Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Ecuador
Ecuador: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 18,593 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Ecuador, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Ecuador recorded 18,593 million USD for gross fixed capital formation — value us$, 2015 prices in 2024.
That represents a change of down 3.8% on the previous year and down 21.8% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Ecuador peaked at 23,767 million USD in 2014 and was at its lowest, 5,511 million USD, in 1970.
Ecuador ranks 84th of 235 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Ecuador, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 5,511 million USD | — |
| 1971 | 6,970 million USD | +26.5% |
| 1972 | 6,504 million USD | -6.7% |
| 1973 | 6,294 million USD | -3.2% |
| 1974 | 7,073 million USD | +12.4% |
| 1975 | 9,996 million USD | +41.3% |
| 1976 | 10,304 million USD | +3.1% |
| 1977 | 11,247 million USD | +9.2% |
| 1978 | 12,392 million USD | +10.2% |
| 1979 | 11,485 million USD | -7.3% |
| 1980 | 11,671 million USD | +1.6% |
| 1981 | 12,131 million USD | +3.9% |
| 1982 | 12,575 million USD | +3.7% |
| 1983 | 10,880 million USD | -13.5% |
| 1984 | 10,777 million USD | -0.9% |
| 1985 | 11,707 million USD | +8.6% |
| 1986 | 11,926 million USD | +1.9% |
| 1987 | 11,862 million USD | -0.5% |
| 1988 | 10,860 million USD | -8.4% |
| 1989 | 10,411 million USD | -4.1% |
| 1990 | 10,080 million USD | -3.2% |
| 1991 | 10,895 million USD | +8.1% |
| 1992 | 10,858 million USD | -0.3% |
| 1993 | 11,160 million USD | +2.8% |
| 1994 | 11,527 million USD | +3.3% |
| 1995 | 11,524 million USD | -0.0% |
| 1996 | 11,679 million USD | +1.3% |
| 1997 | 9,012 million USD | -22.8% |
| 1998 | 8,945 million USD | -0.7% |
| 1999 | 6,886 million USD | -23.0% |
| 2000 | 8,195 million USD | +19.0% |
| 2001 | 8,312 million USD | +1.4% |
| 2002 | 9,960 million USD | +19.8% |
| 2003 | 10,035 million USD | +0.8% |
| 2004 | 9,934 million USD | -1.0% |
| 2005 | 10,978 million USD | +10.5% |
| 2006 | 11,530 million USD | +5.0% |
| 2007 | 11,942 million USD | +3.6% |
| 2008 | 13,737 million USD | +15.0% |
| 2009 | 13,444 million USD | -2.1% |
| 2010 | 14,971 million USD | +11.4% |
| 2011 | 17,538 million USD | +17.1% |
| 2012 | 19,624 million USD | +11.9% |
| 2013 | 23,434 million USD | +19.4% |
| 2014 | 23,767 million USD | +1.4% |
| 2015 | 21,912 million USD | -7.8% |
| 2016 | 18,509 million USD | -15.5% |
| 2017 | 20,754 million USD | +12.1% |
| 2018 | 20,491 million USD | -1.3% |
| 2019 | 20,020 million USD | -2.3% |
| 2020 | 15,660 million USD | -21.8% |
| 2021 | 17,726 million USD | +13.2% |
| 2022 | 19,235 million USD | +8.5% |
| 2023 | 19,327 million USD | +0.5% |
| 2024 | 18,593 million USD | -3.8% |
Ecuador compared with similar countries
- Ecuador's 18,593 million USD is above the median for upper middle income countries, which is 7,886 million USD, 2.4× the median. (54 countries reporting)
- Ecuador's 18,593 million USD is above the median for Latin America & Caribbean, which is 2,959 million USD, 6.3× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8,778 million USD | 5,511 million USD | 12,392 million USD | 10 |
| 1980s | 11,480 million USD | 10,411 million USD | 12,575 million USD | 10 |
| 1990s | 10,257 million USD | 6,886 million USD | 11,679 million USD | 10 |
| 2000s | 10,807 million USD | 8,195 million USD | 13,737 million USD | 10 |
| 2010s | 20,102 million USD | 14,971 million USD | 23,767 million USD | 10 |
| 2020s | 18,108 million USD | 15,660 million USD | 19,327 million USD | 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)
- SDRs holdings, US dollar, annual growth rate -72.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.2802 units per person (2025)
- SDRs holdings, SDR, annual growth rate -74.12 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2046 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 12.99 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0828 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Ecuador?
- Gross fixed capital formation — value us$, 2015 prices in Ecuador was 18,593 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Ecuador?
- The highest recorded value was 23,767 million USD in 2014.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Ecuador?
- The lowest recorded value was 5,511 million USD in 1970.
- How does Ecuador rank for gross fixed capital formation — value us$, 2015 prices?
- Ecuador ranks 84th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).