Latin America & Caribbean
🇪🇨 Ecuador
Real-time economic and demographic statistics for Ecuador
GDP
#65
of 214
Population
#70
of 217
GDP per Capita
#128
of 214
GDP Growth
#127
of 214
Share of World
0.11%
of world GDP
Income Level
Upper middle income
Ecuador GDP (2015–2024)
-2.00%annual growth
Chart data: 2015: 97,209,558,000 USD, 2016: 97,671,433,000 USD, 2017: 104,467,486,000 USD, 2018: 107,478,961,000 USD, 2019: 107,595,830,000 USD, 2020: 95,865,473,000 USD, 2021: 107,179,074,000 USD, 2022: 116,133,121,000 USD, 2023: 121,147,057,000 USD, 2024: 124,676,074,700 USD
Demographics
18.1M
Population
+0.86%annual growth
Labor Market
4.77%
Unemployment Rate
+1.26ppannual change
Verified: Nov 2025
Economics
+1.55%
Inflation Rate
-0.67ppannual change
Frequently Asked Questions
- What is Ecuador's GDP?
- Ecuador's GDP is approximately $124.7 billion (2024, representing 0.1% of world GDP), making it the #65 largest economy out of 214 countries. Data sourced from the World Bank.
- What is Ecuador's population?
- Ecuador has a population of approximately 18.1M — the #70 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
- What is Ecuador's GDP per capita?
- Ecuador's GDP per capita is approximately $6,875, ranking #128 globally. This metric reflects average economic output per person and is a key indicator of living standards.
- How fast is Ecuador's economy growing?
- Ecuador's economy is currently contracting at approximately 2.0% per year, ranking #127 globally by GDP growth rate. Data sourced from the World Bank.
- What region is Ecuador in?
- Ecuador is located in the Latin America & Caribbean region and is classified as a upper middle income economy by the World Bank. This classification is based on gross national income (GNI) per capita.
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