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Following is detailed information about macroeconomic and
trade ratios of Ecuador's economy.
| 1999 |
|
| Population (millions) |
12.4 |
| GNP per capita (US$) |
1,360 |
| GNP (US$
billions) |
16.9 |
|
1979 |
1989 |
1998 |
1999 |
| GDP (US$
billions) |
9.4 |
9.8 |
19.7 |
19.1 |
| Exports of goods and services /
GDP |
25.9 |
29.4 |
25.3 |
37.3 |
| Interest
payments / GDP |
2.9 |
4.2 |
3.8 |
3.6 |
| Total
debt / GDP |
48.4 |
115.2 |
76.8 |
80.2 |
| Inflation
- consumer prices (% change) |
10.3 |
75.6 |
36.1 |
52.3 |
|
|
|
|
|
| (average annual
growth) |
1979-89 |
1989-99 |
1998 |
1999 |
1999-03 |
| GDP |
2.0 |
2.4 |
0.4 |
-7.9 |
.. |
| GNP per capita |
-0.8 |
0.2 |
2.1 |
-14.4 |
.. |
| Exports of goods and services |
4.5 |
5.2 |
-3.8 |
-2.6 |
.. |
| (% of GDP) |
1979 |
1989 |
1998 |
1999 |
| Agriculture |
13.5 |
14.0 |
12.0 |
12.4 |
| Industry |
38.6 |
37.4 |
32.7 |
37.4 |
|
Manufacturing |
19.2 |
21.1 |
21.9 |
21.3 |
| Services |
47.9 |
48.6 |
55.2 |
50.3 |
| Private consumption |
61.2 |
71.7 |
70.4 |
65.0 |
| Government
consumption |
12.9 |
9.4 |
11.7 |
10.1 |
| Imports of goods and services |
25.4 |
31.2 |
32.0 |
24.7 |
|
|
|
|
|
| (average annual
growth) |
1979-89 |
1989-99 |
1998 |
1999 |
| Agriculture |
4.1 |
2.7 |
-1.4 |
1.8 |
| Industry |
1.6 |
2.8 |
-0.6 |
-6.0 |
|
Manufacturing |
0.5 |
2.4 |
0.4 |
-7.1 |
| Services |
1.6 |
2.0 |
1.8 |
-11.3 |
| Private consumption |
2.1 |
1.8 |
2.1 |
-9.5 |
| Government
consumption |
-1.2 |
-1.2 |
-1.1 |
-12.9 |
| Domestic investment |
-3.5 |
0.4 |
11.8 |
-50.5 |
| Imports of goods and services |
-1.7 |
1.8 |
5.9 |
-37.0 |
| GNP |
1.8 |
2.3 |
4.1 |
-12.8 |
| (US$ millions) |
1979 |
1989 |
1998 |
1999 |
| Total exports (fob) |
1,659 |
2,354 |
4,203 |
4,451 |
|
Oil |
720 |
1,033 |
789 |
1,312 |
|
Bananas |
140 |
370 |
1,070 |
954 |
|
Manufactures |
.. |
328 |
1,004 |
1,062 |
| Total imports (cif) |
1,505 |
1,693 |
5,576 |
3,017 |
|
Food |
.. |
.. |
.. |
.. |
|
Fuel and energy |
63 |
66 |
326 |
244 |
|
Capital goods |
544 |
625 |
1,874 |
815 |
| (US$ millions) |
1979 |
1989 |
1998 |
1999 |
| Exports of goods and services |
1,838 |
2,871 |
5,007 |
5,263 |
| Imports of goods and services |
1,985 |
2,296 |
6,409 |
4,090 |
| Resource balance |
-146 |
575 |
-1,402 |
1,173 |
| Reserves (including
gold) |
740 |
706 |
1,786 |
1,809 |
| Conversion rate (local/US$) |
25.0 |
526.3 |
5,446.6 |
8,496.1 |
| EXTERNAL DEBT AND INVESTMENT |
| (US$ millions) |
1979 |
1989 |
1998 |
1999 |
| Total debt |
4,525 |
11,317 |
15,140 |
15,310 |
| Total debt service |
1,121 |
1,029 |
1,706 |
1,475 |
| Foreign direct
investment |
63 |
80 |
831 |
690 |
* Source: World Bank
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