Value Added (Total Manufacturing) — Value Standard Local Currency in Ecuador

Ecuador: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0008 million SLC per person in 2023. ▲ Rising

Latest (2023)
0.0008 million SLC per person
Change on year
down 2.8%
World rank
168th
of 194 countries
All-time high
0.0009 million SLC per person
in 2017
All-time low
0.0001 million SLC per person
in 1971
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Ecuador, 1970–2023

000.0010.001197019962023

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

Ecuador recorded 0.0008 million SLC per person for value added (total manufacturing) — value standard local currency in 2023.

That represents a change of down 2.8% on the previous year and up 9.8% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Ecuador peaked at 0.0009 million SLC per person in 2017 and was at its lowest, 0.0001 million SLC per person, in 1971.

Ecuador ranks 168th of 194 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 54 years of available data.

Value Added (Total Manufacturing) — Value Standard Local Currency in Ecuador, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, per capita in Ecuador, 1970 to 2023.
Year million SLC per person Change
1970 0.0001 million SLC per person —
1971 0.0001 million SLC per person -6.6%
1972 0.0001 million SLC per person +6.0%
1973 0.0001 million SLC per person +1.4%
1974 0.0002 million SLC per person +63.0%
1975 0.0002 million SLC per person +13.7%
1976 0.0002 million SLC per person +17.0%
1977 0.0003 million SLC per person +26.2%
1978 0.0003 million SLC per person -0.3%
1979 0.0004 million SLC per person +20.4%
1980 0.0004 million SLC per person +9.5%
1981 0.0005 million SLC per person +19.5%
1982 0.0005 million SLC per person -5.3%
1983 0.0004 million SLC per person -17.5%
1984 0.0004 million SLC per person +12.0%
1985 0.0004 million SLC per person -2.5%
1986 0.0003 million SLC per person -17.7%
1987 0.0003 million SLC per person -9.5%
1988 0.0003 million SLC per person -7.3%
1989 0.0003 million SLC per person +6.5%
1990 0.0003 million SLC per person +10.8%
1991 0.0004 million SLC per person +14.6%
1992 0.0004 million SLC per person +13.2%
1993 0.0004 million SLC per person -10.5%
1994 0.0005 million SLC per person +19.7%
1995 0.0005 million SLC per person +1.5%
1996 0.0005 million SLC per person +0.6%
1997 0.0005 million SLC per person +0.1%
1998 0.0005 million SLC per person -4.5%
1999 0.0003 million SLC per person -25.3%
2000 0.0003 million SLC per person -2.8%
2001 0.0004 million SLC per person +10.6%
2002 0.0004 million SLC per person +6.2%
2003 0.0004 million SLC per person +3.2%
2004 0.0004 million SLC per person +2.7%
2005 0.0004 million SLC per person +3.9%
2006 0.0005 million SLC per person +6.5%
2007 0.0005 million SLC per person +7.8%
2008 0.0006 million SLC per person +17.0%
2009 0.0006 million SLC per person +1.0%
2010 0.0006 million SLC per person +4.6%
2011 0.0007 million SLC per person +9.2%
2012 0.0007 million SLC per person +7.2%
2013 0.0007 million SLC per person +5.5%
2014 0.0008 million SLC per person +12.3%
2015 0.0009 million SLC per person +1.6%
2016 0.0009 million SLC per person +1.0%
2017 0.0009 million SLC per person +0.6%
2018 0.0008 million SLC per person -3.0%
2019 0.0008 million SLC per person -6.6%
2020 0.0007 million SLC per person -10.1%
2021 0.0008 million SLC per person +13.0%
2022 0.0008 million SLC per person +6.0%
2023 0.0008 million SLC per person -2.8%

Ecuador compared with similar countries

  • Ecuador's 0.0008 million SLC per person is below the median for upper middle income countries, which is 0.0119 million SLC per person, 7% of the median. (54 countries reporting)
  • Ecuador's 0.0008 million SLC per person is below the median for Latin America & Caribbean, which is 0.0032 million SLC per person, 26% of the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0002 million SLC per person 0.0001 million SLC per person 0.0004 million SLC per person 10
1980s 0.0004 million SLC per person 0.0003 million SLC per person 0.0005 million SLC per person 10
1990s 0.0004 million SLC per person 0.0003 million SLC per person 0.0005 million SLC per person 10
2000s 0.0004 million SLC per person 0.0003 million SLC per person 0.0006 million SLC per person 10
2010s 0.0008 million SLC per person 0.0006 million SLC per person 0.0009 million SLC per person 10
2020s 0.0008 million SLC per person 0.0007 million SLC per person 0.0008 million SLC per person 4

Countries ranked near Ecuador

  1. 165 Belize 0.0009 million SLC per person compare
  2. 166 Panama 0.0009 million SLC per person compare
  3. 167 Libya 0.0008 million SLC per person compare
  4. 169 Gambia 0.0008 million SLC per person compare
  5. 170 Kuwait 0.0008 million SLC per person compare
  6. 171 Cayman Islands 0.0008 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for Ecuador

All data for Ecuador →

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 0.0008 million SLC per person 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 0.0009 million SLC per person in 2017.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Ecuador?
The lowest recorded value was 0.0001 million SLC per person in 1971.
How does Ecuador rank for value added (total manufacturing) — value standard local currency?
Ecuador ranks 168th out of 194 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 9.8%. The long-run trend across the full record is rising.
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, per capita. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Ecuador. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-per-capita/ecuador/

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How this figure is calculated

Value Added (Total Manufacturing) — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Value Added (Total Manufacturing) — Value Standard Local Currency ÷ Population, total

Computed from

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

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,747 data points, 1970–2023
Last refreshed

Value Added (Total Manufacturing) — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.