Ecuador recorded a Current Account deficit of 1.20 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Ecuador averaged -2.01 percent from 1980 until 2018, reaching an all time high of 5.17 percent in 2000 and a record low of -10.08 percent in 1987.

Current Account to GDP in Ecuador is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Current Account to GDP is projected to trend around 1.60 percent in 2020, according to our econometric models.

Ecuador Current Account to GDP
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Ecuador Trade Last Previous Highest Lowest Unit
Balance of Trade 108044.00 -30521.00 619602.00 -729014.00 USD Thousand [+]
Current Account -776.50 -126.43 1548.25 -1403.57 USD Million [+]
Current Account to GDP -1.20 -0.50 5.17 -10.08 percent [+]
Imports 1841494.00 1725820.00 2592365.00 117453.00 USD Thousand [+]
Exports 1949537.00 1695299.00 2603522.00 66062.00 USD Thousand [+]
Capital Flows -262.23 137.24 1523.82 -5561.90 USD Million [+]
Remittances 780.14 768.07 891.95 238.55 USD Million [+]
Gold Reserves 11.80 11.80 26.30 11.79 Tonnes [+]
Crude Oil Production 529.00 530.00 563.00 329.00 BBL/D/1K [+]
Terrorism Index 1.47 1.62 3.02 0.58 [+]
Foreign Direct Investment 200.44 209.45 783.07 -286.13 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Ecuador Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Ecuador Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.20 -0.50 5.17 -10.08 1980 - 2018 percent Yearly




Country Last Previous
Singapore 17.70 Dec/18
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 9.20 Dec/18
Germany 7.30 Dec/18
Russia 7.00 Dec/18
South Korea 4.70 Dec/18
Japan 3.50 Dec/18
Euro Area 3.00 Dec/18
Italy 2.50 Dec/18
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Australia -1.50 Dec/18
Mexico -1.80 May/19
India -2.30 Dec/18
United States -2.40 Dec/18
Canada -3.00 Dec/17
Indonesia -3.00 Dec/18
South Africa -3.50 Dec/18
Turkey -3.50 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18


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