Merchandise trade as a proportion of GDP in Ecuador
Ecuador: Merchandise trade as a proportion of GDP was 51.3% in 2024. ▬ Flat
Latest (2024)
51.3%
Change on year
up 0.1%
World rank
102nd
of 188 countries
All-time high
61.6%
in 2008
All-time low
33.9%
in 2016
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Ecuador, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Ecuador is 51.3%, measured in 2024.
That represents a change of up 0.1% on the previous year and down 1.5% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Ecuador peaked at 61.6% in 2008 and was at its lowest, 33.9%, in 2016.
Ecuador ranks 102nd of 188 countries on this measure, in the middle of the range.
Merchandise trade as a proportion of GDP in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 49.3% | — |
| 2001 | 43.4% | -11.9% |
| 2002 | 42.4% | -2.3% |
| 2003 | 41.7% | -1.6% |
| 2004 | 45.4% | +8.8% |
| 2005 | 50.6% | +11.5% |
| 2006 | 54.4% | +7.4% |
| 2007 | 56.6% | +4.1% |
| 2008 | 61.6% | +8.9% |
| 2009 | 48.2% | -21.8% |
| 2010 | 55.9% | +16.0% |
| 2011 | 59.2% | +5.9% |
| 2012 | 56.1% | -5.2% |
| 2013 | 53.8% | -4.1% |
| 2014 | 52.0% | -3.4% |
| 2015 | 41.0% | -21.2% |
| 2016 | 33.9% | -17.3% |
| 2017 | 37.5% | +10.5% |
| 2018 | 41.7% | +11.3% |
| 2019 | 41.7% | +0.1% |
| 2020 | 39.9% | -4.3% |
| 2021 | 48.9% | +22.4% |
| 2022 | 56.6% | +15.8% |
| 2023 | 51.2% | -9.5% |
| 2024 | 51.3% | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.4% | 41.7% | 61.6% | 10 |
| 2010s | 47.3% | 33.9% | 59.2% | 10 |
| 2020s | 49.6% | 39.9% | 56.6% | 5 |
Countries ranked near Ecuador
- 99 Burkina Faso 52.2% compare
- 100 Spain 51.9% compare
- 101 Sierra Leone 51.4% compare
- 103 Canada 50.9% compare
- 104 Northern Mariana Islands 50.5% compare
- 105 Costa Rica 50.5% 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.92 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2234 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,592 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 4.32 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 4.32 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 10.59 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.097 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 691.36 current LCU per person (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Ecuador?
- Merchandise trade as a proportion of gdp in Ecuador was 51.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Ecuador?
- The highest recorded value was 61.6% in 2008.
- What is the lowest merchandise trade as a proportion of gdp recorded in Ecuador?
- The lowest recorded value was 33.9% in 2016.
- How does Ecuador rank for merchandise trade as a proportion of gdp?
- Ecuador ranks 102nd out of 188 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Ecuador?
- Over the last ten years it is down 1.5%. The long-run trend across the full record is flat.
- Where does this Ecuador data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).