Temperature in Vanuatu increased to 24.82 celsius in December from 24.30 celsius in November of 2015. Temperature in Vanuatu averaged 23.76 celsius from 1901 until 2015, reaching an all time high of 26.33 celsius in February of 1980 and a record low of 20.48 celsius in July of 1958. This page includes a chart with historical data for Vanuatu Average Temperature.

The Gross Domestic Product per capita in Vanuatu was last recorded at 2846.10 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Vanuatu, when adjusted by Purchasing Power Parity is equivalent to 16 percent of the world's average. GDP Per Capita Ppp in Vanuatu averaged 2722.77 USD from 1990 until 2018, reaching an all time high of 2977 USD in 2009 and a record low of 2467.10 USD in 2002. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Vanuatu GDP Per Capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Vanuatu decreased to 0.46 percent in 2018 from 0.71 percent in 2017. Deposit Interest Rate in Vanuatu averaged 3.74 percent from 1981 until 2018, reaching an all time high of 10.75 percent in 1981 and a record low of 0.46 percent in 2018. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Vanuatu.

Vanuatu is ranked 107 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Vanuatu deteriorated to 107 in 2019 from 94 in 2018. Ease of Doing Business in Vanuatu averaged 81.42 from 2008 until 2019, reaching an all time high of 107 in 2019 and a record low of 57 in 2008. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Vanuatu.

The inflation rate in Vanuatu was recorded at 2.90 percent in the third quarter of 2019. Inflation Rate in Vanuatu averaged 2.39 percent from 1998 until 2019, reaching an all time high of 6.10 percent in the first quarter of 2009 and a record low of -2.50 percent in the second quarter of 2016. This page provides - Vanuatu Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Vanuatu increased 1.20 percent in September of 2019 over the previous month. Inflation Rate Mom in Vanuatu averaged 0.60 percent from 1998 until 2019, reaching an all time high of 4.80 percent in the second quarter of 2015 and a record low of -3.50 percent in the third quarter of 2015. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Vanuatu Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vanuatu scored 46 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Vanuatu averaged 37.25 Points from 2007 until 2019, reaching an all time high of 46 Points in 2018 and a record low of 29 Points in 2008. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Vanuatu Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Vanuatu is the 64 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Vanuatu averaged 81.38 from 2007 until 2019, reaching an all time high of 109 in 2008 and a record low of 64 in 2018. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Vanuatu Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Corporate Tax Rate in Vanuatu stands at 0 percent. In Vanuatu, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Vanuatu. This page provides - Vanuatu Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Vanuatu stands at 15 percent. Sales Tax Rate in Vanuatu averaged 13.57 percent from 2014 until 2020, reaching an all time high of 15 percent in 2018 and a record low of 12.50 percent in 2015. In Vanuatu, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Vanuatu. This page provides - Vanuatu Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index Cpi in Vanuatu increased to 160 points in the fourth quarter of 2019 from 158.10 points in the second quarter of 2019. Consumer Price Index Cpi in Vanuatu averaged 126.78 points from 1998 until 2019, reaching an all time high of 160 points in the fourth quarter of 2019 and a record low of 95.50 points in the first quarter of 1998. This page provides - Vanuatu Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Vanuatu was worth 0.90 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Vanuatu represents 0 percent of the world economy. GDP in Vanuatu averaged 0.38 USD Billion from 1979 until 2019, reaching an all time high of 0.90 USD Billion in 2019 and a record low of 0.10 USD Billion in 1981. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Vanuatu GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Confidence Current Conditions in Ecuador increased to 38.40 in June from 35.87 in May of 2017. Consumer Confidence Current Conditions in Ecuador averaged 40.41 from 2014 until 2017, reaching an all time high of 50.95 in June of 2014 and a record low of 27.29 in May of 2016. This page includes a chart with historical data for Ecuador Consumer Confidence Current Conditions.

Internet Speed in Ecuador decreased to 6150.50 KBps in the first quarter of 2017 from 6336.72 KBps in the fourth quarter of 2016. Internet Speed in Ecuador averaged 2403.73 KBps from 2007 until 2017, reaching an all time high of 6336.72 KBps in the fourth quarter of 2016 and a record low of 516.48 KBps in the third quarter of 2009. This page includes a chart with historical data for EcuadorInternet Speed.

