Ecuador's gross Value Added (GVA) at basic prices (current LCU) was 120.34 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 32.1% from 91.1 billion in 2015 (2.82% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 120.34 billion | 2025 |
| Five years earlier | 89.81 billion | 2020 |
| Ten years earlier | 91.1 billion | 2015 |
| Highest | 120.34 billion | 2025 |
| Lowest | 1.47 billion | 1962 |
| Average since 2016 | 104.33 billion | 2016–2025 |
| First recorded | 1.67 billion |
What the numbers say
In 2025, Ecuador's gross Value Added (GVA) at basic prices (current LCU) rose 4.5% on 2024 (from 115.11 billion to 120.34 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +6.4% and a typical year strayed about 11.7% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 73.1% in 1974 and the biggest yearly fall was 29.4% in 1999. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 2.86 billion a year. A straight line explains 73% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Ecuador had the 121st highest value of the 158 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Ecuador in the 2025 ranking
- Tunisia — 117th of 158: 163.6 billion
- Puerto Rico (US) — 118th of 158: 128.88 billion
- Slovak Republic — 119th of 158: 122.4 billion
- Azerbaijan — 121st of 158: 116.7 billion
- Bulgaria — 122nd of 158: 100.93 billion
- Maldives — 123rd of 158: 99.98 billion
What this measures
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 66 values
| Year | Gross Value Added (GVA) at basic prices (current LCU) |
|---|---|
| 2025 | 120,344,817,600 |
| 2024 | 115,113,369,000 |
| 2023 | 113,756,556,000 |
| 2022 | 110,535,283,000 |
| 2021 | 100,628,814,000 |
| 2020 | 89,814,496,000 |
| 2019 | 101,004,875,000 |
| 2018 | 101,468,149,000 |
| 2017 | 98,643,898,000 |
| 2016 | 91,980,647,000 |
Gross Value Added (GVA) at basic prices (current LCU) in nearby economies
- Antigua and Barbuda — 5.58 billion (2025)
- Argentina — 716.75 trillion (2025)
- Aruba — 5.85 billion (2023)
- Bahamas, The — 13.83 billion (2024)
- Barbados — 14.37 billion (2025)
- Belize — 5.44 billion (2024)
- Bolivia — 354.38 billion (2024)
- Brazil — 10.95 trillion (2025)
- Cayman Islands — 6.12 billion (2024)
- Chile
More economic policy & debt data for Ecuador
- Total reserves, including gold (current US$) — US$9.8 billion (2025)
- Total reserves, excluding gold (current US$) — US$6.11 billion (2025)
- General government final consumption expenditure (current US$) — US$16.71 billion (2025)
- General government final consumption expenditure (current LCU) — 16.71 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$15.17 billion (2025)
- General government final consumption expenditure (constant LCU) — 16.24 billion (2025)
- General government final consumption expenditure (% of GDP) — 12.82% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$81.74 billion (2025)
Reading data like this
Questions people ask
- What is Ecuador's gross Value Added (GVA) at basic prices (current LCU)?
- 120.34 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 7,124% from 1.67 billion in 1960 (6.81% a year on average, compounded). The highest value was 120.34 billion in 2025 and the lowest 1.47 billion in 1962.
- How does Ecuador rank?
- 121st highest of 158 economies with data for 2025.
- Is the latest change in gross Value Added (GVA) at basic prices (current LCU) unusual for Ecuador?
- In 2025, Ecuador's gross Value Added (GVA) at basic prices (current LCU) rose 4.5% on 2024 (from 115.11 billion to 120.34 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +6.4% and a typical year strayed about 11.7% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDP.FCST.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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