ec Ecuador 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$97.67 billion

↑ 0.48% vs 2015
GDP per Capita

$5,917.64

↓ 0.98% vs 2015
GDP Growth (Annual %)

-0.69%

↓ 0.81pp vs 2015
Inflation Rate (CPI %)

1.73%

↓ 2.24pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $97.21 billion $97.67 billion +0.48%
GDP per Capita $5,976.16 $5,917.64 -0.98%
GDP Growth (Annual %) 0.12% -0.69% -0.81pp
Inflation (CPI %) 3.97% 1.73% -2.24pp
Unemployment Rate (%) 3.62% 4.60% +0.98pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$97.67 billion
GDP per Capita
$5,917.64
GDP Growth (Annual %)
-0.69%
Gross National Income
$95.80 billion
Prices & Employment
Inflation (CPI %)
1.73%
Inflation (GDP Deflator %)
1.17%
Unemployment Rate (%)
4.60%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
0.92%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Ecuador's Gross Domestic Product (GDP) is $97.67 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Ecuador for 2016 is $5,917.64. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Ecuador for 2016 is 1.73%. This measures the annual percentage change in the cost of consumer goods and services.

Ecuador's annual GDP growth rate for 2016 is -0.69%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Ecuador for 2016 is 4.60%. This represents the percentage of the labor force that is unemployed and actively seeking employment.