Machinery and transport equipment in Ecuador
Ecuador: Machinery and transport equipment was 4.4% in 2023. ◆ Volatile
Machinery and transport equipment in Ecuador, 1963–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2023, machinery and transport equipment in Ecuador stood at 4.4%.
The figure is up 10.9% on the previous year and up 74.9% over ten years.
Over the whole period, machinery and transport equipment in Ecuador peaked at 6.1% in 2011 and was at its lowest, 0.0%, in 1963.
Ecuador ranks 93rd of 149 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Machinery and transport equipment in Ecuador, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 0.0% | — |
| 1964 | 0.3% | — |
| 1965 | 0.4% | +46.8% |
| 1966 | 0.5% | +7.5% |
| 1967 | 0.4% | -18.2% |
| 1968 | 0.5% | +16.5% |
| 1969 | 0.6% | +36.7% |
| 1970 | 0.5% | -24.9% |
| 1971 | 0.6% | +37.6% |
| 1972 | 0.5% | -18.6% |
| 1973 | 0.6% | +23.6% |
| 1974 | 0.9% | +37.6% |
| 1975 | 1.0% | +16.7% |
| 1976 | 1.9% | +78.2% |
| 1977 | 1.8% | -1.7% |
| 1978 | 1.5% | -18.6% |
| 1979 | 2.0% | +37.2% |
| 1980 | 2.1% | +3.6% |
| 1981 | 2.5% | +20.4% |
| 1982 | 2.2% | -11.9% |
| 1983 | 2.2% | -0.7% |
| 1984 | 2.4% | +6.6% |
| 1985 | 2.2% | -5.0% |
| 1986 | 2.3% | +2.2% |
| 1987 | 1.9% | -18.1% |
| 1988 | 2.2% | +14.3% |
| 1989 | 2.3% | +7.3% |
| 1990 | 2.1% | -10.8% |
| 1991 | 2.5% | +23.8% |
| 1992 | 2.1% | -17.5% |
| 1993 | 3.1% | +48.9% |
| 1994 | 1.5% | -52.5% |
| 1995 | 3.3% | +119.4% |
| 1996 | 2.9% | -11.6% |
| 1997 | 2.6% | -9.9% |
| 1998 | 2.4% | -6.3% |
| 1999 | 2.2% | -10.7% |
| 2000 | 1.6% | -25.6% |
| 2001 | 2.9% | +82.3% |
| 2002 | 4.9% | +65.8% |
| 2003 | 2.6% | -46.6% |
| 2004 | 1.8% | -32.2% |
| 2005 | 3.0% | +67.3% |
| 2006 | 3.7% | +23.9% |
| 2007 | 2.4% | -35.1% |
| 2008 | 2.6% | +8.8% |
| 2009 | 2.6% | +0.0% |
| 2010 | 0.7% | -73.4% |
| 2011 | 6.1% | +784.5% |
| 2012 | 1.6% | -73.5% |
| 2013 | 2.5% | +57.0% |
| 2014 | 2.6% | +1.4% |
| 2015 | 3.2% | +24.0% |
| 2016 | 3.6% | +12.4% |
| 2017 | 4.1% | +15.0% |
| 2018 | 4.4% | +7.8% |
| 2019 | 4.3% | -2.9% |
| 2020 | 4.0% | -7.9% |
| 2021 | 3.3% | -17.3% |
| 2022 | 4.0% | +21.9% |
| 2023 | 4.4% | +10.9% |
Ecuador compared with similar countries
- Ecuador's 4.4% is below the median for upper middle income countries, which is 6.8%, 65% of the median. (46 countries reporting)
- Ecuador's 4.4% is above the median for Latin America & Caribbean, which is 4.0%, 1.1× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Machinery and transport equipment in Ecuador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +784.5% | 0.7% | 6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.4% | 0.0% | 0.6% | 7 |
| 1970s | 1.1% | 0.5% | 2.0% | 10 |
| 1980s | 2.2% | 1.9% | 2.5% | 10 |
| 1990s | 2.5% | 1.5% | 3.3% | 10 |
| 2000s | 2.8% | 1.6% | 4.9% | 10 |
| 2010s | 3.3% | 0.7% | 6.1% | 10 |
| 2020s | 3.9% | 3.3% | 4.4% | 4 |
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)
- 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 machinery and transport equipment in Ecuador?
- Machinery and transport equipment in Ecuador was 4.4% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Ecuador?
- The highest recorded value was 6.1% in 2011.
- What is the lowest machinery and transport equipment recorded in Ecuador?
- The lowest recorded value was 0.0% in 1963.
- How does Ecuador rank for machinery and transport equipment?
- Ecuador ranks 93rd out of 149 countries with data for 2023.
- Is machinery and transport equipment rising or falling in Ecuador?
- Over the last ten years it is up 74.9%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).