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Ecuador Government Revenue

General government revenue as % of GDP  GGR_NGDP

Ecuador's government revenue was 36.80% in 2024, ranked 54th globally. This represents a 2.3% increase from 2023. Data from IMF WEO, covering 1995–2024.

36.80% +0.82% (+2.3%)
Year 2024 Rank #54 Global Peak 40.33% (2012) Source IMF WEO

Ecuador Government Revenue (1995–2024)

Overview

Ecuador's government revenue stood at 36.80% in 2024, a rise of +0.82% from 2023. Ecuador ranked 54th globally.

Ecuador’s government revenue as a share of GDP has risen sharply from 19.93 percent in 1995 to 36.80 percent in 2024, placing the country 54th globally. The upward trajectory accelerated after the all‑time trough of 16.43 percent in 1998, reflecting fiscal consolidation in the early 2000s, and peaked at 40.33 percent in 2012 before moderating in the subsequent decade. Compared with peers of similar rank, Australia recorded 36.70 percent and Azerbaijan 37.97 percent in the same year, indicating that Ecuador’s revenue performance now aligns closely with middle‑income economies that have diversified tax bases and relatively stable commodity exports. The 30‑year coverage shows a sustained increase in fiscal capacity, yet the post‑peak decline suggests sensitivity to external shocks and domestic spending pressures. Continued structural reforms, improved tax administration and a stable macro‑environment will be crucial to sustain the recent upward trend and potentially lift revenue above the current level.

Data & projection

Year Government Revenue YoY change Rank
2024 36.80% +0.82% #54
2023 35.97% −2.92% #56
2022 38.90% +3.03% #46
2021 35.87% +3.04% #54
2020 32.83% −3.46% #63
2019 36.29% −1.84% #51
2018 38.12% +3.41% #47
2017 34.71% +0.88% #53
2016 33.84% −3.39% #58
2015 37.22% −0.60% #44
2014 37.83% −0.74% #48
2013 38.57% −1.77% #45
2012 40.33% +0.85% #38
2011 39.49% +5.48% #40
2010 34.01% +3.43% #61
Show all years (1995-2024)

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 government revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Ecuador's government revenue?▾

Ecuador's government revenue was 36.80% in 2024. Ranked 54th globally. This represents a 2.3% increase from the previous year.

What was the highest government revenue in Ecuador?▾

Ecuador's government revenue peaked at 40.33% in 2012.

What was the lowest government revenue in Ecuador?▾

The lowest government revenue in Ecuador was 16.43% in 1998.

How does Ecuador rank in government revenue?▾

Ecuador ranks 54th globally in government revenue as of 2024.

What is the World Bank indicator code for government revenue?▾

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the government revenue of Ecuador in 2024?▾

The government revenue of Ecuador in 2024 was 36.80%. This ranks 54th in the world.

Cite this page

APA
Ecuador Government Revenue. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/ecuador/government-revenue/
BibTeX
@misc{historysaid_ecuador_government-revenue, title = {Ecuador Government Revenue}, url = {https://historysaid.com/ecuador/government-revenue/}, publisher = {HistorySaid}, year = {2026} }
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