Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Ecuador
Ecuador: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 18,593 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Ecuador, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Ecuador is 18,593 million SLC, measured in 2024.
Compared with earlier readings it is down 3.8% on the previous year and down 21.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Ecuador peaked at 23,767 million SLC in 2014 and was at its lowest, 5,511 million SLC, in 1970.
Ecuador ranks 125th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Ecuador, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 5,511 million SLC | — |
| 1971 | 6,970 million SLC | +26.5% |
| 1972 | 6,504 million SLC | -6.7% |
| 1973 | 6,294 million SLC | -3.2% |
| 1974 | 7,073 million SLC | +12.4% |
| 1975 | 9,996 million SLC | +41.3% |
| 1976 | 10,304 million SLC | +3.1% |
| 1977 | 11,247 million SLC | +9.2% |
| 1978 | 12,392 million SLC | +10.2% |
| 1979 | 11,485 million SLC | -7.3% |
| 1980 | 11,671 million SLC | +1.6% |
| 1981 | 12,131 million SLC | +3.9% |
| 1982 | 12,575 million SLC | +3.7% |
| 1983 | 10,880 million SLC | -13.5% |
| 1984 | 10,777 million SLC | -0.9% |
| 1985 | 11,707 million SLC | +8.6% |
| 1986 | 11,926 million SLC | +1.9% |
| 1987 | 11,862 million SLC | -0.5% |
| 1988 | 10,860 million SLC | -8.4% |
| 1989 | 10,411 million SLC | -4.1% |
| 1990 | 10,080 million SLC | -3.2% |
| 1991 | 10,895 million SLC | +8.1% |
| 1992 | 10,858 million SLC | -0.3% |
| 1993 | 11,160 million SLC | +2.8% |
| 1994 | 11,527 million SLC | +3.3% |
| 1995 | 11,524 million SLC | -0.0% |
| 1996 | 11,679 million SLC | +1.3% |
| 1997 | 9,012 million SLC | -22.8% |
| 1998 | 8,945 million SLC | -0.7% |
| 1999 | 6,886 million SLC | -23.0% |
| 2000 | 8,195 million SLC | +19.0% |
| 2001 | 8,312 million SLC | +1.4% |
| 2002 | 9,960 million SLC | +19.8% |
| 2003 | 10,035 million SLC | +0.8% |
| 2004 | 9,934 million SLC | -1.0% |
| 2005 | 10,978 million SLC | +10.5% |
| 2006 | 11,530 million SLC | +5.0% |
| 2007 | 11,942 million SLC | +3.6% |
| 2008 | 13,737 million SLC | +15.0% |
| 2009 | 13,444 million SLC | -2.1% |
| 2010 | 14,971 million SLC | +11.4% |
| 2011 | 17,538 million SLC | +17.1% |
| 2012 | 19,624 million SLC | +11.9% |
| 2013 | 23,434 million SLC | +19.4% |
| 2014 | 23,767 million SLC | +1.4% |
| 2015 | 21,912 million SLC | -7.8% |
| 2016 | 18,509 million SLC | -15.5% |
| 2017 | 20,754 million SLC | +12.1% |
| 2018 | 20,491 million SLC | -1.3% |
| 2019 | 20,020 million SLC | -2.3% |
| 2020 | 15,660 million SLC | -21.8% |
| 2021 | 17,726 million SLC | +13.2% |
| 2022 | 19,235 million SLC | +8.5% |
| 2023 | 19,327 million SLC | +0.5% |
| 2024 | 18,593 million SLC | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8,778 million SLC | 5,511 million SLC | 12,392 million SLC | 10 |
| 1980s | 11,480 million SLC | 10,411 million SLC | 12,575 million SLC | 10 |
| 1990s | 10,257 million SLC | 6,886 million SLC | 11,679 million SLC | 10 |
| 2000s | 10,807 million SLC | 8,195 million SLC | 13,737 million SLC | 10 |
| 2010s | 20,102 million SLC | 14,971 million SLC | 23,767 million SLC | 10 |
| 2020s | 18,108 million SLC | 15,660 million SLC | 19,327 million SLC | 5 |
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)
- GNI, Atlas method (current US$), annual growth rate 8.46 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9668 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 6,888 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.21 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9723 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 6,928 current US$ per person (2025)
- GNI (current LCU), annual growth rate 5.21 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.9723 current LCU per US$ of GDP (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 18,593 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Ecuador?
- The highest recorded value was 23,767 million SLC in 2014.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Ecuador?
- The lowest recorded value was 5,511 million SLC in 1970.
- How does Ecuador rank for gross fixed capital formation — value standard local currency, 2015?
- Ecuador ranks 125th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Ecuador?
- Over the last ten years it is down 21.8%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).