Gross domestic product (GDP) in Ecuador
Ecuador: Gross domestic product (GDP) was 255.13 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Ecuador, 1950–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Ecuador stood at 255.13 billion international-$ in 2021 prices. That is the highest value across all 74 years on record.
The figure is up 0.1% on the previous year and up 18.0% over ten years.
Over the whole period, gross domestic product (gdp) in Ecuador peaked at 255.13 billion international-$ in 2021 prices in 2023 and was at its lowest, 20.85 billion international-$ in 2021 prices, in 1950.
Ecuador ranks 68th of 184 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 30.19 billion international-$ in 2021 prices | 20.85 billion international-$ in 2021 prices | 37.46 billion international-$ in 2021 prices | 10 |
| 1960s | 48.90 billion international-$ in 2021 prices | 40.49 billion international-$ in 2021 prices | 59.20 billion international-$ in 2021 prices | 10 |
| 1970s | 63.22 billion international-$ in 2021 prices | 52.65 billion international-$ in 2021 prices | 71.09 billion international-$ in 2021 prices | 10 |
| 1980s | 73.48 billion international-$ in 2021 prices | 66.03 billion international-$ in 2021 prices | 78.05 billion international-$ in 2021 prices | 10 |
| 1990s | 71.20 billion international-$ in 2021 prices | 64.29 billion international-$ in 2021 prices | 76.44 billion international-$ in 2021 prices | 10 |
| 2000s | 110.94 billion international-$ in 2021 prices | 71.63 billion international-$ in 2021 prices | 156.10 billion international-$ in 2021 prices | 10 |
| 2010s | 204.82 billion international-$ in 2021 prices | 164.00 billion international-$ in 2021 prices | 230.84 billion international-$ in 2021 prices | 10 |
| 2020s | 240.77 billion international-$ in 2021 prices | 212.80 billion international-$ in 2021 prices | 255.13 billion international-$ in 2021 prices | 4 |
Countries ranked near Ecuador
- 65 Kuwait 266.11 billion international-$ in 2021 prices compare
- 66 Dominican Republic 261.55 billion international-$ in 2021 prices compare
- 67 Belarus 261.41 billion international-$ in 2021 prices compare
- 69 New Zealand 243.95 billion international-$ in 2021 prices compare
- 70 Tanzania 230.60 billion international-$ in 2021 prices compare
- 71 Angola 227.17 billion international-$ in 2021 prices compare
More economy & growth data for Ecuador
- External balance on goods and services as a percent of GDP 3.5% (2025)
- Inflation of consumer prices 0.7% (2025)
- GDP per capita 6,165 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 13.2% (2025)
- Gross domestic product (GDP) 112.75 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,165 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 7.01 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 7.01 billion current US$ (2025)
- Taxes less subsidies on products 9.98 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Ecuador?
- Gross domestic product (gdp) in Ecuador was 255.13 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Ecuador?
- The highest recorded value was 255.13 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Ecuador?
- The lowest recorded value was 20.85 billion international-$ in 2021 prices in 1950.
- How does Ecuador rank for gross domestic product (gdp)?
- Ecuador ranks 68th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Ecuador?
- Over the last ten years it is up 18.0%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.