057.Firm Entry Rate in Ecuador

Ecuador: 057.Firm Entry Rate was 0.2929 in 2014. ▼ Falling

Latest (2014)
0.2929
Change on year
down 11.6%
World rank
41st
of 52 countries
All-time high
0.4044
in 2003
All-time low
0.2929
in 2014
Years of data
12
2003–2014

057.Firm Entry Rate in Ecuador, 2003–2014

00.10.20.30.42003200820142003: 0.4042004: 0.3412005: 0.3412006: 0.3452007: 0.3472008: 0.3582009: 0.3312010: 0.3492011: 0.3592012: 0.3312013: 0.3312014: 0.293

Source: World Bank.

Analysis

Ecuador recorded 0.2929 for 057.firm entry rate in 2014. That is the lowest value across all 12 years on record.

That represents a change of down 11.6% on the previous year and down 14.1% over ten years.

Over the whole period, 057.firm entry rate in Ecuador peaked at 0.4044 in 2003 and was at its lowest, 0.2929, in 2014.

That places Ecuador 41st out of 52 countries with data for 2014, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 12 years of available data.

057.Firm Entry Rate in Ecuador, year by year

Annual values for 057.Firm Entry Rate in Ecuador, 2003 to 2014.
Year Value Change
2003 0.4044
2004 0.3409 -15.7%
2005 0.3406 -0.1%
2006 0.3445 +1.1%
2007 0.3467 +0.6%
2008 0.3585 +3.4%
2009 0.3309 -7.7%
2010 0.349 +5.5%
2011 0.3592 +2.9%
2012 0.3313 -7.8%
2013 0.3314 +0.0%
2014 0.2929 -11.6%

Ecuador compared with similar countries

  • Ecuador's 0.2929 is below the median for upper middle income countries, which is 0.3273, 89% of the median. (18 countries reporting)
  • Ecuador's 0.2929 is below the median for Latin America & Caribbean, which is 0.3206, 91% of the median. (14 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.3523 0.3309 0.4044 7
2010s 0.3328 0.2929 0.3592 5

Countries ranked near Ecuador

  1. 38 South Africa 0.3071 compare
  2. 39 Mauritius 0.3016 compare
  3. 40 Slovenia 0.2952 compare
  4. 42 Sweden 0.2869
  5. 43 El Salvador 0.2861 compare
  6. 44 Egypt 0.2784 compare

See the full ranking of 52 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is 057.firm entry rate in Ecuador?
057.firm entry rate in Ecuador was 0.2929 in 2014, according to the World Bank.
What is the highest 057.firm entry rate recorded in Ecuador?
The highest recorded value was 0.4044 in 2003.
What is the lowest 057.firm entry rate recorded in Ecuador?
The lowest recorded value was 0.2929 in 2014.
How does Ecuador rank for 057.firm entry rate?
Ecuador ranks 41st out of 52 countries with data for 2014.
Is 057.firm entry rate rising or falling in Ecuador?
Over the last ten years it is down 14.1%. The long-run trend across the full record is falling.
Where does this Ecuador data come from?
The figures come from the World Bank, published as part of 057.Firm Entry Rate. Statizoid updates them automatically from the source API.

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About this data

Indicator
057.Firm Entry Rate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
52 places, 498 data points, 1998–2014
Last refreshed

Exporter-level information on export transactions - Customs