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Economy of Ecuador vs Egypt compared: GDP & Debt

Updated on by Georank team

Ecuador has a GDP of $125B compared to $389B for Egypt, ranking 62/197 and 41/197 by economy size, respectively.

Ecuador has $67B in government debt (53.8% of GDP), compared to $354B (90.9% of GDP) in Egypt.

Ecuador vs Egypt GDP by year

Ecuador
Egypt
1x
Year GDP, current $
Ecuador Egypt
2024 $124,676,074,700 $389,059,911,004
2023 $121,147,057,000 $395,926,075,163
2022 $116,133,121,000 $476,747,720,365
2021 $107,179,074,000 $424,671,765,456
2020 $95,865,473,000 $383,817,841,547
2019 $107,595,830,000 $318,678,815,490
2018 $107,478,961,000 $262,588,632,527
2017 $104,467,486,000 $248,362,771,739
2016 $97,671,433,000 $332,441,717,791
2015 $97,209,558,000 $329,366,576,819
2014 $102,717,794,000 $305,595,408,895
2013 $96,570,334,000 $288,434,108,527
2012 $87,735,048,000 $279,116,666,667
2011 $78,986,648,000 $235,989,672,978
2010 $68,151,329,000 $218,983,666,062
2009 $60,094,978,000 $189,147,005,445
2008 $61,139,438,000 $162,818,181,818
2007 $49,848,725,000 $130,437,828,371
2006 $45,690,762,000 $107,426,086,957
2005 $40,278,849,000 $89,660,339,660
2004 $35,194,947,000 $78,782,467,532
2003 $30,965,208,000 $80,288,461,538
2002 $27,054,197,000 $85,146,067,416
2001 $23,127,055,000 $96,684,636,119
2000 $17,539,454,727 $99,838,543,960
1999 $19,645,272,636 $90,710,704,807
1998 $27,981,896,948 $84,828,807,556
1997 $28,162,053,027 $78,436,578,171
1996 $25,226,393,197 $67,629,716,981
1995 $24,432,884,442 $60,159,245,060
1994 $22,708,673,337 $51,897,983,393
1993 $18,938,717,359 $46,578,631,453
1992 $18,094,238,119 $41,855,986,519
1991 $16,988,535,268 $37,387,836,491
1990 $15,239,272,612 $42,978,914,311
1989 $13,890,823,705 $39,756,299,050
1988 $13,051,881,851 $34,980,124,929
1987 $13,945,426,859 $40,455,616,654
1986 $15,314,138,472 $41,253,507,951
1985 $17,149,088,413 $39,053,502,251
1984 $16,912,509,092 $33,971,188,992
1983 $17,152,477,037 $30,966,239,814
1982 $19,929,846,396 $27,655,172,414
1981 $21,810,759,354 $22,136,081,081
1980 $17,881,508,242 $21,669,908,176
1979 $14,175,160,902 $18,020,571,429
1978 $11,922,497,876 $14,811,704,063
1977 $11,026,342,618 $14,400,806,876
1976 $9,091,921,030 $13,315,988,083
1975 $7,731,674,472 $11,632,178,869
1974 $6,599,257,044 $9,228,963,225
1973 $3,891,754,150 $10,098,534,613
1972 $3,185,986,087 $9,299,638,056
1971 $2,754,219,271 $8,609,283,346
1970 $2,862,503,139 $8,042,200,452
1969 $3,112,165,727 $6,524,455,206
1968 $2,582,179,864 $5,932,242,991
1967 $2,553,595,172 $5,605,484,299
1966 $2,429,308,639 $5,278,005,612
1965 $2,387,047,396 $4,948,667,540
1964 $2,244,146,103 $4,709,245,762
1963 $1,824,343,871 $4,187,146,232
1962 $1,518,207,703 $4,035,462,027
1961 $1,753,850,955 $4,494,575,611
1960 $2,069,464,937 $4,206,270,352

