GDP growth in Ecuador
Ecuador: GDP growth was -2.0% in 2024. β Volatile
Latest (2024)
-2.0%
Change on year
down 200.7%
World rank
200th
of 209 countries
All-time high
14.0%
in 1973
All-time low
-9.2%
in 2020
Years of data
55
1970β2024
GDP growth in Ecuador, 1970β2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
Ecuador recorded -2.0% for gdp growth in 2024.
The figure is down 200.7% on the previous year and down 147.4% over ten years.
Over the whole period, gdp growth in Ecuador peaked at 14.0% in 1973 and was at its lowest, -9.2%, in 2020.
That places Ecuador 200th out of 209 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.3% | 1.6% | 14.0% | 10 |
| 1980s | 2.6% | -0.3% | 5.9% | 10 |
| 1990s | 2.3% | -4.7% | 4.3% | 10 |
| 2000s | 3.9% | 1.1% | 6.8% | 10 |
| 2010s | 3.6% | -0.7% | 8.5% | 10 |
| 2020s | 1.2% | -9.2% | 9.4% | 5 |
Countries ranked near Ecuador
More population data for Ecuador
- Population growth rate by level of development -0.582 (2100)
- Projected population under age 5 792,284 (2100)
- Population density 76.87 (2100)
- Population growth rate -0.582 (2100)
- Fertility and wanted fertility 1.81 (2024)
- Refugee population by country or territory of asylum 23,218 (2024)
- Fertility vs unmet contraception 1.81 (2024)
- Fertility vs contraception 1.81 (2024)
- Natural population growth 0.9905 (2023)
- Fertility rate with projections 1.82 (2023)
Frequently asked questions
- What is gdp growth in Ecuador?
- Gdp growth in Ecuador was -2.0% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Ecuador?
- The highest recorded value was 14.0% in 1973.
- What is the lowest gdp growth recorded in Ecuador?
- The lowest recorded value was -9.2% in 2020.
- How does Ecuador rank for gdp growth?
- Ecuador ranks 200th out of 209 countries with data for 2024.
- Is gdp growth rising or falling in Ecuador?
- Over the last ten years it is down 147.4%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release