Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Ecuador
Ecuador: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0778 million SLC per square kilometre in 2023. ▲ Rising
Latest (2023)
0.0778 million SLC per square kilometre
Change on year
up 0.5%
World rank
176th
of 194 countries
All-time high
0.0957 million SLC per square kilometre
in 2014
All-time low
0.0199 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Ecuador, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Ecuador is 0.0778 million SLC per square kilometre, measured in 2023.
That represents a change of up 0.5% on the previous year and down 17.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Ecuador peaked at 0.0957 million SLC per square kilometre in 2014 and was at its lowest, 0.0199 million SLC per square kilometre, in 1970.
That places Ecuador 176th out of 194 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Ecuador, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0199 million SLC per square kilometre | — |
| 1971 | 0.0252 million SLC per square kilometre | +26.5% |
| 1972 | 0.0235 million SLC per square kilometre | -6.7% |
| 1973 | 0.0227 million SLC per square kilometre | -3.2% |
| 1974 | 0.0255 million SLC per square kilometre | +12.4% |
| 1975 | 0.0361 million SLC per square kilometre | +41.3% |
| 1976 | 0.0372 million SLC per square kilometre | +3.1% |
| 1977 | 0.0406 million SLC per square kilometre | +9.2% |
| 1978 | 0.0448 million SLC per square kilometre | +10.2% |
| 1979 | 0.0415 million SLC per square kilometre | -7.3% |
| 1980 | 0.0422 million SLC per square kilometre | +1.6% |
| 1981 | 0.0438 million SLC per square kilometre | +3.9% |
| 1982 | 0.0454 million SLC per square kilometre | +3.7% |
| 1983 | 0.0393 million SLC per square kilometre | -13.5% |
| 1984 | 0.0389 million SLC per square kilometre | -0.9% |
| 1985 | 0.0423 million SLC per square kilometre | +8.6% |
| 1986 | 0.0431 million SLC per square kilometre | +1.9% |
| 1987 | 0.0428 million SLC per square kilometre | -0.5% |
| 1988 | 0.0392 million SLC per square kilometre | -8.4% |
| 1989 | 0.0376 million SLC per square kilometre | -4.1% |
| 1990 | 0.0364 million SLC per square kilometre | -3.2% |
| 1991 | 0.0394 million SLC per square kilometre | +8.1% |
| 1992 | 0.0392 million SLC per square kilometre | -0.3% |
| 1993 | 0.0403 million SLC per square kilometre | +2.8% |
| 1994 | 0.0416 million SLC per square kilometre | +3.3% |
| 1995 | 0.0416 million SLC per square kilometre | -0.0% |
| 1996 | 0.0422 million SLC per square kilometre | +1.3% |
| 1997 | 0.0326 million SLC per square kilometre | -22.8% |
| 1998 | 0.036 million SLC per square kilometre | +10.6% |
| 1999 | 0.0277 million SLC per square kilometre | -23.0% |
| 2000 | 0.033 million SLC per square kilometre | +19.0% |
| 2001 | 0.0335 million SLC per square kilometre | +1.4% |
| 2002 | 0.0401 million SLC per square kilometre | +19.8% |
| 2003 | 0.0404 million SLC per square kilometre | +0.8% |
| 2004 | 0.04 million SLC per square kilometre | -1.0% |
| 2005 | 0.0442 million SLC per square kilometre | +10.5% |
| 2006 | 0.0464 million SLC per square kilometre | +5.0% |
| 2007 | 0.0481 million SLC per square kilometre | +3.6% |
| 2008 | 0.0553 million SLC per square kilometre | +15.0% |
| 2009 | 0.0541 million SLC per square kilometre | -2.1% |
| 2010 | 0.0603 million SLC per square kilometre | +11.4% |
| 2011 | 0.0706 million SLC per square kilometre | +17.1% |
| 2012 | 0.079 million SLC per square kilometre | +11.9% |
| 2013 | 0.0944 million SLC per square kilometre | +19.4% |
| 2014 | 0.0957 million SLC per square kilometre | +1.4% |
| 2015 | 0.0882 million SLC per square kilometre | -7.8% |
| 2016 | 0.0745 million SLC per square kilometre | -15.5% |
| 2017 | 0.0836 million SLC per square kilometre | +12.1% |
| 2018 | 0.0825 million SLC per square kilometre | -1.3% |
| 2019 | 0.0806 million SLC per square kilometre | -2.3% |
| 2020 | 0.0631 million SLC per square kilometre | -21.8% |
| 2021 | 0.0714 million SLC per square kilometre | +13.2% |
| 2022 | 0.0774 million SLC per square kilometre | +8.5% |
| 2023 | 0.0778 million SLC per square kilometre | +0.5% |
Ecuador compared with similar countries
- Ecuador's 0.0778 million SLC per square kilometre is below the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 8% of the median. (54 countries reporting)
- Ecuador's 0.0778 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 2.2 million SLC per square kilometre, 4% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0317 million SLC per square kilometre | 0.0199 million SLC per square kilometre | 0.0448 million SLC per square kilometre | 10 |
| 1980s | 0.0415 million SLC per square kilometre | 0.0376 million SLC per square kilometre | 0.0454 million SLC per square kilometre | 10 |
| 1990s | 0.0377 million SLC per square kilometre | 0.0277 million SLC per square kilometre | 0.0422 million SLC per square kilometre | 10 |
| 2000s | 0.0435 million SLC per square kilometre | 0.033 million SLC per square kilometre | 0.0553 million SLC per square kilometre | 10 |
| 2010s | 0.0809 million SLC per square kilometre | 0.0603 million SLC per square kilometre | 0.0957 million SLC per square kilometre | 10 |
| 2020s | 0.0724 million SLC per square kilometre | 0.0631 million SLC per square kilometre | 0.0778 million SLC per square kilometre | 4 |
Countries ranked near Ecuador
- 173 Montenegro 0.0838 million SLC per square kilometre compare
- 174 Zambia 0.0835 million SLC per square kilometre compare
- 175 Cuba 0.079 million SLC per square kilometre compare
- 177 Botswana 0.0758 million SLC per square kilometre compare
- 178 Mauritania 0.0704 million SLC per square kilometre compare
- 179 Australia 0.0662 million SLC per square kilometre 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 fixed capital formation — value standard local currency, 2015 in Ecuador?
- Gross fixed capital formation — value standard local currency, 2015 in Ecuador was 0.0778 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Ecuador?
- The highest recorded value was 0.0957 million SLC per square kilometre in 2014.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Ecuador?
- The lowest recorded value was 0.0199 million SLC per square kilometre in 1970.
- How does Ecuador rank for gross fixed capital formation — value standard local currency, 2015?
- Ecuador ranks 176th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Ecuador?
- Over the last ten years it is down 17.5%. 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 Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.