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Ecuador Imports (% GDP)

Ecuador's imports (% GDP) fell to 26.92% in 2024, down from 28.43% in 2023, according to World Bank. This represents a decrease of 1.51% from the previous year. Ecuador has imports (% GDP) lower than the global median (26.92% vs median 45.74%). Compared with the median in Americas, Ecuador is lower (26.92% vs regional median 38.78%) and ranks 24th out of 32 countries in Americas.

Ecuador's exports (% GDP) rose to 30.28% in 2024, up from 28.57% in 2023.

Yearly Historical Data (1960-2024)

(in %)
Year Imports (% GDP)
2024 26.92%
2023 28.43%
2022 30.96%
2021 26.2%
2020 20.71%
2019 24.03%
2018 24.47%
2017 22.13%
2016 20%
2015 25.07%
2014 30.07%
2013 31.06%
2012 32.17%
2011 33.92%
2010 33.29%
2009 28.04%
2008 34.31%
2007 31.37%
2006 30.14%
2005 29.33%
2004 26.97%
2003 25.52%
2002 29.08%
2001 28.52%
2000 27.85%
1999 22.82%
1998 25.5%
1997 23.48%
1996 21.94%
1995 24.62%
1994 23.5%
1993 23.14%
1992 20.67%
1991 21.52%
1990 21.83%
1989 24.83%
1988 23.66%
1987 22.36%
1986 17.48%
1985 16.04%
1984 15.68%
1983 15.32%
1982 17.76%
1981 15.3%
1980 17.88%
1979 18.17%
1978 18.56%
1977 18.14%
1976 17.98%
1975 19.33%
1974 18.75%
1973 16.66%
1972 15.55%
1971 16.69%
1970 13.01%
1969 12.1%
1968 13.92%
1967 12.03%
1966 11.11%
1965 10.29%
1964 10.14%
1963 9.96%
1962 10.79%
1961 10.15%
1960 10.36%
Ecuador Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Ecuador compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $31.56B $31.13B 2024
Annual Imports $29.49B $30.9B 2024
Exports (% GDP) 30.28% 28.57% 2024
FDI Inflows (% GDP) 0.19% 0.39% 2024
Net Trade (Goods & Services, BoP) $4.5B $266.51M 2024
Tariff Rate 7.82% 7.7% 2022
Trade (% GDP) 57.2% 57% 2024