Gross Fixed Capital Formation — Value US$ in Ecuador
Ecuador: Gross Fixed Capital Formation — Value US$ was 22,291 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Ecuador, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Ecuador recorded 22,291 million USD for gross fixed capital formation — value us$ in 2024.
That represents a change of down 4.6% on the previous year and down 7.6% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Ecuador peaked at 24,122 million USD in 2014 and was at its lowest, 358.99 million USD, in 1970.
That places Ecuador 78th out of 235 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$ in Ecuador, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 358.99 million USD | — |
| 1971 | 409.96 million USD | +14.2% |
| 1972 | 502.38 million USD | +22.5% |
| 1973 | 746.24 million USD | +48.5% |
| 1974 | 752.79 million USD | +0.9% |
| 1975 | 1,152 million USD | +53.0% |
| 1976 | 1,382 million USD | +20.0% |
| 1977 | 1,770 million USD | +28.0% |
| 1978 | 2,111 million USD | +19.3% |
| 1979 | 2,337 million USD | +10.7% |
| 1980 | 2,779 million USD | +18.9% |
| 1981 | 3,420 million USD | +23.1% |
| 1982 | 3,298 million USD | -3.6% |
| 1983 | 2,168 million USD | -34.3% |
| 1984 | 2,172 million USD | +0.2% |
| 1985 | 2,323 million USD | +7.0% |
| 1986 | 2,344 million USD | +0.9% |
| 1987 | 2,387 million USD | +1.8% |
| 1988 | 2,043 million USD | -14.4% |
| 1989 | 2,209 million USD | +8.1% |
| 1990 | 2,191 million USD | -0.8% |
| 1991 | 2,404 million USD | +9.7% |
| 1992 | 2,444 million USD | +1.7% |
| 1993 | 2,710 million USD | +10.9% |
| 1994 | 3,169 million USD | +16.9% |
| 1995 | 3,320 million USD | +4.8% |
| 1996 | 3,317 million USD | -0.1% |
| 1997 | 3,765 million USD | +13.5% |
| 1998 | 4,163 million USD | +10.6% |
| 1999 | 2,511 million USD | -39.7% |
| 2000 | 2,632 million USD | +4.8% |
| 2001 | 3,538 million USD | +34.4% |
| 2002 | 4,523 million USD | +27.9% |
| 2003 | 4,780 million USD | +5.7% |
| 2004 | 5,550 million USD | +16.1% |
| 2005 | 6,564 million USD | +18.3% |
| 2006 | 7,574 million USD | +15.4% |
| 2007 | 8,208 million USD | +8.4% |
| 2008 | 10,660 million USD | +29.9% |
| 2009 | 10,902 million USD | +2.3% |
| 2010 | 13,434 million USD | +23.2% |
| 2011 | 16,541 million USD | +23.1% |
| 2012 | 19,424 million USD | +17.4% |
| 2013 | 23,105 million USD | +18.9% |
| 2014 | 24,122 million USD | +4.4% |
| 2015 | 21,912 million USD | -9.2% |
| 2016 | 20,232 million USD | -7.7% |
| 2017 | 22,420 million USD | +10.8% |
| 2018 | 22,558 million USD | +0.6% |
| 2019 | 22,224 million USD | -1.5% |
| 2020 | 17,251 million USD | -22.4% |
| 2021 | 20,493 million USD | +18.8% |
| 2022 | 23,467 million USD | +14.5% |
| 2023 | 23,356 million USD | -0.5% |
| 2024 | 22,291 million USD | -4.6% |
Ecuador compared with similar countries
- Ecuador's 22,291 million USD is above the median for upper middle income countries, which is 8,136 million USD, 2.7× the median. (54 countries reporting)
- Ecuador's 22,291 million USD is above the median for Latin America & Caribbean, which is 3,605 million USD, 6.2× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,152 million USD | 358.99 million USD | 2,337 million USD | 10 |
| 1980s | 2,514 million USD | 2,043 million USD | 3,420 million USD | 10 |
| 1990s | 2,999 million USD | 2,191 million USD | 4,163 million USD | 10 |
| 2000s | 6,493 million USD | 2,632 million USD | 10,902 million USD | 10 |
| 2010s | 20,597 million USD | 13,434 million USD | 24,122 million USD | 10 |
| 2020s | 21,372 million USD | 17,251 million USD | 23,467 million USD | 5 |
Countries ranked near Ecuador
- 75 Democratic Republic of the Congo 23,541 million USD compare
- 76 Côte d'Ivoire 23,078 million USD compare
- 76 Cote d'Ivoire 23,078 million USD compare
- 79 Kenya 21,990 million USD compare
- 80 Croatia 21,904 million USD compare
- 81 Bulgaria 20,129 million USD 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$), annual growth rate 41.84 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Ecuador?
- Gross fixed capital formation — value us$ in Ecuador was 22,291 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Ecuador?
- The highest recorded value was 24,122 million USD in 2014.
- What is the lowest gross fixed capital formation — value us$ recorded in Ecuador?
- The lowest recorded value was 358.99 million USD in 1970.
- How does Ecuador rank for gross fixed capital formation — value us$?
- Ecuador ranks 78th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Ecuador?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is volatile.
- 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$. 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).