GDP at market prices (constant 2010 US$) in Ecuador
Ecuador: GDP at market prices (constant 2010 US$) was 108.80 billion constant 2010 US$ in 2024. ▲ Rising
Latest (2024)
108.80 billion constant 2010 US$
Change on year
down 2.0%
World rank
61st
of 208 countries
All-time high
111.02 billion constant 2010 US$
in 2023
All-time low
16.30 billion constant 2010 US$
in 1970
Years of data
55
1970–2024
GDP at market prices in Ecuador, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
The most recent figure for gdp at market prices in Ecuador is 108.80 billion constant 2010 US$, measured in 2024.
That represents a change of down 2.0% on the previous year and up 12.1% over ten years.
Over the whole period, gdp at market prices in Ecuador peaked at 111.02 billion constant 2010 US$ in 2023 and was at its lowest, 16.30 billion constant 2010 US$, in 1970.
Ecuador ranks 61st of 208 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP at market prices (constant 2010 US$) in Ecuador, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1970 | 16.30 billion constant 2010 US$ | — |
| 1971 | 17.33 billion constant 2010 US$ | +6.3% |
| 1972 | 18.20 billion constant 2010 US$ | +5.0% |
| 1973 | 20.74 billion constant 2010 US$ | +14.0% |
| 1974 | 23.06 billion constant 2010 US$ | +11.2% |
| 1975 | 25.59 billion constant 2010 US$ | +11.0% |
| 1976 | 27.49 billion constant 2010 US$ | +7.4% |
| 1977 | 27.93 billion constant 2010 US$ | +1.6% |
| 1978 | 29.52 billion constant 2010 US$ | +5.7% |
| 1979 | 30.62 billion constant 2010 US$ | +3.7% |
| 1980 | 31.76 billion constant 2010 US$ | +3.7% |
| 1981 | 33.54 billion constant 2010 US$ | +5.6% |
| 1982 | 33.75 billion constant 2010 US$ | +0.6% |
| 1983 | 33.63 billion constant 2010 US$ | -0.3% |
| 1984 | 34.52 billion constant 2010 US$ | +2.6% |
| 1985 | 35.87 billion constant 2010 US$ | +3.9% |
| 1986 | 37.12 billion constant 2010 US$ | +3.5% |
| 1987 | 37.02 billion constant 2010 US$ | -0.3% |
| 1988 | 39.20 billion constant 2010 US$ | +5.9% |
| 1989 | 39.60 billion constant 2010 US$ | +1.0% |
| 1990 | 41.05 billion constant 2010 US$ | +3.7% |
| 1991 | 42.82 billion constant 2010 US$ | +4.3% |
| 1992 | 43.72 billion constant 2010 US$ | +2.1% |
| 1993 | 44.58 billion constant 2010 US$ | +2.0% |
| 1994 | 46.48 billion constant 2010 US$ | +4.3% |
| 1995 | 47.53 billion constant 2010 US$ | +2.3% |
| 1996 | 48.35 billion constant 2010 US$ | +1.7% |
| 1997 | 50.44 billion constant 2010 US$ | +4.3% |
| 1998 | 52.09 billion constant 2010 US$ | +3.3% |
| 1999 | 49.62 billion constant 2010 US$ | -4.7% |
| 2000 | 50.17 billion constant 2010 US$ | +1.1% |
| 2001 | 52.28 billion constant 2010 US$ | +4.2% |
| 2002 | 54.85 billion constant 2010 US$ | +4.9% |
| 2003 | 56.43 billion constant 2010 US$ | +2.9% |
| 2004 | 60.29 billion constant 2010 US$ | +6.8% |
| 2005 | 63.54 billion constant 2010 US$ | +5.4% |
| 2006 | 66.30 billion constant 2010 US$ | +4.3% |
| 2007 | 67.56 billion constant 2010 US$ | +1.9% |
| 2008 | 72.00 billion constant 2010 US$ | +6.6% |
| 2009 | 72.79 billion constant 2010 US$ | +1.1% |
| 2010 | 75.72 billion constant 2010 US$ | +4.0% |
| 2011 | 82.14 billion constant 2010 US$ | +8.5% |
| 2012 | 86.89 billion constant 2010 US$ | +5.8% |
| 2013 | 93.16 billion constant 2010 US$ | +7.2% |
| 2014 | 97.09 billion constant 2010 US$ | +4.2% |
| 2015 | 97.21 billion constant 2010 US$ | +0.1% |
| 2016 | 96.54 billion constant 2010 US$ | -0.7% |
| 2017 | 102.31 billion constant 2010 US$ | +6.0% |
| 2018 | 103.37 billion constant 2010 US$ | +1.0% |
| 2019 | 103.54 billion constant 2010 US$ | +0.2% |
| 2020 | 93.97 billion constant 2010 US$ | -9.2% |
| 2021 | 102.83 billion constant 2010 US$ | +9.4% |
| 2022 | 108.86 billion constant 2010 US$ | +5.9% |
| 2023 | 111.02 billion constant 2010 US$ | +2.0% |
| 2024 | 108.80 billion constant 2010 US$ | -2.0% |
Ecuador compared with similar countries
- Ecuador's 108.80 billion constant 2010 US$ is above the median for upper middle income countries, which is 46.21 billion constant 2010 US$, 2.4× the median. (58 countries reporting)
- Ecuador's 108.80 billion constant 2010 US$ is above the median for Latin America & Caribbean, which is 22.14 billion constant 2010 US$, 4.9× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.68 billion constant 2010 US$ | 16.30 billion constant 2010 US$ | 30.62 billion constant 2010 US$ | 10 |
| 1980s | 35.60 billion constant 2010 US$ | 31.76 billion constant 2010 US$ | 39.60 billion constant 2010 US$ | 10 |
| 1990s | 46.67 billion constant 2010 US$ | 41.05 billion constant 2010 US$ | 52.09 billion constant 2010 US$ | 10 |
| 2000s | 61.62 billion constant 2010 US$ | 50.17 billion constant 2010 US$ | 72.79 billion constant 2010 US$ | 10 |
| 2010s | 93.80 billion constant 2010 US$ | 75.72 billion constant 2010 US$ | 103.54 billion constant 2010 US$ | 10 |
| 2020s | 105.10 billion constant 2010 US$ | 93.97 billion constant 2010 US$ | 111.02 billion constant 2010 US$ | 5 |
Countries ranked near Ecuador
- 58 Morocco 134.54 billion constant 2010 US$ compare
- 59 Ethiopia 121.01 billion constant 2010 US$ compare
- 60 Kuwait 116.89 billion constant 2010 US$ compare
- 62 Slovakia 107.34 billion constant 2010 US$ compare
- 63 Dominican Republic 104.77 billion constant 2010 US$ compare
- 64 Kenya 104.58 billion constant 2010 US$ compare
More population data for Ecuador
- Population regions with projections, annual growth rate -0.5775 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -4.47 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.5775 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.4058 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 22,270 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.9392 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6473 % change on previous year (2100)
- Population growth rate -0.582 (2100)
- Population density 76.87 (2100)
- Projected population under age 5 792,284 (2100)
Frequently asked questions
- What is gdp at market prices in Ecuador?
- Gdp at market prices in Ecuador was 108.80 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Ecuador?
- The highest recorded value was 111.02 billion constant 2010 US$ in 2023.
- What is the lowest gdp at market prices recorded in Ecuador?
- The lowest recorded value was 16.30 billion constant 2010 US$ in 1970.
- How does Ecuador rank for gdp at market prices?
- Ecuador ranks 61st out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Ecuador?
- Over the last ten years it is up 12.1%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release