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 (%) | 35.0 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
| Armenia (%) | -32.8 2019 | yearly | 2006 - 2019 |
| Australia (%) | -11.6 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| 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 (%) | 19.2 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| 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 (%) | 7.6 Oct 2024 | monthly | Jan 1947 - Oct 2024 |
| Chile (%) | 10.1 Oct 2024 | monthly | Jan 2010 - Oct 2024 |
| China (%) | 7.0 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Colombia (%) | 38.4 Oct 2024 | monthly | Jan 2004 - Oct 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 (%) | -11.9 Nov 2024 | monthly | Jan 1990 - Nov 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 (%) | -5.2 Nov 2024 | monthly | Jan 1992 - Nov 2024 |
| Jordan (%) | 3.6 2019 | yearly | 2006 - 2019 |
| Kazakhstan (%) | 70.9 2023 | yearly | 2006 - 2023 |
| Kenya (%) | -23.9 2019 | yearly | 2006 - 2019 |
| South Korea (%) | 4.9 Oct 2024 | monthly | Jan 1995 - Oct 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 (%) | -7.8 Nov 2024 | monthly | Jul 1995 - Nov 2024 |
| Malta (%) | -6.1 2019 | yearly | 2006 - 2019 |
| Mauritius (%) | 3.0 2019 | yearly | 2006 - 2019 |
| Mexico (%) | 7.5 Oct 2024 | monthly | Jan 1996 - Oct 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 (%) | -9.5 2023 | yearly | 1976 - 2023 |
| Nigeria (%) | -42.4 2019 | yearly | 2006 - 2019 |
| Norway (%) | -21.9 2023 | yearly | 2006 - 2023 |
| Oman (%) | -0.2 2019 | yearly | 2006 - 2019 |
| Pakistan (%) | 115.5 Oct 2024 | monthly | Jul 2006 - Oct 2024 |
| Palestinian Territory (%) | -25.3 2019 | yearly | 2006 - 2019 |
| Panama (%) | -3.1 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Paraguay (%) | -15.0 2019 | yearly | 2006 - 2019 |
| Peru (%) | 1.9 2023 | yearly | 2006 - 2023 |
| Philippines (%) | 4.9 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| Poland (%) | 11.4 2023 | yearly | 2006 - 2023 |
| Portugal (%) | 10.0 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Qatar (%) | 0.1 2019 | yearly | 2006 - 2019 |
| Romania (%) | 13.3 2023 | yearly | 2006 - 2023 |
| Russia (%) | 16.7 Nov 2024 | monthly | Jan 2009 - Nov 2024 |
| 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 (%) | 5.5 Oct 2024 | monthly | Jan 2004 - Oct 2024 |
| 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 (%) | -8.1 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
| Tajikistan (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Thailand (%) | -36.1 Oct 2024 | monthly | Dec 1992 - Oct 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 (%) | -1.8 Jun 2024 | quarterly | Dec 2000 - Jun 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 (%) | 15.5 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| National Government Debt (USD mn) | 82,672.4 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Government Debt: % of GDP (%) | 66.9 Jun 2024 | quarterly | Dec 2005 - Jun 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: Expenditure excl Amortization (USD mn) | 1,730.269 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Central Government: Revenue (USD mn) | 1,769.562 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Central Government: Finance (USD mn) | -39.293 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Central Government: Balance (USD mn) | 39.293 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.962 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 400.5 Oct 2024 | monthly | Mar 1992 - Oct 2024 |
| Total Exports (USD mn) | 2,528.2 Apr 2023 | monthly | Jan 1965 - Apr 2023 |
| Total Exports Growth (%) | 9.1 Oct 2024 | monthly | Jan 1966 - Oct 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) | 2,621.8 Oct 2024 | monthly | Jan 1957 - Oct 2024 |
| Total Imports Growth (%) | -5.9 Oct 2024 | monthly | Jan 1958 - Oct 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) | 489.356 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Total Imports from USA (USD mn) | 739.310 Oct 2024 | monthly | Jan 1973 - Oct 2024 |
| Total Exports to China (USD mn) | 375.499 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Total Imports from China (USD mn) | 698.021 Oct 2024 | monthly | May 1992 - Oct 2024 |
| Terms of Trade Index: 2007=100 (2007=100) | 96.787 Oct 2024 | monthly | Jan 2014 - Oct 2024 |
| BCE Forecast: Trade Balance: 2018=100 (USD mn) | 3,097.200 2025 | yearly | 2024 - 2025 |
| BCE Forecast: Exports: fob: 2018=100 (USD th) | 31,848,323.000 2025 | yearly | 2024 - 2025 |
| 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 |
| 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) | 2,407.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Current Account Balance: % of GDP (%) | 7.9 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 41.8 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Foreign Direct Investment: % of GDP (%) | 0.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | -55.121 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -0.2 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.2 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -55.352 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| External Debt (USD mn) | 59,250.8 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| External Debt: % of GDP (%) | 49.6 2023 | yearly | 1970 - 2023 |
| External Debt: Short Term (USD mn) | 763.5 Jun 2024 | quarterly | Mar 2004 - Jun 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) | -19,735,132,923.143 Jun 2024 | quarterly | Mar 2016 - Jun 2024 |
| BoP: CA: Goods & Services: Services (USD mn) | -533.482 Jun 2024 | quarterly | Mar 2016 - Jun 2024 |
| BoP: CA: Goods & Services: Goods (USD mn) | 2,068.720 Jun 2024 | quarterly | Mar 2016 - Jun 2024 |
| Gross External Debt: Long Term (USD mn) | 57,407.976 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Gross External Debt (USD mn) | 58,907.820 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Foreign Direct Investment: BPM6 (USD th) | 41,849.299 Jun 2024 | quarterly | Mar 2016 - Jun 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 (%) | 5.9 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Household Debt: % of GDP (%) | 17.2 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| Non-Performing Loans (USD mn) | 3,885.346 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Money Supply M1 (USD mn) | 30,432.593 Oct 2024 | monthly | Dec 2006 - Oct 2024 |
| Money Supply M2 (USD mn) | 85,874.271 Oct 2024 | monthly | Dec 2006 - Oct 2024 |
| M2 Growth (%) | 10.1 Oct 2024 | monthly | Dec 2007 - Oct 2024 |
| Reserve Requirement Ratio (%) | 2.0 Aug 2022 | monthly | Dec 2009 - Aug 2022 |
| Foreign Exchange Reserves (USD mn) | 5,357.5 Nov 2024 | monthly | Dec 1956 - Nov 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 4.210 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.3 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Gold Reserves (USD mn) | 2,240.039 Nov 2024 | monthly | Dec 1956 - Nov 2024 |
| Total Deposits (USD mn) | 65,919.329 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Total Deposits Growth (%) | 12.6 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Domestic Credit (USD mn) | 72,775.1 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Domestic Credit Growth (%) | 4.6 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Household Debt (USD mn) | 21,552.2 Oct 2024 | monthly | Oct 2006 - Oct 2024 |
| Total Loans (USD mn) | 65,150.833 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Total Loans Growth (%) | 4.97 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 54.45 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -9.0 Oct 2024 | monthly | Feb 2011 - Oct 2024 |
More Indicators for Ecuador
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