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Ecuador Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

Ecuador's services value added was 56.30% in 2025, ranked 108th globally. This represents a 1.5% decrease from 2024. Data from World Bank, covering 1960–2025.

56.30% −0.85% (-1.5%)
Year 2025 Rank #108 Global Peak 61.32% (2020) Source World Bank

Ecuador Services Value Added (1960–2025)

Overview

Ecuador's services value added stood at 56.30% in 2025, a decline of +0.85% from 2024. Based on recent trends, this figure is projected to reach 56.30% by 2025. Ecuador ranked 108th globally.

Ecuador’s services sector contributed 56.30 % of gross domestic product in 2025, placing the country 108th in the World Bank’s global ranking and positioning it alongside peers such as North Macedonia (56.45 %) and Colombia (56.00 %). The indicator has risen steadily from an early‑record low of 39.89 % in 1963 to a long‑term high of 61.32 % in 2020, reflecting the gradual shift of the economy toward tourism, finance and digital services over six decades. The 66‑year coverage shows a consistent upward trajectory, with the most recent decade averaging above 55 % and narrowing the gap with higher‑ranked economies. Structural reforms in the 2010s, expanded broadband access and the growth of export‑oriented service clusters have underpinned this progress, while external shocks such as the COVID‑19 pandemic momentarily tempered expansion. Continued investment in human capital and digital infrastructure will be pivotal to sustain the upward trend and potentially lift Ecuador’s services value added above the current peer group.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 54.67% - -
2026* trend 55.49% - -
2025* trend 56.30% - -
2025 56.30% −0.85% #108
2024 57.16% −1.46% #87
2023 58.62% +0.42% #108
2022 58.20% −0.26% #114
2021 58.46% −2.86% #118
2020 61.32% +1.88% #126
2019 59.44% +0.69% #118
2018 58.75% +0.69% #117
2017 58.06% −0.51% #110
2016 58.57% +0.96% #107
2015 57.61% +4.77% #105
2014 52.83% +0.82% #77
2013 52.02% +0.28% #77
2012 51.74% +0.24% #80
2011 51.50% −2.06% #81
Show all years (1960-2025)
* Linear trend extrapolation

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 services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Ecuador's services value added?▾

Ecuador's services value added was 56.30% in 2025. Ranked 108th globally. This represents a 1.5% decrease from the previous year.

What was the highest services value added in Ecuador?▾

Ecuador's services value added peaked at 61.32% in 2020.

What was the lowest services value added in Ecuador?▾

The lowest services value added in Ecuador was 39.89% in 1963.

How does Ecuador rank in services value added?▾

Ecuador ranks 108th globally in services value added as of 2025.

What is the World Bank indicator code for services value added?▾

The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.

What is the projected services value added of Ecuador in 2025?▾

Ecuador's services value added is projected to reach 56.30% by 2025 based on trend extrapolation.

What is the services value added of Ecuador in 2025?▾

The services value added of Ecuador in 2025 was 56.30%. This ranks 108th in the world.

Cite this page

APA
Ecuador Services Value Added. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/ecuador/services-value-added/
BibTeX
@misc{historysaid_ecuador_services-value-added, title = {Ecuador Services Value Added}, url = {https://historysaid.com/ecuador/services-value-added/}, publisher = {HistorySaid}, year = {2026} }
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