Ecuador Public Consumption: % of GDP

1991 - 2024 | Quarterly | % | CEIC Data

Key information about Ecuador Public Consumption: % of GDP

  • Ecuador Public Consumption accounted for 13.7 % of its Nominal GDP in Jun 2024, compared with a share of 14.3 % in the previous quarter.
  • Ecuador Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1991 to Jun 2024, with an average number of 12.1 %.
  • The data reached an all-time high of 19.4 % in Jun 2020 and a record low of 4.9 % in Mar 2000.

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


Related information about Ecuador Public Consumption: % of GDP

  • In the latest reports, Ecuador GDP expanded 0.7 % YoY in Mar 2023.
  • Ecuador Nominal GDP reached 28.9 USD bn in Mar 2023.
  • Its GDP deflator (implicit price deflator) increased 1.9 % in Mar 2023.
  • Ecuador GDP Per Capita reached 5,670.3 USD in Dec 2020.
  • Its Gross Savings Rate was measured at 23.5 % in Jun 2024.
  • For Nominal GDP contributions, Investment accounted for 21.3 % in Mar 2023.
  • Private Consumption accounted for 63.1 % in Mar 2023.

View Ecuador's Public Consumption: % of GDP from Mar 1991 to Jun 2024 in the chart:

Ecuador Public Consumption: % of GDP

What was Ecuador's Public Consumption: % of GDP in Jun 2024?

Ecuador Public Consumption accounted for 13.7 % of its Nominal GDP in Jun 2024, compared with a share of 14.3 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
13.7 Jun 2024 14.3 Mar 2024 4.9 Mar 2000 19.4 Jun 2020 % quarterly Mar 1991 - Jun 2024

