Current account balance as a share of the GDP of Ecuador 2007-2029
The current account balance as a share of the GDP in Ecuador was forecast to decrease between 2024 and 2029 by in total 0.3 percentage points. This overall decrease does not happen continuously, notably not in 2026 and 2028. The share is estimated to amount to 2.47 percent in 2029.
This indicator expresses the current account balance as a share of the gross domestic product. With regards to the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items. The gross domestic product, on the other hand, refers to the total value of final goods and services produced during a year.
Find more statistics on other topics about Ecuador with key insights such as the current account balance, the general government structural balance as share of the GDP, and the annual average consumer price index.
This indicator expresses the current account balance as a share of the gross domestic product. With regards to the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items. The gross domestic product, on the other hand, refers to the total value of final goods and services produced during a year.
Find more statistics on other topics about Ecuador with key insights such as the current account balance, the general government structural balance as share of the GDP, and the annual average consumer price index.
