ec Ecuador 2022

Detailed economic analysis and indicators for 2022

Year 2022

Key Economic Indicators (2022)

GDP (Current USD)

$116.59 billion

↑ 8.52% vs 2021
GDP per Capita

$6,541.00

↑ 7.66% vs 2021
GDP Growth (Annual %)

6.19%

↓ 3.63pp vs 2021
Inflation Rate (CPI %)

3.47%

↑ 3.33pp vs 2021

Year-over-Year Comparison

Indicator 2021 2022 Change
GDP (Current USD) $107.44 billion $116.59 billion +8.52%
GDP per Capita $6,075.80 $6,541.00 +7.66%
GDP Growth (Annual %) 9.82% 6.19% -3.63pp
Inflation (CPI %) 0.13% 3.47% +3.33pp
Unemployment Rate (%) 4.55% 3.76% -0.79pp

All Economic Indicators (2022)

National Accounts
GDP (Current USD)
$116.59 billion
GDP per Capita
$6,541.00
GDP Growth (Annual %)
6.19%
Gross National Income
$114.68 billion
Prices & Employment
Inflation (CPI %)
3.47%
Inflation (GDP Deflator %)
2.20%
Unemployment Rate (%)
3.76%
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)
1.83%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2022, Ecuador's Gross Domestic Product (GDP) is $116.59 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Ecuador for 2022 is $6,541.00. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Ecuador for 2022 is 3.47%. This measures the annual percentage change in the cost of consumer goods and services.

Ecuador's annual GDP growth rate for 2022 is 6.19%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Ecuador for 2022 is 3.76%. This represents the percentage of the labor force that is unemployed and actively seeking employment.