Ecuador recorded a Government Budget deficit equal to 5.90 percent of the country's Gross Domestic Product in 2017. Government Budget in Ecuador averaged -1.87 percent of GDP from 1983 until 2017, 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 in Ecuador is expected to be -4.50 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Government Budget is projected to trend around -3.70 percent of GDP in 2020, according to our econometric models.