Ecuador Motor Vehicles Sales Growth
2006 - 2023 | Yearly | % | CEIC Data
Key information about Ecuador Motor Vehicles Sales Growth
- Ecuador Motor Vehicles Sales dropped 1.6 % in Dec 2023, compared with a growth of 14.9 % in the previous year.
- Ecuador Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2023, with an average growth rate of 0.4 %.
- The data reached an all-time high of 56.3 % in Dec 2017 and a record low of -34.4 % in Dec 2020.
- Car Sales of Ecuador recorded 124,059.0 units in Dec 2023.
CEIC calculates annual Motor Vehicles Sales Growth from semiannual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides year-to-date Motor Vehicles Sales.
View Ecuador's Motor Vehicles Sales Growth from 2006 to 2023 in the chart:
What was Ecuador's Motor Vehicles Sales Growth in 2023?
Ecuador Motor Vehicles Sales dropped 1.6 % in Dec 2023, compared with a growth of 14.9 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.6 2023 | 14.9 2022 | -34.4 2020 | 56.3 2017 | % | yearly | 2006 - 2023 |
Motor Vehicles Sales Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 38.9 2019 | yearly | 2006 - 2019 |
| Algeria (%) | -1.8 2019 | yearly | 2006 - 2019 |
| Argentina (%) | 113.8 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Armenia (%) | -32.8 2019 | yearly | 2006 - 2019 |
| Australia (%) | -3.3 Jan 2025 | monthly | Jan 1995 - Jan 2025 |
| Austria (%) | 14.0 2023 | yearly | 2006 - 2023 |
| Azerbaijan (%) | 67.5 2019 | yearly | 2006 - 2019 |
| Bahrain (%) | -16.0 2019 | yearly | 2006 - 2019 |
| Bangladesh (%) | 5.4 2019 | yearly | 2006 - 2019 |
| Belarus (%) | 20.9 2019 | yearly | 2006 - 2019 |
| Belgium (%) | -6.9 2022 | yearly | 2006 - 2022 |
| Bolivia (%) | -12.1 2019 | yearly | 2006 - 2019 |
| Bosnia and Herzegovina (%) | -52.5 2019 | yearly | 2006 - 2019 |
| Botswana (%) | -87.1 2019 | yearly | 2006 - 2019 |
| Brazil (%) | 6.0 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Brunei (%) | 20.1 Nov 2020 | monthly | Jan 2011 - Nov 2020 |
| Bulgaria (%) | 8.8 2022 | yearly | 2006 - 2022 |
| Cambodia (%) | 12.6 2019 | yearly | 2006 - 2019 |
| Canada (%) | 11.3 Nov 2024 | monthly | Jan 1947 - Nov 2024 |
| Chile (%) | 3.3 Dec 2024 | monthly | Jan 2010 - Dec 2024 |
| China (%) | 10.5 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Colombia (%) | 24.8 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Croatia (%) | 31.2 2023 | yearly | 2006 - 2023 |
| Cyprus (%) | -3.9 2019 | yearly | 2006 - 2019 |
| Czech Republic (%) | 10.2 Dec 2020 | monthly | Jan 2012 - Dec 2020 |
| Denmark (%) | 12.7 2023 | yearly | 2006 - 2023 |
| Ecuador (%) | -1.6 2023 | yearly | 2006 - 2023 |
| Egypt (%) | -50.9 2023 | yearly | 2006 - 2023 |
| Estonia (%) | 18.6 2019 | yearly | 2006 - 2019 |
| Finland (%) | 6.3 2023 | yearly | 2006 - 2023 |
| France (%) | -9.9 2022 | yearly | 2006 - 2022 |
| Georgia (%) | -3.4 2019 | yearly | 2006 - 2019 |
| Germany (%) | -0.3 2022 | yearly | 2006 - 2022 |
| Ghana (%) | -19.4 2019 | yearly | 2006 - 2019 |
| Greece (%) | 25.7 2023 | yearly | 2006 - 2023 |
| Hong Kong SAR, China (%) | -12.8 2019 | yearly | 2006 - 2019 |
| Hungary (%) | 0.1 2023 | yearly | 2006 - 2023 |
| Iceland (%) | -34.2 2019 | yearly | 2006 - 2019 |
| India (%) | 2.8 Mar 2022 | monthly | May 2002 - Mar 2022 |
| Indonesia (%) | -6.4 Dec 2024 | monthly | Jan 1990 - Dec 2024 |
| Iran (%) | -31.7 2019 | yearly | 2006 - 2019 |
| Ireland (%) | 17.4 2023 | yearly | 2006 - 2023 |
| Israel (%) | 24.7 2023 | yearly | 2006 - 2023 |
| Italy (%) | 19.2 2023 | yearly | 2006 - 2023 |
| Ivory Coast (%) | 15.8 2019 | yearly | 2006 - 2019 |
| Japan (%) | 12.4 Jan 2025 | monthly | Jan 1992 - Jan 2025 |
| Jordan (%) | 3.6 2019 | yearly | 2006 - 2019 |
| Kazakhstan (%) | 70.9 2023 | yearly | 2006 - 2023 |
| Kenya (%) | -23.9 2019 | yearly | 2006 - 2019 |
| South Korea (%) | 0.4 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Kuwait (%) | 17.6 2023 | yearly | 2006 - 2023 |
| Kyrgyzstan (%) | -35.8 2019 | yearly | 2006 - 2019 |
| Laos (%) | 16.8 2019 | yearly | 2006 - 2019 |
| Latvia (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Lebanon (%) | -33.8 2019 | yearly | 2006 - 2019 |
| Lithuania (%) | 30.7 2019 | yearly | 2006 - 2019 |
| Luxembourg (%) | 4.4 2019 | yearly | 2006 - 2019 |
| North Macedonia (%) | 5.9 2019 | yearly | 2006 - 2019 |
| Malawi (%) | 1.6 2019 | yearly | 2006 - 2019 |
| Malaysia (%) | 4.2 Dec 2024 | monthly | Jul 1995 - Dec 2024 |
| Malta (%) | -6.1 2019 | yearly | 2006 - 2019 |
| Mauritius (%) | 3.0 2019 | yearly | 2006 - 2019 |
| Mexico (%) | 2.1 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Moldova (%) | 7.7 2019 | yearly | 2006 - 2019 |
| Mongolia (%) | -41.0 2019 | yearly | 2006 - 2019 |
| Morocco (%) | 0.1 2023 | yearly | 2006 - 2023 |
| Myanmar (%) | 43.8 2019 | yearly | 2006 - 2019 |
| Nepal (%) | 3.5 2019 | yearly | 2006 - 2019 |
