Ecuador Business Confidence Growth

2011 - 2024 | Monthly | % Point | CEIC Data

Key information about Ecuador Business Confidence Growth

  • Ecuador Business Confidence grew 0.4 % in Mar 2024, compared with an increase of 17.8 % YoY in the previous month.
  • Ecuador Business Confidence: YoY Change is updated monthly, available from Feb 2011 to Mar 2024, with an averaged rate of -0.4 %.
  • The data reached an all-high of 40.0 % in Mar 2021 and a record low of -36.5 % in Mar 2020.

CEIC calculates Business Confidence Change from monthly Economic Expectation Index. The Central Bank of Ecuador provides Economic Expectation Index with range from 0 to 100 with neutral point 50. Business Confidence covers Manufacturing sector only.

View Ecuador's Business Confidence Growth from Feb 2011 to Mar 2024 in the chart:

Ecuador Business Confidence Growth

What was Ecuador's Business Confidence Growth in Mar 2024?

Ecuador Business Confidence grew 0.4 % in Mar 2024, compared with an increase of 17.8 % YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
0.4 Mar 2024 17.8 Feb 2024 -36.5 Mar 2020 40.0 Mar 2021 % Point monthly Feb 2011 - Mar 2024

Business Confidence Growth by Country Comparison

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Includes Business Confidence Growth on 72 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (% Point) -3.1 Mar 2024 quarterly Jun 2017 - Mar 2024
Armenia (% Point) -3.7 Jun 2016 quarterly Sep 2006 - Jun 2016
Australia (% Point) 2.0 Mar 2024 monthly Jul 2013 - Mar 2024
Austria (% Point) -15.0 Mar 2024 monthly Jan 1986 - Mar 2024
Belarus (% Point) -9.6 Aug 2014 monthly Dec 2006 - Aug 2014
Belgium (% Point) -4.4 Apr 2024 monthly Jan 1981 - Apr 2024
Brazil (% Point) 5.6 Apr 2024 monthly Jan 2010 - Apr 2024
Bulgaria (% Point) 1.3 Apr 2024 monthly Jan 1994 - Apr 2024
Canada (% Point) 12.4 Apr 2024 monthly Dec 2001 - Apr 2024
Chile (% Point) 6.4 Mar 2024 monthly Nov 2004 - Mar 2024
China (% Point) 2.4 Apr 2024 monthly Jan 2006 - Apr 2024
Colombia (% Point) -6.1 Mar 2024 monthly Jan 1981 - Mar 2024
Croatia (% Point) -7.6 Apr 2024 monthly May 2009 - Apr 2024
Cyprus (% Point) -5.7 Apr 2024 monthly May 2003 - Apr 2024
Czech Republic (% Point) -8.0 Apr 2024 monthly Mar 1994 - Apr 2024
Denmark (% Point) 10.0 Apr 2024 monthly Jan 1999 - Apr 2024
Ecuador (% Point) 0.4 Mar 2024 monthly Feb 2011 - Mar 2024
Estonia (% Point) -4.4 Apr 2024 monthly May 2002 - Apr 2024
European Union (% Point) -5.8 Apr 2024 monthly Jan 1986 - Apr 2024
Finland (% Point) -3.7 Apr 2024 monthly Jan 1994 - Apr 2024
France (% Point) 3.2 Apr 2024 monthly Jan 1986 - Apr 2024
Georgia (% Point) -21.8 Mar 2024 quarterly Dec 2014 - Mar 2024
Germany (% Point) -13.8 Apr 2024 monthly Jan 1992 - Apr 2024
Ghana (%) 22.8 Feb 2024 monthly Dec 2013 - Feb 2024
Greece (% Point) -0.3 Apr 2024 monthly Jan 1986 - Apr 2024
