Ecuador recorded a Current Account deficit of 261.64 USD Million in the first quarter of 2019. Current Account in Ecuador averaged -58.54 USD Million from 1994 until 2019, reaching an all time high of 1548.29 USD Million in the second quarter of 2008 and a record low of -1399.01 USD Million in the fourth quarter of 2014.
Current Account in Ecuador is expected to be -280.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Ecuador to stand at -110.00 in 12 months time. In the long-term, the Ecuador Current Account is projected to trend around -50.00 USD Million in 2020, according to our econometric models.