Ecuador Economic Activity February 2022


Ecuador: Economic activity growth dips in February

April 18, 2022

Economic activity increased 12.1% compared to the same month of the previous year in February, which was a deterioration from January's 14.9% increase. The result marked the worst reading since February 2021.

Meanwhile, annual average economic activity growth rose to 18.8% in February (January: +17.3%), pointing to an improving trend.

LatinFocus panelists project GDP to grow 2.9% in 2022, which is unchanged from last month. For 2023, the panel sees GDP growth at 2.2%.


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Ecuador Economic Activity Chart

Ecuador Economic Activity February 2022

Note: Year-on-year changes and annual average variation of economic activity index in %.
Source: Ecuador Central Bank and FocusEconomics calculations.

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