Ecuador’s Gross Domestic Product is expected to grow by 3.7% in 2025, supported mainly by increased exports, investment, and household consumption, according to an April 17 announcement.
The projected growth marks a recovery for the country’s economy compared to the previous year. The expansion is attributed to strong performance in non-oil exports such as shrimp, cocoa, bananas, canned fish, and mining products amid favorable international demand and prices. Investment is forecasted to rise by 5.6%, while household consumption is set to increase by 2.7%, indicating higher economic activity.
Gustavo Camacho Dávila, President of the Financial and Monetary Policy and Regulation Board said: “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.”
Sectoral data show that out of twenty main economic activities in Ecuador, sixteen registered growth during this period. Trade led with a growth rate of 5.2%. Agriculture, livestock, and forestry expanded by 8.6%. Food manufacturing grew by 8.5%, financial and insurance activities increased by 9.8%, while professional and technical activities rose by 4.4%. Oil export growth was limited due to operational challenges in crude oil production and refining.
In the last quarter of 2025 alone, Ecuador’s economy grew by five percent compared to a one percent contraction during the same period in the previous year—mainly driven by strong export performance (13.8%), investment (5.5%), and household consumption (1.1%). Compared with the third quarter of that year, quarterly GDP grew three percent due primarily to higher exports (19.7%) and investment (5.7%).
The figures incorporate updated annual data as well as methodological improvements aligned with international best practices under Ecuador’s National Accounts Disclosure and Revision Policy as part of its transition toward implementing the System of National Accounts 2025 framework.
