GDP Deflator — Value US$, 2015 prices in Ecuador
Ecuador: GDP Deflator — Value US$, 2015 prices was 111.27 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Ecuador, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gdp deflator — value us$, 2015 prices in Ecuador stood at 111.27 USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 5.2% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Ecuador peaked at 111.27 USD in 2024 and was at its lowest, 18.44 USD, in 1971.
Ecuador ranks 142nd of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Ecuador, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 19.96 USD | — |
| 1971 | 18.44 USD | -7.6% |
| 1972 | 19.43 USD | +5.4% |
| 1973 | 22.73 USD | +17.0% |
| 1974 | 33.54 USD | +47.6% |
| 1975 | 35.45 USD | +5.7% |
| 1976 | 39.18 USD | +10.5% |
| 1977 | 47 USD | +20.0% |
| 1978 | 47.74 USD | +1.6% |
| 1979 | 55.78 USD | +16.8% |
| 1980 | 68.75 USD | +23.3% |
| 1981 | 75.88 USD | +10.4% |
| 1982 | 67.71 USD | -10.8% |
| 1983 | 57.84 USD | -14.6% |
| 1984 | 55.17 USD | -4.6% |
| 1985 | 53.76 USD | -2.6% |
| 1986 | 45 USD | -16.3% |
| 1987 | 38.84 USD | -13.7% |
| 1988 | 34.43 USD | -11.4% |
| 1989 | 36.17 USD | +5.1% |
| 1990 | 38.32 USD | +5.9% |
| 1991 | 40.4 USD | +5.4% |
| 1992 | 42.04 USD | +4.1% |
| 1993 | 43.22 USD | +2.8% |
| 1994 | 50.19 USD | +16.1% |
| 1995 | 53.2 USD | +6.0% |
| 1996 | 52.6 USD | -1.1% |
| 1997 | 57.02 USD | +8.4% |
| 1998 | 54.43 USD | -4.5% |
| 1999 | 39.82 USD | -26.8% |
| 2000 | 34.95 USD | -12.2% |
| 2001 | 44.24 USD | +26.6% |
| 2002 | 49.32 USD | +11.5% |
| 2003 | 54.87 USD | +11.2% |
| 2004 | 58.38 USD | +6.4% |
| 2005 | 63.39 USD | +8.6% |
| 2006 | 68.91 USD | +8.7% |
| 2007 | 73.78 USD | +7.1% |
| 2008 | 84.92 USD | +15.1% |
| 2009 | 82.56 USD | -2.8% |
| 2010 | 90.01 USD | +9.0% |
| 2011 | 96.16 USD | +6.8% |
| 2012 | 100.97 USD | +5.0% |
| 2013 | 103.67 USD | +2.7% |
| 2014 | 105.79 USD | +2.1% |
| 2015 | 100 USD | -5.5% |
| 2016 | 101.17 USD | +1.2% |
| 2017 | 102.11 USD | +0.9% |
| 2018 | 103.97 USD | +1.8% |
| 2019 | 103.91 USD | -0.1% |
| 2020 | 102.02 USD | -1.8% |
| 2021 | 104.11 USD | +2.0% |
| 2022 | 106.39 USD | +2.2% |
| 2023 | 105.96 USD | -0.4% |
| 2024 | 111.27 USD | +5.0% |
Ecuador compared with similar countries
- Ecuador's 111.27 USD is below the median for upper middle income countries, which is 121.31 USD, 92% of the median. (51 countries reporting)
- Ecuador's 111.27 USD is below the median for Latin America & Caribbean, which is 120.84 USD, 92% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.93 USD | 18.44 USD | 55.78 USD | 10 |
| 1980s | 53.35 USD | 34.43 USD | 75.88 USD | 10 |
| 1990s | 47.12 USD | 38.32 USD | 57.02 USD | 10 |
| 2000s | 61.53 USD | 34.95 USD | 84.92 USD | 10 |
| 2010s | 100.78 USD | 90.01 USD | 105.79 USD | 10 |
| 2020s | 105.95 USD | 102.02 USD | 111.27 USD | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.30 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 191.26 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.01 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 71.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.84 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Ecuador?
- Gdp deflator — value us$, 2015 prices in Ecuador was 111.27 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Ecuador?
- The highest recorded value was 111.27 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Ecuador?
- The lowest recorded value was 18.44 USD in 1971.
- How does Ecuador rank for gdp deflator — value us$, 2015 prices?
- Ecuador ranks 142nd out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Ecuador?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).