Gross Fixed Capital Formation — Value Standard Local Currency, per in Ecuador
Ecuador: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.094 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.094 million SLC per square kilometre
Change on year
down 0.5%
World rank
180th
of 194 countries
All-time high
0.0971 million SLC per square kilometre
in 2014
All-time low
0.0013 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in Ecuador, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, per in Ecuador stood at 0.094 million SLC per square kilometre.
The figure is down 0.5% on the previous year and up 1.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Ecuador peaked at 0.0971 million SLC per square kilometre in 2014 and was at its lowest, 0.0013 million SLC per square kilometre, in 1970.
That places Ecuador 180th out of 194 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Ecuador, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0013 million SLC per square kilometre | — |
| 1971 | 0.0015 million SLC per square kilometre | +14.2% |
| 1972 | 0.0018 million SLC per square kilometre | +22.5% |
| 1973 | 0.0027 million SLC per square kilometre | +48.5% |
| 1974 | 0.0027 million SLC per square kilometre | +0.9% |
| 1975 | 0.0042 million SLC per square kilometre | +53.0% |
| 1976 | 0.005 million SLC per square kilometre | +20.0% |
| 1977 | 0.0064 million SLC per square kilometre | +28.0% |
| 1978 | 0.0076 million SLC per square kilometre | +19.3% |
| 1979 | 0.0084 million SLC per square kilometre | +10.7% |
| 1980 | 0.01 million SLC per square kilometre | +18.9% |
| 1981 | 0.0124 million SLC per square kilometre | +23.1% |
| 1982 | 0.0119 million SLC per square kilometre | -3.6% |
| 1983 | 0.0078 million SLC per square kilometre | -34.3% |
| 1984 | 0.0078 million SLC per square kilometre | +0.2% |
| 1985 | 0.0084 million SLC per square kilometre | +7.0% |
| 1986 | 0.0085 million SLC per square kilometre | +0.9% |
| 1987 | 0.0086 million SLC per square kilometre | +1.8% |
| 1988 | 0.0074 million SLC per square kilometre | -14.4% |
| 1989 | 0.008 million SLC per square kilometre | +8.1% |
| 1990 | 0.0079 million SLC per square kilometre | -0.8% |
| 1991 | 0.0087 million SLC per square kilometre | +9.7% |
| 1992 | 0.0088 million SLC per square kilometre | +1.7% |
| 1993 | 0.0098 million SLC per square kilometre | +10.9% |
| 1994 | 0.0114 million SLC per square kilometre | +16.9% |
| 1995 | 0.012 million SLC per square kilometre | +4.8% |
| 1996 | 0.012 million SLC per square kilometre | -0.1% |
| 1997 | 0.0136 million SLC per square kilometre | +13.5% |
| 1998 | 0.0168 million SLC per square kilometre | +23.3% |
| 1999 | 0.0101 million SLC per square kilometre | -39.7% |
| 2000 | 0.0106 million SLC per square kilometre | +4.8% |
| 2001 | 0.0142 million SLC per square kilometre | +34.4% |
| 2002 | 0.0182 million SLC per square kilometre | +27.9% |
| 2003 | 0.0192 million SLC per square kilometre | +5.7% |
| 2004 | 0.0223 million SLC per square kilometre | +16.1% |
| 2005 | 0.0264 million SLC per square kilometre | +18.3% |
| 2006 | 0.0305 million SLC per square kilometre | +15.4% |
| 2007 | 0.033 million SLC per square kilometre | +8.4% |
| 2008 | 0.0429 million SLC per square kilometre | +29.9% |
| 2009 | 0.0439 million SLC per square kilometre | +2.3% |
| 2010 | 0.0541 million SLC per square kilometre | +23.2% |
| 2011 | 0.0666 million SLC per square kilometre | +23.1% |
| 2012 | 0.0782 million SLC per square kilometre | +17.4% |
| 2013 | 0.093 million SLC per square kilometre | +18.9% |
| 2014 | 0.0971 million SLC per square kilometre | +4.4% |
| 2015 | 0.0882 million SLC per square kilometre | -9.2% |
| 2016 | 0.0815 million SLC per square kilometre | -7.7% |
| 2017 | 0.0903 million SLC per square kilometre | +10.8% |
| 2018 | 0.0908 million SLC per square kilometre | +0.6% |
| 2019 | 0.0895 million SLC per square kilometre | -1.5% |
| 2020 | 0.0695 million SLC per square kilometre | -22.4% |
| 2021 | 0.0825 million SLC per square kilometre | +18.8% |
| 2022 | 0.0945 million SLC per square kilometre | +14.5% |
| 2023 | 0.094 million SLC per square kilometre | -0.5% |
Ecuador compared with similar countries
- Ecuador's 0.094 million SLC per square kilometre is below the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 4% of the median. (54 countries reporting)
- Ecuador's 0.094 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 2.91 million SLC per square kilometre, 3% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0042 million SLC per square kilometre | 0.0013 million SLC per square kilometre | 0.0084 million SLC per square kilometre | 10 |
| 1980s | 0.0091 million SLC per square kilometre | 0.0074 million SLC per square kilometre | 0.0124 million SLC per square kilometre | 10 |
| 1990s | 0.0111 million SLC per square kilometre | 0.0079 million SLC per square kilometre | 0.0168 million SLC per square kilometre | 10 |
| 2000s | 0.0261 million SLC per square kilometre | 0.0106 million SLC per square kilometre | 0.0439 million SLC per square kilometre | 10 |
| 2010s | 0.0829 million SLC per square kilometre | 0.0541 million SLC per square kilometre | 0.0971 million SLC per square kilometre | 10 |
| 2020s | 0.0851 million SLC per square kilometre | 0.0695 million SLC per square kilometre | 0.0945 million SLC per square kilometre | 4 |
Countries ranked near Ecuador
- 177 Fiji 0.1148 million SLC per square kilometre compare
- 178 Solomon Islands 0.1139 million SLC per square kilometre compare
- 179 Montenegro 0.1016 million SLC per square kilometre compare
- 181 Mauritania 0.0885 million SLC per square kilometre compare
- 182 Australia 0.0843 million SLC per square kilometre compare
- 183 Canada 0.0751 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, per in Ecuador?
- Gross fixed capital formation — value standard local currency, per in Ecuador was 0.094 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Ecuador?
- The highest recorded value was 0.0971 million SLC per square kilometre in 2014.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Ecuador?
- The lowest recorded value was 0.0013 million SLC per square kilometre in 1970.
- How does Ecuador rank for gross fixed capital formation — value standard local currency, per?
- Ecuador ranks 180th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Ecuador?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is volatile.
- 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, 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.