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Ecuador Real GDPEE

Ecuador Real GDP

28.43 BUSDR
+354.41 M
USD
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ECGDPCP chart



Key data points


Last release
—
Observation period
Q4 2024
Next release
—
Forecast
—
Highest
‪29.64 B‬ USD on Jun 30, 2023
Lowest
‪12.52 B‬ USD on Mar 31, 2000

About Ecuador Real GDP


Category
GDP
Source
Central Bank
Frequency
Quarterly
Units
USD

Ecuador in figures — see more economic indicators tied to ECGDPCP.
ECGDP
R
GDP
118.85 BUSD
ECGDPA
R
GDP From Agriculture
1.98 BUSD
ECGDPC
R
GDP From Construction
980.17 MUSD
ECGDPCP
R
Real GDP
28.43 BUSD
ECGDPMAN
R
GDP From Manufacturing
3.55 BUSD
ECGDPMIN
R
GDP From Mining
2.1 BUSD
ECGDPPA
R
GDP From Public Administration
1.88 BUSD
ECGDPPC
R
GDP Per Capita
6.24 KUSD
ECGDPPCP
R
GDP Per Capita PPP
14.47 KUSD
ECGDPQQ
R
GDP Growth Rate
1.26%
ECGDPS
R
GDP From Services
17.2 BUSD
ECGDPT
R
GDP From Transport
1.5 BUSD
ECGDPU
R
GDP From Utilities
464.21 MUSD
ECGDPYY
R
GDP Growth
−0.9%
ECGFCF
R
Gross Fixed Capital Formation
5.29 BUSD

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Ecuador Real GDP was 28.43 B USD, and the quarter before it reached 28.07 B USD.