GDP (current US$) (UNESCO Institute) in Ecuador
Ecuador: GDP (current US$) (UNESCO Institute) was 124.68 billion current US$ in 2024. ◆ Volatile
Latest (2024)
124.68 billion current US$
Change on year
up 2.9%
World rank
64th
of 211 countries
All-time high
124.68 billion current US$
in 2024
All-time low
2.75 billion current US$
in 1971
Years of data
55
1970–2024
GDP in Ecuador, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
Ecuador recorded 124.68 billion current US$ for gdp in 2024. That is the highest value across all 55 years on record.
The figure is 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 US$ in 2024 and was at its lowest, 2.75 billion current US$, in 1971.
That places Ecuador 64th out of 211 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (UNESCO Institute) in Ecuador, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2.86 billion current US$ | — |
| 1971 | 2.75 billion current US$ | -3.8% |
| 1972 | 3.19 billion current US$ | +15.7% |
| 1973 | 3.89 billion current US$ | +22.2% |
| 1974 | 6.60 billion current US$ | +69.6% |
| 1975 | 7.73 billion current US$ | +17.2% |
| 1976 | 9.09 billion current US$ | +17.6% |
| 1977 | 11.03 billion current US$ | +21.3% |
| 1978 | 11.92 billion current US$ | +8.1% |
| 1979 | 14.18 billion current US$ | +18.9% |
| 1980 | 17.88 billion current US$ | +26.1% |
| 1981 | 21.81 billion current US$ | +22.0% |
| 1982 | 19.93 billion current US$ | -8.6% |
| 1983 | 17.15 billion current US$ | -13.9% |
| 1984 | 16.91 billion current US$ | -1.4% |
| 1985 | 17.15 billion current US$ | +1.4% |
| 1986 | 15.31 billion current US$ | -10.7% |
| 1987 | 13.95 billion current US$ | -8.9% |
| 1988 | 13.05 billion current US$ | -6.4% |
| 1989 | 13.89 billion current US$ | +6.4% |
| 1990 | 15.24 billion current US$ | +9.7% |
| 1991 | 16.99 billion current US$ | +11.5% |
| 1992 | 18.09 billion current US$ | +6.5% |
| 1993 | 18.94 billion current US$ | +4.7% |
| 1994 | 22.71 billion current US$ | +19.9% |
| 1995 | 24.43 billion current US$ | +7.6% |
| 1996 | 25.23 billion current US$ | +3.2% |
| 1997 | 28.16 billion current US$ | +11.6% |
| 1998 | 27.98 billion current US$ | -0.6% |
| 1999 | 19.65 billion current US$ | -29.8% |
| 2000 | 17.54 billion current US$ | -10.7% |
| 2001 | 23.13 billion current US$ | +31.9% |
| 2002 | 27.05 billion current US$ | +17.0% |
| 2003 | 30.97 billion current US$ | +14.5% |
| 2004 | 35.19 billion current US$ | +13.7% |
| 2005 | 40.28 billion current US$ | +14.4% |
| 2006 | 45.69 billion current US$ | +13.4% |
| 2007 | 49.85 billion current US$ | +9.1% |
| 2008 | 61.14 billion current US$ | +22.6% |
| 2009 | 60.09 billion current US$ | -1.7% |
| 2010 | 68.15 billion current US$ | +13.4% |
| 2011 | 78.99 billion current US$ | +15.9% |
| 2012 | 87.74 billion current US$ | +11.1% |
| 2013 | 96.57 billion current US$ | +10.1% |
| 2014 | 102.72 billion current US$ | +6.4% |
| 2015 | 97.21 billion current US$ | -5.4% |
| 2016 | 97.67 billion current US$ | +0.5% |
| 2017 | 104.47 billion current US$ | +7.0% |
| 2018 | 107.48 billion current US$ | +2.9% |
| 2019 | 107.60 billion current US$ | +0.1% |
| 2020 | 95.87 billion current US$ | -10.9% |
| 2021 | 107.18 billion current US$ | +11.8% |
| 2022 | 116.13 billion current US$ | +8.4% |
| 2023 | 121.15 billion current US$ | +4.3% |
| 2024 | 124.68 billion current US$ | +2.9% |
Ecuador compared with similar countries
- Ecuador's 124.68 billion current US$ is above the median for upper middle income countries, which is 45.55 billion current US$, 2.7× the median. (58 countries reporting)
- Ecuador's 124.68 billion current US$ is above the median for Latin America & Caribbean, which is 25.83 billion current US$, 4.8× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.32 billion current US$ | 2.75 billion current US$ | 14.18 billion current US$ | 10 |
| 1980s | 16.70 billion current US$ | 13.05 billion current US$ | 21.81 billion current US$ | 10 |
| 1990s | 21.74 billion current US$ | 15.24 billion current US$ | 28.16 billion current US$ | 10 |
| 2000s | 39.09 billion current US$ | 17.54 billion current US$ | 61.14 billion current US$ | 10 |
| 2010s | 94.86 billion current US$ | 68.15 billion current US$ | 107.60 billion current US$ | 10 |
| 2020s | 113.00 billion current US$ | 95.87 billion current US$ | 124.68 billion current US$ | 5 |
Countries ranked near Ecuador
- 61 Slovakia 141.78 billion current US$ compare
- 62 Ethiopia 126.77 billion current US$ compare
- 63 Puerto Rico 125.84 billion current US$ compare
- 65 Kenya 124.50 billion current US$ compare
- 66 Dominican Republic 124.28 billion current US$ compare
- 67 Uzbekistan 114.97 billion current 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 in Ecuador?
- Gdp in Ecuador was 124.68 billion current US$ 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 US$ in 2024.
- What is the lowest gdp recorded in Ecuador?
- The lowest recorded value was 2.75 billion current US$ in 1971.
- How does Ecuador rank for gdp?
- Ecuador ranks 64th 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 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release