Table of Contents

    The Economy of Ecuador

    📊Economic Indicators

    Major Indicators

    Ecuador
    Global Median

    Latest Indicator Releases

    Oct 27, 2023LatestPrevious
    Money Supply77.7277.66
    Employment8.4508.120
    Unemployment Rate (Monthly)3.7003.800
    Oct 24, 2023LatestPrevious
    Private Sector Credit61.1059.59
    Business Credit20.5720.30
    Household Credit40.5339.30
    Oct 14, 2023LatestPrevious
    Foreign Exchange Reserves6.3106.960
    Oct 11, 2023LatestPrevious
    Inflation2.2402.560
    Oct 10, 2023LatestPrevious
    Consumer Price Index (CPI)112.39112.34
    Oct 4, 2023LatestPrevious
    Investment Growth3.420-3.740

    🔁Trade

    Source: United Nations

    Trade Balance

    Imports
    Exports

    Major Trade Partners

    Country
    Trade Value
    % of Trade
    Import Value
    Export Value
    Balance
    		Region
    United States$14.32b55.73$5.67b$8.65b$2.98bNorth America
    China$11.50b44.76$6.04b$5.46b-$577.33mAsia
    Colombia$2.62b10.21$1.79b$830.28m-$961.59mSouth America
    Russia$1.98b7.7$519.25m$1.46b$940.70mAsia
    Japan$1.85b7.2$581.90m$1.27b$686.26mAsia
    Chile$1.72b6.68$538.92m$1.18b$637.50mSouth America
    Peru$1.55b6.03$862.23m$686.74m-$175.49mSouth America
    India$1.36b5.3$388.91m$972.03m$583.12mAsia
    Spain$1.36b5.29$605.73m$754.24m$148.51mEurope
    Germany$1.15b4.49$578.55m$576.07m-$2.47mEurope

    🗞News

    Ecuador's Economy
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