Imports in Ecuador
Ecuador - ImportsThe economy rounded off 2018 with the weakest performance in two years in Q4. A continued deceleration in domestic demand, led by a dive in fixed investment growth amid tighter credit availability and lower business sentiment, led the slowdown. Turning to 2019, economic activity picked up slightly in January as oil production climbed. A continued moderation in private sector credit growth, however, likely constrained household spending and investment. Meanwhile, the IMF released details on the USD 4.2 billion extended fund facility, which will aim to improve the economy’s fiscal position by cutting public sector spending and raising revenue via a tax reform. On the political front, President Lenín Moreno announced Ecuador’s withdrawal from the Union of South American Nations (UNASUR) on 13 March, arguing that the organization has ceased to be an effective body for regional integration.
Ecuador - Imports Data
|Imports (USD billion)||25.8||27.7||21.5||16.3||20.0|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||25,000||0.0 %||Apr 22|
|Stock Market||1,366||0.17 %||Apr 22|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
April 16, 2019
Economic activity grew 4.8% over the same month of the previous year in February, according to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador.
April 8, 2019
Consumer prices fell 0.21% over the previous month in March, a slightly softer drop compared to February’s 0.23% month-on-month decline.
March 29, 2019
Ecuador’s economy lost traction in the final quarter of last year, with annual GDP growth falling to 0.8% from the previous quarter’s revised 1.5% (previously reported: +1.4% year-on-year), marking the weakest expansion in two years.
March 14, 2019
According to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador, economic activity picked up slightly at the start of the year, rising 4.7% over the same month of the previous year.
February 14, 2019
According to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador, economic activity accelerated for the tenth month running in December, expanding 6.6% over the same month of the previous year.