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/ecuador/egypt | CC BY

GDP per capita in Ecuador vs Egypt by year

Ecuador
GDP per capita

GDP per capita, PPP
Egypt
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ecuador Egypt
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,875 $15,840 $3,338 $19,094
2023 $6,738 $15,919 $3,457 $18,525
2022 $6,516 $15,198 $4,233 $17,527
2021 $6,061 $13,507 $3,827 $15,579
2020 $5,464 $11,527 $3,511 $15,232
2019 $6,205 $12,543 $2,963 $13,364
2018 $6,304 $12,187 $2,485 $12,329
2017 $6,233 $11,793 $2,395 $11,125
2016 $5,918 $10,881 $3,271 $10,666
2015 $5,976 $10,878 $3,307 $10,903
2014 $6,406 $11,836 $3,133 $10,256
2013 $6,109 $11,296 $3,026 $10,511
2012 $5,634 $10,245 $2,996 $10,342
2011 $5,154 $9,769 $2,591 $8,988
2010 $4,520 $8,969 $2,455 $8,838
2009 $4,053 $8,662 $2,162 $8,465
2008 $4,195 $8,663 $1,896 $8,191
2007 $3,479 $8,112 $1,548 $7,641
2006 $3,244 $7,885 $1,299 $7,079
2005 $2,909 $7,457 $1,106 $6,554
2004 $2,586 $6,980 $991 $6,207
2003 $2,316 $6,475 $1,031 $5,928
2002 $2,059 $6,282 $1,117 $5,753
2001 $1,791 $5,999 $1,295 $5,650
2000 $1,382 $5,728 $1,366 $5,452
1999 $1,575 $5,638 $1,268 $5,121
1998 $2,284 $5,940 $1,213 $4,869
1997 $2,341 $5,793 $1,146 $4,661
1996 $2,136 $5,560 $1,009 $4,434
1995 $2,108 $5,469 $916 $4,235
1994 $1,997 $5,339 $807 $4,048
1993 $1,698 $5,112 $740 $3,895
1992 $1,655 $4,998 $681 $3,784
1991 $1,587 $4,887 $623 $3,627
1990 $1,455 $4,632 $736 $3,566
1989 $1,356 - $701 -
1988 $1,304 - $634 -
1987 $1,426 - $754 -
1986 $1,604 - $790 -
1985 $1,842 - $770 -
1984 $1,864 - $690 -
1983 $1,940 - $648 -
1982 $2,314 - $596 -
1981 $2,601 - $490 -
1980 $2,190 - $493 -
1979 $1,783 - $421 -
1978 $1,541 - $355 -
1977 $1,465 - $353 -
1976 $1,242 - $335 -
1975 $1,086 - $299.2 -
1974 $954 - $243.1 -
1973 $579 - $272.2 -
1972 $488 - $256.5 -
1971 $434 - $243 -
1970 $465 - $232.3 -
1969 $521 - $193 -
1968 $445 - $179.8 -
1967 $454 - $174.1 -
1966 $445 - $168.1 -
1965 $450 - $161.6 -
1964 $436 - $157.7 -
1963 $365 - $143.9 -
1962 $312 - $142.4 -
1961 $371 - $162.8 -
1960 $451 - $156.4 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/ecuador/egypt | CC BY

Ecuador's GDP per capita is $6,875, ranking 103/197, compared to $3,338 in Egypt, ranking 138/197. Adjusted for purchasing power (GDP per capita PPP), Ecuador ranks 110th at $15,840, while Egypt ranks 99th at $19,094.

