GDP Growth Rate
Year -
2.36%
In 2023, Ecuador experienced a significant a decrease in its GDP growth rate, which fall to 2.36% from 6.19% in 2022. Additionally, the GDP per capita growth rate in Ecuador decrease to 1.29% in 2023, compared to 4.99% in 2022.
In 2023, Ecuador experienced a decrease in economic performance, with the GDP growth rate falling by 3.83%. Additionally, the GDP per capita growth rate decrease by 3.7%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 5.12% | 5.12% | 2.17% | 2.17% |
| 1962 | 4.92% | -0.20% | 1.94% | -0.23% |
| 1963 | 2.11% | -2.81% | -0.81% | -2.75% |
| 1964 | 7.41% | 5.30% | 4.32% | 5.13% |
| 1965 | 3.28% | -4.13% | 0.29% | -4.03% |
| 1966 | -0.34% | -3.62% | -3.21% | -3.50% |
| 1967 | 4.62% | 4.96% | 1.61% | 4.82% |
| 1968 | 1.91% | -2.71% | -1.02% | -2.63% |
| 1969 | 4.67% | 2.76% | 1.68% | 2.70% |
| 1970 | 6.87% | 2.20% | 3.84% | 2.16% |
| 1971 | 6.29% | -0.58% | 3.3% | -0.54% |
| 1972 | 5.02% | -1.27% | 2.08% | -1.22% |
| 1973 | 13.95% | 8.93% | 10.78% | 8.70% |
| 1974 | 11.21% | -2.74% | 8.14% | -2.64% |
| 1975 | 10.97% | -0.24% | 7.93% | -0.21% |
| 1976 | 7.4% | -3.57% | 4.48% | -3.45% |
| 1977 | 1.6% | -5.80% | -1.13% | -5.61% |
| 1978 | 5.71% | 4.11% | 2.88% | 4.01% |
| 1979 | 3.73% | -1.98% | 0.99% | -1.89% |
| 1980 | 3.71% | -0.02% | 0.99% | 0.00% |
| 1981 | 5.61% | 1.90% | 2.87% | 1.88% |
| 1982 | 0.61% | -5.00% | -1.97% | -4.84% |
| 1983 | -0.34% | -0.95% | -2.87% | -0.90% |
| 1984 | 2.63% | 2.97% | 0.04% | 2.91% |
| 1985 | 3.94% | 1.31% | 1.34% | 1.30% |
| 1986 | 3.46% | -0.48% | 0.89% | -0.45% |
| 1987 | -0.26% | -3.72% | -2.71% | -3.60% |
| 1988 | 5.89% | 6.15% | 3.34% | 6.05% |
| 1989 | 1.01% | -4.88% | -1.37% | -4.71% |
| 1990 | 3.68% | 2.67% | 1.3% | 2.67% |
| 1991 | 4.29% | 0.61% | 1.98% | 0.68% |
| 1992 | 2.11% | -2.18% | -0.02% | -2.00% |
| 1993 | 1.97% | -0.14% | -0.03% | -0.01% |
| 1994 | 4.26% | 2.29% | 2.28% | 2.31% |
| 1995 | 2.25% | -2.01% | 0.36% | -1.92% |
| 1996 | 1.73% | -0.52% | -0.11% | -0.47% |
| 1997 | 4.33% | 2.60% | 2.48% | 2.59% |
| 1998 | 3.27% | -1.06% | 1.47% | -1.01% |
| 1999 | -4.74% | -8.01% | -6.37% | -7.84% |
| 2000 | 1.09% | 5.83% | -0.63% | 5.74% |
| 2001 | 4.21% | 3.12% | 2.43% | 3.06% |
| 2002 | 4.93% | 0.72% | 3.12% | 0.69% |
| 2003 | 2.88% | -2.05% | 1.1% | -2.02% |
| 2004 | 6.83% | 3.95% | 4.99% | 3.89% |
| 2005 | 5.4% | -1.43% | 3.6% | -1.39% |
| 2006 | 4.34% | -1.06% | 2.56% | -1.04% |
| 2007 | 1.9% | -2.44% | 0.17% | -2.39% |
| 2008 | 6.56% | 4.66% | 4.76% | 4.59% |
| 2009 | 1.09% | -5.47% | -0.6% | -5.36% |
| 2010 | 4.03% | 2.94% | 2.32% | 2.92% |
| 2011 | 8.48% | 4.45% | 6.71% | 4.39% |
| 2012 | 5.78% | -2.70% | 4.1% | -2.61% |
| 2013 | 7.21% | 1.43% | 5.58% | 1.48% |
| 2014 | 4.23% | -2.98% | 2.69% | -2.89% |
| 2015 | 0.12% | -4.11% | -1.35% | -4.04% |
| 2016 | -0.69% | -0.81% | -2.16% | -0.81% |
| 2017 | 5.97% | 6.66% | 4.34% | 6.50% |
| 2018 | 1.04% | -4.93% | -0.85% | -5.19% |
| 2019 | 0.17% | -0.87% | -1.73% | -0.88% |
| 2020 | -9.25% | -9.42% | -10.51% | -8.78% |
| 2021 | 9.82% | 19.07% | 8.53% | 19.04% |
| 2022 | 6.19% | -3.63% | 4.99% | -3.54% |
| 2023 | 2.36% | -3.83% | 1.29% | -3.70% |