Hong Kong SAR, China (% Point) -13.0 Jun 2024 quarterly Mar 2009 - Jun 2024
Hungary (% Point) 0.2 Apr 2024 monthly Jan 1997 - Apr 2024
Iceland (% Point) 28.7 Mar 2024 quarterly Dec 2003 - Mar 2024
India (% Point) 0.8 Jun 2024 quarterly Jun 2001 - Jun 2024
Indonesia (% Point) 3.8 Jun 2024 quarterly Mar 2011 - Jun 2024
Israel (% Point) -0.6 Apr 2024 monthly Jan 2016 - Apr 2024
Italy (% Point) -5.1 Apr 2024 monthly Jan 1986 - Apr 2024
Japan (% Point) 7.0 Jun 2024 quarterly Mar 2001 - Jun 2024
Kazakhstan (% Point) -2.0 Jun 2023 quarterly Mar 2009 - Jun 2023
South Korea (% Point) 2.0 May 2024 monthly Feb 2004 - May 2024
Latvia (% Point) -6.9 May 2023 monthly Apr 1994 - May 2023
Lithuania (% Point) 11.5 Apr 2024 monthly Apr 2004 - Apr 2024
Luxembourg (% Point) -1.1 Apr 2024 monthly Jan 1986 - Apr 2024
North Macedonia (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022
Malaysia (% Point) 3.1 Dec 2023 quarterly Mar 2004 - Dec 2023
Malta (% Point) -17.8 Mar 2024 monthly Nov 2003 - Mar 2024
Mauritius (% Point) -9.1 Jun 2019 quarterly Mar 2011 - Jun 2019
Mexico (% Point) 2.3 Apr 2024 monthly Jan 2005 - Apr 2024
Mozambique (% Point) 8.9 Jun 2021 monthly Jan 2005 - Jun 2021
Netherlands (% Point) -3.3 Apr 2024 monthly Jan 1986 - Apr 2024
New Zealand (% Point) -7.4 May 2023 monthly Aug 2003 - May 2023
Nigeria (% Point) -0.6 Nov 2023 monthly Jul 2015 - Nov 2023
Norway (% Point) 2.8 Apr 2024 monthly Feb 2005 - Apr 2024
Palestinian Territory (% Point) -27.0 Mar 2024 monthly Apr 2014 - Mar 2024
Peru (% Point) 12.1 Apr 2024 monthly Apr 2003 - Apr 2024
Philippines (% Point) 4.3 Mar 2024 quarterly Jun 2002 - Mar 2024
Poland (% Point) -2.7 May 2023 monthly Jul 2006 - May 2023
Portugal (% Point) -1.1 Apr 2024 monthly Jan 1988 - Apr 2024
Qatar (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
Romania (% Point) 1.0 Apr 2024 monthly Jul 1992 - Apr 2024
Russia (% Point) 2.0 Mar 2024 monthly Jan 2006 - Mar 2024
Serbia (% Point) 2.3 Apr 2024 monthly May 2014 - Apr 2024
Singapore (% Point) 1.6 Apr 2024 monthly Jan 2000 - Apr 2024
Slovakia (% Point) -4.0 Apr 2024 monthly Jan 1994 - Apr 2024
Slovenia (% Point) 1.0 Apr 2024 monthly May 1996 - Apr 2024
South Africa (% Point) 7.6 Apr 2024 monthly Sep 2000 - Apr 2024
Spain (% Point) -2.8 Apr 2024 monthly Jan 1994 - Apr 2024
Sri Lanka (% Point) -8.2 May 2023 monthly May 2016 - May 2023
Sweden (% Point) 12.0 Apr 2024 monthly Jan 2002 - Apr 2024
Switzerland (% Point) -7.8 Apr 2024 monthly Jan 1996 - Apr 2024
Taiwan (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Thailand (% Point) -5.6 Apr 2024 monthly Feb 2000 - Apr 2024
Turkey (% Point) -1.6 Apr 2024 monthly Jan 2008 - Apr 2024
Ukraine (% Point) 22.3 Dec 2023 quarterly Sep 2013 - Dec 2023
United Kingdom (% Point) 8.4 Dec 2020 monthly Jan 1986 - Dec 2020
United States (% Point) 4.4 Apr 2024 monthly Jan 1949 - Apr 2024
Uruguay (% Point) 4.9 Feb 2024 monthly Oct 1999 - Feb 2024

