Ecuador Economy

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Ecuador's economy is heavily reliant on its petroleum resources, which account for more than half of the country's exports. Ecuador is also one of the largest exporters of bananas in the world. It has a GDP of $125.8 billion, placing it at 64th in the world. Ecuador adopted the US Dollar as its currency in 2000 as a means of stabilizing its economy.

Major Ecuador Indicators

Period Value % Chg Prev
Energy (View all 1)
Ecuador Carbon Dioxide Emissions 2020 28.57M mt -19.74%
Ecuador Crude Oil Production Jun 2021 493.82K bbl/d -0.91%
Ecuador Gas Rig Count Sep 2021 0.00
Ecuador Natural Gas Consumption 2020 0.5458B cu m -13.64%
Ecuador Oil Consumption 2020 201.99K bbl/d -18.75%
Ecuador Oil Production 2020 479.37K bbl/d -9.72%
Ecuador Primary Energy Consumption 2020 0.6452M mtoe -13.31%
Ecuador Proved Oil Reserves 2020 1.303B bbl 0.00%
View and sort all 180 Ecuador Indicators

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