Services, value added in Ecuador
Ecuador: Services, value added was 68.58 billion constant 2015 US$ in 2025. ◆ Volatile
Services, value added in Ecuador, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Ecuador recorded 68.58 billion constant 2015 US$ for services, value added in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 3.6% on the previous year and up 22.5% over ten years.
Over the whole period, services, value added in Ecuador peaked at 68.58 billion constant 2015 US$ in 2025 and was at its lowest, 5.58 billion constant 2015 US$, in 1960.
That places Ecuador 59th out of 196 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Ecuador, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 5.58 billion constant 2015 US$ | — |
| 1961 | 5.83 billion constant 2015 US$ | +4.4% |
| 1962 | 6.00 billion constant 2015 US$ | +2.9% |
| 1963 | 6.20 billion constant 2015 US$ | +3.4% |
| 1964 | 6.71 billion constant 2015 US$ | +8.2% |
| 1965 | 6.89 billion constant 2015 US$ | +2.7% |
| 1966 | 6.93 billion constant 2015 US$ | +0.6% |
| 1967 | 7.09 billion constant 2015 US$ | +2.3% |
| 1968 | 7.33 billion constant 2015 US$ | +3.4% |
| 1969 | 7.68 billion constant 2015 US$ | +4.7% |
| 1970 | 8.23 billion constant 2015 US$ | +7.2% |
| 1971 | 8.41 billion constant 2015 US$ | +2.2% |
| 1972 | 8.71 billion constant 2015 US$ | +3.5% |
| 1973 | 9.25 billion constant 2015 US$ | +6.2% |
| 1974 | 10.53 billion constant 2015 US$ | +13.8% |
| 1975 | 12.00 billion constant 2015 US$ | +14.0% |
| 1976 | 12.93 billion constant 2015 US$ | +7.8% |
| 1977 | 13.38 billion constant 2015 US$ | +3.4% |
| 1978 | 14.20 billion constant 2015 US$ | +6.1% |
| 1979 | 15.10 billion constant 2015 US$ | +6.4% |
| 1980 | 16.23 billion constant 2015 US$ | +7.4% |
| 1981 | 17.99 billion constant 2015 US$ | +10.8% |
| 1982 | 18.38 billion constant 2015 US$ | +2.2% |
| 1983 | 18.72 billion constant 2015 US$ | +1.9% |
| 1984 | 18.91 billion constant 2015 US$ | +1.0% |
| 1985 | 19.49 billion constant 2015 US$ | +3.1% |
| 1986 | 19.91 billion constant 2015 US$ | +2.2% |
| 1987 | 20.65 billion constant 2015 US$ | +3.7% |
| 1988 | 21.10 billion constant 2015 US$ | +2.1% |
| 1989 | 21.33 billion constant 2015 US$ | +1.1% |
| 1990 | 21.83 billion constant 2015 US$ | +2.3% |
| 1991 | 22.48 billion constant 2015 US$ | +3.0% |
| 1992 | 22.84 billion constant 2015 US$ | +1.6% |
| 1993 | 23.41 billion constant 2015 US$ | +2.5% |
| 1994 | 23.86 billion constant 2015 US$ | +1.9% |
| 1995 | 24.77 billion constant 2015 US$ | +3.8% |
| 1996 | 25.45 billion constant 2015 US$ | +2.7% |
| 1997 | 26.55 billion constant 2015 US$ | +4.3% |
| 1998 | 27.55 billion constant 2015 US$ | +3.8% |
| 1999 | 25.25 billion constant 2015 US$ | -8.3% |
| 2000 | 25.34 billion constant 2015 US$ | +0.4% |
| 2001 | 26.40 billion constant 2015 US$ | +4.1% |
| 2002 | 27.65 billion constant 2015 US$ | +4.8% |
| 2003 | 28.80 billion constant 2015 US$ | +4.2% |
| 2004 | 30.39 billion constant 2015 US$ | +5.5% |
| 2005 | 32.24 billion constant 2015 US$ | +6.1% |
| 2006 | 33.75 billion constant 2015 US$ | +4.7% |
| 2007 | 34.96 billion constant 2015 US$ | +3.6% |
| 2008 | 37.77 billion constant 2015 US$ | +8.0% |
