Value Added (Total Manufacturing) — Value Standard Local Currency in Ecuador
Ecuador: Value Added (Total Manufacturing) — Value Standard Local Currency was 15,749 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Ecuador, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Ecuador stood at 15,749 million SLC.
That represents a change of down 1.1% on the previous year and up 17.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Ecuador peaked at 15,929 million SLC in 2022 and was at its lowest, 2,806 million SLC, in 1970.
That places Ecuador 121st out of 191 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,848 million SLC | 2,806 million SLC | 5,170 million SLC | 10 |
| 1980s | 6,136 million SLC | 5,115 million SLC | 6,724 million SLC | 10 |
| 1990s | 8,104 million SLC | 7,317 million SLC | 8,957 million SLC | 10 |
| 2000s | 10,818 million SLC | 9,715 million SLC | 12,398 million SLC | 10 |
| 2010s | 13,547 million SLC | 11,780 million SLC | 14,636 million SLC | 10 |
| 2020s | 14,870 million SLC | 12,802 million SLC | 15,929 million SLC | 4 |
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)
- Taxes less subsidies on products (current LCU), annual growth rate 14.81 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0765 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 545.42 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, annual growth rate 3.73 % 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 15,749 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Ecuador?
- The highest recorded value was 15,929 million SLC in 2022.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Ecuador?
- The lowest recorded value was 2,806 million SLC in 1970.
- How does Ecuador rank for value added (total manufacturing) — value standard local currency?
- Ecuador ranks 121st out of 191 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 up 17.7%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).