GDP (current LCU) (UNESCO Institute) in Ecuador

Ecuador: GDP (current LCU) (UNESCO Institute) was 124.68 billion current LCU in 2024. ◆ Volatile

Latest (2024)
124.68 billion current LCU
Change on year
up 2.9%
World rank
146th
of 211 countries
All-time high
124.68 billion current LCU
in 2024
All-time low
2.75 billion current LCU
in 1971
Years of data
55
1970–2024

GDP in Ecuador, 1970–2024

025.0B50.0B75.0B100.0B125.0B197019972024

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

Ecuador recorded 124.68 billion current LCU for gdp in 2024. That is the highest value across all 55 years on record.

That represents a change of up 2.9% on the previous year and up 21.4% over ten years.

Over the whole period, gdp in Ecuador peaked at 124.68 billion current LCU in 2024 and was at its lowest, 2.75 billion current LCU, in 1971.

Ecuador ranks 146th of 211 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.

GDP (current LCU) (UNESCO Institute) in Ecuador, year by year

Annual values for GDP (current LCU) in Ecuador, 1970 to 2024.
Year current LCU Change
1970 2.86 billion current LCU —
1971 2.75 billion current LCU -3.8%
1972 3.18 billion current LCU +15.7%
1973 3.89 billion current LCU +22.2%
1974 6.60 billion current LCU +69.6%
1975 7.73 billion current LCU +17.2%
1976 9.09 billion current LCU +17.6%
1977 11.02 billion current LCU +21.3%
1978 11.92 billion current LCU +8.1%
1979 14.17 billion current LCU +18.9%
1980 17.87 billion current LCU +26.1%
1981 21.80 billion current LCU +22.0%
1982 19.92 billion current LCU -8.6%
1983 17.14 billion current LCU -13.9%
1984 16.90 billion current LCU -1.4%
1985 17.14 billion current LCU +1.4%
1986 15.31 billion current LCU -10.7%
1987 13.94 billion current LCU -8.9%
1988 13.05 billion current LCU -6.4%
1989 13.88 billion current LCU +6.4%
1990 15.23 billion current LCU +9.7%
1991 16.98 billion current LCU +11.5%
1992 18.09 billion current LCU +6.5%
1993 18.93 billion current LCU +4.7%
1994 22.70 billion current LCU +19.9%
1995 24.42 billion current LCU +7.6%
1996 25.21 billion current LCU +3.2%
1997 28.15 billion current LCU +11.6%
1998 27.97 billion current LCU -0.6%
1999 19.64 billion current LCU -29.8%
2000 17.53 billion current LCU -10.7%
2001 23.13 billion current LCU +31.9%
2002 27.05 billion current LCU +17.0%
2003 30.97 billion current LCU +14.5%
2004 35.19 billion current LCU +13.7%
2005 40.28 billion current LCU +14.4%
2006 45.69 billion current LCU +13.4%
2007 49.85 billion current LCU +9.1%
2008 61.14 billion current LCU +22.6%
2009 60.09 billion current LCU -1.7%
2010 68.15 billion current LCU +13.4%
2011 78.99 billion current LCU +15.9%
2012 87.74 billion current LCU +11.1%
2013 96.57 billion current LCU +10.1%
2014 102.72 billion current LCU +6.4%
2015 97.21 billion current LCU -5.4%
2016 97.67 billion current LCU +0.5%
2017 104.47 billion current LCU +7.0%
2018 107.48 billion current LCU +2.9%
2019 107.60 billion current LCU +0.1%
2020 95.87 billion current LCU -10.9%
2021 107.18 billion current LCU +11.8%
2022 116.13 billion current LCU +8.4%
2023 121.15 billion current LCU +4.3%
2024 124.68 billion current LCU +2.9%

Ecuador compared with similar countries

  • Ecuador's 124.68 billion current LCU is below the median for upper middle income countries, which is 913.58 billion current LCU, 14% of the median. (58 countries reporting)
  • Ecuador's 124.68 billion current LCU is below the median for Latin America & Caribbean, which is 167.40 billion current LCU, 74% of the median. (40 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 7.32 billion current LCU 2.75 billion current LCU 14.17 billion current LCU 10
1980s 16.70 billion current LCU 13.05 billion current LCU 21.80 billion current LCU 10
1990s 21.73 billion current LCU 15.23 billion current LCU 28.15 billion current LCU 10
2000s 39.09 billion current LCU 17.53 billion current LCU 61.14 billion current LCU 10
2010s 94.86 billion current LCU 68.15 billion current LCU 107.60 billion current LCU 10
2020s 113.00 billion current LCU 95.87 billion current LCU 124.68 billion current LCU 5

Countries ranked near Ecuador

  1. 143 Slovakia 130.99 billion current LCU compare
  2. 144 Azerbaijan 126.34 billion current LCU compare
  3. 145 Puerto Rico 125.84 billion current LCU compare
  4. 147 Papua New Guinea 124.30 billion current LCU compare
  5. 148 Maldives 107.34 billion current LCU compare
  6. 149 Georgia 91.89 billion current LCU compare

See the full ranking of 211 places →

More population data for Ecuador

All data for Ecuador →

Frequently asked questions

What is gdp in Ecuador?
Gdp in Ecuador was 124.68 billion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Ecuador?
The highest recorded value was 124.68 billion current LCU in 2024.
What is the lowest gdp recorded in Ecuador?
The lowest recorded value was 2.75 billion current LCU in 1971.
How does Ecuador rank for gdp?
Ecuador ranks 146th out of 211 countries with data for 2024.
Is gdp rising or falling in Ecuador?
Over the last ten years it is up 21.4%. The long-run trend across the full record is volatile.
Where does this Ecuador data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.

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GDP in Ecuador. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/ecuador/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release