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
Economic Activity Indexes (View all 1)
Ecuador Economic Freedom Index 2017 49.30 1.44%
Energy (View all 1)
Ecuador Carbon Dioxide Emissions 2015 37.08M mt -1.17%
Ecuador Crude Oil Production Aug 2017 530.00K bbl/day -2.03%
Ecuador Gas Rig Count Nov 2017 0.00
Ecuador Natural Gas Consumption 2015 0.6367B cu m -3.50%
Ecuador Nuclear Energy Consumption 2015 0.00 TWh
Ecuador Oil Consumption 2015 252.84K bbl -1.63%
Ecuador Oil Production 2015 543.09K bbl/day -2.42%
Ecuador Primary Energy Consumption 2015 15.38M mtoe 0.57%
Ecuador Proved Oil Reserves 2015 8.000B bbl 0.00
View and sort all 167 Ecuador Indicators
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