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Ecuador Key Series

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Includes 186 key indicators for Ecuador, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.6 Dec 2023 quarterly Dec 2000 - Dec 2023
Consolidated Fiscal Balance (USD mn) -3,149.723 Dec 2023 quarterly Mar 2000 - Dec 2023
Tax Revenue (USD mn) 3,251.591 Dec 2023 quarterly Mar 2000 - Dec 2023
Tax Revenue: % of GDP (%) 10.4 Dec 2023 quarterly Mar 2000 - Dec 2023
National Government Debt (USD mn) 79,608.5 Dec 2023 quarterly Dec 2005 - Dec 2023
Government Debt: % of GDP (%) 67.0 Dec 2023 quarterly Dec 2005 - Dec 2023
Forecast: Government Expenditure (USD bn) 49.173 2028 yearly 1995 - 2028
Forecast: Government Net Debt (USD bn) 68.494 2028 yearly 2001 - 2028
Forecast: Government Revenue (USD bn) 48.725 2028 yearly 1995 - 2028
Central Government: Finance (USD mn) -166.298 Mar 2024 monthly Jan 2006 - Mar 2024
Central Government: Balance (USD mn) 166.298 Mar 2024 monthly Jan 2006 - Mar 2024
Central Government: Expenditure excl Amortization (USD mn) 1,439.269 Mar 2024 monthly Jan 2006 - Mar 2024
Central Government: Revenue (USD mn) 1,605.568 Mar 2024 monthly Jan 2006 - Mar 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.962 2028 yearly 1980 - 2028
Trade Balance (USD mn) 678.9 Feb 2024 monthly Mar 1992 - Feb 2024
Total Exports (USD mn) 2,528.2 Apr 2023 monthly Jan 1965 - Apr 2023
Total Exports Growth (%) 5.8 Feb 2024 monthly Jan 1966 - Feb 2024
Aluminum: Exports (USD th) 65,385.575 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 24,074.538 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 6,882.325 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,101.1 Feb 2024 monthly Jan 1957 - Feb 2024
Total Imports Growth (%) -13.6 Feb 2024 monthly Jan 1958 - Feb 2024
Imports: Medicament (USD th) 958,068.888 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 529,529.069 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 602.367 Feb 2024 monthly Jan 2007 - Feb 2024
Total Imports from USA (USD mn) 426.736 Feb 2024 monthly Jan 1973 - Feb 2024
Total Exports to China (USD mn) 293.108 Feb 2024 monthly Jan 2007 - Feb 2024
Total Imports from China (USD mn) 477.216 Feb 2024 monthly May 1992 - Feb 2024
Terms of Trade Index: 2007=100 (2007=100) 98.162 Feb 2024 monthly Jan 2014 - Feb 2024
BCE Forecast: Trade Balance: 2018=100 (USD mn) 1,624.994 2024 yearly 2024 - 2024
Exports: FOB: Petroleum: Crude Petroleum (USD th) 684,286.538 Feb 2024 monthly Jan 2005 - Feb 2024
Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) 347,632.603 Feb 2024 monthly Jan 2005 - Feb 2024
BCE Forecast: Exports: fob: 2018=100 (USD th) 34,410,658.000 2024 yearly 2024 - 2024
Exports: FOB: America: United States (USD mn) 602.367 Feb 2024 monthly Jan 2007 - Feb 2024
Exports: FOB: America: ALADI: Panama (USD mn) 514.061 Feb 2024 monthly Jan 2012 - Feb 2024
Exports: FOB: Asia: People's Republic of China (USD mn) 293.108 Feb 2024 monthly Jan 2007 - Feb 2024
BCE Forecast: Imports: fob: 2018=100 (USD th) 32,785,664.000 2024 yearly 2024 - 2024
Imports: CIF: Consumer Goods: Non Durable (USD th) 269,205.022 Feb 2024 monthly Jan 2005 - Feb 2024
Imports: CIF: Fuels And Lubricants (USD th) 469,016.611 Feb 2024 monthly Jan 2005 - Feb 2024
Imports: CIF: America: ALADI: Panama (USD mn) 8.696 Feb 2024 monthly Mar 2019 - Feb 2024
Imports: CIF: Asia: People's Republic of China (USD mn) 324.160 Jan 2020 monthly Jan 2010 - Jan 2020
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 522.8 Dec 2023 quarterly Mar 1993 - Dec 2023
Current Account Balance: % of GDP (%) 1.7 Dec 2023 quarterly Mar 1993 - Dec 2023
Foreign Direct Investment (USD mn) 87.4 Dec 2023 quarterly Mar 1993 - Dec 2023
Foreign Direct Investment: % of GDP (%) 0.3 Dec 2023 quarterly Mar 1993 - Dec 2023