Public Consumption: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 9.4 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 16.9 2023 yearly 1950 - 2023
Argentina (%) 14.1 Sep 2024 quarterly Mar 1993 - Sep 2024
Armenia (%) 11.3 Sep 2024 quarterly Dec 1994 - Sep 2024
Australia (%) 20.4 Dec 2022 quarterly Sep 1959 - Dec 2022
Austria (%) 21.8 Sep 2024 quarterly Mar 1988 - Sep 2024
Azerbaijan (%) 17.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Bahrain (%) 13.6 2022 yearly 1975 - 2022
Bangladesh (%) 5.6 2024 yearly 1973 - 2024
Belarus (%) 20.6 Jun 2024 quarterly Mar 1994 - Jun 2024
Belgium (%) 24.4 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (%) 20.4 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (%) 17.8 Jun 2024 quarterly Mar 2008 - Jun 2024
Botswana (%) 30.5 Jun 2024 quarterly Mar 2006 - Jun 2024
Brazil (%) 17.9 Sep 2024 quarterly Mar 1996 - Sep 2024
Brunei (%) 17.6 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (%) 20.8 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (%) 5.9 2022 yearly 1993 - 2022
Canada (%) 20.6 Sep 2024 quarterly Mar 1961 - Sep 2024
Chile (%) 14.9 Sep 2024 quarterly Mar 1996 - Sep 2024
China (%) 16.5 2023 yearly 1952 - 2023
Colombia (%) 13.5 Sep 2024 quarterly Mar 2005 - Sep 2024
Croatia (%) 19.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Cyprus (%) 17.6 Sep 2024 quarterly Mar 1995 - Sep 2024
Czech Republic (%) 22.6 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 22.2 Sep 2024 quarterly Mar 1990 - Sep 2024
Ecuador (%) 13.7 Jun 2024 quarterly Mar 1991 - Jun 2024
Egypt (%) 7.0 Jun 2024 quarterly Sep 2001 - Jun 2024
Estonia (%) 19.5 Sep 2024 quarterly Mar 1993 - Sep 2024
European Union (%) 21.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Finland (%) 23.8 Dec 2022 quarterly Mar 1975 - Dec 2022
France (%) 24.4 Sep 2024 quarterly Mar 1980 - Sep 2024
Georgia (%) 13.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Germany (%) 21.8 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 5.9 2023 yearly 2006 - 2023
Greece (%) 16.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Hong Kong SAR, China (%) 13.7 Dec 2022 quarterly Mar 1973 - Dec 2022
Hungary (%) 19.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Iceland (%) 25.8 Jun 2024 quarterly Mar 1995 - Jun 2024
India (%) 10.1 Sep 2024 quarterly Jun 1996 - Sep 2024
Indonesia (%) 9.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Iran (%) 16.4 Mar 2024 quarterly Jun 1988 - Mar 2024
Ireland (%) 10.1 Sep 2024 quarterly Mar 1995 - Sep 2024
Israel (%) 24.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Italy (%) 16.5 Sep 2024 quarterly Mar 1980 - Sep 2024
Ivory Coast (%) 10.3 2023 yearly 1960 - 2023
Japan (%) 20.4 Mar 2023 quarterly Mar 1980 - Mar 2023
Jordan (%) 18.3 2023 yearly 1963 - 2023
Kazakhstan (%) 8.7 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 11.9 2023 yearly 1960 - 2023
South Korea (%) 16.6 Sep 2024 quarterly Mar 1960 - Sep 2024
Kosovo (%) 13.0 Dec 2022 quarterly Mar 2010 - Dec 2022
Kuwait (%) 20.7 2022 yearly 1962 - 2022
Kyrgyzstan (%) 17.9 Dec 2022 quarterly Mar 2000 - Dec 2022
Laos (%) 14.0 2016 yearly 2000 - 2016
Latvia (%) 21.0 Jun 2024 quarterly Mar 1992 - Jun 2024
Lebanon (%) 6.8 2021 yearly 1990 - 2021
Lithuania (%) 15.4 Sep 2024 quarterly Mar 1993 - Sep 2024
Luxembourg (%) 18.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Macau SAR, China (%) 11.3 Sep 2024 quarterly Mar 1998 - Sep 2024
North Macedonia (%) 18.1 Jun 2024 quarterly Mar 2000 - Jun 2024
Malawi (%) 13.9 2019 yearly 1960 - 2019
Malaysia (%) 11.4 Sep 2024 quarterly Mar 1991 - Sep 2024
Malta (%) 16.1 Sep 2024 quarterly Mar 1992 - Sep 2024
Mauritius (%) 14.5 Jun 2024 quarterly Mar 1999 - Jun 2024
Mexico (%) 11.3 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (%) 13.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Mongolia (%) 20.1 Dec 2022 quarterly Mar 2010 - Dec 2022
Montenegro (%) 13.8 Sep 2022 quarterly Mar 2010 - Sep 2022
Morocco (%) 19.1 Jun 2024 quarterly Mar 2007 - Jun 2024
Mozambique (%) 17.2 2023 yearly 1963 - 2022
Nepal (%) 6.3 2024 yearly 1975 - 2024
Netherlands (%) 24.3 Mar 2023 quarterly Mar 1977 - Mar 2023
New Zealand (%) 23.0 Jun 2024 quarterly Jun 1987 - Jun 2024
Nigeria (%) 4.3 2023 yearly 1981 - 2023
Norway (%) 23.7 Sep 2024 quarterly Mar 1978 - Sep 2024
Oman (%) 18.5 2023 yearly 1980 - 2023
Pakistan (%) 8.7 2024 yearly 1960 - 2024
Palestinian Territory (%) 20.9 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (%) 13.7 2021 yearly 1996 - 2021
Paraguay (%) 12.0 Jun 2024 quarterly Mar 1994 - Jun 2024
Peru (%) 12.9 Sep 2024 quarterly Mar 1980 - Sep 2024
Philippines (%) 13.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (%) 20.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (%) 20.4 Dec 2022 quarterly Mar 1995 - Dec 2022
Qatar (%) 13.1 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 15.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Russia (%) 17.5 Dec 2022 quarterly Mar 1993 - Dec 2022
Saudi Arabia (%) 23.7 Jun 2024 quarterly Mar 2003 - Jun 2024
Serbia (%) 17.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Singapore (%) 10.2 2023 yearly 1960 - 2023
Slovakia (%) 24.6 Dec 2022 quarterly Mar 1990 - Dec 2022
Slovenia (%) 19.9 Sep 2024 quarterly Mar 1995 - Sep 2024
South Africa (%) 19.3 Sep 2024 quarterly Mar 1960 - Sep 2024
Spain (%) 19.2 Mar 2023 quarterly Mar 1980 - Mar 2023
Sri Lanka (%) 5.9 Mar 2023 quarterly Mar 2010 - Mar 2023
Sudan (%) 16.2 2023 yearly 1960 - 2023
Sweden (%) 25.8 Dec 2022 quarterly Mar 1980 - Dec 2022
Switzerland (%) 11.7 Sep 2024 quarterly Mar 1980 - Sep 2024
Syria (%) 2.7 2022 yearly 1963 - 2022

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Ecuador 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: 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
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
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
Import Value Index (2015=100) 119.376 2021 yearly 1980 - 2021
Export Value Index (2015=100) 145.654 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 (USD mn) 58,907.820 Jun 2024 quarterly Mar 2004 - Jun 2024
Gross External Debt: Long Term (USD mn) 57,407.976 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: 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 (%) 5.9 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

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