AGRICULTURAL INFORMATION SYSTEM

MINISTRY OF AGRICULTURE AND LIVESTOCK - ECUADOR
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ECUADOR: MAIN ECONOMIC INDICATORS

1995 1996 1997 1998 1999 2000 2001 2002 2003
Gross Domestic Product/11
Total GDP (Million US$) 18.006 19.157 23.635 23.255 16.674 15.934 21.024 24.311 26.745
Per Capita Total GDP (US$) 1.571 1.638 2.111 2.035 1.429 1.338 1.729 1.959 2.112
Agricultural GDP (Million US$) 2.146 2.279 3.738 3.208 1.953 1.693 1.891 2.194 2.359
Foreign Sector    
Total  Exports (Million US$)/2 4.381 4.873 5.264 4.203 4.451 4.927 4678 5030 3780
Agricultural Exports (Total Exports %)/2 46,0% 42,2% 50,3% 55,0% 44,2% 29,7% 33,6% 34,5% 34,4%
Total Imports cif (Million US$)/2 4.153 3.932 4.955 5.576 3.017 3.721 5.363 6.431 4.317
Agricultural Imports (Total Imports %)/2 5,1% 6,4% 5,9% 5,3% 6,6% 6,4% 5,0% 4,2% 4,7%
Internacional Monetary Reserve (Million US$)/3 1.557 1.831 2.093 1.698 872,7 1.180 1.074 1.008 1.229
National External Debt (GDP %)/3 77,39% 76,14% 63,88% 70,52% 97,65 84,46 68,47% 64,48% 61,53%
Economic Indicators    
Inflation Rate %/3 22,9% 24,4% 30,7% 36,1% 60,7% 96,8% 37,7% 9,4% 7,5%
Interest Rates        
Active Interest Rate/4 52,80% 46,57% 42,55% 62,79% 55,71% 14,52% 15,10% 12,71% 12,61%
Passive Interest Rate/4 47,58% 33,25% 33,32% 48,19% 38,85% 7,70% 5,05% 5,07% 5,26%
Wages and Population    
Basic Wage and Remunerations (US$ Monthly Average) 138 152 152 141 88 81 131 138 158
Population (millions) 11.5 11.7 11.9 12.2 12.4 12.6 12.8 12 12
Agricultural Land Use Area 31.1% 30.6% 30.7% 30.8% 48% 48%    48% 48% 48%

Source: Central Bank of Ecuador (BCE) - Ecuadorian Statistical and Census National Institute (INEC)

Prepared by the SICA-IBRD/MAG Project - Ecuador (www.sica.gov.ec)

/1 Up to 2002, provisional;  2003 forecasted.

/2 Definite data as of  2001.  Period 2002-2003's provisional data. Year. 2003 to august 

/3 Accumulated remainder as of every year's December, 1998.  Year 2003 to august.

/4 361 (or more) days Interst Rate, private banks' weighted  average, (Oct-Dec every year) Year 2003 to august 

 

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