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Macro

Ecuador

Latin America & Caribbean · Upper middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 5.3%
Current prices2025
130USD bn
GDP per capita▲ 4.5%
Current prices2025
7,199USD
Real GDP growth▲ 5.7 pp
Annual change2025
3.7%
Inflation▼ 0.8 pp
Average consumer prices2025
0.7%
Unemployment▼ 0.3 pp
Rate2025
3.1%
Government debt▲ 0.3 pp
General government, gross2025
54.4% of GDP
Current account▲ 0.1 pp
Balance2025
5.8% of GDP
Population▲ 0.8%
Total2025
18.10million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-9.20.09.41995: 2.3%1996: 1.7%1997: 4.3%1998: 3.3%1999: -4.7%2000: 1.1%2001: 4.2%2002: 4.9%2003: 2.9%2004: 6.8%2005: 5.4%2006: 4.3%2007: 1.9%2008: 6.6%2009: 1.1%2010: 4.0%2011: 8.5%2012: 5.8%2013: 7.2%2014: 4.2%2015: 0.1%2016: -0.7%2017: 6.0%2018: 1.0%2019: 0.2%2020: -9.2%2021: 9.4%2022: 5.9%2023: 1.8%2024: -1.9%2025: 3.7%2026: 2.5% (IMF projection)2027: 2.5% (IMF projection)2028: 2.6% (IMF projection)2029: 2.8% (IMF projection)2030: 3.0% (IMF projection)2031: 3.0% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-0.30.096.11995: 22.9%1996: 24.4%1997: 30.6%1998: 36.1%1999: 52.2%2000: 96.1%2001: 37.7%2002: 12.5%2003: 7.9%2004: 2.7%2005: 2.2%2006: 3.3%2007: 2.3%2008: 8.4%2009: 5.2%2010: 3.6%2011: 4.5%2012: 5.1%2013: 2.7%2014: 3.6%2015: 4.0%2016: 1.7%2017: 0.4%2018: -0.2%2019: 0.3%2020: -0.3%2021: 0.1%2022: 3.5%2023: 2.2%2024: 1.5%2025: 0.7%2026: 2.9% (IMF projection)2027: 1.6% (IMF projection)2028: 1.5% (IMF projection)2029: 1.5% (IMF projection)2030: 1.5% (IMF projection)2031: 1.5% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %9.45.91.8-1.93.72.52.52.62.83.0
Inflation, average consumer prices %0.13.52.21.50.72.91.61.51.51.5
Unemployment rate %4.73.83.63.43.13.13.13.13.13.1
GDP, current prices USD bn107116121124130138144150157164
GDP per capita, current prices USD6,0856,5566,7736,8917,1997,5757,8398,1038,3908,707
GDP per capita, PPP Int. USD13,56015,28916,03715,99716,93517,72018,41819,05919,78820,598
General government gross debt % of GDP61.857.254.554.154.4–––––
General government net lending/borrowing % of GDP-1.60.0-3.5-1.3-2.9–––––
Current account balance % of GDP2.82.02.05.75.85.24.64.44.03.6
Population million17.6117.7217.8317.9718.1018.2418.3918.5318.6718.82

Government debt, % of GDP

General government gross debt
0.063.82001: 64%2002: 55%2003: 47%2004: 40%2005: 36%2006: 33%2007: 30%2008: 25%2009: 20%2010: 18%2011: 19%2012: 19%2013: 23%2014: 28%2015: 36%2016: 46%2017: 47%2018: 50%2019: 52%2020: 64%2021: 62%2022: 57%2023: 54%2024: 54%2025: 54%20052010201520202025

Current account, % of GDP

Balance of payments
-4.50.06.32000: 6.3%2001: -2.4%2002: -4.5%2003: -1.2%2004: -1.4%2005: 1.2%2006: 3.8%2007: 3.8%2008: 2.9%2009: 0.5%2010: -2.3%2011: -0.5%2012: -0.2%2013: -1.0%2014: -0.7%2015: -2.3%2016: 0.9%2017: -0.4%2018: -1.5%2019: -0.5%2020: 2.1%2021: 2.8%2022: 2.0%2023: 2.0%2024: 5.7%2025: 5.8%2026: 5.2% (IMF projection)2027: 4.6% (IMF projection)2028: 4.4% (IMF projection)2029: 4.0% (IMF projection)2030: 3.6% (IMF projection)2031: 3.1% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
199521.927.122.247.8
20057.732.114.754.4
20158.028.114.357.6
20259.725.713.257.0

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method6,890USD2025+15.4%
GNI, Atlas method126USD bn2025+29.8%
Exports of goods and services31.4% of GDP2025+8.7 pp
Imports of goods and services27.9% of GDP2025+2.8 pp
Life expectancy at birth77.6years2024+1.9%
Urban population63.4% of total2025+0.4 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)