Gross domestic product (GDP) growth rate in Ecuador 2029
The growth of the real gross domestic product (GDP) in Ecuador was forecast to continuously increase between 2024 and 2029 by in total 2.2 percentage points. According to this forecast, in 2029, the growth will have increased for the fifth consecutive year to 2.52 percent.
Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
Find more statistics on other topics about Ecuador with key insights such as the budget balance in relation to the gross domestic product, the average inflation rate, and the total population.
Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
Find more statistics on other topics about Ecuador with key insights such as the budget balance in relation to the gross domestic product, the average inflation rate, and the total population.
