In 2025, Ecuador’s Gross Domestic Product (GDP) is projected to grow by 3.7%, driven primarily by increased exports, investment, and household consumption, marking a recovery compared to the previous year.
Exports grew by 6.4%, with non-oil products such as shrimp, cocoa, bananas, canned fish, and mining products standing out, in a favorable context in international markets, both in terms of demand and prices. This was complemented by growth in investment (5.6%) and household consumption (2.7%), reflecting greater economic activity in the country.
“Ecuador is growing again with a broader base: more exports, especially non-oil exports, and more sectors recovering. This sends positive signals for the stability of the national economy,” stated Gustavo Camacho Dávila, President of the Financial and Monetary Policy and Regulation Board.
At the sectoral level, 16 of the 20 economic activities registered growth, demonstrating a more widespread reactivation in the country. Among the most dynamic sectors are:
- Trade, which led the performance with 5.2% growth.
- Agriculture, livestock, and forestry, with an 8.6% expansion, reflecting the strong performance of primary activities.
- Food manufacturing grew by 8.5%, positioning itself as one of the main industrial drivers.
- Financial and insurance activities stood out with 9.8% growth.
- Professional and technical activities increased by 4.4%.
The growth of oil exports was partially limited by operational challenges in crude oil production and refining activities.
Likewise, the last quarter of 2025 showed stronger economic momentum. Compared to the same period in 2024, the economy grew by 5.0%, reversing the 1.0% contraction. This result was driven by strong exports (13.8%), as well as growth in investment (5.5%) and household consumption (1.1%).
Furthermore, compared to the third quarter of 2025, the economy grew by 3.0%, primarily driven by exports (19.7%) and investment (5.7%).
In accordance with Ecuador’s National Accounts Disclosure and Revision Policy, the results incorporate updated annual figures and methodological improvements in the estimation of quarterly aggregate demand, in line with international statistical best practices and progress toward the implementation of the System of National Accounts 2025 (SNA 2025). As part of this process, the 2023 data are now final, while the 2024 data are provisional.
These updates have been consistently integrated into the Quarterly National Accounts and the Monthly Indicator of Economic Activity (IMAEc), ensuring comparability of the results.
More information is available at the following links.
Quarterly Accounts, Fourth Quarter 2025 and preliminary results 2025
Annual Accounts
IMAEc
