Ecuador - GDP

GDP (current US$)

The latest value for GDP (current US$) in Ecuador was $98,808,010,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $108,108,000,000 in 2019 and $1,518,208,000 in 1962.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $2,069,465,000
1961 $1,753,850,000
1962 $1,518,208,000
1963 $1,824,344,000
1964 $2,244,147,000
1965 $2,387,048,000
1966 $2,429,309,000
1967 $2,553,596,000
1968 $2,582,181,000
1969 $3,112,167,000
1970 $2,862,504,000
1971 $2,754,220,000
1972 $3,185,987,000
1973 $3,891,756,000
1974 $6,599,260,000
1975 $7,731,677,000
1976 $9,091,924,000
1977 $11,026,350,000
1978 $11,922,500,000
1979 $14,175,170,000
1980 $17,881,510,000
1981 $21,810,770,000
1982 $19,929,850,000
1983 $17,152,480,000
1984 $16,912,520,000
1985 $17,149,090,000
1986 $15,314,140,000
1987 $13,945,430,000
1988 $13,051,890,000
1989 $13,890,830,000
1990 $15,239,280,000
1991 $16,988,530,000
1992 $18,094,240,000
1993 $18,938,720,000
1994 $22,708,670,000
1995 $24,432,880,000
1996 $25,226,390,000
1997 $28,162,050,000
1998 $27,981,900,000
1999 $19,645,270,000
2000 $18,327,760,000
2001 $24,468,320,000
2002 $28,548,950,000
2003 $32,432,860,000
2004 $36,591,660,000
2005 $41,507,090,000
2006 $46,802,040,000
2007 $51,007,780,000
2008 $61,762,630,000
2009 $62,519,690,000
2010 $69,555,360,000
2011 $79,276,660,000
2012 $87,924,550,000
2013 $95,129,660,000
2014 $101,726,000,000
2015 $99,290,380,000
2016 $99,937,700,000
2017 $104,296,000,000
2018 $107,562,000,000
2019 $108,108,000,000
2020 $98,808,010,000

GDP (current LCU)

The value for GDP (current LCU) in Ecuador was 98,808,010,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 108,108,000,000 in 2019 and a minimum value of 1,517,480,000 in 1962.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,723,728,000
1961 1,606,926,000
1962 1,517,480,000
1963 1,823,470,000
1964 2,243,071,000
1965 2,385,904,000
1966 2,428,145,000
1967 2,552,372,000
1968 2,580,943,000
1969 3,110,675,000
1970 2,861,132,000
1971 2,752,900,000
1972 3,184,460,000
1973 3,889,890,000
1974 6,596,096,000
1975 7,727,971,000
1976 9,087,566,000
1977 11,021,060,000
1978 11,916,790,000
1979 14,168,370,000
1980 17,872,940,000
1981 21,800,310,000
1982 19,920,300,000
1983 17,144,260,000
1984 16,904,410,000
1985 17,140,870,000
1986 15,306,800,000
1987 13,938,750,000
1988 13,045,630,000
1989 13,884,170,000
1990 15,231,970,000
1991 16,980,040,000
1992 18,085,190,000
1993 18,929,250,000
1994 22,697,320,000
1995 24,420,670,000
1996 25,213,780,000
1997 28,147,970,000
1998 27,967,910,000
1999 19,635,450,000
2000 18,318,600,000
2001 24,468,320,000
2002 28,548,950,000
2003 32,432,860,000
2004 36,591,660,000
2005 41,507,090,000
2006 46,802,040,000
2007 51,007,780,000
2008 61,762,630,000
2009 62,519,690,000
2010 69,555,360,000
2011 79,276,660,000
2012 87,924,550,000
2013 95,129,660,000
2014 101,726,000,000
2015 99,290,380,000
2016 99,937,700,000
2017 104,296,000,000
2018 107,562,000,000
2019 108,108,000,000
2020 98,808,010,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Ecuador was 98,808,010,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 108,108,000,000 in 2019 and 15,231,970,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 15,231,970,000
1991 16,980,040,000
1992 18,085,190,000
1993 18,929,250,000
1994 22,697,320,000
1995 24,420,670,000
1996 25,213,780,000
1997 28,147,970,000
1998 27,967,910,000
1999 19,635,450,000
2000 18,318,600,000
2001 24,468,320,000
2002 28,548,950,000
2003 32,432,860,000
2004 36,591,660,000
2005 41,507,090,000
2006 46,802,040,000
2007 51,007,780,000
2008 61,762,630,000
2009 62,519,690,000
2010 69,555,360,000
2011 79,276,660,000
2012 87,924,550,000
2013 95,129,660,000
2014 101,726,000,000
2015 99,290,380,000
2016 99,937,700,000
2017 104,296,000,000
2018 107,562,000,000
2019 108,108,000,000
2020 98,808,010,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Ecuador was 93,820,100,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 101,702,000,000 in 2019 and 11,683,350,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 11,683,350,000
1961 12,282,050,000
1962 12,886,220,000
1963 13,157,650,000
1964 14,132,270,000
1965 14,595,120,000
1966 14,545,560,000
1967 15,217,720,000
1968 15,508,290,000
1969 16,232,410,000
1970 17,347,900,000
1971 18,439,530,000
1972 19,364,760,000
1973 22,066,270,000
1974 24,539,570,000
1975 27,232,090,000
1976 29,246,500,000
1977 29,715,860,000
1978 31,411,700,000
1979 32,584,620,000
1980 33,793,090,000
1981 35,689,840,000
1982 35,909,280,000
1983 35,788,320,000
1984 36,727,860,000
1985 38,173,100,000
1986 39,495,710,000
1987 39,393,380,000
1988 41,713,830,000
1989 42,133,380,000
1990 43,683,850,000
1991 45,558,480,000
1992 46,521,720,000
1993 47,439,700,000
1994 49,459,800,000
1995 50,573,910,000
1996 51,449,720,000
1997 53,676,400,000
1998 55,429,750,000
1999 52,802,720,000
2000 53,379,220,000
2001 55,522,730,000
2002 57,797,370,000
2003 59,371,130,000
2004 64,246,100,000
2005 67,645,560,000
2006 70,624,350,000
2007 72,171,070,000
2008 76,759,080,000
2009 77,193,910,000
2010 79,915,230,000
2011 86,203,070,000
2012 91,066,620,000
2013 95,571,240,000
2014 99,192,310,000
2015 99,290,380,000
2016 98,072,700,000
2017 100,395,000,000
2018 101,690,000,000
2019 101,702,000,000
2020 93,820,100,000

