Mountains in Ecuador

Ecuador Economic Activity January 2022

Ecuador: Economic activity gains momentum in January

Economic activity expanded 14.9% compared to the same month of the previous year in January, rising from December’s 13.0% increase. The figure was likely the result of healthier crude oil production in January, while the non-oil sector likely continued to support overall growth.

Meanwhile, annual average economic activity growth rose to 17.3% in January from 15.0% in December.

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