Temperature in Ecuador increased to 21.51 celsius in August from 21.24 celsius in July of 2013. Temperature in Ecuador averaged 21.87 celsius from 1866 until 2013, reaching an all time high of 24.34 celsius in February of 1998 and a record low of 19.77 celsius in July of 1910. This page includes a chart with historical data for Ecuador Temperature.

Military Expenditure in Ecuador increased to 2554 USD Million in 2018 from 2463 USD Million in 2017. Military Expenditure in Ecuador averaged 1206.97 USD Million from 1957 until 2018, reaching an all time high of 3010 USD Million in 2013 and a record low of 221 USD Million in 1959.

The Social Security Rate in Ecuador stands at 21.60 percent. Social Security Rate in Ecuador averaged 21.84 percent from 2012 until 2018, reaching an all time high of 23.50 percent in 2012 and a record low of 21.50 percent in 2013. In Ecuador, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Ecuador because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Ecuador Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Ecuador stands at 9.45 percent. Social Security Rate For Employees in Ecuador averaged 9.81 percent from 2012 until 2018, reaching an all time high of 12.15 percent in 2012 and a record low of 9.35 percent in 2013. In Ecuador, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Ecuador because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Ecuador Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Ecuador was last recorded at 5185.09 US dollars in 2018. The GDP per Capita in Ecuador is equivalent to 41 percent of the world's average. GDP per capita in Ecuador averaged 3685.41 USD from 1960 until 2018, reaching an all time high of 5412.13 USD in 2014 and a record low of 2238.01 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Ecuador GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Ecuador was last recorded at 10412.20 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Ecuador, when adjusted by Purchasing Power Parity is equivalent to 59 percent of the world's average. GDP per capita PPP in Ecuador averaged 8709.40 USD from 1990 until 2018, reaching an all time high of 10868.12 USD in 2014 and a record low of 7357.02 USD in 2000. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Ecuador GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Ecuador recorded a Government Budget deficit equal to 3 percent of the country's Gross Domestic Product in 2018. Government Budget in Ecuador averaged -1.90 percent of GDP from 1983 until 2018, reaching an all time high of 3.27 percent of GDP in 2006 and a record low of -10.94 percent of GDP in 1987. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Ecuador Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Ecuador increased to 3.60 percent in 2018 from 3.50 percent in 2017. Deposit Interest Rate in Ecuador averaged 17.24 percent from 1983 until 2018, reaching an all time high of 46.81 percent in 1992 and a record low of 0 percent in 2007. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Ecuador.

