Ecuador Public Consumption: % of GDP
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:
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 (%) | 12.9 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Bahrain (%) | 14.6 2023 | yearly | 1975 - 2023 |
Bangladesh (%) | 5.6 2024 | yearly | 1973 - 2024 |
Belarus (%) | 16.3 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
Belgium (%) | 24.4 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Bolivia (%) | 20.4 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Bosnia and Herzegovina (%) | 17.1 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
Botswana (%) | 33.6 Sep 2024 | quarterly | Mar 2006 - Sep 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 (%) | 17.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (%) | 22.3 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
Ecuador (%) | 13.7 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Egypt (%) | 4.9 Sep 2024 | quarterly | Sep 2001 - Sep 2024 |
Estonia (%) | 19.5 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
European Union (%) | 20.8 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
France (%) | 24.4 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Georgia (%) | 12.0 Sep 2024 | quarterly | Mar 1996 - Sep 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 (%) | 24.1 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 (%) | 19.9 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
Lebanon (%) | 6.8 2021 | yearly | 1990 - 2021 |
Lithuania (%) | 15.6 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Luxembourg (%) | 19.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Macau SAR, China (%) | 11.3 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
North Macedonia (%) | 16.0 Sep 2024 | quarterly | Mar 2000 - Sep 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 (%) | 14.3 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Mexico (%) | 11.1 Sep 2024 | quarterly | Mar 1993 - Sep 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 (%) | 22.1 Sep 2024 | quarterly | Jun 1987 - Sep 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 (%) | 8.5 2024 | yearly | 1960 - 2024 |
Palestinian Territory (%) | 21.7 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
Paraguay (%) | 13.0 Sep 2024 | quarterly | Mar 1994 - Sep 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 (%) | 23.9 Sep 2024 | quarterly | Mar 2003 - Sep 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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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) | 82,846.8 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: 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 |
Central Government: Expenditure excl Amortization (USD mn) | 1,730.269 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) | 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 (%) | -0.2 Jun 2024 | quarterly | Mar 1999 - Jun 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) | 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) | 986.1 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
External Debt: Short Term: % of GDP (%) | 1.6 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: Goods (USD mn) | 1,405.024 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
BoP: CA: Goods & Services: Services (USD mn) | -688.520 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 |
Foreign Direct Investment: BPM6 (USD th) | 73,581.424 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
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 |
Foreign Direct Investment: Europe: Spain (USD th) | 88,442.667 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 5.9 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
Household Debt: % of GDP (%) | 17.2 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
Non-Performing Loans (USD mn) | 3,873.587 Nov 2024 | monthly | Jan 2006 - Nov 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) | 4,638.8 Dec 2024 | monthly | Dec 1956 - Dec 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) | 2,204.592 Dec 2024 | monthly | Dec 1956 - Dec 2024 |
Total Deposits (USD mn) | 66,610.476 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
Total Deposits Growth (%) | 12.9 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
Domestic Credit (USD mn) | 74,025.7 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
Domestic Credit Growth (%) | 6.0 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
Household Debt (USD mn) | 21,809.4 Nov 2024 | monthly | Oct 2006 - Nov 2024 |
Total Loans (USD mn) | 65,791.871 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
Total Loans Growth (%) | 5.15 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
Private Debt: % of Nominal GDP (%) | 54.45 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
International Reserve: Net Currency Position (USD mn) | 4,638.846 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | 5.7 Nov 2024 | monthly | Feb 2011 - Nov 2024 |
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