Gross Domestic Product — Value Standard Local Currency, 2015 prices in Ecuador
Ecuador: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0061 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Ecuador, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Ecuador stood at 0.0061 million SLC per person.
The figure is down 2.8% on the previous year and up 0.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Ecuador peaked at 0.0062 million SLC per person in 2023 and was at its lowest, 0.0023 million SLC per person, in 1970.
Ecuador ranks 183rd of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Ecuador, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0023 million SLC per person | — |
| 1971 | 0.0023 million SLC per person | +1.0% |
| 1972 | 0.0024 million SLC per person | +5.9% |
| 1973 | 0.0026 million SLC per person | +4.8% |
| 1974 | 0.0028 million SLC per person | +9.2% |
| 1975 | 0.0031 million SLC per person | +9.6% |
| 1976 | 0.0032 million SLC per person | +3.2% |
| 1977 | 0.0031 million SLC per person | -0.9% |
| 1978 | 0.0032 million SLC per person | +2.3% |
| 1979 | 0.0032 million SLC per person | +1.3% |
| 1980 | 0.0033 million SLC per person | +0.4% |
| 1981 | 0.0035 million SLC per person | +6.9% |
| 1982 | 0.0034 million SLC per person | -1.0% |
| 1983 | 0.0034 million SLC per person | -1.9% |
| 1984 | 0.0034 million SLC per person | +0.3% |
| 1985 | 0.0035 million SLC per person | +2.1% |
| 1986 | 0.0035 million SLC per person | +0.9% |
| 1987 | 0.0035 million SLC per person | +1.3% |
| 1988 | 0.0036 million SLC per person | +0.6% |
| 1989 | 0.0036 million SLC per person | +0.6% |
| 1990 | 0.0037 million SLC per person | +4.2% |
| 1991 | 0.0038 million SLC per person | +2.1% |
| 1992 | 0.0038 million SLC per person | -0.5% |
| 1993 | 0.0038 million SLC per person | +0.5% |
| 1994 | 0.0039 million SLC per person | +1.9% |
| 1995 | 0.0039 million SLC per person | +0.0% |
| 1996 | 0.004 million SLC per person | +3.0% |
| 1997 | 0.004 million SLC per person | +0.6% |
| 1998 | 0.0041 million SLC per person | +1.5% |
| 1999 | 0.0038 million SLC per person | -6.1% |
| 2000 | 0.004 million SLC per person | +3.2% |
| 2001 | 0.004 million SLC per person | +2.4% |
| 2002 | 0.0042 million SLC per person | +3.1% |
| 2003 | 0.0042 million SLC per person | +1.1% |
| 2004 | 0.0044 million SLC per person | +5.0% |
| 2005 | 0.0046 million SLC per person | +3.6% |
| 2006 | 0.0047 million SLC per person | +2.6% |
| 2007 | 0.0047 million SLC per person | +0.2% |
| 2008 | 0.0049 million SLC per person | +4.8% |
| 2009 | 0.0049 million SLC per person | -0.6% |
| 2010 | 0.005 million SLC per person | +2.3% |
| 2011 | 0.0054 million SLC per person | +6.7% |
| 2012 | 0.0056 million SLC per person | +4.1% |
| 2013 | 0.0059 million SLC per person | +5.6% |
| 2014 | 0.0061 million SLC per person | +2.7% |
| 2015 | 0.006 million SLC per person | -1.3% |
| 2016 | 0.0058 million SLC per person | -2.1% |
| 2017 | 0.0061 million SLC per person | +4.4% |
| 2018 | 0.0061 million SLC per person | -0.7% |
| 2019 | 0.006 million SLC per person | -1.5% |
| 2020 | 0.0054 million SLC per person | -10.3% |
| 2021 | 0.0058 million SLC per person | +9.0% |
| 2022 | 0.0061 million SLC per person | +5.3% |
| 2023 | 0.0062 million SLC per person | +1.5% |
| 2024 | 0.0061 million SLC per person | -2.8% |
Ecuador compared with similar countries
- Ecuador's 0.0061 million SLC per person is below the median for upper middle income countries, which is 0.0458 million SLC per person, 13% of the median. (54 countries reporting)
- Ecuador's 0.0061 million SLC per person is below the median for Latin America & Caribbean, which is 0.0461 million SLC per person, 13% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0028 million SLC per person | 0.0023 million SLC per person | 0.0032 million SLC per person | 10 |
| 1980s | 0.0035 million SLC per person | 0.0033 million SLC per person | 0.0036 million SLC per person | 10 |
| 1990s | 0.0039 million SLC per person | 0.0037 million SLC per person | 0.0041 million SLC per person | 10 |
| 2000s | 0.0045 million SLC per person | 0.004 million SLC per person | 0.0049 million SLC per person | 10 |
| 2010s | 0.0058 million SLC per person | 0.005 million SLC per person | 0.0061 million SLC per person | 10 |
| 2020s | 0.0059 million SLC per person | 0.0054 million SLC per person | 0.0062 million SLC per person | 5 |
Countries ranked near Ecuador
- 180 Papua New Guinea 0.007 million SLC per person compare
- 181 Oman 0.0067 million SLC per person compare
- 182 Tuvalu 0.0066 million SLC per person compare
- 184 Azerbaijan 0.006 million SLC per person compare
- 185 Marshall Islands 0.0058 million SLC per person compare
- 186 Sierra Leone 0.0057 million SLC per person 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 — value standard local currency, 2015 prices in Ecuador?
- Gross domestic product — value standard local currency, 2015 prices in Ecuador was 0.0061 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Ecuador?
- The highest recorded value was 0.0062 million SLC per person in 2023.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Ecuador?
- The lowest recorded value was 0.0023 million SLC per person in 1970.
- How does Ecuador rank for gross domestic product — value standard local currency, 2015 prices?
- Ecuador ranks 183rd out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Ecuador?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.