Gross fixed capital formation, private sector in Ecuador
Ecuador: Gross fixed capital formation, private sector was 15.4% in 2023. ▲ Rising
Gross fixed capital formation, private sector in Ecuador, 1965–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation, private sector in Ecuador is 15.4%, measured in 2023.
Compared with earlier readings it is down 2.1% on the previous year and up 33.9% over ten years.
Over the whole period, gross fixed capital formation, private sector in Ecuador peaked at 15.7% in 2022 and was at its lowest, 5.3%, in 1965.
Ecuador ranks 61st of 106 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 59 years of available data.
Gross fixed capital formation, private sector in Ecuador, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1965 | 5.3% | — |
| 1966 | 6.3% | +18.0% |
| 1967 | 7.0% | +11.5% |
| 1968 | 7.7% | +10.9% |
| 1969 | 7.2% | -7.3% |
| 1970 | 7.5% | +4.5% |
| 1971 | 8.1% | +8.2% |
| 1972 | 10.0% | +23.4% |
| 1973 | 12.2% | +22.1% |
| 1974 | 6.5% | -46.5% |
| 1975 | 9.1% | +38.4% |
| 1976 | 8.7% | -4.3% |
| 1977 | 10.4% | +19.5% |
| 1978 | 11.1% | +6.8% |
| 1979 | 10.2% | -7.4% |
| 1980 | 9.2% | -9.9% |
| 1981 | 8.2% | -11.3% |
| 1982 | 9.2% | +12.4% |
| 1983 | 6.8% | -26.1% |
| 1984 | 7.5% | +10.2% |
| 1985 | 8.2% | +9.1% |
| 1986 | 8.0% | -2.5% |
| 1987 | 9.6% | +20.7% |
| 1988 | 9.2% | -4.8% |
| 1989 | 10.2% | +10.9% |
| 1990 | 9.2% | -9.9% |
| 1991 | 9.3% | +1.2% |
| 1992 | 8.9% | -4.2% |
| 1993 | 9.2% | +3.8% |
| 1994 | 8.8% | -4.4% |
| 1995 | 8.9% | +0.6% |
| 1996 | 8.1% | -9.1% |
| 1997 | 9.5% | +18.2% |
| 1998 | 10.9% | +14.3% |
| 1999 | 9.0% | -17.1% |
| 2000 | 11.0% | +22.4% |
| 2001 | 10.5% | -4.8% |
| 2002 | 11.7% | +11.1% |
| 2003 | 11.0% | -5.8% |
| 2004 | 11.6% | +6.0% |
| 2005 | 12.7% | +8.8% |
| 2006 | 13.4% | +5.9% |
| 2007 | 11.2% | -16.3% |
| 2008 | 11.8% | +5.3% |
| 2009 | 9.7% | -18.1% |
| 2010 | 11.4% | +18.0% |
| 2011 | 12.3% | +7.4% |
| 2012 | 12.7% | +3.6% |
| 2013 | 11.5% | -9.6% |
| 2014 | 10.6% | -7.6% |
| 2015 | 12.3% | +15.8% |
| 2016 | 10.9% | -11.1% |
| 2017 | 12.5% | +14.4% |
| 2018 | 14.4% | +15.4% |
| 2019 | 14.8% | +2.6% |
| 2020 | 13.0% | -11.9% |
| 2021 | 14.3% | +9.6% |
| 2022 | 15.7% | +10.1% |
| 2023 | 15.4% | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.7% | 5.3% | 7.7% | 5 |
| 1970s | 9.4% | 6.5% | 12.2% | 10 |
| 1980s | 8.6% | 6.8% | 10.2% | 10 |
| 1990s | 9.2% | 8.1% | 10.9% | 10 |
| 2000s | 11.5% | 9.7% | 13.4% | 10 |
| 2010s | 12.4% | 10.6% | 14.8% | 10 |
| 2020s | 14.6% | 13.0% | 15.7% | 4 |
Countries ranked near Ecuador
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)
- Manufacturing, value added (current US$), per unit of GDP 0.1324 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 943.11 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.1324 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 943.11 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1222 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 870.39 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 854.31 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.28 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Ecuador?
- Gross fixed capital formation, private sector in Ecuador was 15.4% 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 15.7% in 2022.
- What is the lowest gross fixed capital formation, private sector recorded in Ecuador?
- The lowest recorded value was 5.3% in 1965.
- How does Ecuador rank for gross fixed capital formation, private sector?
- Ecuador ranks 61st out of 106 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 33.9%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.