Ecuador: Economic growth, quarterly

* indicates monthly or quarterly data series
 Ecuador

Economic growth, percent change in quarterly real GDP

 Latest value 1.18
 Reference Q1 2024
 Measure percent
 Data availability Q1 2001 - Q1 2024
 Average 3.66
 Min - Max -19.66 - 22.77
 Source National Institute of Statistics and Census of Ecuador
The latest data from Q1 2024 show economic growth of 1.18 percent, which is an increase from the rate of growth of -0.75 percent in the previous quarter and a decrease compared to the growth rate of 4.6 percent in the same quarter last year. The economic growth time series for Ecuador cover the period from Q1 2001 to Q1 2024. During that time span, the average growth rate for Ecuador was 3.66 percent. The lowest rate of growth of -19.66 percent was recorded in Q2 2020 while the highest growth rate was 22.77 percent in Q2 2021. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series


Recent values chart
Ecuador - Economic growth, quarterly  - recent values

Historical chart
Ecuador - Economic growth, quarterly  - historical chart - 2001-2024
Measure: percent
Source: National Institute of Statistics and Census of Ecuador


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Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.

 Related indicators Latest value Reference Measure
 Economic growth 2.95 2022 percent
 GDP, constant dollars 100.6 2022 billion U.S. dollars
 GDP, current U.S. dollars 115.05 2022 billion U.S. dollars
 GDP per capita, current dollars 6,391.28 2022 U.S. dollars
 GDP per capita, PPP 10,859 2022 U.S. dollars
 GDP per capita, constant dollars 5,590.54 2022 U.S. dollars
 Economic growth, quarterly 0.70 Q3/2023 percent
 Economic growth Q-on-Q -1.33 Q3/2023 percent
 Gross Domestic Product (GDP) 29.64 Q3/2023 billion
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