Gross Domestic Product

Nominal GDP
124,676mill

2024

2023: 121,147.06
Real GDP growth
-2.00%

2024

2023: 1.99
Quarterly GDP, YoY growth
-0.93%

2024.Q4

2023.Q4: 0.68
BCE growth forecast for 2025
2.81%

as of April 2025

IMF (abr/24): 0.1%
Annual GDP

Units: Millions current USD and real GDP growth rate

Frequency: Annual

Source: Central Bank of Ecuador - Quarterly National Accounts. BCE forecast in dashed lines.
Quarterly GDP

Units: Millions current USD and real GDP growth rate

Frequency: Quarterly

Source: Central Bank of Ecuador - Quarterly National Accounts.
Contributions to growth

Units: Percentage points of YoY GDP growth

Frequency: Quarterly

Source: Central Bank of Ecuador - Quarterly National Accounts.
Household final consumption expenditure

Units: Millions current USD and real growth rate

Frequency: Quarterly

Source: Central Bank of Ecuador - Quarterly National Accounts.

Gross Value Added

Top contributors to GDP growth by sector

Units: Percentage points of YoY GDP growth

Frequency: Quarterly

Source: Central Bank of Ecuador - Quarterly National Accounts.
Fastest growing sectors

Units: YoY percent variation

Frequency: Quarterly

Source: Central Bank of Ecuador - Quarterly National Accounts.
Sectors with the most negative growth

Units: YoY percent variation

Frequency: Quarterly

Source: Central Bank of Ecuador - Quarterly National Accounts.