Ecuador Current Account Balance: % of GDP

Key information about Ecuador Current Account Balance: % of GDP

• Ecuador Current Account surplus accounted for 4.8 % of the country's Nominal GDP in Sep 2024, compared with a 7.6 % surplus in the previous quarter.
• Ecuador Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1993 to Sep 2024, with an average value of -0.2 %.
• The data reached an all-time high of 12.7 % in Mar 2000 and a record low of -15.5 % in Sep 1998.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Central Bank of Ecuador provides Current Account Balance in USD and Nominal GDP in USD. Current Account Balance as % of Nominal GDP prior to Q1 2016 is calculated from Current Account Balance based on BPM5 and Nominal GDP based on SNA 2008. Current Account Balance as % of Nominal GDP prior to Q1 2000 is calculated from Current Account Balance and Nominal GDP, both sourced from the International Monetary Fund.


Key information about Ecuador Current Account Balance: % of GDP

• In the latest reports of Ecuador, Current Account recorded a surplus of 1.5 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 73.6 USD mn in Sep 2024.
• Its Foreign Portfolio Investment fell by 24.3 USD mn in Sep 2024.
• The country's Nominal GDP was reported at 28.9 USD bn in Mar 2023.

View Ecuador's Current Account Balance: % of GDP from Mar 1993 to Sep 2024 in the chart:

What was Ecuador's Current Account Balance: % of GDP in Sep 2024?

Ecuador Current Account surplus accounted for 4.8 % of the country's Nominal GDP in Sep 2024, compared with a 7.6 % surplus in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
4.8 Sep 2024	7.6 Jun 2024	-15.5 Sep 1998	12.7 Mar 2000	%	quarterly	Mar 1993 - Sep 2024

Current Account Balance: % of GDP by Country Comparison

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