Goods, Debit/Expenditure in Ecuador
Ecuador: Goods, Debit/Expenditure was 27.89 billion in 2024. ▲ Rising
Goods, Debit/Expenditure in Ecuador, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, goods, debit/expenditure in Ecuador stood at 27.89 billion.
Compared with earlier readings it is down 4.7% on the previous year and up 4.6% over ten years.
Over the whole period, goods, debit/expenditure in Ecuador peaked at 30.49 billion in 2022 and was at its lowest, 9.70 billion, in 2005.
That places Ecuador 73rd out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Goods, Debit/Expenditure in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 9.70 billion | — |
| 2006 | 11.40 billion | +17.5% |
| 2007 | 13.04 billion | +14.4% |
| 2008 | 17.91 billion | +37.3% |
| 2009 | 14.26 billion | -20.3% |
| 2010 | 19.64 billion | +37.7% |
| 2011 | 23.38 billion | +19.1% |
| 2012 | 24.51 billion | +4.9% |
| 2013 | 26.11 billion | +6.5% |
| 2014 | 26.65 billion | +2.1% |
| 2015 | 20.69 billion | -22.4% |
| 2016 | 15.86 billion | -23.4% |
| 2017 | 19.30 billion | +21.7% |
| 2018 | 22.36 billion | +15.9% |
| 2019 | 21.75 billion | -2.7% |
| 2020 | 17.09 billion | -21.4% |
| 2021 | 23.98 billion | +40.3% |
| 2022 | 30.49 billion | +27.2% |
| 2023 | 29.28 billion | -4.0% |
| 2024 | 27.89 billion | -4.7% |
Ecuador compared with similar countries
- Ecuador's 27.89 billion is above the median for upper middle income countries, which is 15.62 billion, 1.8× the median. (54 countries reporting)
- Ecuador's 27.89 billion is above the median for Latin America & Caribbean, which is 7.54 billion, 3.7× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.26 billion | 9.70 billion | 17.91 billion | 5 |
| 2010s | 22.02 billion | 15.86 billion | 26.65 billion | 10 |
| 2020s | 25.74 billion | 17.09 billion | 30.49 billion | 5 |
Countries ranked near Ecuador
More trade data for Ecuador
- Commodity Net Export Price Index, Individual Commodities Weighted by 89.08 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 97.5 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 96.62 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 83.49 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.1 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 75.18 (2025)
- Imports of low carbon technology products, Percent of GDP 0.914 (2024)
- Imports of low carbon technology products, US dollar (World), per 62.84 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0092 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 142.54 million (2024)
Frequently asked questions
- What is goods, debit/expenditure in Ecuador?
- Goods, debit/expenditure in Ecuador was 27.89 billion in 2024, according to International Monetary Fund.
- What is the highest goods, debit/expenditure recorded in Ecuador?
- The highest recorded value was 30.49 billion in 2022.
- What is the lowest goods, debit/expenditure recorded in Ecuador?
- The lowest recorded value was 9.70 billion in 2005.
- How does Ecuador rank for goods, debit/expenditure?
- Ecuador ranks 73rd out of 198 countries with data for 2024.
- Is goods, debit/expenditure rising or falling in Ecuador?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from International Monetary Fund, published as part of Goods, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.