Gross domestic product (GDP), per unit of GDP in Ecuador
Ecuador: Gross domestic product (GDP), per unit of GDP was 2.11 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Gross domestic product (GDP), per unit of GDP in Ecuador, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in Ecuador is 2.11 international-$ in 2021 prices per US$ of GDP, measured in 2023.
That represents a change of down 3.7% on the previous year and down 5.7% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Ecuador peaked at 27.79 international-$ in 2021 prices per US$ of GDP in 1962 and was at its lowest, 2.03 international-$ in 2021 prices per US$ of GDP, in 2016.
That places Ecuador 91st out of 180 countries with data for 2023, putting it 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), per unit of GDP in Ecuador, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 19.57 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 24.03 international-$ in 2021 prices per US$ of GDP | +22.8% |
| 1962 | 27.79 international-$ in 2021 prices per US$ of GDP | +15.6% |
| 1963 | 23.89 international-$ in 2021 prices per US$ of GDP | -14.0% |
| 1964 | 20.9 international-$ in 2021 prices per US$ of GDP | -12.5% |
| 1965 | 20.28 international-$ in 2021 prices per US$ of GDP | -3.0% |
| 1966 | 20.76 international-$ in 2021 prices per US$ of GDP | +2.4% |
| 1967 | 22.19 international-$ in 2021 prices per US$ of GDP | +6.9% |
| 1968 | 22.93 international-$ in 2021 prices per US$ of GDP | +3.3% |
| 1969 | 18.96 international-$ in 2021 prices per US$ of GDP | -17.3% |
| 1970 | 22.13 international-$ in 2021 prices per US$ of GDP | +16.7% |
| 1971 | 23.85 international-$ in 2021 prices per US$ of GDP | +7.8% |
| 1972 | 21.11 international-$ in 2021 prices per US$ of GDP | -11.5% |
| 1973 | 14.67 international-$ in 2021 prices per US$ of GDP | -30.5% |
| 1974 | 7.98 international-$ in 2021 prices per US$ of GDP | -45.6% |
| 1975 | 7.65 international-$ in 2021 prices per US$ of GDP | -4.1% |
| 1976 | 6.88 international-$ in 2021 prices per US$ of GDP | -10.1% |
| 1977 | 5.9 international-$ in 2021 prices per US$ of GDP | -14.2% |
| 1978 | 5.72 international-$ in 2021 prices per US$ of GDP | -3.0% |
| 1979 | 5.02 international-$ in 2021 prices per US$ of GDP | -12.4% |
| 1980 | 4.12 international-$ in 2021 prices per US$ of GDP | -17.9% |
| 1981 | 3.58 international-$ in 2021 prices per US$ of GDP | -13.1% |
| 1982 | 3.86 international-$ in 2021 prices per US$ of GDP | +7.9% |
| 1983 | 4.44 international-$ in 2021 prices per US$ of GDP | +15.1% |
| 1984 | 4.49 international-$ in 2021 prices per US$ of GDP | +1.0% |
| 1985 | 4.49 international-$ in 2021 prices per US$ of GDP | +0.1% |
| 1986 | 4.7 international-$ in 2021 prices per US$ of GDP | +4.6% |
| 1987 | 5.14 international-$ in 2021 prices per US$ of GDP | +9.2% |
| 1988 | 5.06 international-$ in 2021 prices per US$ of GDP | -1.5% |
| 1989 | 4.84 international-$ in 2021 prices per US$ of GDP | -4.3% |
| 1990 | 4.8 international-$ in 2021 prices per US$ of GDP | -0.8% |
| 1991 | 4.44 international-$ in 2021 prices per US$ of GDP | -7.6% |
| 1992 | 4.22 international-$ in 2021 prices per US$ of GDP | -4.7% |
| 1993 | 3.69 international-$ in 2021 prices per US$ of GDP | -12.6% |
| 1994 | 3.12 international-$ in 2021 prices per US$ of GDP | -15.4% |
| 1995 | 2.91 international-$ in 2021 prices per US$ of GDP | -6.9% |
| 1996 | 2.89 international-$ in 2021 prices per US$ of GDP | -0.6% |
| 1997 | 2.46 international-$ in 2021 prices per US$ of GDP | -15.0% |
| 1998 | 2.45 international-$ in 2021 prices per US$ of GDP | -0.2% |
| 1999 | 3.27 international-$ in 2021 prices per US$ of GDP | +33.3% |
| 2000 | 4.08 international-$ in 2021 prices per US$ of GDP | +24.8% |
| 2001 | 3.18 international-$ in 2021 prices per US$ of GDP | -22.0% |
| 2002 | 3 international-$ in 2021 prices per US$ of GDP | -5.7% |
| 2003 | 2.81 international-$ in 2021 prices per US$ of GDP | -6.5% |
| 2004 | 2.84 international-$ in 2021 prices per US$ of GDP | +1.0% |
| 2005 | 2.98 international-$ in 2021 prices per US$ of GDP | +5.1% |
