EcuadorBrief

Reviewed archive · April 3, 2026

Ecuador's 2025 GDP grew 3.7% after a 2024 contraction

Originally published April 3, 2026 · Reviewed September 25, 2026

Ecuador's real gross domestic product grew 3.7% in 2025 after contracting 1.9% in 2024, according to the central bank's national accounts. The bank marked 2025 as preliminary and 2024 as provisional in its later economic review. This is an annual, inflation-adjusted GDP comparison, not a measure of every household's income or a forecast for 2026.

On the expenditure side, the bank reported that exports of goods and services rose 6.4% in 2025, fixed investment 5.6% and household consumption 2.7%. The three growth rates describe components, not percentage-point contributions to the 3.7% GDP result, and should not be added together.

The recovery was broad but uneven. The bank reported growth in 16 of 20 economic activities, including commerce at 5.2%, agriculture, livestock and forestry at 8.6%, food manufacturing at 8.5%, and financial and insurance activities at 9.8%. It also said operational difficulties in crude production and refining constrained the oil side of the economy.

The fourth quarter of 2025 grew 5.0% from the fourth quarter of 2024 and 3.0% from the preceding quarter on the bank's seasonally adjusted series. Those quarterly comparisons have different bases; neither means that the full year's growth was 5%. Later revisions and more recent quarterly data should be consulted before describing the current business cycle.

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