GDP Deflator — Value Standard Local Currency, 2015 prices in Ecuador
Ecuador: GDP Deflator — Value Standard Local Currency, 2015 prices was 111.27 SLC in 2024. ▲ Rising
GDP Deflator — Value Standard Local Currency, 2015 prices in Ecuador, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Ecuador recorded 111.27 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 5.0% on the previous year and up 5.2% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Ecuador peaked at 111.27 SLC in 2024 and was at its lowest, 18.44 SLC, in 1971.
Ecuador ranks 191st of 209 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value Standard Local Currency, 2015 prices in Ecuador, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 19.96 SLC | — |
| 1971 | 18.44 SLC | -7.6% |
| 1972 | 19.43 SLC | +5.4% |
| 1973 | 22.73 SLC | +17.0% |
| 1974 | 33.54 SLC | +47.6% |
| 1975 | 35.45 SLC | +5.7% |
| 1976 | 39.18 SLC | +10.5% |
| 1977 | 47 SLC | +20.0% |
| 1978 | 47.74 SLC | +1.6% |
| 1979 | 55.78 SLC | +16.8% |
| 1980 | 68.75 SLC | +23.3% |
| 1981 | 75.88 SLC | +10.4% |
| 1982 | 67.71 SLC | -10.8% |
| 1983 | 57.84 SLC | -14.6% |
| 1984 | 55.17 SLC | -4.6% |
| 1985 | 53.76 SLC | -2.6% |
| 1986 | 45 SLC | -16.3% |
| 1987 | 38.84 SLC | -13.7% |
| 1988 | 34.43 SLC | -11.4% |
| 1989 | 36.17 SLC | +5.1% |
| 1990 | 38.32 SLC | +5.9% |
| 1991 | 40.4 SLC | +5.4% |
| 1992 | 42.04 SLC | +4.1% |
| 1993 | 43.22 SLC | +2.8% |
| 1994 | 50.19 SLC | +16.1% |
| 1995 | 53.2 SLC | +6.0% |
| 1996 | 52.6 SLC | -1.1% |
| 1997 | 57.02 SLC | +8.4% |
| 1998 | 54.43 SLC | -4.5% |
| 1999 | 39.82 SLC | -26.8% |
| 2000 | 34.95 SLC | -12.2% |
| 2001 | 44.24 SLC | +26.6% |
| 2002 | 49.32 SLC | +11.5% |
| 2003 | 54.87 SLC | +11.2% |
| 2004 | 58.38 SLC | +6.4% |
| 2005 | 63.39 SLC | +8.6% |
| 2006 | 68.91 SLC | +8.7% |
| 2007 | 73.78 SLC | +7.1% |
| 2008 | 84.92 SLC | +15.1% |
| 2009 | 82.56 SLC | -2.8% |
| 2010 | 90.01 SLC | +9.0% |
| 2011 | 96.16 SLC | +6.8% |
| 2012 | 100.97 SLC | +5.0% |
| 2013 | 103.67 SLC | +2.7% |
| 2014 | 105.79 SLC | +2.1% |
| 2015 | 100 SLC | -5.5% |
| 2016 | 101.17 SLC | +1.2% |
| 2017 | 102.11 SLC | +0.9% |
| 2018 | 103.97 SLC | +1.8% |
| 2019 | 103.91 SLC | -0.1% |
| 2020 | 102.02 SLC | -1.8% |
| 2021 | 104.11 SLC | +2.0% |
| 2022 | 106.39 SLC | +2.2% |
| 2023 | 105.96 SLC | -0.4% |
| 2024 | 111.27 SLC | +5.0% |
Ecuador compared with similar countries
- Ecuador's 111.27 SLC is below the median for upper middle income countries, which is 140.19 SLC, 79% of the median. (51 countries reporting)
- Ecuador's 111.27 SLC is below the median for Latin America & Caribbean, which is 128.24 SLC, 87% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.93 SLC | 18.44 SLC | 55.78 SLC | 10 |
| 1980s | 53.35 SLC | 34.43 SLC | 75.88 SLC | 10 |
| 1990s | 47.12 SLC | 38.32 SLC | 57.02 SLC | 10 |
| 2000s | 61.53 SLC | 34.95 SLC | 84.92 SLC | 10 |
| 2010s | 100.78 SLC | 90.01 SLC | 105.79 SLC | 10 |
| 2020s | 105.95 SLC | 102.02 SLC | 111.27 SLC | 5 |
Countries ranked near Ecuador
- 188 Turkmenistan 114.67 SLC compare
- 189 Greenland 112.76 SLC compare
- 190 Seychelles 112.27 SLC compare
- 192 French Polynesia 111.23 SLC compare
- 193 Panama 111.23 SLC compare
- 194 Aruba 110.87 SLC compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0828 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Ecuador?
- Gdp deflator — value standard local currency, 2015 prices in Ecuador was 111.27 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Ecuador?
- The highest recorded value was 111.27 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Ecuador?
- The lowest recorded value was 18.44 SLC in 1971.
- How does Ecuador rank for gdp deflator — value standard local currency, 2015 prices?
- Ecuador ranks 191st out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Ecuador?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).