Value Added (Total Manufacturing) — Value Standard Local Currency in Ecuador
Ecuador: Value Added (Total Manufacturing) — Value Standard Local Currency was -1.13 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Ecuador, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Ecuador stood at -1.13 % change on previous year.
Compared with earlier readings it is down 118.3% on the previous year and down 129.4% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Ecuador peaked at 27.08 % change on previous year in 1975 and was at its lowest, -10.57 % change on previous year, in 2020.
That places Ecuador 156th out of 223 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Ecuador, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.66 % change on previous year | — |
| 1972 | 1.27 % change on previous year | -52.4% |
| 1973 | 2.01 % change on previous year | +58.1% |
| 1974 | 12.54 % change on previous year | +525.2% |
| 1975 | 27.08 % change on previous year | +115.9% |
| 1976 | 8.45 % change on previous year | -68.8% |
| 1977 | -4.64 % change on previous year | -154.9% |
| 1978 | 16.08 % change on previous year | -446.8% |
| 1979 | 1.19 % change on previous year | -92.6% |
| 1980 | -1.06 % change on previous year | -189.4% |
| 1981 | 14.26 % change on previous year | -1442.5% |
| 1982 | 0.2397 % change on previous year | -98.3% |
| 1983 | 2.32 % change on previous year | +867.7% |
| 1984 | 0.6507 % change on previous year | -71.9% |
| 1985 | 3.03 % change on previous year | +366.2% |
| 1986 | 2.26 % change on previous year | -25.3% |
| 1987 | 5.76 % change on previous year | +154.5% |
| 1988 | -2.22 % change on previous year | -138.5% |
| 1989 | 1.05 % change on previous year | -147.1% |
| 1990 | 10.13 % change on previous year | +867.9% |
| 1991 | 2.13 % change on previous year | -79.0% |
| 1992 | 1.43 % change on previous year | -33.0% |
| 1993 | 4.14 % change on previous year | +190.3% |
| 1994 | 6.57 % change on previous year | +58.7% |
| 1995 | -4.04 % change on previous year | -161.4% |
| 1996 | 7.79 % change on previous year | -293.0% |
| 1997 | -3.07 % change on previous year | -139.4% |
| 1998 | 6.2 % change on previous year | -302.2% |
| 1999 | -8.41 % change on previous year | -235.7% |
| 2000 | 18.43 % change on previous year | -319.1% |
| 2001 | 1.3 % change on previous year | -92.9% |
| 2002 | 1.61 % change on previous year | +23.5% |
| 2003 | -0.5824 % change on previous year | -136.2% |
| 2004 | 4.59 % change on previous year | -888.3% |
| 2005 | 3.9 % change on previous year | -15.1% |
| 2006 | 3.82 % change on previous year | -1.9% |
| 2007 | 2.58 % change on previous year | -32.6% |
| 2008 | 7.76 % change on previous year | +201.1% |
| 2009 | -0.2879 % change on previous year | -103.7% |
| 2010 | -4.72 % change on previous year | +1537.8% |
| 2011 | 5.64 % change on previous year | -219.6% |
| 2012 | 3.56 % change on previous year | -36.8% |
| 2013 | 3.85 % change on previous year | +7.9% |
| 2014 | 2.72 % change on previous year | -29.3% |
| 2015 | 1.12 % change on previous year | -58.9% |
| 2016 | -0.2827 % change on previous year | -125.3% |
| 2017 | 4.7 % change on previous year | -1761.7% |
| 2018 | 0.8531 % change on previous year | -81.8% |
| 2019 | -2.2 % change on previous year | -357.7% |
| 2020 | -10.57 % change on previous year | +380.9% |
| 2021 | 17.18 % change on previous year | -262.6% |
| 2022 | 6.18 % change on previous year | -64.0% |
| 2023 | -1.13 % change on previous year | -118.3% |
Ecuador compared with similar countries
- Ecuador's -1.13 % change on previous year is below the median for upper middle income countries, which is 0.5996 % change on previous year. (54 countries reporting)
- Ecuador's -1.13 % change on previous year is below the median for Latin America & Caribbean, which is -0.0035 % change on previous year, 324.8× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Ecuador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +1761.7% | -0.2827 % change on previous year | 4.7 % change on previous year |
| 2010 | -1537.8% | -0.2879 % change on previous year | -4.72 % change on previous year |
| 1981 | +1442.5% | -1.06 % change on previous year | 14.26 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.4 % change on previous year | -4.64 % change on previous year | 27.08 % change on previous year | 9 |
| 1980s | 2.63 % change on previous year | -2.22 % change on previous year | 14.26 % change on previous year | 10 |
| 1990s | 2.29 % change on previous year | -8.41 % change on previous year | 10.13 % change on previous year | 10 |
| 2000s | 4.31 % change on previous year | -0.5824 % change on previous year | 18.43 % change on previous year | 10 |
| 2010s | 1.52 % change on previous year | -4.72 % change on previous year | 5.64 % change on previous year | 10 |
| 2020s | 2.92 % change on previous year | -10.57 % change on previous year | 17.18 % change on previous year | 4 |
Countries ranked near Ecuador
- 153 Croatia -0.962 % change on previous year compare
- 154 Italy -1.04 % change on previous year compare
- 155 Dominican Republic -1.07 % change on previous year compare
- 157 Marshall Islands -1.25 % change on previous year compare
- 158 Brazil -1.27 % change on previous year compare
- 159 Uruguay -1.56 % change on previous year 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 value added (total manufacturing) — value standard local currency in Ecuador?
- Value added (total manufacturing) — value standard local currency in Ecuador was -1.13 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Ecuador?
- The highest recorded value was 27.08 % change on previous year in 1975.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Ecuador?
- The lowest recorded value was -10.57 % change on previous year in 2020.
- How does Ecuador rank for value added (total manufacturing) — value standard local currency?
- Ecuador ranks 156th out of 223 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Ecuador?
- Over the last ten years it is down 129.4%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.