Economic indicators

Ecuador Egypt
Gross domestic product
$125B
2024
$389B
2024
GDP rank
62/197
2024
41/197
2024
GDP growth
-2%
2023-2024
2.4%
2023-2024
GDP per capita
$6,875
2024
$3,338
2024
GDP per capita rank
103/197
2024
138/197
2024
GDP per capita, PPP
$15,840
2024
$19,094
2024
GDP per capita PPP rank
110/197
2024
99/197
2024
Government debt
$67B
2024
$354B
2024
Debt-to-GDP ratio
53.8%
2024
90.9%
2024
Government debt per person
$3,695
2024
$3,036
2024
Government debt per person rank
93/185
2024
99/185
2024
Average annual personal income after taxes
$5,894
2026
$1,948
2026
Market capitalization of domestic companies
$747M
2000
$42.6B
2024
Number of billionaires n/a
5
2025
Income share by richest 10%
33.4%
2024
24.6%
2021
Income share by poorest 10%
1.5%
2024
4.2%
2021
Government expenditure, % of GDP
38.1%
2024
22.9%
2024
Consumer prices inflation
1.55%
2023-2024
28.3%
2023-2024
Central bank interest rate n/a
21%
2025
Unemployment rate
3.39%
2024
5.95%
2024
Population
18487749
120697176

Spending and national debt comparison by year

Ecuador
Spending

Debt
Egypt
Spending

Debt
1x
Year % of GDP
Ecuador Egypt
Government spending Government debt Government spending Government debt
2024 38.1% 53.8% 22.9% 90.9%
2023 39.5% 54.3% 22.7% 95.9%
2022 38.9% 57.2% 24.9% 88.5%
2021 37.5% 61.8% 25.5% 89.9%
2020 40.2% 63.6% 25.7% 86.2%
2019 39.8% 52.1% 26.9% 80.1%
2018 40.9% 49.5% 28.6% 87.9%
2017 40.5% 47.4% 30.6% 97.8%
2016 44.1% 46.1% 31% 91.6%
2015 44.1% 36.4% 31.3% 83.8%
2014 45.9% 28.2% 33.9% 80.9%
2013 46.7% 23.4% 32.9% 79.8%
2012 43.2% 19.3% 29.2% 69.9%
2011 39.6% 18.6% 30.5% 72.8%
2010 35.4% 18.4% 31.4% 69.6%
2009 34.3% 19.7% 32.5% 69.5%
2008 35.6% 24.9% 32.7% 66.8%
2007 24.7% 29.6% 31.3% 76.3%
2006 21.7% 33.1% 34.5% 85.9%
2005 22% 35.8% 30.3% 98.3%
2004 21.3% 40.2% 30.1% 96.5%
2003 21.3% 47.2% 30.6% 97.1%
2002 22.8% 55% 30.9% 85.8%
2001 21.4% 63.8% 27.9% 79.1%
2000 24.3% 92.2% 26% 71.7%
1999 24.1% 105.2% 26.3% 72.4%
1998 21.5% 70.3% - 73.8%
1997 22% 61.5% - -
1996 22.7% 69.3% - -
1995 22% 70.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–2000, retrieved 2026-02-20).

GeoRank.org/economy/ecuador/egypt | CC BY

In 2024, Ecuador's government spending was $47.5B, accounting for 38.1% of its GDP, while Egypt spent $89.2B, or 22.9% of GDP.

Debt-to-GDP ratio is 53.8% in Ecuador and 90.9% in Egypt, ranking 98/185 and 31/185, respectively.

Government deficit by year

Deficit/surplus
Ecuador

Egypt
1x
Year Deficit/surplus, % of GDP
Ecuador Egypt
2024 -1.28% -7.12%
2023 -3.48% -5.77%
2022 0.04% -5.74%
2021 -1.59% -6.96%
2020 -7.38% -7.47%
2019 -3.47% -7.6%
2018 -2.8% -8.97%
2017 -5.77% -9.9%
2016 -10.3% -11.8%
2015 -6.87% -10.4%
2014 -8.11% -10.7%
2013 -8.17% -12.3%
2012 -2.83% -9.47%
2011 -0.13% -9.6%
2010 -1.39% -7.45%
2009 -3.71% -6.2%
2008 0.57% -6.05%
2007 2.66% -4.9%
2006 2.92% -7.35%
2005 0.66% -6.69%
2004 1.94% -5.76%
2003 1.05% -5.73%
2002 0.74% -6.77%
2001 0.03% -1.07%
2000 -0.32% 1.32%
1999 -4.82% 2.14%
1998 -5.1% -
1997 -2.83% -
1996 -3.44% -
1995 -2.02% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/ecuador/egypt | CC BY

In 2024, Ecuador's government deficit, the difference between spending and revenue, was $1.59B, equivalent to 1.28% of GDP. This compares to Egypt's deficit of $27.7B, or 7.12% of GDP.

