Ecuador Economic Activity April 2022


Ecuador: Economic activity growth speeds up in April

May 18, 2022

Economic activity grew 10.9% in year-on-year terms in April, which was above March's 10.5% increase.

Meanwhile, the trend pointed down, with the annual average growth of economic activity coming in at 12.1%, down from March's 14.3% reading.

FocusEconomics panelists project GDP to expand 2.8% in 2022, which is down 0.1 percentage points from last month’s forecast. In 2023, the panel sees GDP growth moderating to 2.3%.


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Ecuador Economic Activity Chart

Ecuador Economic Activity April 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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