Ecuador 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$95.87 billion
↓ 10.90% vs 2019GDP per Capita
$5,463.65
↓ 11.95% vs 2019GDP Growth (Annual %)
-9.25%
↓ 9.41pp vs 2019Inflation Rate (CPI %)
-0.34%
↓ 0.60pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $107.60 billion | $95.87 billion | -10.90% |
| GDP per Capita | $6,205.06 | $5,463.65 | -11.95% |
| GDP Growth (Annual %) | 0.17% | -9.25% | -9.41pp |
| Inflation (CPI %) | 0.27% | -0.34% | -0.60pp |
| Unemployment Rate (%) | 3.81% | 6.13% | +2.32pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $95.87 billion
- GDP per Capita
- $5,463.65
- GDP Growth (Annual %)
- -9.25%
- Gross National Income
- $92.54 billion
Prices & Employment
- Inflation (CPI %)
- -0.34%
- Inflation (GDP Deflator %)
- -1.83%
- Unemployment Rate (%)
- 6.13%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 2.09%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Ecuador's Gross Domestic Product (GDP) is $95.87 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Ecuador for 2020 is $5,463.65. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Ecuador for 2020 is -0.34%. This measures the annual percentage change in the cost of consumer goods and services.
Ecuador's annual GDP growth rate for 2020 is -9.25%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Ecuador for 2020 is 6.13%. This represents the percentage of the labor force that is unemployed and actively seeking employment.