Value Added (Total Manufacturing) — Value Standard Local Currency in Ecuador
Ecuador: Value Added (Total Manufacturing) — Value Standard Local Currency was 14,792 million SLC in 2023. ◆ Volatile
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 14,792 million SLC.
Compared with earlier readings it is down 2.0% on the previous year and up 24.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Ecuador peaked at 15,092 million SLC in 2022 and was at its lowest, 663.91 million SLC, in 1971.
Ecuador ranks 140th of 215 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,500 million SLC | 663.91 million SLC | 2,935 million SLC | 10 |
| 1980s | 3,449 million SLC | 2,849 million SLC | 4,053 million SLC | 10 |
| 1990s | 4,873 million SLC | 3,517 million SLC | 5,738 million SLC | 10 |
| 2000s | 6,134 million SLC | 4,197 million SLC | 8,598 million SLC | 10 |
| 2010s | 12,640 million SLC | 9,143 million SLC | 14,554 million SLC | 10 |
| 2020s | 14,105 million SLC | 12,407 million SLC | 15,092 million SLC | 4 |
Countries ranked near Ecuador
More economy & growth data for Ecuador
- External balance on goods and services as a percent of gdp 3.52 (2025)
- Inflation of consumer prices 0.7105 (2025)
- Gdp per capita worldbank constant usd 6,165 (2025)
- Manufacturing value added to gdp 13.24 (2025)
- Gdp worldbank constant usd 112.75 billion (2025)
- Gdp per capita in international and market dollars 6,165 (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 7.01 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 7.01 billion current US$ (2025)
- Taxes less subsidies on products 9.98 billion current LCU (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 14,792 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 15,092 million SLC in 2022.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Ecuador?
- The lowest recorded value was 663.91 million SLC in 1971.
- How does Ecuador rank for value added (total manufacturing) — value standard local currency?
- Ecuador ranks 140th out of 215 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 24.9%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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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).