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
119th
of 220 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. Measured in %.
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 119th of 220 countries on this measure, in the middle of the range.
Merchandise trade as a proportion of GDP (%) in Ecuador, year by year
| Year | % | 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% |
Ecuador compared with similar countries
- Ecuador's 51.3% is below the median for upper middle income countries, which is 56.9%, 90% of the median. (55 countries reporting)
- Ecuador's 51.3% is above the median for Latin America & Caribbean, which is 43.3%, 1.2× the median. (36 countries reporting)
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
- 116 Burkina Faso 52.2% compare
- 117 Spain 51.9% compare
- 118 Sierra Leone 51.4% compare
- 120 Canada 50.9% compare
- 121 Northern Mariana Islands 50.5% compare
- 122 Costa Rica 50.5% compare
More economy & growth data for Ecuador
- Real gdp growth, annual growth rate 291.67 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -72.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.2802 units per person (2025)
- SDRs holdings, SDR, annual growth rate -74.12 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2046 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 12.99 % change on previous year (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 119th out of 220 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).