Fiscal Balance in Ecuador
The fiscal balance in Ecuador averaged -5.4% of GDP in the decade leading to 2022, which is below the Latin America average of -4.7% of GDP. The fiscal balance in Ecuador for 2022 was 0.0% of GDP. For more fiscal balance information, visit our dedicated page.
Ecuador Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Ecuador from 2013 to 2023.
Source: Macrobond.
Ecuador Fiscal Balance Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -3.5 | -7.4 | -1.6 | 0.0 | -3.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Ecuadorian fiscal balance projections for the next ten years from a panel of 13 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Ecuadorian fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Ecuadorian fiscal balance projections.
Want to get access to the full dataset of Ecuadorian fiscal balance forecasts? Send an email to info@focus-economics.com.