuador in year 2004 is 24.994 %.

Value of Oil Imports for Ecuador in year 2004 is US$ 0.995 Billions. Value is equal to the price per unit of quantity of oil imports multiplied by the number of quantity units.

Value of Oil Exports for Ecuador in year 2004 is US$ 4.234 Billions. Value is equal to the price per unit of quantity of oil exports multiplied by the number of quantity units.

Unemployment Rate (% of Labour Force) for Ecuador in year 2004 is 10.968 %.

Population for Ecuador in year 2004 is 13.539 Million .

General government revenue (National Currency) for Ecuador in year 2004 is US$ 8.177 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) for Ecuador in year 2004 is 25.048 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (National Currency) for Ecuador in year 2004 is US$ 7.47 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

General government total expenditure (% of GDP) for Ecuador in year 2004 is 22.883 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

Total Government Net Lending/ Borrowing (National Currency) for Ecuador in year 2004 is US$ 0.707 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

Total Government Net Lending/ Borrowing (% of GDP) for Ecuador in year 2004 is 2.166 %.

General Government Structural Balance (National Currency) for Ecuador in year 2004 is US$ 0.132 Billion. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

Total Government Gross Debt (National Currency) for Ecuador in year 2004 is US$ 16.421 Billion. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Total Government Gross Debt (% of GDP) for Ecuador in year 2004 is 50.301 %. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Fiscal Year Gross Domestic Product, Current Prices for Ecuador in year 2004 is US$ 32.646 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

Current Account Balance (US Dollars) for Ecuador in year 2004 is US$ -0.527 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) for Ecuador in year 2004 is -1.614 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

* Source: IMF
Aggregate Indicators for Ecuador
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Ecuador
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Ecuador
  Natural Resources, Agricultural Products, Land Use and Water Use for Ecuador
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Ecuador
  Age Structure, Median Age, Gender and Urbanization for Ecuador
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Ecuador
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Ecuador
  HIV, AIDS and Other Major Infectious Disease Rates for Ecuador
  Nationality, Ethnic Groups, Languages and Religions for Ecuador
  Literacy Rate, Educational Expenditure and School Life Expectancy for Ecuador
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Ecuador
  Labor Force by Occupation for Ecuador
  Poverty Line, Gini Index, Household Income and Consumption for Ecuador
  National Budget and Public Debt for Ecuador
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Ecuador
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Ecuador
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Ecuador
  Industries and Industrial Growth Production Rate for Ecuador
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Ecuador
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Ecuador
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Ecuador
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Ecuador
  Foreign Exchange Reserves and Gold Reserves for Ecuador
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Ecuador
  Exchange Rate Statistics for Ecuador
  Television and Radio Statistics (TV Stats, Radio Stats) for Ecuador
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Ecuador
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Ecuador
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Ecuador
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Ecuador
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Ecuador
* Source: CIA
Internet Indicators for Ecuador
Indicators
  Number of Internet Users for Ecuador
  Internet Penetration Rate for Ecuador
  Number of Facebook Accounts for Ecuador
  Facebook Penetration Rate for Ecuador
* Source: IWS
Economic Freedom Indicators for Ecuador
Indicators
  Economic Freedom World Rank for Ecuador
  Economic Freedom Regional Ranking for Ecuador
  Business Freedom for Ecuador
  Trade Freedom for Ecuador
  Fiscal Freedom for Ecuador
  Government Spending for Ecuador
  Monetary Freedom for Ecuador
  Investment Freedom for Ecuador
  Financial Freedom for Ecuador
  Property Rights for Ecuador
  Freedom from Corruption for Ecuador
  Labor Freedom for Ecuador
  Tariff Rate for Ecuador
  Income Tax Rate for Ecuador
  Corporate Tax Rate for Ecuador
  Tax Burden % of GDP for Ecuador
  Government Expenditure % of GDP for Ecuador
* Source: HFO
Corruption Perceptions Index Rank and Score for Ecuador
Indicator
  Corruption Perceptions Index Rank and Score for Ecuador
* Source: TIO
Ecuador Economic Indicators in other Years
  Ecuador Economic Indicators for Year 2016 (Forecast)
  Ecuador Economic Indicators for Year 2015 (Forecast)
  Ecuador Economic Indicators for Year 2014 (Forecast)
  Ecuador Economic Indicators for Year 2013 (Forecast)
  Ecuador Economic Indicators for Year 2012 (Forecast)
  Ecuador Economic Indicators for Year 2011 (Forecast)
  Ecuador Economic Indicators for Year 2010 (Current)
  Ecuador Economic Indicators for Year 2009
  Ecuador Economic Indicators for Year 2008
  Ecuador Economic Indicators for Year 2007
  Ecuador Economic Indicators for Year 2006
  Ecuador Economic Indicators for Year 2005
Ecuador Economic Indicators for Year 2004
  Ecuador Economic Indicators for Year 2003
  Ecuador Economic Indicators for Year 2002
  Ecuador Economic Indicators for Year 2001
  Ecuador Economic Indicators for Year 2000
  Ecuador Economic Indicators for Year 1999
  Ecuador Economic Indicators for Year 1998
  Ecuador Economic Indicators for Year 1997
  Ecuador Economic Indicators for Year 1996
  Ecuador Economic Indicators for Year 1995
  Ecuador Economic Indicators for Year 1994
  Ecuador Economic Indicators for Year 1993
  Ecuador Economic Indicators for Year 1992
  Ecuador Economic Indicators for Year 1991
  Ecuador Economic Indicators for Year 1990
  Ecuador Economic Indicators for Year 1989
  Ecuador Economic Indicators for Year 1988
  Ecuador Economic Indicators for Year 1987
  Ecuador Economic Indicators for Year 1986
  Ecuador Economic Indicators for Year 1985
  Ecuador Economic Indicators for Year 1984
  Ecuador Economic Indicators for Year 1983
  Ecuador Economic Indicators for Year 1982
  Ecuador Economic Indicators for Year 1981
  Ecuador Economic Indicators for Year 1980