Author: Banco Central del Ecuador

  • Ecuador Fiscal Expenditure

    Fiscal Expenditure in Ecuador decreased to 1498.11 USD Million in July from 1981.69 USD Million in June of 2017. Fiscal Expenditure in Ecuador averaged 1059.38 USD Million from 1999 until 2017, reaching an all time high of 3819.10 USD Million in Decemb...

  • Ecuador Minimum Wages

    Minimum Wages in Ecuador increased to 366 USD/Month in 2016 from 354 USD/Month in 2015. Minimum Wages in Ecuador averaged 220.01 USD/Month from 2001 until 2016, reaching an all time high of 366 USD/Month in 2016 and a record low of 85.70 USD/Month in 2...

  • Ecuador Government Revenues

    Government Revenues in Ecuador decreased to 1299.77 USD Million in July from 1335.67 USD Million in June of 2017. Government Revenues in Ecuador averaged 928.03 USD Million from 1999 until 2017, reaching an all time high of 2934.61 USD Million in Augus...

  • Ecuador Changes in Inventories

    The stocks of goods held by firms in Ecuador increased by 341527 USD THO in the second quarter of 2017. Changes in Inventories in Ecuador averaged 176109.59 USD THO from 2000 until 2017, reaching an all time high of 578608 USD THO in the third quarter ...

  • Ecuador GDP Growth Rate

    The Gross Domestic Product (GDP) in Ecuador contracted 0.60 percent in the first quarter of 2017 over the previous quarter. GDP Growth Rate in Ecuador averaged 0.97 percent from 2000 until 2017, reaching an all time high of 3.40 percent in the fourth quarter of 2003 and a record low of -1.90 percent in the second quarter of 2003. Ecuador is the ninth largest economy in Latin America. From 2000 to 2012, the country has been expanding at an average rate of 1.15 percent on a quarter over quarter basis, mostly due to a rise in exports. Ecuador´s economy is highly dependent on oil exports. Shipments of oil account for 58 percent of total exports and for almost two fifths of government revenue. In order to reach its full growth potential, the country needs to reduce its dependence on oil revenue; increase the tax base; achieve political stability and reduce the levels of poverty and inequality. This page provides - Ecuador GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  • Ecuador GDP Growth Rate

    The Gross Domestic Product (GDP) in Ecuador contracted 0.60 percent in the first quarter of 2017 over the previous quarter. GDP Growth Rate in Ecuador averaged 0.97 percent from 2000 until 2017, reaching an all time high of 3.40 percent in the fourth quarter of 2003 and a record low of -1.90 percent in the second quarter of 2003. Ecuador is the ninth largest economy in Latin America. From 2000 to 2012, the country has been expanding at an average rate of 1.15 percent on a quarter over quarter basis, mostly due to a rise in exports. Ecuador´s economy is highly dependent on oil exports. Shipments of oil account for 58 percent of total exports and for almost two fifths of government revenue. In order to reach its full growth potential, the country needs to reduce its dependence on oil revenue; increase the tax base; achieve political stability and reduce the levels of poverty and inequality. This page provides - Ecuador GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  • Ecuador GDP Annual Growth Rate

    The Gross Domestic Product (GDP) in Ecuador expanded 2.60 percent in the first quarter of 2017 over the same quarter of the previous year. GDP Annual Growth Rate in Ecuador averaged 3.95 percent from 2000 until 2017, reaching an all time high of 10.20 percent in the second quarter of 2004 and a record low of -4 percent in the first quarter of 2016. The biggest sector of Ecuador´s economy is services. Retail and wholesale trade, hotels and restaurants, transport, communication and warehousing, financial intermediation, professional, technical, administrative and household services, education and health and government services and goods account for 57 percent of the GDP. Manufacturing, mining and quarrying create 23 percent of the wealth and construction and water and electricity distribution 11 percent. Agriculture, forestry and fishing account for the remaining 9 percent of GDP. This page provides the latest reported value for - Ecuador GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  • Ecuador GDP Annual Growth Rate

    The Gross Domestic Product (GDP) in Ecuador expanded 2.60 percent in the first quarter of 2017 over the same quarter of the previous year. GDP Annual Growth Rate in Ecuador averaged 3.95 percent from 2000 until 2017, reaching an all time high of 10.20 percent in the second quarter of 2004 and a record low of -4 percent in the first quarter of 2016. The biggest sector of Ecuador´s economy is services. Retail and wholesale trade, hotels and restaurants, transport, communication and warehousing, financial intermediation, professional, technical, administrative and household services, education and health and government services and goods account for 57 percent of the GDP. Manufacturing, mining and quarrying create 23 percent of the wealth and construction and water and electricity distribution 11 percent. Agriculture, forestry and fishing account for the remaining 9 percent of GDP. This page provides the latest reported value for - Ecuador GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.