Current account balance (credit less debit), Percent of GDP in Ecuador
Ecuador: Current account balance (credit less debit), Percent of GDP was 3.08 in 2031. ◆ Volatile
Current account balance (credit less debit), Percent of GDP in Ecuador, 1980–2031
Source: International Monetary Fund.
Analysis
In 2031, current account balance (credit less debit), percent of gdp in Ecuador stood at 3.08.
Compared with earlier readings it is down 14.5% on the previous year and up 8.3% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp in Ecuador peaked at 6.35 in 2000 and was at its lowest, -9.61, in 1987.
That places Ecuador 6th out of 35 countries with data for 2031, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -3.98 | — |
| 1981 | -6.05 | +51.9% |
| 1982 | -7.18 | +18.6% |
| 1983 | -0.7943 | -88.9% |
| 1984 | -1.77 | +123.1% |
| 1985 | 0.4218 | -123.8% |
| 1986 | -4.4 | -1143.7% |
| 1987 | -9.61 | +118.3% |
| 1988 | -5.79 | -39.8% |
| 1989 | -6.2 | +7.1% |
| 1990 | -3.07 | -50.4% |
| 1991 | -5.39 | +75.3% |
| 1992 | -0.8492 | -84.2% |
| 1993 | -5.06 | +495.6% |
| 1994 | -4.44 | -12.2% |
| 1995 | -4.55 | +2.5% |
| 1996 | -0.2384 | -94.8% |
| 1997 | -1.77 | +641.2% |
| 1998 | -7.98 | +351.6% |
| 1999 | 4.86 | -160.9% |
| 2000 | 6.35 | +30.6% |
| 2001 | -2.38 | -137.6% |
| 2002 | -4.51 | +89.1% |
| 2003 | -1.25 | -72.3% |
| 2004 | -1.36 | +9.0% |
| 2005 | 1.18 | -186.4% |
| 2006 | 3.81 | +223.6% |
| 2007 | 3.78 | -0.6% |
| 2008 | 2.89 | -23.5% |
| 2009 | 0.5209 | -82.0% |
| 2010 | -2.32 | -545.7% |
| 2011 | -0.5066 | -78.2% |
| 2012 | -0.1669 | -67.1% |
| 2013 | -0.966 | +478.8% |
| 2014 | -0.651 | -32.6% |
| 2015 | -2.28 | +250.9% |
| 2016 | 0.9126 | -139.9% |
| 2017 | -0.3872 | -142.4% |
| 2018 | -1.53 | +295.9% |
| 2019 | -0.5065 | -67.0% |
| 2020 | 2.09 | -513.3% |
| 2021 | 2.84 | +35.6% |
| 2022 | 1.95 | -31.2% |
| 2023 | 1.99 | +1.9% |
| 2024 | 5.69 | +185.9% |
| 2025 | 5.83 | +2.4% |
| 2026 | 5.21 | -10.5% |
| 2027 | 4.55 | -12.6% |
| 2028 | 4.37 | -4.0% |
| 2029 | 4.04 | -7.5% |
| 2030 | 3.6 | -11.0% |
| 2031 | 3.08 | -14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -4.53 | -9.61 | 0.4218 | 10 |
| 1990s | -2.85 | -7.98 | 4.86 | 10 |
| 2000s | 0.903 | -4.51 | 6.35 | 10 |
| 2010s | -0.8411 | -2.32 | 0.9126 | 10 |
| 2020s | 3.86 | 1.95 | 5.83 | 10 |
| 2030s | 3.34 | 3.08 | 3.6 | 2 |
Countries ranked near Ecuador
- 3 Venezuela, Bolivarian Republic of 4.78 compare
- 4 Aruba 4.68 compare
- 5 Trinidad and Tobago 4.29 compare
- 7 Bolivia, Plurinational State of 1.24 compare
- 8 Jamaica 0.4585 compare
- 9 Canada -0.0225 compare
More financial sector data for Ecuador
- Net domestic credit (current LCU), per capita 4,540 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 0.6372 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.18 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 29.57 million SDR (2025)
- Gold reserves at market value 2.69 billion SDR (2025)
- Reserves excluding gold, foreign exchange 4.43 billion SDR (2025)
- Reserves excluding gold 4.46 billion SDR (2025)
- Total reserves (gold at market value) 7.15 billion SDR (2025)
- Total reserves (gold at national valuation) 7.15 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 391.17 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp in Ecuador?
- Current account balance (credit less debit), percent of gdp in Ecuador was 3.08 in 2031, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp recorded in Ecuador?
- The highest recorded value was 6.35 in 2000.
- What is the lowest current account balance (credit less debit), percent of gdp recorded in Ecuador?
- The lowest recorded value was -9.61 in 1987.
- How does Ecuador rank for current account balance (credit less debit), percent of gdp?
- Ecuador ranks 6th out of 35 countries with data for 2031.
- Is current account balance (credit less debit), percent of gdp rising or falling in Ecuador?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.