Annual growth of general government final consumption expenditure in Ecuador
Ecuador: Annual growth of general government final consumption expenditure was 3.7 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in Ecuador, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual growth of general government final consumption expenditure in Ecuador is 3.7, measured in 2023.
The figure is up 105.6% on the previous year and down 67.4% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Ecuador peaked at 14.75 in 2009 and was at its lowest, -18.46, in 2001.
That places Ecuador 42nd out of 167 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4 | — |
| 2001 | -18.46 | -561.5% |
| 2002 | 3.87 | -121.0% |
| 2003 | 1.53 | -60.5% |
| 2004 | -1.76 | -215.0% |
| 2005 | 3.34 | -289.8% |
| 2006 | 3.84 | +15.0% |
| 2007 | 5.54 | +44.3% |
| 2008 | 11.15 | +101.3% |
| 2009 | 14.75 | +32.3% |
| 2010 | 3.4 | -76.9% |
| 2011 | 9.05 | +166.2% |
| 2012 | 11.55 | +27.6% |
| 2013 | 11.34 | -1.8% |
| 2014 | 7.9 | -30.3% |
| 2015 | 5.6 | -29.1% |
| 2016 | -4.15 | -174.1% |
| 2017 | 4.94 | -219.0% |
| 2018 | 3.9 | -21.1% |
| 2019 | -2.84 | -172.8% |
| 2020 | -4.04 | +42.3% |
| 2021 | 0.05 | -101.2% |
| 2022 | 1.8 | +3500.0% |
| 2023 | 3.7 | +105.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.78 | -18.46 | 14.75 | 10 |
| 2010s | 5.07 | -4.15 | 11.55 | 10 |
| 2020s | 0.3775 | -4.04 | 3.7 | 4 |
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)
- Manufacturing, value added (constant LCU), per capita 854.31 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.28 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2567 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,829 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 1.28 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.2567 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 1,829 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 1.75 % change on previous year (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Ecuador?
- Annual growth of general government final consumption expenditure in Ecuador was 3.7 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Ecuador?
- The highest recorded value was 14.75 in 2009.
- What is the lowest annual growth of general government final consumption expenditure recorded in Ecuador?
- The lowest recorded value was -18.46 in 2001.
- How does Ecuador rank for annual growth of general government final consumption expenditure?
- Ecuador ranks 42nd out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Ecuador?
- Over the last ten years it is down 67.4%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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