The economy of Ecuador shrank 8.2 percent year-on-year in June 2019, after contracting 7.4 percent in the previous month. It was the steepest contraction in economic activity since November 2015, as output declined further in manufacturing (-7.7 percent from -6.2 percent); construction (-46.6 percent from -10 percent); agriculture, forestry & fishing (-3.5 percent from -3.3 percent); hotels & restaurants (-5.7 percent from -1.5 percent); financial intermediation (-5.7 percent from -2.9 percent); and social services & health (-10.8 percent from -8.9 percent). Also, real estate activities shrank 7 percent, faster than a 3.9 percent fall in May. Additionally, growth slowed in mining & quarrying (18.6 percent from 33.1 percent); and electricity, gas & water (3.9 percent from 8.1 percent). 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.

Leading Economic Index 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. 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 2020, according to our econometric models.

Ecuador IAE
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Ecuador Business Last Previous Highest Lowest Unit
Business Confidence 1442.10 1423.40 1442.10 402.80 Index Points [+]
Changes in Inventories 106035.00 134385.00 578608.00 -236838.00 USD THO [+]
Leading Economic Index -8.20 -7.40 110.99 -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 55.00 50.00 71.00 0.00 Thousand Tonnes [+]
Manufacturing Production 1.00 7.80 11.00 -16.99 percent [+]
Ease of Doing Business 123.00 118.00 138.00 114.00 [+]
Crude Oil Rigs 8.00 10.00 28.00 1.00 [+]
Corruption Index 34.00 32.00 35.00 20.00 Points [+]
Corruption Rank 114.00 117.00 151.00 39.00 [+]
Competitiveness Index 55.85 55.44 55.85 3.55 Points [+]
Competitiveness Rank 86.00 83.00 105.00 71.00 [+]


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. This page provides - Ecuador Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador IAE - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-8.20 -7.40 110.99 -34.40 2003 - 2019 percent Monthly
2002=100




Country Last Previous
Argentina -0.80 Jul/19
Australia -0.30 Aug/19
Brazil -0.16 Jul/19
Canada 0.20 Jun/19
Japan 93.60 Jul/19
Mexico -0.90 Jun/19
Russia 1.70 Jul/19
Singapore 108.10 Jun/19
South Africa -0.40 Jun/19
South Korea 114.50 Jul/19
Turkey 2.19 Jul/19
United Kingdom 0.00 Jul/19
United States 128.31 Jul/19


Related

Latest