GDP (constant LCU)

The value for GDP (constant LCU) in Ecuador was 66,308,490,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 71,879,210,000 in 2019 and a minimum value of 8,257,346,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 8,257,346,000
1961 8,680,486,000
1962 9,107,492,000
1963 9,299,330,000
1964 9,988,153,000
1965 10,315,270,000
1966 10,280,250,000
1967 10,755,310,000
1968 10,960,670,000
1969 11,472,450,000
1970 12,260,830,000
1971 13,032,360,000
1972 13,686,280,000
1973 15,595,610,000
1974 17,343,640,000
1975 19,246,610,000
1976 20,670,320,000
1977 21,002,050,000
1978 22,200,600,000
1979 23,029,580,000
1980 23,883,670,000
1981 25,224,230,000
1982 25,379,320,000
1983 25,293,820,000
1984 25,957,860,000
1985 26,979,300,000
1986 27,914,070,000
1987 27,841,750,000
1988 29,481,760,000
1989 29,778,280,000
1990 30,874,090,000
1991 32,199,000,000
1992 32,879,790,000
1993 33,528,580,000
1994 34,956,310,000
1995 35,743,720,000
1996 36,362,710,000
1997 37,936,440,000
1998 39,175,650,000
1999 37,318,960,000
2000 37,726,410,000
2001 39,241,360,000
2002 40,848,990,000
2003 41,961,260,000
2004 45,406,710,000
2005 47,809,320,000
2006 49,914,610,000
2007 51,007,780,000
2008 54,250,410,000
2009 54,557,730,000
2010 56,481,050,000
2011 60,925,060,000
2012 64,362,430,000
2013 67,546,130,000
2014 70,105,360,000
2015 70,174,680,000
2016 69,314,070,000
2017 70,955,690,000
2018 71,870,510,000
2019 71,879,210,000
2020 66,308,490,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Ecuador was 192,235,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 205,903,000,000 in 2019 and 49,383,230,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 49,383,230,000
1991 53,244,120,000
1992 55,608,910,000
1993 58,050,320,000
1994 61,814,650,000
1995 64,532,450,000
1996 66,852,020,000
1997 70,992,450,000
1998 74,136,570,000
1999 71,642,610,000
2000 74,043,840,000
2001 78,706,480,000
2002 83,226,860,000
2003 87,080,710,000
2004 96,767,830,000
2005 105,062,000,000
2006 113,008,000,000
2007 118,585,000,000
2008 128,577,000,000
2009 130,291,000,000
2010 136,456,000,000
2011 150,267,000,000
2012 159,560,000,000
2013 175,196,000,000
2014 186,847,000,000
2015 179,310,000,000
2016 181,967,000,000
2017 195,011,000,000
2018 202,268,000,000
2019 205,903,000,000
2020 192,235,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Ecuador was 182,239,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 197,549,000,000 in 2019 and 84,852,690,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 84,852,690,000
1991 88,494,010,000
1992 90,365,040,000
1993 92,148,150,000
1994 96,072,040,000
1995 98,236,110,000
1996 99,937,310,000
1997 104,262,000,000
1998 107,668,000,000
1999 102,565,000,000
2000 103,685,000,000
2001 107,849,000,000
2002 112,267,000,000
2003 115,324,000,000
2004 124,793,000,000
2005 131,397,000,000
2006 137,183,000,000
2007 140,187,000,000
2008 149,099,000,000
2009 149,944,000,000
2010 155,229,000,000
2011 167,443,000,000
2012 176,890,000,000
2013 185,640,000,000
2014 192,674,000,000
2015 192,864,000,000
2016 190,499,000,000
2017 195,011,000,000
2018 197,525,000,000
2019 197,549,000,000
2020 182,239,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts