Ecuador GDP Annual Growth Rate: 0.3% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Ecuador is estimated to be $113 Billion US dollars at the end of 2024.

The economy of Ecuador has grown at an average annual growth rate of 4.7% in the last four years and is ranked the 10th largest economy in Americas, ahead of Guatemala.

World Economics Rates Ecuador's Offical GDP Data as Grade D

GDP Annual Growth Rate: Ecuador


Source: World Bank, World Economics
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Economic Indicators: Ecuador 2021 2022 2023 2024
GDP Annual Growth Rate (%) 9.8 6.2 2.4 0.3
GDP per Capita Annual Growth Rate (%) 9.0 5.3 1.5 -0.2
Real GDP (US$ Billions, 2010) 103 110 112 113
Real GDP per Capita (US$, 2010) 5,836 6,148 6,238 6,225
Current GDP (Billions, US$) 107 117 119 119
Current GDP per Capita (US$) 6,076 6,541 6,610 6,596
Real GDP PPP (Billions, 2017) 237 244 249 250
Real GDP per Capita PPP (int$ 2017) 10,615 10,782 10,943 10,798
Data Quality Rating for Ecuador See how much you can trust Ecuador's GDP Data




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