Ecuador - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Ecuador was 1.78 as of 2020. Its highest value over the past 60 years was 4.79 in 2000, while its lowest value was -7.61 in 1998.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | -0.82 |
| 1961 | -1.19 |
| 1962 | -0.55 |
| 1963 | -0.72 |
| 1964 | -1.24 |
| 1965 | -1.31 |
| 1966 | -0.63 |
| 1967 | -1.92 |
| 1968 | -2.88 |
| 1969 | -3.60 |
| 1970 | -3.57 |
| 1971 | -6.11 |
| 1972 | -3.14 |
| 1973 | 1.22 |
| 1974 | 3.90 |
| 1975 | -3.26 |
| 1976 | -1.94 |
| 1977 | -1.84 |
| 1978 | -3.83 |
| 1979 | -0.26 |
| 1980 | -0.73 |
| 1981 | -0.68 |
| 1982 | -3.10 |
| 1983 | 0.24 |
| 1984 | 1.69 |
| 1985 | 3.65 |
| 1986 | -1.85 |
| 1987 | -7.00 |
| 1988 | -4.65 |
| 1989 | -4.55 |
| 1990 | 0.93 |
| 1991 | 2.15 |
| 1992 | 3.46 |
| 1993 | -3.10 |
| 1994 | -3.22 |
| 1995 | -3.34 |
| 1996 | 0.33 |
| 1997 | -1.95 |
| 1998 | -7.61 |
| 1999 | 3.55 |
| 2000 | 4.79 |
| 2001 | -4.30 |
| 2002 | -6.39 |
| 2003 | -2.04 |
| 2004 | -1.56 |
| 2005 | -0.86 |
| 2006 | 0.96 |
| 2007 | 1.28 |
| 2008 | 0.27 |
| 2009 | -1.61 |
| 2010 | -4.51 |
| 2011 | -2.25 |
| 2012 | -1.42 |
| 2013 | -2.33 |
| 2014 | -1.60 |
| 2015 | -2.73 |
| 2016 | 0.49 |
| 2017 | -0.76 |
| 2018 | -1.15 |
| 2019 | 0.02 |
| 2020 | 1.78 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
