The current account balance as a share of the GDP in Ecuador was forecast to increase between 2024 and 2029 by in total 0.3 percentage points. This overall increase does not happen continuously, notably not in 2029. The share is estimated to amount to 1.25 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.
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IMF. (April 22, 2024). Current account balance as a share of the GDP of Ecuador from 2007 to 2029 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1392053/current-account-balance-as-a-share-of-the-gdp-ecuador/
IMF. "Current account balance as a share of the GDP of Ecuador from 2007 to 2029." Chart. April 22, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1392053/current-account-balance-as-a-share-of-the-gdp-ecuador/
IMF. (2024). Current account balance as a share of the GDP of Ecuador from 2007 to 2029. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1392053/current-account-balance-as-a-share-of-the-gdp-ecuador/
IMF. "Current Account Balance as a Share of The Gdp of Ecuador from 2007 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/1392053/current-account-balance-as-a-share-of-the-gdp-ecuador/
IMF, Current account balance as a share of the GDP of Ecuador from 2007 to 2029 Statista, https://www.statista.com/statistics/1392053/current-account-balance-as-a-share-of-the-gdp-ecuador/ (last visited August 24, 2024)
Current account balance as a share of the GDP of Ecuador from 2007 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392053/current-account-balance-as-a-share-of-the-gdp-ecuador/