The economy of Ecuador shrank 1.7 percent year-on-year in February 2020, after expanding 13.8 percent in the previous month. It was the first contraction in economic activity since October last year.

Leading Economic Index in Ecuador averaged 7.11 percent from 2003 until 2018, reaching an all time high of 110.99 percent in February of 2003 and a record low of -34.40 percent in January of 2009. 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 June of 2020.

Leading Economic Index in Ecuador is expected to be -2.50 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 0.30 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.

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Ecuador IAE

Actual Previous Highest Lowest Dates Unit Frequency
-1.70 13.80 110.99 -34.40 2003 - 2020 percent Monthly
2002=100

Ecuador Business Last Previous Highest Lowest Unit
Business Confidence 1414.30 1463.10 1474.80 402.80 points [+]
Changes in Inventories -139670.00 -78200.00 578608.00 -236838.00 USD THO [+]
Leading Economic Index -1.70 13.80 110.99 -34.40 percent [+]
Internet Speed 6150.50 6336.72 6336.72 516.48 KBps [+]
IP Addresses 787799.00 772123.00 999895.00 98228.00 IP [+]
Steel Production 35.00 50.00 71.00 0.00 Thousand Tonnes [+]
Manufacturing Production 3.01 3.11 18.07 -16.99 percent [+]
Crude Oil Rigs 3.00 6.00 28.00 1.00 [+]
Ease of Doing Business 129.00 123.00 138.00 114.00 [+]
Competitiveness Index 55.74 55.85 55.85 3.55 Points [+]
Competitiveness Rank 90.00 86.00 105.00 71.00 [+]
Corruption Index 38.00 34.00 38.00 20.00 Points [+]
Corruption Rank 93.00 114.00 151.00 39.00 [+]


Ecuador IAE
In Ecuador, the IAE - Índice de Actividad Económica - estimates the activity of the different economic sectors of the economy in a given month, using the value of sales and comparing it with the base year.