Annual growth of exports of goods and services in Ecuador
Ecuador: Annual growth of exports of goods and services was 1.8% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Ecuador, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Ecuador recorded 1.8% for annual growth of exports of goods and services in 2024.
That represents a change of up 117.0% on the previous year and down 62.8% over ten years.
Over the whole period, annual growth of exports of goods and services in Ecuador peaked at 10.2% in 2004 and was at its lowest, -17.0%, in 2001.
Ecuador ranks 109th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.5% | — |
| 2001 | -17.0% | -770.2% |
| 2002 | 2.1% | -112.4% |
| 2003 | 7.6% | +261.1% |
| 2004 | 10.2% | +33.8% |
| 2005 | 8.4% | -17.4% |
| 2006 | 7.2% | -14.7% |
| 2007 | -0.1% | -101.7% |
| 2008 | 4.4% | -3663.3% |
| 2009 | -6.8% | -254.8% |
| 2010 | 0.5% | -107.6% |
| 2011 | 6.5% | +1166.4% |
| 2012 | 4.9% | -24.3% |
| 2013 | 2.7% | -45.4% |
| 2014 | 4.8% | +79.1% |
| 2015 | -4.8% | -200.0% |
| 2016 | -5.0% | +3.7% |
| 2017 | 2.6% | -152.6% |
| 2018 | 1.9% | -29.3% |
| 2019 | 4.9% | +166.4% |
| 2020 | -3.9% | -179.2% |
| 2021 | 9.4% | -341.3% |
| 2022 | 7.8% | -16.7% |
| 2023 | 0.8% | -89.5% |
| 2024 | 1.8% | +117.0% |
Ecuador compared with similar countries
- Ecuador's 1.8% is below the median for upper middle income countries, which is 3.1%, 57% of the median. (46 countries reporting)
- Ecuador's 1.8% is below the median for Latin America & Caribbean, which is 2.8%, 65% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services in Ecuador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +3663.3% | -0.1% | 4.4% |
| 2011 | +1166.4% | 0.5% | 6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | -17.0% | 10.2% | 10 |
| 2010s | 1.9% | -5.0% | 6.5% | 10 |
| 2020s | 3.2% | -3.9% | 9.4% | 5 |
Countries ranked near Ecuador
More economy & growth data for Ecuador
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.51 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.30 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 191.26 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.01 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 71.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.84 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Ecuador?
- Annual growth of exports of goods and services in Ecuador was 1.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Ecuador?
- The highest recorded value was 10.2% in 2004.
- What is the lowest annual growth of exports of goods and services recorded in Ecuador?
- The lowest recorded value was -17.0% in 2001.
- How does Ecuador rank for annual growth of exports of goods and services?
- Ecuador ranks 109th out of 186 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Ecuador?
- Over the last ten years it is down 62.8%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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