Ecuador - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Ecuador was 97,050,080,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 108,802,000,000 in 2018 and a minimum value of 1,509,828,000 in 1962.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,730,683,000
1961 1,622,298,000
1962 1,509,828,000
1963 1,818,301,000
1964 2,272,805,000
1965 2,417,179,000
1966 2,443,410,000
1967 2,601,490,000
1968 2,655,172,000
1969 3,222,641,000
1970 2,963,240,000
1971 2,921,094,000
1972 3,284,521,000
1973 3,842,494,000
1974 6,338,866,000
1975 7,980,155,000
1976 9,264,104,000
1977 11,223,460,000
1978 12,373,420,000
1979 14,205,690,000
1980 18,003,230,000
1981 21,948,460,000
1982 20,537,820,000
1983 17,102,560,000
1984 16,617,960,000
1985 16,516,020,000
1986 15,590,250,000
1987 14,914,260,000
1988 13,652,330,000
1989 14,515,470,000
1990 15,089,730,000
1991 16,614,540,000
1992 17,459,270,000
1993 19,515,970,000
1994 23,427,740,000
1995 25,235,700,000
1996 25,130,360,000
1997 28,696,110,000
1998 30,096,600,000
1999 18,937,640,000
2000 17,441,070,000
2001 25,520,360,000
2002 30,373,740,000
2003 33,096,050,000
2004 37,161,230,000
2005 41,865,490,000
2006 46,354,440,000
2007 50,356,720,000
2008 61,595,670,000
2009 63,524,150,000
2010 72,694,630,000
2011 81,058,680,000
2012 89,174,380,000
2013 97,345,780,000
2014 103,358,000,000
2015 101,998,000,000
2016 99,449,760,000
2017 105,084,000,000
2018 108,802,000,000
2019 108,086,000,000
2020 97,050,080,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts