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. Measured in %.
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 35th out of 205 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 | % | 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% |
Ecuador compared with similar countries
- Ecuador's 5.7% is above the median for upper middle income countries, which is -2.1%. (53 countries reporting)
- Ecuador's 5.7% is above the median for Latin America & Caribbean, which is -1.6%. (35 countries reporting)
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
- 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 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 35th out of 205 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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