Ecuador Private Consumption: % of GDP

Key information about Ecuador Private Consumption: % of GDP

• Ecuador Private Consumption accounted for 63.1 % of its Nominal GDP in Mar 2023, compared with a ratio of 62.8 % in the previous quarter.
• Ecuador Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1991 to Mar 2023, with an average share of 64.4 %.
• The data reached an all-time high of 74.4 % in Dec 2001 and a record low of 58.4 % in Jun 2014.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Central Bank of Ecuador provides Private Consumption Expenditure in USD and Nominal GDP in USD. Private Consumption as % of Nominal GDP prior to Q1 2000 is sourced from the International Monetary Fund.


Related information about Ecuador Private Consumption: % of GDP

• In the latest reports, Ecuador GDP expanded 0.7 % YoY in Mar 2023.
• Its Nominal GDP reached 28.9 USD bn in Mar 2023.
• Ecuador GDP Per Capita reached 5,670.3 USD in Dec 2020.
• Its Gross Savings Rate was measured at 21.6 % in Mar 2023.

View Ecuador's Private Consumption: % of GDP from Mar 1991 to Mar 2023 in the chart:

What was Ecuador's Private Consumption: % of GDP in Mar 2023?

Ecuador Private Consumption accounted for 63.1 % of its Nominal GDP in Mar 2023, compared with a ratio of 62.8 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
63.1 Mar 2023	62.8 Dec 2022	58.4 Jun 2014	74.4 Dec 2001	%	quarterly	Mar 1991 - Mar 2023

Private Consumption: % of GDP by Country Comparison

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