Gross Fixed Capital Formation — Value US$ in Ecuador

Ecuador: Gross Fixed Capital Formation — Value US$ was 22,291 million USD in 2024. ◆ Volatile

Latest (2024)
22,291 million USD
Change on year
down 4.6%
World rank
71st
of 219 countries
All-time high
24,122 million USD
in 2014
All-time low
358.99 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Ecuador, 1970–2024

05.0k10.0k15.0k20.0k25.0k197019972024

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 71st out of 219 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 68 Oman 26,802 million USD compare
  2. 69 Democratic Republic of the Congo 23,541 million USD compare
  3. 70 Côte d'Ivoire 23,078 million USD compare
  4. 72 Kenya 21,990 million USD compare
  5. 73 Croatia 21,904 million USD compare
  6. 74 Bulgaria 20,129 million USD compare

See the full ranking of 251 places →

More economy & growth data for Ecuador

All data for Ecuador →

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$?
Ecuador ranks 71st out of 219 countries with data for 2024.
Is gross fixed capital formation — value us$ 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.

Download this data

CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).