Foreign Portfolio Investment (USD mn) -1.947 Dec 2023 quarterly Mar 1999 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -0.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 1.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -2.923 Dec 2023 quarterly Mar 1999 - Dec 2023
External Debt (USD mn) 57,327.9 Feb 2024 monthly Jan 1994 - Feb 2024
External Debt: % of GDP (%) 49.0 2023 yearly 1970 - 2023
External Debt: Short Term (USD mn) 1,197.6 Dec 2023 quarterly Mar 2004 - Dec 2023
External Debt: Short Term: % of GDP (%) 1.0 2023 yearly 1970 - 2023
Forecast: Current Account Balance (USD bn) 1.810 2029 yearly 1980 - 2029
Net International Investment Position (USD) -23,519,416,668.955 Dec 2023 quarterly Mar 2016 - Dec 2023
BoP: CA: Goods & Services: Services (USD mn) -473.931 Dec 2023 quarterly Mar 2016 - Dec 2023
BoP: CA: Goods & Services: Goods (USD mn) 265.252 Dec 2023 quarterly Mar 2016 - Dec 2023
Gross External Debt: Long Term (USD mn) 57,533.038 Dec 2023 quarterly Mar 2004 - Dec 2023
Gross External Debt (USD mn) 59,480.153 Dec 2023 quarterly Mar 2004 - Dec 2023
External Debt: Private (USD mn) 10,133.476 Feb 2024 monthly Jan 1994 - Feb 2024
External Debt: Public (USD mn) 47,194.427 Feb 2024 monthly Jan 1994 - Feb 2024
Foreign Direct Investment: BPM6 (USD th) 87,448.549 Dec 2023 quarterly Mar 2016 - Dec 2023
Foreign Direct Investment: Europe: Spain (USD th) 88,442.667 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Asia: China (USD th) 12,350.723 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Europe: Netherlands (USD th) 23,806.340 Dec 2018 quarterly Mar 2002 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.8 Mar 2024 monthly Jan 2006 - Mar 2024
Household Debt: % of GDP (%) 16.8 Dec 2023 quarterly Dec 2006 - Dec 2023
Non-Performing Loans (USD mn) 3,707.761 Mar 2024 monthly Jan 2006 - Mar 2024
Money Supply M1 (USD mn) 29,922.628 Feb 2024 monthly Dec 2006 - Feb 2024
Money Supply M2 (USD mn) 80,099.186 Feb 2024 monthly Dec 2006 - Feb 2024
M2 Growth (%) 6.3 Feb 2024 monthly Dec 2007 - Feb 2024
Reserve Requirement Ratio (%) 2.0 Aug 2022 monthly Dec 2009 - Aug 2022
Foreign Exchange Reserves (USD mn) 3,852.5 Apr 2024 monthly Dec 1956 - Apr 2024
Foreign Exchange Reserves: % of GDP (%) 2.232 Dec 2023 quarterly Dec 2000 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 1.6 Feb 2024 monthly Jan 2005 - Feb 2024
Gold Reserves (USD mn) 1,949.329 Apr 2024 monthly Dec 1956 - Apr 2024
Total Deposits (USD mn) 61,110.129 Mar 2024 monthly Jan 2006 - Mar 2024
Total Deposits Growth (%) 5.9 Mar 2024 monthly Jan 2007 - Mar 2024
Domestic Credit (USD mn) 71,539.4 Mar 2024 monthly Jan 2006 - Mar 2024
Domestic Credit Growth (%) 8.9 Mar 2024 monthly Jan 2007 - Mar 2024
Household Debt (USD mn) 20,338.4 Mar 2024 monthly Oct 2006 - Mar 2024
Total Loans (USD mn) 63,299.028 Mar 2024 monthly Jan 2006 - Mar 2024
Total Loans Growth (%) 8.10 Mar 2024 monthly Jan 2007 - Mar 2024
Private Debt: % of Nominal GDP (%) 53.84 Dec 2023 quarterly Mar 2004 - Dec 2023
International Reserve: Net Currency Position (USD mn) 3,852.498 Apr 2024 monthly Jan 2004 - Apr 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 0.4 Mar 2024 monthly Feb 2011 - Mar 2024
Business Confidence Index: Commerce (May2007=100) 2,200.300 Dec 2022 monthly May 2007 - Dec 2022
Business Confidence Index: Global (May2007=100) 1,694.300 Dec 2022 monthly May 2007 - Dec 2022
Business Confidence Index: Construction (May2007=100) 478.600 Dec 2022 monthly May 2007 - Dec 2022
Business Confidence Index: Services (May2007=100) 1,444.800 Dec 2022 monthly May 2007 - Dec 2022
Business Confidence Index: Industry (May2007=100) 2,662.600 Dec 2022 monthly May 2007 - Dec 2022

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