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Ecuador: economy and key statistics

Ecuador is number 64 in the 311 Nations Index, with a GDP of $130.3 billion in 2025. GDP per person is $7,125. The economy grew by 3.7% in 2025. Unemployment is 3.3%. The economy is 57% services, 26% industry, 10% agriculture.

Part of the 311 Nations Index (311institute.com). Last updated .

#64GDP rank
Upper middle incomeIncome group
Latin America & CaribbeanRegion
QuitoCapital
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National power

Ecuador is number 66 in the 311 National Power Index, scoring 38.8 out of 100: economic 60, technology 12, military 31 and human capital 63.

Economy at a glance

IndicatorLatest figureYear
GDP$130.3 billion2025
GDP (purchasing power)$306.5 billion2025
GDP per person$7,1252025
Economic growth+3.7%2025
Inflation0.7%2025
Unemployment3.3%2025
Population18.3 million2025
Labour force9.0 million2025
Services share of GDP57%2025
Industry share of GDP26%2025
Manufacturing share of GDP13%2025
Agriculture share of GDP10%2025
Exports share of GDP31%2025
Foreign direct investment1.0% of GDP2025
High-tech share of manufactured exports10%2024
Internet users77% of people2024

Main export industries

Ecuador exported goods worth about $31.6bn in 2024. Its biggest export industries:

Source: UN Comtrade, goods only (services exports are not included).

Other economies in South America

Questions and answers

How big is the economy of Ecuador?

Ecuador had a GDP of $130.3 billion in 2025, ranking number 64 in the 311 Nations Index.

What is GDP per person in Ecuador?

GDP per person in Ecuador was $7,125 in 2025.

How fast is the economy of Ecuador growing?

The economy of Ecuador grew by 3.7% in 2025.

Source: World Bank, World Development Indicators (CC BY 4.0).

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