Ecuador

Ecuador combined real growth of +3.7% with inflation of just 0.7% in 2025, as US$ GDP rose 5.3% to US$130.3 billion. The economy held 65th place, between Bulgaria and Puerto Rico.

Services account for 57.0% of output, industry 25.7% and agriculture 9.7%, with manufacturing at 13.2%. Unemployment stood at 3.3% and government gross debt at 54.5% of GDP. With 18.3 million people, Ecuador's GDP per capita of US$7,125 ranks 103rd, and 111th on a PPP basis.

The long-run gains are large. Ecuador's dollar economy measured US$17.5 billion in 2000, when it ranked 74th, and has grown 7.4 times since. It is now about the size of New Hampshire and the 7th-largest economy in Latin America & Caribbean. The IMF projects GDP of US$163.8 billion by 2030, a +26% rise, with a forecast ranking of 68th.