Gross National Income — Value Standard Local Currency in Ecuador
Ecuador: Gross National Income — Value Standard Local Currency was 117,028 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Ecuador, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross national income — value standard local currency in Ecuador is 117,028 million SLC, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 1.9% on the previous year and up 23.1% over ten years.
Over the whole period, gross national income — value standard local currency in Ecuador peaked at 117,028 million SLC in 2023 and was at its lowest, 2,628 million SLC, in 1971.
That places Ecuador 135th out of 202 countries with data for 2023, 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 National Income — Value Standard Local Currency in Ecuador, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 2,745 million SLC | — |
| 1971 | 2,628 million SLC | -4.3% |
| 1972 | 2,981 million SLC | +13.4% |
| 1973 | 3,678 million SLC | +23.4% |
| 1974 | 6,076 million SLC | +65.2% |
| 1975 | 7,532 million SLC | +24.0% |
| 1976 | 8,768 million SLC | +16.4% |
| 1977 | 10,758 million SLC | +22.7% |
| 1978 | 11,466 million SLC | +6.6% |
| 1979 | 13,751 million SLC | +19.9% |
| 1980 | 17,349 million SLC | +26.2% |
| 1981 | 20,955 million SLC | +20.8% |
| 1982 | 18,570 million SLC | -11.4% |
| 1983 | 15,969 million SLC | -14.0% |
| 1984 | 15,430 million SLC | -3.4% |
| 1985 | 16,030 million SLC | +3.9% |
| 1986 | 13,772 million SLC | -14.1% |
| 1987 | 12,505 million SLC | -9.2% |
| 1988 | 11,413 million SLC | -8.7% |
| 1989 | 12,263 million SLC | +7.4% |
| 1990 | 13,803 million SLC | +12.6% |
| 1991 | 15,453 million SLC | +12.0% |
| 1992 | 16,557 million SLC | +7.1% |
| 1993 | 17,601 million SLC | +6.3% |
| 1994 | 20,414 million SLC | +16.0% |
| 1995 | 22,216 million SLC | +8.8% |
| 1996 | 23,099 million SLC | +4.0% |
| 1997 | 25,571 million SLC | +10.7% |
| 1998 | 24,952 million SLC | -2.4% |
| 1999 | 16,604 million SLC | -33.5% |
| 2000 | 16,012 million SLC | -3.6% |
| 2001 | 21,591 million SLC | +34.8% |
| 2002 | 25,626 million SLC | +18.7% |
| 2003 | 29,300 million SLC | +14.3% |
| 2004 | 33,144 million SLC | +13.1% |
| 2005 | 38,162 million SLC | +15.1% |
| 2006 | 43,554 million SLC | +14.1% |
| 2007 | 47,860 million SLC | +9.9% |
| 2008 | 59,682 million SLC | +24.7% |
| 2009 | 58,866 million SLC | -1.4% |
| 2010 | 67,185 million SLC | +14.1% |
| 2011 | 77,782 million SLC | +15.8% |
| 2012 | 86,401 million SLC | +11.1% |
| 2013 | 95,081 million SLC | +10.0% |
| 2014 | 101,120 million SLC | +6.4% |
| 2015 | 95,458 million SLC | -5.6% |
| 2016 | 95,806 million SLC | +0.4% |
| 2017 | 102,026 million SLC | +6.5% |
| 2018 | 104,585 million SLC | +2.5% |
| 2019 | 104,502 million SLC | -0.1% |
| 2020 | 92,588 million SLC | -11.4% |
| 2021 | 105,777 million SLC | +14.2% |
| 2022 | 114,804 million SLC | +8.5% |
| 2023 | 117,028 million SLC | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7,038 million SLC | 2,628 million SLC | 13,751 million SLC | 10 |
| 1980s | 15,426 million SLC | 11,413 million SLC | 20,955 million SLC | 10 |
| 1990s | 19,627 million SLC | 13,803 million SLC | 25,571 million SLC | 10 |
| 2000s | 37,380 million SLC | 16,012 million SLC | 59,682 million SLC | 10 |
| 2010s | 92,995 million SLC | 67,185 million SLC | 104,585 million SLC | 10 |
| 2020s | 107,549 million SLC | 92,588 million SLC | 117,028 million SLC | 4 |
Countries ranked near Ecuador
- 132 Suriname 126,972 million SLC compare
- 133 Azerbaijan 122,227 million SLC compare
- 134 Slovakia 119,640 million SLC compare
- 136 Sudan (former) 115,297 million SLC compare
- 137 Papua New Guinea 104,776 million SLC compare
- 138 Maldives 88,771 million SLC 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)
- Services, value added (constant LCU), per capita 3,891 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.48 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9235 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 6,580 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9235 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 6,580 current LCU per person (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Ecuador?
- Gross national income — value standard local currency in Ecuador was 117,028 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Ecuador?
- The highest recorded value was 117,028 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Ecuador?
- The lowest recorded value was 2,628 million SLC in 1971.
- How does Ecuador rank for gross national income — value standard local currency?
- Ecuador ranks 135th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Ecuador?
- Over the last ten years it is up 23.1%. 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 National Income — Value Standard Local Currency. 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).