Ecuador GDP Growth Rate (2026)
Ecuador has a Latin American economy supported by oil, agriculture, services, exports, and domestic consumption. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.5%
Annual real GDP growth
World Rank
#117
Out of 195 countries
Change vs 2025
-1.2 pp
2025: +3.7%
South America Rank
#7
Out of 12 countries
1. Ecuador GDP Growth Rate in 2026
Ecuadorian economic growth is influenced by oil production, consumer demand, exports, investment, and agricultural activity. Fiscal conditions and political stability also play important roles.
2. Ecuador GDP Growth Rate Trends (1980–2026)
Ecuador’s growth history has been shaped by commodity cycles, public spending, agriculture, and domestic demand. Oil exports have remained an important source of external income.
3. Ecuador GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +2.5% | -1.2 pp |
| 2025 | +3.7% | +5.6 pp |
| 2024 | -1.9% | -3.7 pp |
| 2023 | +1.8% | -4.1 pp |
| 2022 | +5.9% | -3.5 pp |
| 2021 | +9.4% | +18.6 pp |
| 2020 | -9.2% | -9.4 pp |
| 2019 | +0.2% | -0.8 pp |
| 2018 | +1.0% | -5.0 pp |
| 2017 | +6.0% | +6.7 pp |
| 2016 | -0.7% | -0.8 pp |
| 2015 | +0.1% | -4.1 pp |
| 2014 | +4.2% | -3.0 pp |
| 2013 | +7.2% | +1.4 pp |
| 2012 | +5.8% | -2.7 pp |
| 2011 | +8.5% | +4.5 pp |
| 2010 | +4.0% | +2.9 pp |
| 2009 | +1.1% | -5.5 pp |
| 2008 | +6.6% | +4.7 pp |
| 2007 | +1.9% | -2.4 pp |
| 2006 | +4.3% | -1.1 pp |
| 2005 | +5.4% | -1.4 pp |
| 2004 | +6.8% | +3.9 pp |
| 2003 | +2.9% | -2.0 pp |
| 2002 | +4.9% | +0.7 pp |
| 2001 | +4.2% | +3.1 pp |
| 2000 | +1.1% | +5.8 pp |
| 1999 | -4.7% | -8.0 pp |
| 1998 | +3.3% | -1.0 pp |
| 1997 | +4.3% | +2.6 pp |
| 1996 | +1.7% | -0.6 pp |
| 1995 | +2.3% | -2.0 pp |
| 1994 | +4.3% | +2.3 pp |
| 1993 | +2.0% | -1.6 pp |
| 1992 | +3.6% | -1.5 pp |
| 1991 | +5.1% | +2.1 pp |
| 1990 | +3.0% | +2.7 pp |
| 1989 | +0.3% | -10.2 pp |
| 1988 | +10.5% | +16.5 pp |
| 1987 | -6.0% | -9.1 pp |
| 1986 | +3.1% | -1.3 pp |
| 1985 | +4.4% | +0.2 pp |
| 1984 | +4.2% | +7.0 pp |
| 1983 | -2.8% | -4.0 pp |
| 1982 | +1.2% | -2.7 pp |
| 1981 | +3.9% | -1.0 pp |
| 1980 | +4.9% | — |
4. Ecuador GDP Growth Performance
Current Growth Rate
+2.5%
(2026 to 2026)
5-Year Average
+2.4%
(2022 to 2026)
10-Year Average
+1.9%
(2017 to 2026)
20-Year Average
+2.9%
(2007 to 2026)
The economy benefits from natural resources and agricultural exports, but fiscal constraints and political uncertainty can weaken investment and household confidence.
5. Ecuador GDP Growth Rate vs South America and World
Ecuador
+2.5%
South America Average
+3.5%
World Average
+2.8%
0.0%
1.8%
3.5%
Annual real GDP growth (%)
Ecuador’s GDP growth rate is approximately
1.0 pp
below the
South America average
and
0.3 pp
below the world average.
6. Ecuador GDP Growth Rate Ranking in South America
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #3 | Venezuela | +4.0% |
| #4 | Suriname | +3.9% |
| #5 | Argentina | +3.5% |
| #6 | Peru | +2.8% |
| #7 | Ecuador | +2.5% |
| #8 | Chile | +2.4% |
| #9 | Colombia | +2.3% |
| #10 | Brazil | +1.9% |
| #11 | Uruguay | +1.8% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Ecuador
Ecuador GDP (Nominal)
$138.2 Billion
(2026)
Ecuador GDP Growth Rate
+2.5%
(2026)
Ecuador’s growth often fluctuates with commodity prices and domestic policy conditions. Its performance within Latin America can vary significantly from year to year.
Explore more:
Ecuador GDP
9. Ecuador GDP Growth Rate Forecast
The outlook depends on oil markets, investment, agriculture, fiscal policy, and political stability. Security concerns and financing constraints remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +2.5% | 0.0 pp |
| 2028 | +2.6% | +0.1 pp |
| 2029 | +2.8% | +0.2 pp |
| 2030 | +3.0% | +0.2 pp |
10. Ecuador GDP Growth Rate: Key Findings
Ecuador GDP growth rate is estimated at +2.5% in 2026.
It ranks #117 globally and #7 in South America by annual GDP growth rate.
The growth rate slowed by 1.2 percentage points compared with 2025.
The 5-year average GDP growth rate is +2.4%.
The 10-year average GDP growth rate is +1.9%.
The current rate is 1.0 percentage points below the South America average.
The current rate is 0.3 percentage points below the world average.
The forecast GDP growth rate is +3.0% in 2030, 0.5 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Ecuador GDP Growth Rate FAQs
Ecuador GDP growth rate is estimated at +2.5% in 2026.
Ecuador ranks #117 globally and #7 in South America by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.5% in 2026.
Ecuador GDP growth rate was +0.1% in 2015.
Ecuador GDP growth rate is 1.0 percentage points below the South America average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.