The Central Bank of Ecuador published preliminary national accounts results indicating Ecuador’s gross domestic product grew 3.7% in 2025, supported mainly by stronger exports, higher investment and increased household consumption, marking a recovery from the prior year. Exports rose 6.4%, led by non-oil products including shrimp, cocoa, bananas, canned fish and mining products, alongside favorable international market conditions. Investment increased 5.6% and household consumption 2.7%. By sector, 16 of 20 economic activities expanded, with notable growth in trade (5.2%), agriculture, livestock and forestry (8.6%), food manufacturing (8.5%), financial and insurance activities (9.8%), and professional and technical activities (4.4%); oil export growth was partly constrained by operational challenges in crude production and refining. In the fourth quarter of 2025, GDP grew 5.0% year on year (reversing a 1.0% contraction), driven by exports (13.8%), investment (5.5%) and household consumption (1.1%), while quarter on quarter GDP rose 3.0% on the back of exports (19.7%) and investment (5.7%). The release incorporates updated annual figures and methodological improvements to quarterly aggregate demand estimates, aligned with international statistical practices and progress toward implementing the System of National Accounts 2025. As part of this revision cycle, 2023 data are now final and 2024 data provisional, with updates integrated into the quarterly national accounts and the Monthly Economic Activity Indicator to maintain comparability.
Central Bank of Ecuador 2026-03-25
Central Bank of Ecuador reports 3.7% GDP growth in 2025 and revises national accounts estimates
The Central Bank of Ecuador reported a 3.7% GDP growth for 2025, driven by stronger exports, higher investment, and increased household consumption. Exports rose 6.4%, with significant contributions from non-oil products, while investment and household consumption increased by 5.6% and 2.7%, respectively. The release includes updated annual figures and methodological improvements, aligning with international practices and the System of National Accounts 2025.