Gross domestic product (GDP), annual growth rate in Ecuador
Ecuador: Gross domestic product (GDP), annual growth rate was 0.1397 % change on previous year in 2023. ◆ Volatile
Latest (2023)
0.1397 % change on previous year
Change on year
down 97.7%
World rank
138th
of 184 countries
All-time high
20.24 % change on previous year
in 2005
All-time low
-15.14 % change on previous year
in 1973
Years of data
73
1951–2023
Gross domestic product (GDP), annual growth rate in Ecuador, 1951–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), annual growth rate in Ecuador is 0.1397 % change on previous year, measured in 2023.
Compared with earlier readings it is down 97.7% on the previous year and down 98.5% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Ecuador peaked at 20.24 % change on previous year in 2005 and was at its lowest, -15.14 % change on previous year, in 1973.
Ecuador ranks 138th 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.
Gross domestic product (GDP), annual growth rate in Ecuador, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1951 | 10.34 % change on previous year | — |
| 1952 | 1.01 % change on previous year | -90.3% |
| 1953 | 16.39 % change on previous year | +1526.6% |
| 1954 | 18.12 % change on previous year | +10.5% |
| 1955 | 6.04 % change on previous year | -66.7% |
| 1956 | 1.68 % change on previous year | -72.2% |
| 1957 | 1.83 % change on previous year | +8.8% |
| 1958 | -0.3555 % change on previous year | -119.5% |
| 1959 | 7.17 % change on previous year | -2117.5% |
| 1960 | 8.1 % change on previous year | +13.0% |
| 1961 | 4.07 % change on previous year | -49.8% |
| 1962 | 0.1046 % change on previous year | -97.4% |
| 1963 | 3.3 % change on previous year | +3055.2% |
| 1964 | 7.64 % change on previous year | +131.4% |
| 1965 | 3.17 % change on previous year | -58.5% |
| 1966 | 4.2 % change on previous year | +32.4% |
| 1967 | 12.36 % change on previous year | +194.4% |
| 1968 | 4.47 % change on previous year | -63.8% |
| 1969 | -0.3208 % change on previous year | -107.2% |
| 1970 | 7.35 % change on previous year | -2391.8% |
| 1971 | 3.71 % change on previous year | -49.5% |
| 1972 | 2.39 % change on previous year | -35.5% |
| 1973 | -15.14 % change on previous year | -733.0% |
| 1974 | -7.78 % change on previous year | -48.6% |
| 1975 | 12.35 % change on previous year | -258.8% |
| 1976 | 5.76 % change on previous year | -53.4% |
| 1977 | 4.04 % change on previous year | -29.8% |
| 1978 | 4.87 % change on previous year | +20.5% |
| 1979 | 4.17 % change on previous year | -14.3% |
| 1980 | 3.55 % change on previous year | -14.9% |
| 1981 | 6.02 % change on previous year | +69.8% |
| 1982 | -1.39 % change on previous year | -123.0% |
| 1983 | -0.9474 % change on previous year | -31.7% |
| 1984 | -0.4117 % change on previous year | -56.5% |
| 1985 | 1.52 % change on previous year | -468.4% |
| 1986 | -6.56 % change on previous year | -532.2% |
| 1987 | -0.5576 % change on previous year | -91.5% |
| 1988 | -7.8 % change on previous year | +1299.0% |
| 1989 | 1.8 % change on previous year | -123.1% |
| 1990 | 8.83 % change on previous year | +390.5% |
| 1991 | 2.99 % change on previous year | -66.1% |
| 1992 | 1.45 % change on previous year | -51.5% |
| 1993 | -8.51 % change on previous year | -686.3% |
| 1994 | 1.44 % change on previous year | -116.9% |
| 1995 | 0.1661 % change on previous year | -88.5% |
| 1996 | 2.64 % change on previous year | +1489.1% |
| 1997 | -5.07 % change on previous year | -292.1% |
| 1998 | -0.8127 % change on previous year | -84.0% |
| 1999 | -6.39 % change on previous year | +686.3% |
| 2000 | 11.42 % change on previous year | -278.7% |
| 2001 | 2.83 % change on previous year | -75.2% |
| 2002 | 10.26 % change on previous year | +262.4% |
| 2003 | 7.03 % change on previous year | -31.4% |
