Current account balance as a proportion of GDP in Ecuador
Ecuador: Current account balance as a proportion of GDP was 5.7% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Ecuador, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, current account balance as a proportion of gdp in Ecuador stood at 5.7%.
Compared with earlier readings it is up 192.3% on the previous year and up 969.6% over ten years.
Over the whole period, current account balance as a proportion of gdp in Ecuador peaked at 6.3% in 2000 and was at its lowest, -4.5%, in 2002.
That places Ecuador 30th out of 177 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 6.3% | — |
| 2001 | -2.4% | -137.6% |
| 2002 | -4.5% | +89.1% |
| 2003 | -1.2% | -72.3% |
| 2004 | -1.4% | +9.0% |
| 2005 | 1.2% | -186.4% |
| 2006 | 3.8% | +223.6% |
| 2007 | 3.8% | -0.6% |
| 2008 | 2.9% | -23.5% |
| 2009 | 0.5% | -82.0% |
| 2010 | -2.3% | -545.7% |
| 2011 | -0.5% | -78.2% |
| 2012 | -0.2% | -67.1% |
| 2013 | -1.0% | +478.8% |
| 2014 | -0.7% | -32.6% |
| 2015 | -2.3% | +250.9% |
| 2016 | 0.9% | -140.3% |
| 2017 | -0.4% | -142.1% |
| 2018 | -1.5% | +294.9% |
| 2019 | -0.5% | -66.9% |
| 2020 | 2.1% | -512.4% |
| 2021 | 2.8% | +35.7% |
| 2022 | 1.9% | -31.8% |
| 2023 | 1.9% | +0.1% |
| 2024 | 5.7% | +192.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9% | -4.5% | 6.3% | 10 |
| 2010s | -0.8% | -2.3% | 0.9% | 10 |
| 2020s | 2.9% | 1.9% | 5.7% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1324 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 943.11 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.1324 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 943.11 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1222 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 870.39 constant 2015 US$ per person (2025)
- 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)
Frequently asked questions
- What is current account balance as a proportion of gdp in Ecuador?
- Current account balance as a proportion of gdp in Ecuador was 5.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Ecuador?
- The highest recorded value was 6.3% in 2000.
- What is the lowest current account balance as a proportion of gdp recorded in Ecuador?
- The lowest recorded value was -4.5% in 2002.
- How does Ecuador rank for current account balance as a proportion of gdp?
- Ecuador ranks 30th out of 177 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Ecuador?
- Over the last ten years it is up 969.6%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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