Ecuador: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is -0.16 percent as of Q3 2024, an increase compared to the previous value of -1.1 percent. Historically, the average for Ecuador from Q2 2000 to Q3 2024 is 0.86 percent. The minimum of -15.73 percent was recorded in Q2 2020, while the maximum of 8.35 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of Ecuador
| Recent values | Ecuador: Economic growth, quarterly |
|---|---|
| 2024 Q3 | -0.16 |
| 2024 Q2 | -1.1 |
| 2024 Q1 | -0.67 |
| 2023 Q4 | 0.39 |
| 2023 Q3 | -2.65 |
| 2023 Q2 | 1.97 |
| 2023 Q1 | 1.03 |
| 2022 Q4 | -0.37 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 2.36 | 2023 | percent |
| GDP, constant dollars | 112.2 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 118.84 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 6,609.80 | 2023 | U.S. dollars |
| GDP per capita, PPP | 14,472 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 6,166.00 | 2023 | U.S. dollars |
| Economic growth, quarterly | -1.54 | Q3/2024 | percent |
| Economic growth Q-on-Q | -0.16 | Q3/2024 | percent |
| Gross Domestic Product (GDP) | 30.75 | Q3/2024 | billion |