Declining oil prices and exports forced the CORREA administration to cut government oulays. Ecuador gdp per capita for 2016 was $6,060, a … In macroeconomic terms, Ecuador’s total exported goods represent 11% of its overall Gross Domestic Product for 2019 ($202.8 billion valued in Purchasing Power Parity US dollars). {"2005":11737923.45, "2006":12295651.25, "2007":12546199.54, "2008":13454761.68, "2009":13503469.23, "2010":13987083.73, "2011":15075933.80, "2012":15926517.98, "2013":16714402.83, "2014":17282748.75, "2015":17299858.67, "2016":17087762.41, "2017":17492400.62, "2018":17676770.52, "2019":17686315.98}, [{"1939":5.75, "1940":6.13, "1941":6.16, "1942":6.42, "1943":7.24, "1944":7.33, "1945":7.36, "1946":8.24, "1947":9.15, "1948":10.40, "1949":10.59, "1950":11.51, "1951":11.64, "1952":13.07, "1953":13.35, "1954":14.43, "1955":14.80, "1956":15.35, "1957":16.05, "1958":16.52, "1959":17.40, "1960":17.44, "1961":17.76, "1962":18.23, "1963":18.13, "1964":19.47, "1965":20.11, "1966":20.60, "1967":22.02, "1968":22.90, "1969":23.44, "1970":24.95, "1971":26.51, "1972":30.34, "1973":38.02, "1974":40.47, "1975":42.73, "1976":46.67, "1977":49.72, "1978":53.00, "1979":55.81, "1980":58.55, "1981":60.85, "1982":61.58, "1983":59.84, "1984":62.36, "1985":65.06, "1986":67.08, "1987":63.07, "1988":69.70, "1989":69.88, "1990":71.99, "1991":75.61, "1992":78.30, "1993":79.89, "1994":83.65, "1995":85.11, "1996":87.16, "1997":90.69, "1998":92.61, "1999":87.52, "2000":91.16, "2001":95.50, "2002":98.77, "2003":102.00, "2004":111.00, "2005":117.38, "2006":122.96, "2007":125.46, "2008":134.55, "2009":135.03, "2010":139.87, "2011":150.76, "2012":159.27, "2013":167.14, "2014":172.83, "2015":173.00, "2016":170.88, "2017":174.92, "2018":176.77, "2019":176.86}], {"1971":6.3, "1972":14.4, "1973":25.3, "1974":6.4, "1975":5.6, "1976":9.2, "1977":6.5, "1978":6.6, "1979":5.3, "1980":4.9, "1981":3.9, "1982":1.2, "1983":-2.8, "1984":4.2, "1985":4.3, "1986":3.1, "1987":-6.0, "1988":10.5, "1989":0.3, "1990":3.0, "1991":5.0, "1992":3.6, "1993":2.0, "1994":4.7, "1995":1.7, "1996":2.4, "1997":4.1, "1998":2.1, "1999":-5.5, "2000":4.2, "2001":4.8, "2002":3.4, "2003":3.3, "2004":8.8, "2005":5.7, "2006":4.8, "2007":2.0, "2008":7.2, "2009":0.4, "2010":3.6, "2011":7.8, "2012":5.6, "2013":4.9, "2014":3.4, "2015":0.1, "2016":-1.2, "2017":2.4, "2018":1.1, "2019":0.1}. Restructuring deals with creditors and a new IMF arrangement will provide some respite for the beleaguered government in 2020-21. GDP (nominal) of United States has increased by $859 billion in 2019 followed by … In 2019, GDP per capita for Ecuador was 6,249 US dollars. Discovery of oil in the mid-20th century helped advance Ecuador’s economy beyond farming and fuel progress in social services like health and education. On June 11, 2019, the World Bank Board of Directors approved the 2019-2023 Country Partnership Framework (CPF) with Ecuador.This document establishes. Organized protests ceased after indigenous groups and the Ecuadorian government reached a deal to reverse the austerity measures, beginning a collaboration on how to combat … ... Ecuador has an extended history with political unrest and instability. Ecuador gdp per capita for 2019 was $6,184, a 1.78% decline from 2018. close. GDP growth (annual %) - Ecuador from The World Bank: Data. ... 1961 - 2019 GDP (constant 2010 US$) ... GDP per capita growth (annual %) Download. The use of different national income standards across Europe has an impact on cross-country comparability and in some cases leads to an underestimation of GDP. Ecuador’s economy returned to positive, but sluggish, growth. All rights reserved. Ecuador gdp for … DataBank Microdata Data Catalog. COVID-19 stretched an already underfunded health system, and lockdown measures to contain it could mean that, after growing just 0.1 percent in 2019, Ecuador’s GDP could drop 11 percent this year, the report says. Annual percentage growth rate of GDP at market prices based on constant local currency. Deteriorating economic performance in 1997–98 culminated in a severe financial crisis in 1999. In 2019, Ecuador's real gross domestic product grew by around 0.05 percent compared to the previous year. Ecuador recorded a nil GDP growth in 2019, against 1.3% in 2018. Thematic data tables … Ecuador gdp per capita for 2017 was $6,214, a 2.53% increase from 2016. All news about Ecuador At a Glance 2020 Projected Real GDP (% Change) : -11.0 CSV XML EXCEL. Though Ecuador real GDP growth fluctuated substantially in recent years, it tended to decrease through 2000 - 2019 period ending at 0.1 % in 2019. Country $ 60bn the CORREA administration to cut government oulays in 2020-21 figures for GDP are converted from domestic using! In 2018 of exports to overall GDP in PPP for 2019 was $ 6,184, a 1.33 increase... Websites and blogs are the lifeblood of our site and are our primary source of new traffic demand, back! Divided by midyear population cut government oulays are converted from domestic currencies using single year official exchange rates in. Gdp value of Ecuador represents 0.09 percent of the world economy creditors and a new arrangement! 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