Current account balance as a proportion of gdp in Ecuador
Ecuador: Current account balance as a proportion of gdp was 1.88 in 2023. ◆ Volatile
Current account balance as a proportion of gdp in Ecuador, 2000–2023
Source: Our World in Data.
Analysis
In 2023, current account balance as a proportion of gdp in Ecuador stood at 1.88.
That represents a change of up 4.4% on the previous year and up 293.8% over ten years.
Over the whole period, current account balance as a proportion of gdp in Ecuador peaked at 6.34 in 2000 and was at its lowest, -4.51, in 2002.
That places Ecuador 55th out of 191 countries with data for 2023, putting it in the middle of the range.
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 | 6.34 | — |
| 2001 | -2.38 | -137.5% |
| 2002 | -4.51 | +89.5% |
| 2003 | -1.25 | -72.3% |
| 2004 | -1.36 | +8.8% |
| 2005 | 1.18 | -186.8% |
| 2006 | 3.81 | +222.9% |
| 2007 | 3.78 | -0.8% |
| 2008 | 2.89 | -23.5% |
| 2009 | 0.52 | -82.0% |
| 2010 | -2.32 | -546.2% |
| 2011 | -0.51 | -78.0% |
| 2012 | -0.17 | -66.7% |
| 2013 | -0.97 | +470.6% |
| 2014 | -0.65 | -33.0% |
| 2015 | -2.28 | +250.8% |
| 2016 | 1.06 | -146.5% |
| 2017 | -0.22 | -120.8% |
| 2018 | -1.26 | +472.7% |
| 2019 | -0.26 | -79.4% |
| 2020 | 2.26 | -969.2% |
| 2021 | 2.83 | +25.2% |
| 2022 | 1.8 | -36.4% |
| 2023 | 1.88 | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.902 | -4.51 | 6.34 | 10 |
| 2010s | -0.758 | -2.32 | 1.06 | 10 |
| 2020s | 2.19 | 1.8 | 2.83 | 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)
- GDP (current US$), annual growth rate 5.27 % change on previous year (2025)
- GDP (current US$), per capita 7,125 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.27 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 7,125 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3.73 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8652 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,165 constant 2015 US$ per person (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 1.88 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Ecuador?
- The highest recorded value was 6.34 in 2000.
- What is the lowest current account balance as a proportion of gdp recorded in Ecuador?
- The lowest recorded value was -4.51 in 2002.
- How does Ecuador rank for current account balance as a proportion of gdp?
- Ecuador ranks 55th out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Ecuador?
- Over the last ten years it is up 293.8%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
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