Ecuador scored 55.74 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Ecuador averaged 16.75 Points from 2007 until 2019, reaching an all time high of 55.85 Points in 2018 and a record low of 3.55 Points in 2010. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Ecuador Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Ecuador is the 90 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Ecuador averaged 92 from 2007 until 2019, reaching an all time high of 105 in 2010 and a record low of 71 in 2014. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Ecuador Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Ecuador decreased 3.73 percent in February of 2016 over the same month in the previous year. Industrial Production in Ecuador averaged 4.69 percent from 2004 until 2016, reaching an all time high of 18.54 percent in January of 2007 and a record low of -11.31 percent in December of 2015. Industrial Production in Ecuador is reported by the Instituto Nacional de Estadistica y Censos (INEC). In Ecuador, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Ecuador Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Ecuador increased to 2.46 in 2018 from 1.47 in 2017. Terrorism Index in Ecuador averaged 1.65 from 2002 until 2018, reaching an all time high of 3.02 in 2003 and a record low of 0.58 in 2014. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Minimum Wages in Ecuador increased to 394 USD/Month in 2019 from 386 USD/Month in 2018. Minimum Wages in Ecuador averaged 246.06 USD/Month from 2001 until 2019, reaching an all time high of 394 USD/Month in 2019 and a record low of 85.70 USD/Month in 2001. This page provides - Ecuador Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages In Manufacturing in Ecuador increased to 450 USD/Month in the second quarter of 2019 from 447 USD/Month in the first quarter of 2019. Wages In Manufacturing in Ecuador averaged 361.27 USD/Month from 2007 until 2019, reaching an all time high of 461 USD/Month in the third quarter of 2015 and a record low of 220 USD/Month in the first quarter of 2008. This page provides - Ecuador Wages In Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances in Ecuador increased to 845.57 USD Million in the third quarter of 2019 from 809.61 USD Million in the second quarter of 2019. Remittances in Ecuador averaged 591.88 USD Million from 1999 until 2019, reaching an all time high of 891.95 USD Million in the fourth quarter of 2007 and a record low of 238.55 USD Million in the second quarter of 1999. In Ecuador, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Ecuador Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Ecuador scored 38 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Ecuador averaged 27.21 Points from 1996 until 2019, reaching an all time high of 38 Points in 2019 and a record low of 20 Points in 2008. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Ecuador Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Ecuador is the 93 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Ecuador averaged 108.48 from 1996 until 2019, reaching an all time high of 151 in 2008 and a record low of 39 in 1996. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Ecuador Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Crude Oil Production in Ecuador decreased to 542 BBL/D/1K in December from 546 BBL/D/1K in November of 2019. Crude Oil Production in Ecuador averaged 470.69 BBL/D/1K from 1994 until 2019, reaching an all time high of 563 BBL/D/1K in November of 2014 and a record low of 329 BBL/D/1K in July of 1998. This page provides the latest reported value for - Ecuador Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Ecuador stands at 12 percent. Sales Tax Rate in Ecuador averaged 12.14 percent from 2006 until 2019, reaching an all time high of 14 percent in 2016 and a record low of 12 percent in 2007. In Ecuador, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Ecuador. This page provides - Ecuador Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Ecuador increased to 48.02 percent in the fourth quarter of 2019 from 47.30 percent in the third quarter of 2019. Employment Rate in Ecuador averaged 51.16 percent from 2007 until 2019, reaching an all time high of 57.94 percent in the second quarter of 2014 and a record low of 46.54 percent in the first quarter of 2010. In Ecuador, the employment rate measures the number of people who have a job as a percentage of the labour force. This page provides - Ecuador Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Ecuador stands at 25 percent. Corporate Tax Rate in Ecuador averaged 26.53 percent from 1997 until 2020, reaching an all time high of 36.25 percent in 1998 and a record low of 15 percent in 1999. In Ecuador, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Ecuador. This page provides - Ecuador Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Ecuador stands at 35 percent. Personal Income Tax Rate in Ecuador averaged 31.88 percent from 2003 until 2018, reaching an all time high of 35 percent in 2008 and a record low of 25 percent in 2004. In Ecuador, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Ecuador. This page provides - Ecuador Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Ecuador stands at 12.15 percent. Social Security Rate For Companies in Ecuador averaged 12.05 percent from 2012 until 2019, reaching an all time high of 12.15 percent in 2013 and a record low of 11.35 percent in 2012. In Ecuador, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Ecuador because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Ecuador Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Ecuador was estimated at 17.3 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Ecuador had a population of 4.4 million people. The population of Ecuador represents 0.21 percent of the world´s total population which arguably means that one person in every 475 people on the planet is a resident of Ecuador. This page provides - Ecuador Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Ecuador was last recorded at 8.81 percent. Interest Rate in Ecuador averaged 19.11 percent from 1970 until 2020, reaching an all time high of 72.60 percent in January of 2000 and a record low of 6.67 percent in May of 2018. In