Total Expenditure (central government) — Value Standard Local Currency in Ecuador
Ecuador: Total Expenditure (central government) — Value Standard Local Currency was 27,558 million SLC in 2024. ◆ Volatile
Total Expenditure (central government) — Value Standard Local Currency in Ecuador, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total expenditure (central government) — value standard local currency in Ecuador is 27,558 million SLC, measured in 2024.
Compared with earlier readings it is up 1.9% on the previous year and down 20.2% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Ecuador peaked at 34,550 million SLC in 2014 and was at its lowest, 4,348 million SLC, in 2002.
Ecuador ranks 128th of 174 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.
Total Expenditure (central government) — Value Standard Local Currency in Ecuador, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 4,499 million SLC | — |
| 2002 | 4,348 million SLC | -3.4% |
| 2003 | 4,917 million SLC | +13.1% |
| 2004 | 5,479 million SLC | +11.4% |
| 2005 | 5,936 million SLC | +8.3% |
| 2006 | 6,697 million SLC | +12.8% |
| 2007 | 8,160 million SLC | +21.8% |
| 2008 | 13,096 million SLC | +60.5% |
| 2009 | 14,688 million SLC | +12.2% |
| 2010 | 15,957 million SLC | +8.6% |
| 2011 | 18,338 million SLC | +14.9% |
| 2012 | 21,240 million SLC | +15.8% |
| 2013 | 33,507 million SLC | +57.8% |
| 2014 | 34,550 million SLC | +3.1% |
| 2015 | 30,609 million SLC | -11.4% |
| 2016 | 29,490 million SLC | -3.7% |
| 2017 | 29,048 million SLC | -1.5% |
| 2018 | 30,492 million SLC | +5.0% |
| 2019 | 30,820 million SLC | +1.1% |
| 2020 | 27,491 million SLC | -10.8% |
| 2021 | 29,323 million SLC | +6.7% |
| 2022 | 30,070 million SLC | +2.6% |
| 2023 | 27,049 million SLC | -10.0% |
| 2024 | 27,558 million SLC | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,536 million SLC | 4,348 million SLC | 14,688 million SLC | 9 |
| 2010s | 27,405 million SLC | 15,957 million SLC | 34,550 million SLC | 10 |
| 2020s | 28,298 million SLC | 27,049 million SLC | 30,070 million SLC | 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)
- GDP (constant 2015 US$), annual growth rate 3.73 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8652 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,165 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3.73 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.8995 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 6,409 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 11.66 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2446 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Ecuador?
- Total expenditure (central government) — value standard local currency in Ecuador was 27,558 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Ecuador?
- The highest recorded value was 34,550 million SLC in 2014.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Ecuador?
- The lowest recorded value was 4,348 million SLC in 2002.
- How does Ecuador rank for total expenditure (central government) — value standard local currency?
- Ecuador ranks 128th out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Ecuador?
- Over the last ten years it is down 20.2%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.