The economy of Ecuador shrank 28.8 percent year-on-year in May 2020, following a record 34.5 percent contraction in the previous month, amid the coronavirus crisis.
Leading Economic Index in Ecuador averaged 6.01 percent from 2003 until 2020, reaching an all time high of 110.99 percent in February of 2003 and a record low of -34.50 percent in April of 2020. This page provides - Ecuador Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador IAE - values, historical data and charts - was last updated on October of 2020.
Leading Economic Index in Ecuador is expected to be -1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Ecuador to stand at 0.50 in 12 months time. In the long-term, the Ecuador IAE is projected to trend around 1.50 percent in 2021 and 1.30 percent in 2022, according to our econometric models.