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Indicators of economy in Ecuador

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Ecuador reached 6.184 US dollars per inhabitant, or 107.44 bn US Dollar in the whole country. Ecuador is therefore currently ranked 60 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Ecuador is in the list of the world's richest countries in place 110.

Inflation in Ecuador was in 2019 at around 0.27%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 34.80% lower.
The Corruption Perceptions Index for the public sector counts 39 and is compared to other countries bad.


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Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Ecuador
Total
Ecuador
per capita
EU
Total
EU
per capita
GDP107.44 bn USD6,183.82 USD15,626.45 tn USD30,381.17 USD
Gross national product105.72 bn USD6,085.16 USD16,026.52 tn USD31,158.99 USD


Development of the Gross domestic product in billion US Dollar 1979 - 2019



Im- and Exports 2019

 Ecuador
Total
Ecuador
per capita
EU
Total
EU
per capita
Imports25.83 bn USD1,486.81 USD8,073.39 bn USD15,696.41 USD
Exports26.09 bn USD1,501.91 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in billion US dollars 1979 - 2019

Exports
Imports



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