Value of imported goods as a share of GDP in Ecuador
Ecuador: Value of imported goods as a share of GDP was 23.8% in 2024. ▲ Rising
Value of imported goods as a share of GDP in Ecuador, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for value of imported goods as a share of gdp in Ecuador is 23.8%, measured in 2024.
Compared with earlier readings it is down 6.9% on the previous year and down 10.7% over ten years.
Over the whole period, value of imported goods as a share of gdp in Ecuador peaked at 30.5% in 2011 and was at its lowest, 4.2%, in 1960.
Ecuador ranks 139th of 201 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Value of imported goods as a share of GDP in Ecuador, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 4.2% | — |
| 1961 | 4.9% | +15.8% |
| 1962 | 5.5% | +11.8% |
| 1963 | 6.4% | +17.1% |
| 1964 | 5.9% | -8.3% |
| 1965 | 5.8% | -0.5% |
| 1966 | 5.9% | +0.8% |
| 1967 | 7.1% | +20.1% |
| 1968 | 8.5% | +20.7% |
| 1969 | 6.6% | -22.5% |
| 1970 | 8.3% | +25.9% |
| 1971 | 10.8% | +29.8% |
| 1972 | 8.8% | -19.0% |
| 1973 | 8.8% | +0.9% |
| 1974 | 9.0% | +1.5% |
| 1975 | 11.4% | +26.9% |
| 1976 | 9.5% | -16.5% |
| 1977 | 9.8% | +2.7% |
| 1978 | 11.2% | +15.0% |
| 1979 | 10.0% | -10.8% |
| 1980 | 10.7% | +7.2% |
| 1981 | 8.6% | -19.9% |
| 1982 | 8.9% | +3.6% |
| 1983 | 7.5% | -15.3% |
| 1984 | 9.3% | +22.9% |
| 1985 | 9.2% | -0.4% |
| 1986 | 10.3% | +11.1% |
| 1987 | 13.5% | +31.9% |
| 1988 | 11.7% | -13.4% |
| 1989 | 12.1% | +2.8% |
| 1990 | 11.9% | -1.7% |
| 1991 | 13.6% | +14.3% |
| 1992 | 13.1% | -3.0% |
| 1993 | 13.2% | +0.3% |
| 1994 | 15.4% | +16.7% |
| 1995 | 16.4% | +6.4% |
| 1996 | 14.4% | -12.0% |
| 1997 | 15.5% | +7.4% |
| 1998 | 19.7% | +27.7% |
| 1999 | 17.1% | -13.4% |
| 2000 | 19.2% | +12.1% |
| 2001 | 21.1% | +9.9% |
| 2002 | 21.7% | +3.1% |
| 2003 | 19.6% | -9.8% |
| 2004 | 20.6% | +4.9% |
| 2005 | 25.5% | +23.9% |
| 2006 | 26.3% | +3.3% |
| 2007 | 26.9% | +2.3% |
| 2008 | 30.1% | +11.9% |
| 2009 | 24.8% | -17.7% |
| 2010 | 29.2% | +17.6% |
| 2011 | 30.5% | +4.5% |
| 2012 | 28.6% | -6.2% |
| 2013 | 27.8% | -2.6% |
| 2014 | 26.7% | -4.2% |
| 2015 | 21.9% | -17.8% |
| 2016 | 16.5% | -24.7% |
| 2017 | 18.9% | +14.5% |
| 2018 | 21.3% | +12.8% |
| 2019 | 20.7% | -2.9% |
| 2020 | 18.4% | -11.1% |
| 2021 | 23.9% | +29.8% |
| 2022 | 28.4% | +19.0% |
| 2023 | 25.6% | -10.1% |
| 2024 | 23.8% | -6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.1% | 4.2% | 8.5% | 10 |
| 1970s | 9.8% | 8.3% | 11.4% | 10 |
| 1980s | 10.2% | 7.5% | 13.5% | 10 |
| 1990s | 15.0% | 11.9% | 19.7% | 10 |
| 2000s | 23.6% | 19.2% | 30.1% | 10 |
| 2010s | 24.2% | 16.5% | 30.5% | 10 |
| 2020s | 24.0% | 18.4% | 28.4% | 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)
- Final consumption expenditure (constant 2015 US$), per capita 4,778 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 5.3 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9648 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 6,874 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 5.3 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.9648 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 6,874 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.96 % change on previous year (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Ecuador?
- Value of imported goods as a share of gdp in Ecuador was 23.8% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Ecuador?
- The highest recorded value was 30.5% in 2011.
- What is the lowest value of imported goods as a share of gdp recorded in Ecuador?
- The lowest recorded value was 4.2% in 1960.
- How does Ecuador rank for value of imported goods as a share of gdp?
- Ecuador ranks 139th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Ecuador?
- Over the last ten years it is down 10.7%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).