Ecuador GDPEcuador GDPEcuador GDP

Ecuador GDP

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Key data points

Last release
Observation period
2022
Next release
Forecast
Highest
‪115.05 B‬USD on Dec 31, 2022
Lowest
‪1.52 B‬USD on Dec 31, 1962

About Ecuador GDP

Category
GDP
Frequency
Annual
Units
USD
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.

Frequently Asked Questions

One of the ways to count Ecuador GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2022 Ecuador GDP was 115.05 B USD, and the previous year it amounted to 106.17 B USD.
Ecuador GDP accounts for 0.11% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2022 Ecuador GDP Per Capita was ‪5.59 K‬ USD, and in 2021 it amounted to ‪5.49 K‬ USD.
Last quarter Ecuador Real GDP amounted to ‪28.54 B‬ USD, the quarter before that it was ‪29.24 B‬ USD.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Ecuador GDP has ever reached is 115.05 B USD.
The lowest ever value Ecuador GDP has reached is 1.52 B USD.