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Ecuador Current Account Balance

Current account balance as % of GDP  BN.CAB.XOKA.GD.ZS

Ecuador's current account balance was 4.91% in 2025, ranked 30th globally. This represents a 13.3% decrease from 2024. Data from World Bank, covering 1976–2025.

4.91% −0.75% (-13.3%)
Year 2025 Rank #30 Global Peak 6.34% (2000) Source World Bank

Ecuador Current Account Balance (1976–2025)

Overview

Ecuador's current account balance stood at 4.91% in 2025, a decline of +0.75% from 2024. The IMF projects 4.91% by 2025. Ecuador ranked 30th globally.

Ecuador’s current‑account balance has risen to a surplus of 4.91 % of GDP in 2025, placing the country 30th globally and narrowly ahead of Trinidad and Tobago’s 4.90 % and behind Malta’s 5.12 % (World Bank). This represents a dramatic turnaround from the all‑time trough of –8.51 % recorded in 1987, when external debt pressures and falling oil revenues strained the external sector. The surge to the all‑time peak of 6.34 % in 2000 coincided with a commodities boom and structural reforms that boosted export earnings, a high point that has not been replicated since. Over the 50‑year series, Ecuador’s balance has shifted from persistent deficits in the 1980s and early 1990s to a sustained surplus in the 2010s and 2020s, reflecting higher oil prices, diversification of non‑oil exports and tighter fiscal discipline. Continued resilience of global commodity markets and further diversification of export baskets will be crucial to maintaining the upward trajectory of the current‑account surplus.

Data & projection

Year Current Account Balance YoY change Rank
2030* IMF 2.83% - -
2029* IMF 2.82% - -
2028* IMF 2.96% - -
2027* IMF 3.11% - -
2026* IMF 3.39% - -
2025* IMF 4.91% - -
2025 4.91% −0.75% #30
2024 5.66% +3.72% #160
2023 1.94% −0.00% #137
2022 1.94% −0.90% #139
2021 2.84% +0.75% #144
2020 2.09% +2.60% #143
2019 -0.51% +1.03% #120
2018 -1.53% −1.15% #117
2017 -0.39% −1.31% #126
2016 0.92% +3.21% #146
2015 -2.28% −1.63% #104
2014 -0.65% +0.31% #120
2013 -0.97% −0.80% #123
2012 -0.17% +0.34% #134
2011 -0.51% +1.82% #134
Show all years (1976-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.9% GDP growth 9.4% C/A balance 2.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Ecuador matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw current account balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Ecuador's current account balance?▾

Ecuador's current account balance was 4.91% in 2025. Ranked 30th globally. This represents a 13.3% decrease from the previous year.

What was the highest current account balance in Ecuador?▾

Ecuador's current account balance peaked at 6.34% in 2000.

What was the lowest current account balance in Ecuador?▾

The lowest current account balance in Ecuador was -8.51% in 1987.

How does Ecuador rank in current account balance?▾

Ecuador ranks 30th globally in current account balance as of 2025.

What is the World Bank indicator code for current account balance?▾

The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.

What is the projected current account balance of Ecuador in 2025?▾

Ecuador's current account balance is projected to reach 4.91% by 2025 based on IMF projection.

What is the current account balance of Ecuador in 2025?▾

The current account balance of Ecuador in 2025 was 4.91%. This ranks 30th in the world.

Cite this page

APA
Ecuador Current Account Balance. HistorySaid. Retrieved October 24, 2026, from https://historysaid.com/ecuador/current-account/
BibTeX
@misc{historysaid_ecuador_current-account, title = {Ecuador Current Account Balance}, url = {https://historysaid.com/ecuador/current-account/}, publisher = {HistorySaid}, year = {2026} }
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