Ecuador vs Venezuela: Gross domestic product (GDP)

Ecuador
175.03 billion international-$ in 2011 prices
in 2022
Venezuela
149.68 billion international-$ in 2011 prices
in 2022
Ecuador rank
71st
Venezuela rank
74th

Gross domestic product (GDP) over time

  • Ecuador
  • Venezuela
0200.0B400.0B600.0B182019212022

How they compare

Ecuador currently reports 175.03 billion international-$ in 2011 prices against 149.68 billion international-$ in 2011 prices in Venezuela, a difference of 25.35 billion international-$ in 2011 prices.

That makes Ecuador's figure about 1.2 times Venezuela's.

The two have swapped places 1 time across 124 shared years of data; in 1870 it was Venezuela ahead.

Ecuador ranks 71st and Venezuela ranks 74th of 165 countries.

Across the 14 decades both report, Ecuador averaged higher in 1 and Venezuela in 13.

Head to head by decade

Decade Ecuador Venezuela Difference Ahead
1870s 769.88 million international-$ in 2011 prices 2.92 billion international-$ in 2011 prices 2.15 billion international-$ in 2011 prices Venezuela
1900s 1.81 billion international-$ in 2011 prices 4.69 billion international-$ in 2011 prices 2.89 billion international-$ in 2011 prices Venezuela
1910s 2.61 billion international-$ in 2011 prices 5.40 billion international-$ in 2011 prices 2.79 billion international-$ in 2011 prices Venezuela
1920s 3.31 billion international-$ in 2011 prices 7.18 billion international-$ in 2011 prices 3.87 billion international-$ in 2011 prices Venezuela
1930s 4.18 billion international-$ in 2011 prices 12.10 billion international-$ in 2011 prices 7.92 billion international-$ in 2011 prices Venezuela
1940s 6.52 billion international-$ in 2011 prices 24.55 billion international-$ in 2011 prices 18.03 billion international-$ in 2011 prices Venezuela
1950s 12.53 billion international-$ in 2011 prices 63.86 billion international-$ in 2011 prices 51.33 billion international-$ in 2011 prices Venezuela
1960s 20.10 billion international-$ in 2011 prices 122.62 billion international-$ in 2011 prices 102.51 billion international-$ in 2011 prices Venezuela
1970s 37.65 billion international-$ in 2011 prices 204.96 billion international-$ in 2011 prices 167.31 billion international-$ in 2011 prices Venezuela
1980s 57.01 billion international-$ in 2011 prices 238.99 billion international-$ in 2011 prices 181.98 billion international-$ in 2011 prices Venezuela
1990s 76.87 billion international-$ in 2011 prices 304.81 billion international-$ in 2011 prices 227.93 billion international-$ in 2011 prices Venezuela
2000s 109.08 billion international-$ in 2011 prices 385.76 billion international-$ in 2011 prices 276.67 billion international-$ in 2011 prices Venezuela
2010s 165.53 billion international-$ in 2011 prices 426.29 billion international-$ in 2011 prices 260.76 billion international-$ in 2011 prices Venezuela
2020s 169.29 billion international-$ in 2011 prices 142.12 billion international-$ in 2011 prices 27.16 billion international-$ in 2011 prices Ecuador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), Ecuador or Venezuela?
Ecuador, at 175.03 billion international-$ in 2011 prices against 149.68 billion international-$ in 2011 prices in Venezuela as of 2022.
What is the difference in gross domestic product (gdp) between Ecuador and Venezuela?
25.35 billion international-$ in 2011 prices, with Ecuador ahead.
How many years of comparable data are there for Ecuador and Venezuela?
124 years are reported by both, from 1870 to 2022.
How do Ecuador and Venezuela rank globally for gross domestic product (gdp)?
Ecuador ranks 71st and Venezuela ranks 74th of 165 countries.
Where does this data come from?
Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as Gross domestic product (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2011 prices
Source
Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 15,675 data points, 1000–2022
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.