Ecuador: Revenue, excluding grants (current LCU)

Key figures

Over five years it is up 22.99% from 29.24 billion in 2017 (4.23% a year on average, compounded). Since 2013 it is up 21.82% from 29.52 billion in 2013 (2.22% a year on average, compounded).

What the numbers say

In 2022, Ecuador's revenue, excluding grants (current LCU) rose 13.1% on 2021 (from 31.8 billion to 35.96 billion).

Across the 8 yearly changes before that (2014 to 2021), the average change was +1.6% and a typical year strayed about 12.7% from that (the standard deviation). This year's change was 0.9 standard deviations above 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 22.3% in 2021 and the biggest yearly fall was 18.5% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2013 to 2022 there is no clear straight-line trend: a straight line explains 20% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Ecuador in the 2022 ranking

• Serbia — 4th of 8: 2.88 trillion
• Equatorial Guinea — 5th of 8: 2.26 trillion
• Australia — 6th of 8: 610.66 billion
• Timor-Leste — 8th of 8: 1.65 billion

What this measures

Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 10 values

Revenue, excluding grants (current LCU) in nearby economies

• Argentina — 98.45 trillion (2024)
• Bahamas, The — 3.07 billion (2024)
• Barbados — 2.86 billion (2016)
• Belize — 1.08 billion (2017)
• Brazil — 3.12 trillion (2024)
• Chile — 67.9 trillion (2024)
• Colombia — 442.87 trillion (2024)
• Costa Rica — 13.66 trillion (2024)
• Dominican Republic — 1.3 trillion (2024)
• El Salvador — 9.51 billion (2024)

More public sector data for Ecuador

• Military expenditure (current USD) — 2.74 billion (2025)
• Military expenditure (current LCU) — 2.74 billion (2025)
• Military expenditure (% of GDP) — 2.1% (2025)
• Arms imports (SIPRI trend indicator values) — 30 million (2025)
• Armed forces personnel, total — 42,000 (2020)
• Armed forces personnel (% of total labor force) — 0.54% (2020)
• Military expenditure (% of general government expenditure) — 5.67% (2025)
• Intentional homicides (per 100,000 people) — 45.72 (2023)
• Intentional homicides, female (per 100,000 female) — 6.66 (2023)
• Intentional homicides, male (per 100,000 male)

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Questions people ask

What is Ecuador's revenue, excluding grants (current LCU)?

35.96 billion in 2022, according to the World Bank (World Development Indicators).

How has it changed since 2013?

It is up 21.82% from 29.52 billion in 2013 (2.22% a year on average, compounded). The highest value was 35.96 billion in 2022 and the lowest 26 billion in 2020.

Is the latest change in revenue, excluding grants (current LCU) unusual for Ecuador?

In 2022, Ecuador's revenue, excluding grants (current LCU) rose 13.1% on 2021 (from 31.8 billion to 35.96 billion). Across the 8 yearly changes before that (2014 to 2021), the average change was +1.6% and a typical year strayed about 12.7% from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator GC.REV.XGRT.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) 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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