Annual growth rate of real GDP per capita (%) in Ecuador
Ecuador: Annual growth rate of real GDP per capita (%) was -2.8% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Ecuador, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth rate of real gdp per capita in Ecuador is -2.8%, measured in 2024.
The figure is down 354.5% on the previous year and down 203.7% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Ecuador peaked at 8.6% in 2021 and was at its lowest, -10.3%, in 2020.
Ecuador ranks 212th of 228 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita (%) in Ecuador, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.2% | — |
| 2001 | 2.4% | -25.0% |
| 2002 | 3.1% | +29.2% |
| 2003 | 1.1% | -64.5% |
| 2004 | 5.0% | +354.5% |
| 2005 | 3.6% | -28.0% |
| 2006 | 2.6% | -27.8% |
| 2007 | 0.2% | -92.3% |
| 2008 | 4.8% | +2300.0% |
| 2009 | -0.6% | -112.5% |
| 2010 | 2.3% | -483.3% |
| 2011 | 6.7% | +191.3% |
| 2012 | 4.1% | -38.8% |
| 2013 | 5.6% | +36.6% |
| 2014 | 2.7% | -51.8% |
| 2015 | -1.3% | -148.1% |
| 2016 | -2.1% | +61.5% |
| 2017 | 4.4% | -309.5% |
| 2018 | -0.7% | -115.9% |
| 2019 | -1.5% | +114.3% |
| 2020 | -10.3% | +586.7% |
| 2021 | 8.6% | -183.5% |
| 2022 | 5.0% | -41.9% |
| 2023 | 1.1% | -78.0% |
| 2024 | -2.8% | -354.5% |
Ecuador compared with similar countries
- Ecuador's -2.8% is below the median for upper middle income countries, which is 2.9%. (55 countries reporting)
- Ecuador's -2.8% is below the median for Latin America & Caribbean, which is 2.2%. (38 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) 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 | +2300.0% | 0.2% | 4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.5% | -0.6% | 5.0% | 10 |
| 2010s | 2.0% | -2.1% | 6.7% | 10 |
| 2020s | 0.3% | -10.3% | 8.6% | 5 |
Countries ranked near Ecuador
- 210 Central African Republic -1.9% compare
- 211 Iceland -2.7% compare
- 212 Oman -2.8% compare
- 214 Iraq -3.6% compare
- 215 Equatorial Guinea -4.2% compare
More economy & growth data for Ecuador
- Real gdp growth, annual growth rate 291.67 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -72.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.2802 units per person (2025)
- SDRs holdings, SDR, annual growth rate -74.12 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2046 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 12.99 % change on previous year (2025)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Ecuador?
- Annual growth rate of real gdp per capita in Ecuador was -2.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Ecuador?
- The highest recorded value was 8.6% in 2021.
- What is the lowest annual growth rate of real gdp per capita recorded in Ecuador?
- The lowest recorded value was -10.3% in 2020.
- How does Ecuador rank for annual growth rate of real gdp per capita?
- Ecuador ranks 212th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Ecuador?
- Over the last ten years it is down 203.7%. 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 rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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