Ecuador, interest rate decisions are taken by the Central Bank of Ecuador´s Governing Council. The official interest rate is the Benchmark Lending Rate (Tasa Activa Referencial). This page provides the latest reported value for - Ecuador Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Ecuador decreased to 4.90 percent in the fourth quarter of 2019 from 5.90 percent in the third quarter of 2019. Unemployment Rate in Ecuador averaged 7.19 percent from 2003 until 2019, reaching an all time high of 11.86 percent in the first quarter of 2004 and a record low of 4.54 percent in the fourth quarter of 2014. In Ecuador, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Ecuador Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Labor Force Participation Rate in Ecuador decreased to 62.30 percent in the fourth quarter of 2019 from 64.60 percent in the third quarter of 2019. Labor Force Participation Rate in Ecuador averaged 64.48 percent from 2007 until 2019, reaching an all time high of 70.30 percent in the second quarter of 2007 and a record low of 61 percent in the fourth quarter of 2013. The labour force participation rate is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - Ecuador Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Ecuador recorded a government budget deficit of 947.35 USD Million in February of 2020. Government Budget Value in Ecuador averaged -144.67 USD Million from 1999 until 2020, reaching an all time high of 1588.25 USD Million in October of 2017 and a record low of -1870.94 USD Million in December of 2017. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Ecuador Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Ecuador decreased to 840.17 USD Million in February from 1811.28 USD Million in January of 2020. Government Revenues in Ecuador averaged 1011.25 USD Million from 1999 until 2020, reaching an all time high of 3706.77 USD Million in October of 2017 and a record low of 183.80 USD Million in January of 2000. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Ecuador Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in Ecuador increased to 1787.51 USD Million in February from 1058.53 USD Million in January of 2020. Fiscal Expenditure in Ecuador averaged 1153.12 USD Million from 1999 until 2020, reaching an all time high of 3819.10 USD Million in December of 2016 and a record low of 140.70 USD Million in January of 2000. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Ecuador Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Ecuador recorded a trade surplus of 244098 USD Thousand in February of 2020. Balance of Trade in Ecuador averaged -24603.79 USD Thousand from 1985 until 2020, reaching an all time high of 619602 USD Thousand in May of 2008 and a record low of -729014 USD Thousand in December of 2014. Ecuador's economy is highly dependent on oil exports (58 percent of total exports). Other exports include: fish and shrimps and bananas. Main imports are: raw materials for industry (25 percent of total imports), capital goods for industry (19 percent), fuels and lubricants (17 percent) and consumption durables (13 percent). Ecuador´s main trading partner is the United States (45 percent of total exports and 27 percent of imports). Others include: Chile, China, Peru, Colombia and Panama. This page provides - Ecuador Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Ecuador decreased to 1810123 USD Thousand in February from 1921854 USD Thousand in January of 2020. Exports in Ecuador averaged 783919.15 USD Thousand from 1979 until 2020, reaching an all time high of 2603522 USD Thousand in May of 2014 and a record low of 66062 USD Thousand in March of 1987. Crude oil and related products accounts for 58 percent of Ecuador’s exports. The country is also major exporter of bananas (9 percent); fish and shrimps (11 percent) and coffee and cocoa (4 percent). Main export partners are: United States (45 percent of total exports), Chile (8.4 percent) and Peru (8 percent). Others include: Colombia, Venezuela and Russia. This page provides - Ecuador Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Ecuador decreased to 1566025 USD Thousand in February from 1893940 USD Thousand in January of 2020. Imports in Ecuador averaged 888644.53 USD Thousand from 1985 until 2020, reaching an all time high of 2592365 USD Thousand in October of 2014 and a record low of 117453 USD Thousand in March of 1985. Ecuador main imports are: raw materials (25 percent of total imports), capital goods (19 percent), fuels and lubricants (17 percent), consumption durables (13 percent) and transport equipment (9 percent). Main import partners are: United States (27 percent of total imports), China (11 percent), (Colombia 9 percent) and Panama (7 percent). Others include: Peru, Japan and Chile. This page provides - Ecuador Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in Ecuador remained unchanged at 50 Thousand Tonnes in March from 50 Thousand Tonnes in February of 2020. Steel Production in Ecuador averaged 22.09 Thousand Tonnes from 1990 until 2020, reaching an all time high of 71 Thousand Tonnes in October of 2015 and a record low of 0 Thousand Tonnes in January of 1990. This page has Steel Production values for Ecuador.

Ecuador recorded a Current Account surplus of 145.69 USD Million in the fourth quarter of 2019. Current Account in Ecuador averaged -52.31 USD Million from 1994 until 2019, reaching an all time high of 1548.23 USD Million in the second quarter of 2008 and a record low of -1398.86 USD Million in the fourth quarter of 2014. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Ecuador Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Ecuador recorded a capital and financial account surplus of 310.63 USD Million in the fourth quarter of 2019. Capital Flows in Ecuador averaged -41.93 USD Million from 1994 until 2019, reaching an all time high of 2076.95 USD Million in the first quarter of 2013 and a record low of -5561.90 USD Million in the third quarter of 2000. In Ecuador, international capital flows are measured using the Capital and Financial Account Balance of the Balance of Payments. This page provides - Ecuador Capital Flows - actual values, historical data, forecast, chart, statistics, economic calendar and news.