External balance on goods and services in Ecuador
Ecuador: External balance on goods and services was 3.5% in 2025. ◆ Volatile
External balance on goods and services in Ecuador, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, external balance on goods and services in Ecuador stood at 3.5%.
Compared with earlier readings it is down 0.9% on the previous year and up 251.8% over ten years.
Over the whole period, external balance on goods and services in Ecuador peaked at 9.7% in 2000 and was at its lowest, -7.6%, in 1998.
Ecuador ranks 52nd of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Ecuador, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | -0.8% | — |
| 1961 | -1.2% | +46.3% |
| 1962 | -0.6% | -53.7% |
| 1963 | -0.7% | +30.9% |
| 1964 | -1.2% | +72.0% |
| 1965 | -1.3% | +5.3% |
| 1966 | -0.6% | -52.0% |
| 1967 | -1.9% | +206.1% |
| 1968 | -2.9% | +49.5% |
| 1969 | -3.6% | +25.2% |
| 1970 | -3.6% | -0.9% |
| 1971 | -6.1% | +71.2% |
| 1972 | -3.1% | -48.6% |
| 1973 | 1.2% | -138.8% |
| 1974 | 3.9% | +220.1% |
| 1975 | -3.3% | -183.7% |
| 1976 | -1.9% | -40.5% |
| 1977 | -1.8% | -5.5% |
| 1978 | -3.8% | +108.7% |
| 1979 | -0.3% | -93.1% |
| 1980 | -0.7% | +176.7% |
| 1981 | -0.7% | -6.8% |
| 1982 | -3.1% | +356.2% |
| 1983 | 0.2% | -107.8% |
| 1984 | 1.7% | +596.7% |
| 1985 | 3.6% | +115.1% |
| 1986 | -1.9% | -150.8% |
| 1987 | -7.0% | +277.9% |
| 1988 | -4.7% | -33.5% |
| 1989 | -4.5% | -2.2% |
| 1990 | 0.9% | -120.5% |
| 1991 | 2.2% | +130.5% |
| 1992 | 3.5% | +60.8% |
| 1993 | -3.1% | -189.6% |
| 1994 | -3.2% | +3.8% |
| 1995 | -3.3% | +3.7% |
| 1996 | 0.3% | -109.9% |
| 1997 | -1.9% | -688.6% |
| 1998 | -7.6% | +290.9% |
| 1999 | 3.6% | -146.7% |
| 2000 | 9.7% | +172.9% |
| 2001 | -0.9% | -109.4% |
| 2002 | -3.4% | +268.4% |
| 2003 | 1.3% | -139.4% |
| 2004 | 2.1% | +60.2% |
| 2005 | 3.3% | +55.1% |
| 2006 | 5.6% | +68.7% |
| 2007 | 6.1% | +9.9% |
| 2008 | 6.0% | -2.5% |
| 2009 | 1.3% | -78.7% |
| 2010 | -0.8% | -163.4% |
| 2011 | 2.2% | -371.8% |
| 2012 | 2.7% | +21.4% |
| 2013 | 1.3% | -50.5% |
| 2014 | 1.3% | -2.5% |
| 2015 | -2.3% | -280.7% |
| 2016 | 0.5% | -123.5% |
| 2017 | -0.6% | -218.8% |
| 2018 | -0.9% | +42.5% |
| 2019 | 0.0% | -101.6% |
| 2020 | 2.6% | +17777.0% |
| 2021 | 0.9% | -66.2% |
| 2022 | -0.0% | -103.5% |
| 2023 | 0.1% | -550.1% |
| 2024 | 3.6% | +2504.6% |
| 2025 | 3.5% | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -1.5% | -3.6% | -0.6% | 10 |
| 1970s | -1.9% | -6.1% | 3.9% | 10 |
| 1980s | -1.7% | -7.0% | 3.6% | 10 |
| 1990s | -0.9% | -7.6% | 3.6% | 10 |
| 2000s | 3.1% | -3.4% | 9.7% | 10 |
| 2010s | 0.3% | -2.3% | 2.7% | 10 |
| 2020s | 1.8% | -0.0% | 3.6% | 6 |
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)
- Exports of goods and services (current LCU), annual growth rate 8.51 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.3144 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 2,240 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.45 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.217 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 1,546 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 10.65 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1994 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Ecuador?
- External balance on goods and services in Ecuador was 3.5% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Ecuador?
- The highest recorded value was 9.7% in 2000.
- What is the lowest external balance on goods and services recorded in Ecuador?
- The lowest recorded value was -7.6% in 1998.
- How does Ecuador rank for external balance on goods and services?
- Ecuador ranks 52nd out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Ecuador?
- Over the last ten years it is up 251.8%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.