Ecuador
- Capital
- Quito
- Region
- Latin America & Caribbean
- Income group
- Upper middle income
- Population
- 18.3 million (2025)
At a glance
- Prices in Ecuador rose 0.7% in 2025, slower than in most countries.
- Ecuador's economy grew 3.7% in 2025, close to the middle of the range worldwide.
- Output per person in Ecuador was US$7,125 in 2025, close to the middle of the range worldwide.
- 3.3% of Ecuador's labour force had no job in 2025, a lower share than in most countries.
- Ecuador had 18.3 million people in 2025: about 0.2% of everyone on Earth, the 70th largest population of 217 countries and territories.
- Ecuador had a current account surplus of 5.9% of GDP in 2025, higher than in most countries.
Inflation
2025Consumer prices, change over the year (yearly average)
Since 2000
Show the numbers
| Year | Ecuador | World median |
|---|---|---|
| 2025 | 0.7% | 3.0% |
| 2024 | 1.6% | 3.0% |
| 2023 | 2.2% | 5.7% |
| 2022 | 3.5% | 8.0% |
| 2021 | 0.1% | 3.5% |
| 2020 | −0.3% | 1.9% |
| 2019 | 0.3% | 2.2% |
| 2018 | −0.2% | 2.5% |
| 2017 | 0.4% | 2.3% |
| 2016 | 1.7% | 1.6% |
Economic growth
2025Real GDP, change over the year
Since 2000
Show the numbers
| Year | Ecuador | World median |
|---|---|---|
| 2025 | 3.7% | 3.4% |
| 2024 | −1.9% | 3.4% |
| 2023 | 1.8% | 3.2% |
| 2022 | 5.9% | 4.3% |
| 2021 | 9.4% | 5.1% |
| 2020 | −9.3% | −3.8% |
| 2019 | 0.2% | 2.8% |
| 2018 | 1.0% | 3.2% |
| 2017 | 6.0% | 3.3% |
| 2016 | −0.7% | 3.1% |
GDP per person
2025GDP divided by population, in US dollars at current prices
Since 2000
Show the numbers
| Year | Ecuador | World median |
|---|---|---|
| 2025 | US$7,125 | US$7,882 |
| 2024 | US$6,827 | US$7,853 |
| 2023 | US$6,718 | US$7,862 |
| 2022 | US$6,516 | US$7,656 |
| 2021 | US$6,061 | US$7,269 |
| 2020 | US$5,464 | US$6,433 |
| 2019 | US$6,205 | US$7,037 |
| 2018 | US$6,304 | US$6,978 |
| 2017 | US$6,233 | US$6,548 |
| 2016 | US$5,918 | US$5,982 |
Unemployment
2025Share of the labour force without a job (ILO modelled estimate)
Since 2000
Show the numbers
| Year | Ecuador | World median |
|---|---|---|
| 2025 | 3.3% | 5.1% |
| 2024 | 3.5% | 5.1% |
| 2023 | 3.5% | 5.2% |
| 2022 | 3.7% | 5.3% |
| 2021 | 4.5% | 6.0% |
| 2020 | 6.1% | 6.4% |
| 2019 | 3.8% | 5.4% |
| 2018 | 3.5% | 5.4% |
| 2017 | 3.8% | 5.6% |
| 2016 | 4.6% | 5.9% |
Population
2025Everyone living in the country, mid-year
Since 2000
Show the numbers
| Year | Ecuador |
|---|---|
| 2025 | 18.3 million |
| 2024 | 18.1 million |
| 2023 | 18.0 million |
| 2022 | 17.8 million |
| 2021 | 17.7 million |
| 2020 | 17.5 million |
| 2019 | 17.3 million |
| 2018 | 17.0 million |
| 2017 | 16.8 million |
| 2016 | 16.5 million |
Current account balance, % of GDP
Since 2000
Show the numbers
| Year | Ecuador | World median |
|---|---|---|
| 2025 | 5.9% | −0.8% |
| 2024 | 5.7% | −1.3% |
| 2023 | 2.0% | −1.2% |
| 2022 | 1.9% | −3.0% |
| 2021 | 2.8% | −2.4% |
| 2020 | 2.0% | −1.7% |
| 2019 | −0.6% | −2.1% |
| 2018 | −1.6% | −2.9% |
| 2017 | −0.4% | −2.1% |
| 2016 | 0.9% | −2.8% |
No recent World Bank figure for Ecuador: government debt.
About these figures
All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Ecuador since 2000 or since its first figure.
Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.