| 2006 | 2.86 international-$ in 2021 prices per US$ of GDP | -4.2% |
| 2007 | 2.78 international-$ in 2021 prices per US$ of GDP | -2.5% |
| 2008 | 2.55 international-$ in 2021 prices per US$ of GDP | -8.3% |
| 2009 | 2.51 international-$ in 2021 prices per US$ of GDP | -1.7% |
| 2010 | 2.41 international-$ in 2021 prices per US$ of GDP | -4.1% |
| 2011 | 2.34 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 2012 | 2.25 international-$ in 2021 prices per US$ of GDP | -3.7% |
| 2013 | 2.24 international-$ in 2021 prices per US$ of GDP | -0.5% |
| 2014 | 2.14 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 2015 | 2.06 international-$ in 2021 prices per US$ of GDP | -3.7% |
| 2016 | 2.03 international-$ in 2021 prices per US$ of GDP | -1.5% |
| 2017 | 2.04 international-$ in 2021 prices per US$ of GDP | +0.5% |
| 2018 | 2.07 international-$ in 2021 prices per US$ of GDP | +1.4% |
| 2019 | 2.15 international-$ in 2021 prices per US$ of GDP | +3.6% |
| 2020 | 2.22 international-$ in 2021 prices per US$ of GDP | +3.5% |
| 2021 | 2.24 international-$ in 2021 prices per US$ of GDP | +1.0% |
| 2022 | 2.19 international-$ in 2021 prices per US$ of GDP | -2.2% |
| 2023 | 2.11 international-$ in 2021 prices per US$ of GDP | -3.7% |
Ecuador compared with similar countries
- Ecuador's 2.11 international-$ in 2021 prices per US$ of GDP is below the median for upper middle income countries, which is 2.35 international-$ in 2021 prices per US$ of GDP, 90% of the median. (51 countries reporting)
- Ecuador's 2.11 international-$ in 2021 prices per US$ of GDP is above the median for Latin America & Caribbean, which is 1.7 international-$ in 2021 prices per US$ of GDP, 1.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.13 international-$ in 2021 prices per US$ of GDP | 18.96 international-$ in 2021 prices per US$ of GDP | 27.79 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 12.09 international-$ in 2021 prices per US$ of GDP | 5.02 international-$ in 2021 prices per US$ of GDP | 23.85 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 4.47 international-$ in 2021 prices per US$ of GDP | 3.58 international-$ in 2021 prices per US$ of GDP | 5.14 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 3.43 international-$ in 2021 prices per US$ of GDP | 2.45 international-$ in 2021 prices per US$ of GDP | 4.8 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 2.96 international-$ in 2021 prices per US$ of GDP | 2.51 international-$ in 2021 prices per US$ of GDP | 4.08 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 2.17 international-$ in 2021 prices per US$ of GDP | 2.03 international-$ in 2021 prices per US$ of GDP | 2.41 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 2.19 international-$ in 2021 prices per US$ of GDP | 2.11 international-$ in 2021 prices per US$ of GDP | 2.24 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Ecuador
- 88 Guatemala 2.12 international-$ in 2021 prices per US$ of GDP compare
- 89 El Salvador 2.11 international-$ in 2021 prices per US$ of GDP compare
- 90 Sao Tome and Principe 2.11 international-$ in 2021 prices per US$ of GDP compare
- 92 South Africa 2.09 international-$ in 2021 prices per US$ of GDP compare
- 93 Moldova 2.09 international-$ in 2021 prices per US$ of GDP compare
- 94 Liberia 2.08 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate 41.84 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Ecuador?
- Gross domestic product (gdp), per unit of gdp in Ecuador was 2.11 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Ecuador?
- The highest recorded value was 27.79 international-$ in 2021 prices per US$ of GDP in 1962.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Ecuador?
- The lowest recorded value was 2.03 international-$ in 2021 prices per US$ of GDP in 2016.
- How does Ecuador rank for gross domestic product (gdp), per unit of gdp?
- Ecuador ranks 91st out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Ecuador?
- Over the last ten years it is down 5.7%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.