Consumer Confidence in Ecuador decreased to 37.20 points in December from 37.60 points in November of 2019. Ecuador Consumer Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Consumer Confidence in Ecuador averaged 40.34 points from 2010 until 2019, reaching an all time high of 49 points in December of 2013 and a record low of 26.90 points in May of 2016. This page provides - Ecuador Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Banco Central del Ecuador

Consumer Confidence in Ecuador is expected to be 37.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Ecuador to stand at 38.60 in 12 months time. In the long-term, the Ecuador Consumer Confidence is projected to trend around 38.60 points in 2021 and 40.27 points in 2022, according to our econometric models.

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Ecuador Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
37.20 37.60 49.00 26.90 2010 - 2019 points Monthly

Ecuador Consumer Confidence
In Ecuador, the consumer confidence index (ICC) is a weighted average of combination of responses to 6 questions. These questions measure the perception that households have about their economic situation, consumption of goods and services and country´s economic condition in the previous month and in the next three months. The index is based on a sample of 3800 households located in the cities of Quito, Guayaquil, Ambato, Cuenca and Machala. The ICC is measured on a scale of 0 to 100, where levels above 50 indicate optimism, 50 neutrality and below 50 pessimism.