Imports of goods and services, Volume, Cost insurance freight (CIF) in Ecuador
Ecuador: Imports of goods and services, Volume, Cost insurance freight (CIF) was 8.39 in 2031. ◆ Volatile
Imports of goods and services, Volume, Cost insurance freight (CIF) in Ecuador, 1980–2031
Source: International Monetary Fund.
Analysis
Ecuador recorded 8.39 for imports of goods and services, volume, cost insurance freight (cif) in 2031.
The figure is down 9.2% on the previous year and down 57.8% over ten years.
Over the whole period, imports of goods and services, volume, cost insurance freight (cif) in Ecuador peaked at 25.72 in 2001 and was at its lowest, -33.12, in 1983.
Ecuador ranks 1st of 26 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services, Volume, Cost insurance freight (CIF) in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -1.06 | — |
| 1981 | 5.24 | -594.2% |
| 1982 | -4.99 | -195.1% |
| 1983 | -33.12 | +564.1% |
| 1984 | 9.19 | -127.8% |
| 1985 | 5.86 | -36.3% |
| 1986 | -7.48 | -227.8% |
| 1987 | 9.72 | -229.9% |
| 1988 | -23.13 | -338.0% |
| 1989 | 3.39 | -114.7% |
| 1990 | -0.8393 | -124.8% |
| 1991 | 16 | -2006.4% |
| 1992 | 1 | -93.8% |
| 1993 | 0.8 | -20.0% |
| 1994 | 14.64 | +1729.5% |
| 1995 | 7.95 | -45.7% |
| 1996 | -12.6 | -258.5% |
| 1997 | 20.51 | -262.8% |
| 1998 | 6.53 | -68.2% |
| 1999 | -31.6 | -583.7% |
| 2000 | 12.82 | -140.6% |
| 2001 | 25.72 | +100.6% |
| 2002 | 19.02 | -26.1% |
| 2003 | -4.06 | -121.3% |
| 2004 | 10.88 | -367.9% |
| 2005 | 12.79 | +17.6% |
| 2006 | 7.07 | -44.7% |
| 2007 | 6.24 | -11.7% |
| 2008 | 13.11 | +110.0% |
| 2009 | -7.23 | -155.2% |
| 2010 | 12.53 | -273.2% |
| 2011 | 2.65 | -78.8% |
| 2012 | 0.2178 | -91.8% |
| 2013 | 8.09 | +3612.6% |
| 2014 | 4.45 | -44.9% |
| 2015 | -5.06 | -213.6% |
| 2016 | -9.95 | +96.6% |
| 2017 | 15.55 | -256.4% |
| 2018 | 4.23 | -72.8% |
| 2019 | 0.5154 | -87.8% |
| 2020 | -17.89 | -3570.1% |
| 2021 | 19.86 | -211.0% |
| 2022 | 9.22 | -53.6% |
| 2023 | 2.62 | -71.5% |
| 2024 | 2.21 | -15.7% |
| 2025 | 14.1 | +537.4% |
| 2026 | 7.89 | -44.0% |
| 2027 | 6.5 | -17.7% |
| 2028 | 7.71 | +18.7% |
| 2029 | 8.01 | +3.8% |
| 2030 | 9.24 | +15.4% |
| 2031 | 8.39 | -9.2% |
Ecuador compared with similar countries
- Ecuador's 8.39 is above the median for upper middle income countries, which is 3.08, 2.7× the median. (7 countries reporting)
Biggest year-on-year movements
Years where Imports of goods and services, Volume, Cost insurance freight (CIF) in Ecuador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +3612.6% | 0.2178 | 8.09 |
| 2020 | -3570.1% | 0.5154 | -17.89 |
| 1991 | +2006.4% | -0.8393 | 16 |
| 1994 | +1729.5% | 0.8 | 14.64 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -3.64 | -33.12 | 9.72 | 10 |
| 1990s | 2.24 | -31.6 | 20.51 | 10 |
| 2000s | 9.64 | -7.23 | 25.72 | 10 |
| 2010s | 3.32 | -9.95 | 15.55 | 10 |
| 2020s | 6.02 | -17.89 | 19.86 | 10 |
| 2030s | 8.81 | 8.39 | 9.24 | 2 |
Countries ranked near Ecuador
More financial sector data for Ecuador
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.14 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.56 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.14 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services, volume, cost insurance freight (cif) in Ecuador?
- Imports of goods and services, volume, cost insurance freight (cif) in Ecuador was 8.39 in 2031, according to International Monetary Fund.
- What is the highest imports of goods and services, volume, cost insurance freight (cif) recorded in Ecuador?
- The highest recorded value was 25.72 in 2001.
- What is the lowest imports of goods and services, volume, cost insurance freight (cif) recorded in Ecuador?
- The lowest recorded value was -33.12 in 1983.
- How does Ecuador rank for imports of goods and services, volume, cost insurance freight (cif)?
- Ecuador ranks 1st out of 26 countries with data for 2031.
- Is imports of goods and services, volume, cost insurance freight (cif) rising or falling in Ecuador?
- Over the last ten years it is down 57.8%. 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 Imports of goods and services, Volume, Cost insurance freight (CIF), Percent change (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.