Annual growth of imports of goods and services in Ecuador
Ecuador: Annual growth of imports of goods and services was 1.7% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Ecuador, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of imports of goods and services in Ecuador is 1.7%, measured in 2024.
Compared with earlier readings it is up 167.7% on the previous year and down 70.9% over ten years.
Over the whole period, annual growth of imports of goods and services in Ecuador peaked at 21.4% in 2021 and was at its lowest, -18.3%, in 2020.
That places Ecuador 117th out of 176 countries with data for 2024, putting it 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 imports of goods and services in Ecuador, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 12.8% | — |
| 2001 | 6.0% | -52.9% |
| 2002 | 20.8% | +243.9% |
| 2003 | -3.7% | -117.8% |
| 2004 | 4.2% | -214.9% |
| 2005 | 14.2% | +233.2% |
| 2006 | 9.8% | -30.6% |
| 2007 | 6.9% | -29.6% |
| 2008 | 14.2% | +106.2% |
| 2009 | -7.6% | -153.4% |
| 2010 | 13.5% | -276.9% |
| 2011 | 3.7% | -72.3% |
| 2012 | 1.0% | -73.5% |
| 2013 | 7.7% | +678.8% |
| 2014 | 5.7% | -26.1% |
| 2015 | -5.3% | -192.5% |
| 2016 | -13.4% | +154.8% |
| 2017 | 13.8% | -203.1% |
| 2018 | 4.6% | -67.1% |
| 2019 | 1.0% | -77.2% |
| 2020 | -18.3% | -1857.7% |
| 2021 | 21.4% | -217.3% |
| 2022 | 9.6% | -55.5% |
| 2023 | 0.6% | -93.5% |
| 2024 | 1.7% | +167.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.8% | -7.6% | 20.8% | 10 |
| 2010s | 3.2% | -13.4% | 13.8% | 10 |
| 2020s | 3.0% | -18.3% | 21.4% | 5 |
Countries ranked near Ecuador
- 115 Kazakhstan 2.1% compare
- 116 Malawi 1.7% compare
- 118 Bahrain 1.6% compare
- 119 New Zealand 1.5% compare
- 120 Gabon 1.3% compare
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 imports of goods and services in Ecuador?
- Annual growth of imports of goods and services in Ecuador was 1.7% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Ecuador?
- The highest recorded value was 21.4% in 2021.
- What is the lowest annual growth of imports of goods and services recorded in Ecuador?
- The lowest recorded value was -18.3% in 2020.
- How does Ecuador rank for annual growth of imports of goods and services?
- Ecuador ranks 117th out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Ecuador?
- Over the last ten years it is down 70.9%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).