Chemicals in Ecuador
Ecuador: Chemicals was 8.9% in 2023. ▬ Flat
Chemicals in Ecuador, 1963–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
Ecuador recorded 8.9% for chemicals in 2023.
The figure is up 6.6% on the previous year and up 43.8% over ten years.
Over the whole period, chemicals in Ecuador peaked at 31.1% in 1994 and was at its lowest, 2.9%, in 1998.
Ecuador ranks 71st of 153 countries on this measure, in the middle of the range.
Chemicals in Ecuador, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 7.8% | — |
| 1964 | 6.7% | -14.0% |
| 1965 | 7.5% | +12.7% |
| 1966 | 8.0% | +6.6% |
| 1967 | 8.3% | +3.4% |
| 1968 | 8.6% | +3.6% |
| 1969 | 8.3% | -3.0% |
| 1970 | 8.2% | -1.9% |
| 1971 | 7.2% | -11.7% |
| 1972 | 7.4% | +2.3% |
| 1973 | 7.6% | +2.7% |
| 1974 | 7.1% | -6.9% |
| 1975 | 7.0% | -1.3% |
| 1976 | 6.3% | -8.8% |
| 1977 | 6.7% | +5.8% |
| 1978 | 6.0% | -10.9% |
| 1979 | 7.1% | +19.5% |
| 1980 | 8.9% | +24.5% |
| 1981 | 7.6% | -14.0% |
| 1982 | 9.4% | +22.3% |
| 1983 | 8.6% | -8.4% |
| 1984 | 7.6% | -11.2% |
| 1985 | 8.1% | +6.7% |
| 1986 | 9.1% | +12.4% |
| 1987 | 8.5% | -7.4% |
| 1988 | 8.2% | -2.7% |
| 1989 | 11.3% | +37.4% |
| 1990 | 7.8% | -31.4% |
| 1991 | 7.6% | -1.9% |
| 1992 | 5.8% | -23.6% |
| 1993 | 7.6% | +30.8% |
| 1994 | 31.1% | +308.9% |
| 1995 | 4.1% | -86.7% |
| 1996 | 6.5% | +58.5% |
| 1997 | 5.5% | -16.2% |
| 1998 | 2.9% | -46.7% |
| 1999 | 4.0% | +38.6% |
| 2000 | 9.7% | +139.1% |
| 2001 | 4.8% | -49.9% |
| 2002 | 6.3% | +29.2% |
| 2003 | 4.4% | -29.7% |
| 2004 | 3.2% | -27.3% |
| 2005 | 5.1% | +58.5% |
| 2006 | 4.8% | -6.2% |
| 2007 | 3.6% | -23.9% |
| 2008 | 5.0% | +38.6% |
| 2009 | 5.0% | +0.0% |
| 2010 | 8.5% | +69.7% |
| 2011 | 6.6% | -22.5% |
| 2012 | 4.9% | -26.3% |
| 2013 | 6.2% | +27.4% |
| 2014 | 6.2% | -0.4% |
| 2015 | 6.9% | +11.1% |
| 2016 | 8.3% | +20.5% |
| 2017 | 9.0% | +9.6% |
| 2018 | 10.0% | +10.3% |
| 2019 | 9.9% | -0.8% |
| 2020 | 13.0% | +31.0% |
| 2021 | 8.4% | -35.5% |
| 2022 | 8.4% | -0.3% |
| 2023 | 8.9% | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.9% | 6.7% | 8.6% | 7 |
| 1970s | 7.1% | 6.0% | 8.2% | 10 |
| 1980s | 8.7% | 7.6% | 11.3% | 10 |
| 1990s | 8.3% | 2.9% | 31.1% | 10 |
| 2000s | 5.2% | 3.2% | 9.7% | 10 |
| 2010s | 7.6% | 4.9% | 10.0% | 10 |
| 2020s | 9.7% | 8.4% | 13.0% | 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)
- Gross capital formation (constant 2015 US$), annual growth rate 5.49 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1888 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 1,345 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 9.06 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2792 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 1,989 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 9.06 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.2792 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is chemicals in Ecuador?
- Chemicals in Ecuador was 8.9% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest chemicals recorded in Ecuador?
- The highest recorded value was 31.1% in 1994.
- What is the lowest chemicals recorded in Ecuador?
- The lowest recorded value was 2.9% in 1998.
- How does Ecuador rank for chemicals?
- Ecuador ranks 71st out of 153 countries with data for 2023.
- Is chemicals rising or falling in Ecuador?
- Over the last ten years it is up 43.8%. The long-run trend across the full record is flat.
- Where does this Ecuador data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Chemicals (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).