| Netherlands (%) | 18.9 2023 | yearly | 2006 - 2023 |
| New Zealand (%) | -13.6 2024 | yearly | 1976 - 2024 |
| Nigeria (%) | -42.4 2019 | yearly | 2006 - 2019 |
| Norway (%) | -21.9 2023 | yearly | 2006 - 2023 |
| Oman (%) | -0.2 2019 | yearly | 2006 - 2019 |
| Pakistan (%) | 66.1 Dec 2024 | monthly | Jul 2006 - Dec 2024 |
| Palestinian Territory (%) | -25.3 2019 | yearly | 2006 - 2019 |
| Panama (%) | 7.5 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Paraguay (%) | -15.0 2019 | yearly | 2006 - 2019 |
| Peru (%) | 1.9 2023 | yearly | 2006 - 2023 |
| Philippines (%) | 7.4 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
| Poland (%) | 11.4 2023 | yearly | 2006 - 2023 |
| Portugal (%) | 16.4 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Qatar (%) | 0.1 2019 | yearly | 2006 - 2019 |
| Romania (%) | 13.3 2023 | yearly | 2006 - 2023 |
| Russia (%) | 39.3 Jan 2025 | monthly | Jan 2009 - Jan 2025 |
| Saudi Arabia (%) | 23.1 2023 | yearly | 2006 - 2023 |
| Serbia (%) | 4.5 2019 | yearly | 2006 - 2019 |
| Singapore (%) | 67.3 Sep 2024 | monthly | Jan 2011 - Sep 2024 |
| Slovakia (%) | 13.1 2023 | yearly | 2006 - 2023 |
| Slovenia (%) | -14.9 2022 | yearly | 2006 - 2022 |
| South Africa (%) | 10.4 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Spain (%) | 17.6 2023 | yearly | 2006 - 2023 |
| Sri Lanka (%) | -27.0 2019 | yearly | 2006 - 2019 |
| Sudan (%) | -13.8 2019 | yearly | 2006 - 2019 |
| Sweden (%) | 3.6 2023 | yearly | 2006 - 2023 |
| Switzerland (%) | 12.9 2023 | yearly | 2006 - 2023 |
| Syria (%) | 62.8 2019 | yearly | 2006 - 2019 |
| Taiwan (%) | -27.4 Dec 2024 | monthly | Jan 1998 - Dec 2024 |
| Tajikistan (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Thailand (%) | -21.2 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
| Tunisia (%) | -5.3 2019 | yearly | 2006 - 2019 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doEcuador Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.3 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -868.114 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Tax Revenue (USD mn) | 4,355.023 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Tax Revenue: % of GDP (%) | 14.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| National Government Debt (USD mn) | 82,846.8 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Government Debt: % of GDP (%) | 67.4 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Forecast: Government Expenditure (USD bn) | 51.430 2029 | yearly | 1995 - 2029 |
| Forecast: Government Net Debt (USD bn) | 72.877 2029 | yearly | 2001 - 2029 |
| Forecast: Government Revenue (USD bn) | 52.747 2029 | yearly | 1995 - 2029 |
| Central Government: Finance (USD mn) | 1,205.850 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Central Government: Expenditure excl Amortization (USD mn) | 2,777.894 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Central Government: Revenue (USD mn) | 1,572.044 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Central Government: Balance (USD mn) | -1,205.850 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.962 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 487.9 Nov 2024 | monthly | Mar 1992 - Nov 2024 |
| Total Exports (USD mn) | 2,528.2 Apr 2023 | monthly | Jan 1965 - Apr 2023 |
| Total Exports Growth (%) | 18.5 Nov 2024 | monthly | Jan 1966 - Nov 2024 |
| Aluminum: Exports (USD th) | 73,669.642 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 31,582.671 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 8,971.615 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 2,651.0 Nov 2024 | monthly | Jan 1957 - Nov 2024 |
| Total Imports Growth (%) | -3.6 Nov 2024 | monthly | Jan 1958 - Nov 2024 |
| Imports: Medicament (USD th) | 940,587.785 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 633,025.171 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 528.656 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Total Imports from USA (USD mn) | 893.277 Dec 2024 | monthly | Jan 1973 - Dec 2024 |
| Total Exports to China (USD mn) | 447.691 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Total Imports from China (USD mn) | 602.610 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Terms of Trade Index: 2007=100 (2007=100) | 95.804 Dec 2024 | monthly | Jan 2014 - Dec 2024 |
| BCE Forecast: Trade Balance: 2018=100 (USD mn) | 3,097.200 2025 | yearly | 2024 - 2025 |
| Exports: FOB: Petroleum: Crude Petroleum (USD th) | 585,206.846 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) | 330,692.663 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| BCE Forecast: Exports: fob: 2018=100 (USD th) | 31,848,323.000 2025 | yearly | 2024 - 2025 |