| 2009 | 39.17 billion constant 2015 US$ | +3.7% |
| 2010 | 41.59 billion constant 2015 US$ | +6.2% |
| 2011 | 44.99 billion constant 2015 US$ | +8.2% |
| 2012 | 48.37 billion constant 2015 US$ | +7.5% |
| 2013 | 51.88 billion constant 2015 US$ | +7.3% |
| 2014 | 54.40 billion constant 2015 US$ | +4.9% |
| 2015 | 56.00 billion constant 2015 US$ | +2.9% |
| 2016 | 56.35 billion constant 2015 US$ | +0.6% |
| 2017 | 58.88 billion constant 2015 US$ | +4.5% |
| 2018 | 60.85 billion constant 2015 US$ | +3.3% |
| 2019 | 61.56 billion constant 2015 US$ | +1.2% |
| 2020 | 56.38 billion constant 2015 US$ | -8.4% |
| 2021 | 61.04 billion constant 2015 US$ | +8.3% |
| 2022 | 64.76 billion constant 2015 US$ | +6.1% |
| 2023 | 66.64 billion constant 2015 US$ | +2.9% |
| 2024 | 66.21 billion constant 2015 US$ | -0.6% |
| 2025 | 68.58 billion constant 2015 US$ | +3.6% |
Ecuador compared with similar countries
- Ecuador's 68.58 billion constant 2015 US$ is above the median for upper middle income countries, which is 26.58 billion constant 2015 US$, 2.6× the median. (58 countries reporting)
- Ecuador's 68.58 billion constant 2015 US$ is above the median for Latin America & Caribbean, which is 12.34 billion constant 2015 US$, 5.6× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.62 billion constant 2015 US$ | 5.58 billion constant 2015 US$ | 7.68 billion constant 2015 US$ | 10 |
| 1970s | 11.27 billion constant 2015 US$ | 8.23 billion constant 2015 US$ | 15.10 billion constant 2015 US$ | 10 |
| 1980s | 19.27 billion constant 2015 US$ | 16.23 billion constant 2015 US$ | 21.33 billion constant 2015 US$ | 10 |
| 1990s | 24.40 billion constant 2015 US$ | 21.83 billion constant 2015 US$ | 27.55 billion constant 2015 US$ | 10 |
| 2000s | 31.65 billion constant 2015 US$ | 25.34 billion constant 2015 US$ | 39.17 billion constant 2015 US$ | 10 |
| 2010s | 53.49 billion constant 2015 US$ | 41.59 billion constant 2015 US$ | 61.56 billion constant 2015 US$ | 10 |
| 2020s | 63.93 billion constant 2015 US$ | 56.38 billion constant 2015 US$ | 68.58 billion constant 2015 US$ | 6 |
Countries ranked near Ecuador
- 56 Kuwait 83.90 billion constant 2015 US$ compare
- 57 Uzbekistan 80.44 billion constant 2015 US$ compare
- 58 Morocco 78.45 billion constant 2015 US$ compare
- 60 Slovakia 67.86 billion constant 2015 US$ compare
- 61 Kenya 67.76 billion constant 2015 US$ compare
- 62 Dominican Republic 65.77 billion constant 2015 US$ 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)
- 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$), annual growth rate 41.84 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Ecuador?
- Services, value added in Ecuador was 68.58 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Ecuador?
- The highest recorded value was 68.58 billion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in Ecuador?
- The lowest recorded value was 5.58 billion constant 2015 US$ in 1960.
- How does Ecuador rank for services, value added?
- Ecuador ranks 59th out of 196 countries with data for 2025.
- Is services, value added rising or falling in Ecuador?
- Over the last ten years it is up 22.5%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.