Gross fixed capital formation, private sector in Ecuador
Ecuador: Gross fixed capital formation, private sector was 18.61 billion current LCU in 2023. β Volatile
Gross fixed capital formation, private sector in Ecuador, 1965β2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2023, gross fixed capital formation, private sector in Ecuador stood at 18.61 billion current LCU. That is the highest value across all 59 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 67.5% over ten years.
Over the whole period, gross fixed capital formation, private sector in Ecuador peaked at 18.61 billion current LCU in 2023 and was at its lowest, 126.65 million current LCU, in 1965.
Ecuador ranks 75th of 105 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 |
|---|---|---|---|---|
| 1960s | 175.98 million current LCU | 126.65 million current LCU | 223.29 million current LCU | 5 |
| 1970s | 706.28 million current LCU | 214.58 million current LCU | 1.45 billion current LCU | 10 |
| 1980s | 1.43 billion current LCU | 1.17 billion current LCU | 1.83 billion current LCU | 10 |
| 1990s | 2.00 billion current LCU | 1.39 billion current LCU | 3.04 billion current LCU | 10 |
| 2000s | 4.49 billion current LCU | 1.93 billion current LCU | 7.23 billion current LCU | 10 |
| 2010s | 11.79 billion current LCU | 7.79 billion current LCU | 15.94 billion current LCU | 10 |
| 2020s | 16.18 billion current LCU | 12.51 billion current LCU | 18.61 billion current LCU | 4 |
Countries ranked near Ecuador
- 72 Panama 21.98 billion current LCU compare
- 73 Belarus, Republic of 21.89 billion current LCU compare
- 74 Ukraine 20.86 billion current LCU compare
- 76 Croatia, Republic of 18.33 billion current LCU compare
- 77 Puerto Rico 16.73 billion current LCU compare
- 78 Tunisia 10.06 billion current LCU compare
More economy & growth data for Ecuador
- External balance on goods and services as a percent of gdp 3.52 (2025)
- Inflation of consumer prices 0.7105 (2025)
- Gdp per capita worldbank constant usd 6,165 (2025)
- Manufacturing value added to gdp 13.24 (2025)
- Gdp worldbank constant usd 112.75 billion (2025)
- Gdp per capita in international and market dollars 6,165 (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 fixed capital formation, private sector in Ecuador?
- Gross fixed capital formation, private sector in Ecuador was 18.61 billion current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Ecuador?
- The highest recorded value was 18.61 billion current LCU in 2023.
- What is the lowest gross fixed capital formation, private sector recorded in Ecuador?
- The lowest recorded value was 126.65 million current LCU in 1965.
- How does Ecuador rank for gross fixed capital formation, private sector?
- Ecuador ranks 75th out of 105 countries with data for 2023.
- Is gross fixed capital formation, private sector rising or falling in Ecuador?
- Over the last ten years it is up 67.5%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.