| 2004 | 14.8 % change on previous year | +110.4% |
| 2005 | 20.24 % change on previous year | +36.7% |
| 2006 | 8.72 % change on previous year | -56.9% |
| 2007 | 6.41 % change on previous year | -26.5% |
| 2008 | 12.45 % change on previous year | +94.4% |
| 2009 | -3.42 % change on previous year | -127.4% |
| 2010 | 8.78 % change on previous year | -357.0% |
| 2011 | 12.57 % change on previous year | +43.2% |
| 2012 | 6.99 % change on previous year | -44.3% |
| 2013 | 9.5 % change on previous year | +35.9% |
| 2014 | 1.71 % change on previous year | -82.0% |
| 2015 | -8.86 % change on previous year | -619.2% |
| 2016 | -1.02 % change on previous year | -88.5% |
| 2017 | 7.51 % change on previous year | -838.9% |
| 2018 | 4.32 % change on previous year | -42.4% |
| 2019 | 3.71 % change on previous year | -14.1% |
| 2020 | -7.82 % change on previous year | -310.5% |
| 2021 | 12.96 % change on previous year | -265.8% |
| 2022 | 5.99 % change on previous year | -53.8% |
| 2023 | 0.1397 % change on previous year | -97.7% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate in Ecuador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1963 | +3055.2% | 0.1046 % change on previous year | 3.3 % change on previous year |
| 1970 | +2391.8% | -0.3208 % change on previous year | 7.35 % change on previous year |
| 1959 | +2117.5% | -0.3555 % change on previous year | 7.17 % change on previous year |
| 1953 | +1526.6% | 1.01 % change on previous year | 16.39 % change on previous year |
| 1996 | +1489.1% | 0.1661 % change on previous year | 2.64 % change on previous year |
| 1988 | -1299.0% | -0.5576 % change on previous year | -7.8 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 6.91 % change on previous year | -0.3555 % change on previous year | 18.12 % change on previous year | 9 |
| 1960s | 4.71 % change on previous year | -0.3208 % change on previous year | 12.36 % change on previous year | 10 |
| 1970s | 2.17 % change on previous year | -15.14 % change on previous year | 12.35 % change on previous year | 10 |
| 1980s | -0.477 % change on previous year | -7.8 % change on previous year | 6.02 % change on previous year | 10 |
| 1990s | -0.3265 % change on previous year | -8.51 % change on previous year | 8.83 % change on previous year | 10 |
| 2000s | 9.08 % change on previous year | -3.42 % change on previous year | 20.24 % change on previous year | 10 |
| 2010s | 4.52 % change on previous year | -8.86 % change on previous year | 12.57 % change on previous year | 10 |
| 2020s | 2.82 % change on previous year | -7.82 % change on previous year | 12.96 % change on previous year | 4 |
Countries ranked near Ecuador
- 135 United Kingdom 0.2756 % change on previous year compare
- 136 Maldives 0.214 % change on previous year compare
- 137 Syria 0.14 % change on previous year compare
- 139 Netherlands 0.1133 % change on previous year compare
- 140 South Africa 0.099 % change on previous year compare
- 141 Czechia 0.0118 % change on previous year 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)
- 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 gross domestic product (gdp), annual growth rate in Ecuador?
- Gross domestic product (gdp), annual growth rate in Ecuador was 0.1397 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Ecuador?
- The highest recorded value was 20.24 % change on previous year in 2005.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Ecuador?
- The lowest recorded value was -15.14 % change on previous year in 1973.
- How does Ecuador rank for gross domestic product (gdp), annual growth rate?
- Ecuador ranks 138th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Ecuador?
- Over the last ten years it is down 98.5%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 73 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.