Industrial Production, constant US$ in Ecuador
Ecuador: Industrial Production, constant US$ was 29.97 billion in 2019. ▲ Rising
Industrial Production, constant US$ in Ecuador, 2000–2019
Source: World Bank staff calculations based on Datastream data.
Analysis
In 2019, industrial production, constant us$ in Ecuador stood at 29.97 billion.
The figure is up 7.0% on the previous year and up 24.6% over ten years.
Over the whole period, industrial production, constant us$ in Ecuador peaked at 30.61 billion in 2014 and was at its lowest, 16.05 billion, in 2000.
Ecuador ranks 49th of 89 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Industrial Production, constant US$ in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 16.05 billion | — |
| 2001 | 16.75 billion | +4.3% |
| 2002 | 16.80 billion | +0.3% |
| 2003 | 17.05 billion | +1.5% |
| 2004 | 18.01 billion | +5.6% |
| 2005 | 19.63 billion | +9.0% |
| 2006 | 21.31 billion | +8.5% |
| 2007 | 23.52 billion | +10.4% |
| 2008 | 24.49 billion | +4.1% |
| 2009 | 24.06 billion | -1.8% |
| 2010 | 26.00 billion | +8.1% |
| 2011 | 27.36 billion | +5.2% |
| 2012 | 28.84 billion | +5.4% |
| 2013 | 30.12 billion | +4.4% |
| 2014 | 30.61 billion | +1.6% |
| 2015 | 29.59 billion | -3.3% |
| 2016 | 29.41 billion | -0.6% |
| 2017 | 26.56 billion | -9.7% |
| 2018 | 28.00 billion | +5.4% |
| 2019 | 29.97 billion | +7.0% |
Ecuador compared with similar countries
- Ecuador's 29.97 billion is below the median for upper middle income countries, which is 41.86 billion, 72% of the median. (30 countries reporting)
- Ecuador's 29.97 billion is above the median for Latin America & Caribbean, which is 21.16 billion, 1.4× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.77 billion | 16.05 billion | 24.49 billion | 10 |
| 2010s | 28.65 billion | 26.00 billion | 30.61 billion | 10 |
Countries ranked near Ecuador
More reference data data for Ecuador
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9379 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.74 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1826 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.74 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.14 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.18 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 13.63 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 23.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9943 (2050)
Frequently asked questions
- What is industrial production, constant us$ in Ecuador?
- Industrial production, constant us$ in Ecuador was 29.97 billion in 2019, according to World Bank staff calculations based on Datastream data.
- What is the highest industrial production, constant us$ recorded in Ecuador?
- The highest recorded value was 30.61 billion in 2014.
- What is the lowest industrial production, constant us$ recorded in Ecuador?
- The lowest recorded value was 16.05 billion in 2000.
- How does Ecuador rank for industrial production, constant us$?
- Ecuador ranks 49th out of 89 countries with data for 2019.
- Is industrial production, constant us$ rising or falling in Ecuador?
- Over the last ten years it is up 24.6%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from World Bank staff calculations based on Datastream data, published as part of Industrial Production, constant US$. Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, and not seasonally adjusted. The base year is 2005.