Expense in Ecuador

Ecuador: Expense was 30.4% in 2022. ▼ Falling

Latest (2022)
30.4%
Change on year
down 4.7%
World rank
57th
of 157 countries
All-time high
35.1%
in 2016
All-time low
30.4%
in 2022
Years of data
10
2013–2022

Expense in Ecuador, 2013–2022

0102030402013201720222013: 33.5 % of GDP2014: 33.3 % of GDP2015: 34.1 % of GDP2016: 35.1 % of GDP2017: 31.5 % of GDP2018: 33.7 % of GDP2019: 33.1 % of GDP2020: 34 % of GDP2021: 31.9 % of GDP2022: 30.4 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for expense in Ecuador is 30.4%, measured in 2022. That is the lowest value across all 10 years on record.

The figure is down 4.7% on the previous year and down 9.2% over ten years.

Over the whole period, expense in Ecuador peaked at 35.1% in 2016 and was at its lowest, 30.4%, in 2022.

That places Ecuador 57th out of 157 countries with data for 2022, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 33.5% 31.5% 35.1% 7
2020s 32.1% 30.4% 34.0% 3

Countries ranked near Ecuador

  1. 54 Mongolia 31.7% compare
  2. 55 Germany 31.2% compare
  3. 56 Cape Verde 30.9% compare
  4. 58 Egypt 30.2% compare
  5. 59 Russia 30.0% compare
  6. 60 Maldives 29.5% compare

See the full ranking of 183 places →

More economy & growth data for Ecuador

All data for Ecuador →

Frequently asked questions

What is expense in Ecuador?
Expense in Ecuador was 30.4% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Ecuador?
The highest recorded value was 35.1% in 2016.
What is the lowest expense recorded in Ecuador?
The lowest recorded value was 30.4% in 2022.
How does Ecuador rank for expense?
Ecuador ranks 57th out of 157 countries with data for 2022.
Is expense rising or falling in Ecuador?
Over the last ten years it is down 9.2%. The long-run trend across the full record is falling.
Where does this Ecuador data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

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CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.