| Exports: FOB: America: United States (USD mn) | 528.656 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Exports: FOB: Asia: People's Republic of China (USD mn) | 447.691 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Exports: FOB: America: ALADI: Panama (USD mn) | 549.766 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| BCE Forecast: Imports: fob: 2018=100 (USD th) | 28,751,123.000 2025 | yearly | 2024 - 2025 |
| Imports: CIF: Asia: People's Republic of China (USD mn) | 324.160 Jan 2020 | monthly | Jan 2010 - Jan 2020 |
| Imports: CIF: Consumer Goods: Non Durable (USD th) | 331,483.999 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Imports: CIF: Fuels And Lubricants (USD th) | 635,447.590 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Imports: CIF: America: ALADI: Panama (USD mn) | 5.008 Nov 2024 | monthly | Mar 2019 - Nov 2024 |
| Export Value Index (2015=100) | 145.654 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 119.376 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | 1,473.3 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Current Account Balance: % of GDP (%) | 4.8 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Foreign Direct Investment (USD mn) | 73.6 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Foreign Direct Investment: % of GDP (%) | 0.2 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Foreign Portfolio Investment (USD mn) | -24.262 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -0.1 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.2 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -24.443 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| External Debt (USD mn) | 58,167.5 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| External Debt: % of GDP (%) | 48.7 2023 | yearly | 1970 - 2023 |
| External Debt: Short Term (USD mn) | 986.1 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| External Debt: Short Term: % of GDP (%) | 1.5 2023 | yearly | 1970 - 2023 |
| Forecast: Current Account Balance (USD bn) | 3.608 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD) | -18,707,079,496.587 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| BoP: CA: Goods & Services: Services (USD mn) | -688.520 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| BoP: CA: Goods & Services: Goods (USD mn) | 1,405.024 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| Gross External Debt (USD mn) | 61,229.061 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Gross External Debt: Long Term (USD mn) | 59,522.334 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| External Debt: Public (USD mn) | 49,399.679 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| External Debt: Private (USD mn) | 8,767.811 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Foreign Direct Investment: BPM6 (USD th) | 73,581.424 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| Foreign Direct Investment: Europe: Spain (USD th) | 88,442.667 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Foreign Direct Investment: Europe: Netherlands (USD th) | 23,806.340 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Foreign Direct Investment: Asia: China (USD th) | 12,350.723 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.3 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Household Debt: % of GDP (%) | 17.4 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Non-Performing Loans (USD mn) | 3,542.798 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Money Supply M1 (USD mn) | 31,044.443 Nov 2024 | monthly | Dec 2006 - Nov 2024 |
| Money Supply M2 (USD mn) | 86,665.568 Nov 2024 | monthly | Dec 2006 - Nov 2024 |
| M2 Growth (%) | 10.6 Nov 2024 | monthly | Dec 2007 - Nov 2024 |
| Reserve Requirement Ratio (%) | 2.0 Aug 2022 | monthly | Dec 2009 - Aug 2022 |
| Foreign Exchange Reserves (USD mn) | 4,869.1 Jan 2025 | monthly | Dec 1956 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 5.127 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.0 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Gold Reserves (USD mn) | 2,376.078 Jan 2025 | monthly | Dec 1956 - Jan 2025 |
| Total Deposits (USD mn) | 68,090.944 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Total Deposits Growth (%) | 12.7 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Domestic Credit (USD mn) | 74,824.0 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Domestic Credit Growth (%) | 5.1 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Household Debt (USD mn) | 21,883.4 Dec 2024 | monthly | Oct 2006 - Dec 2024 |
| Total Loans (USD mn) | 66,189.221 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Total Loans Growth (%) | 5.92 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 54.12 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| International Reserve: Net Currency Position (USD mn) | 4,869.126 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 7.5 Dec 2024 | monthly | Feb 2011 - Dec 2024 |
More Indicators for Ecuador
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