Over the past 26 years, Ecuador recorded a fiscal deficit in 17 of those years, while Egypt ran a deficit in 24 years. On average, Ecuador posted an annual deficit equal to 2.38% of GDP, compared to deficit of 6.86% of GDP for Egypt.

Inflation comparison by year

Inflation
Ecuador

Egypt
1x
Year Consumer prices inflation
Ecuador Egypt
2024 1.55% 28.3%
2023 2.22% 33.9%
2022 3.47% 13.9%
2021 0.13% 5.21%
2020 -0.34% 5.04%
2019 0.27% 9.15%
2018 -0.22% 14.4%
2017 0.42% 29.5%
2016 1.73% 13.8%
2015 3.97% 10.4%
2014 3.59% 10.1%
2013 2.72% 9.47%
2012 5.1% 7.11%
2011 4.47% 10.1%
2010 3.55% 11.3%
2009 5.16% 11.8%
2008 8.4% 18.3%
2007 2.28% 9.32%
2006 3.3% 7.64%
2005 2.17% 4.87%
2004 2.74% 11.3%
2003 7.93% 4.51%
2002 12.5% 2.74%
2001 37.7% 2.27%
2000 96.1% 2.68%
1999 52.2% 3.08%
1998 36.1% 3.87%
1997 30.7% 4.63%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/ecuador/egypt | CC BY

Over the past 28 years, Ecuador has recorded an average annual inflation rate of 11.8%, compared with 10.7% in Egypt. In 2024, inflation was 1.55% in Ecuador and 28.3% in Egypt.

Top exports between countries

Ecuador
Export category Export value
Processed food, beverages & tobacco $671K
Raw agricultural goods $653K
Animal & marine products $251K
Machinery & equipment $150K
Chemicals & pharma $46K
Textiles & consumer goods $25K
Raw materials & minerals $18K
Metals $6K
Miscellaneous $6K
Egypt
Export category Export value
Chemicals & pharma $3.92M
Raw materials & minerals $1.25M
Textiles & consumer goods $836K
Raw agricultural goods $714K
Processed food, beverages & tobacco $383K
Wood & paper products $236K
Metals $166K
Machinery & equipment $144K
Miscellaneous $3K
Precious metals & jewellery $1K

Balance of trade

Ecuador Egypt
Current account balance
$7.06B
2024
-$22.3B
2024
Current account balance ranking
27/190
2024
184/190
2024
Current account balance, % of GDP
+5.66%
2024
-5.72%
2024
Goods imports
$27.9B
2024
$72.9B
2024
Goods exports
$34.7B
2024
$34.8B
2024
Service imports
$6.18B
2024
$27.5B
2024
Service exports
$3.86B
2024
$29.6B
2024
Imports of goods and services, % of GDP
26.9%
2024
23.2%
2024
Exports of goods and services, % of GDP
30.3%
2024
16.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Ecuador Egypt
Economic freedom 55.6 50.3
Economic freedom ranking 127/197 160/197
Property rights 33.2 35.5
Government integrity 33 27.1
Judicial effectiveness 48.1 24
Tax burden 74.2 85.7
Government spending 54.9 83.4
Fiscal health 90.3 21.8
Business freedom 64.3 51.4
Labor freedom 56.9 43.1
Monetary freedom 76.3 56
Trade freedom 66.4 60.2
Investment freedom 30 65
Financial freedom 40 50

Economic freedom comparison by year

Ecuador
Egypt
1x
Year Economic freedom index
Ecuador Egypt
2026 55.6 50.3
2025 55.8 50.9
2024 55 49.7
2023 55 49.6
2022 54.3 49.1
2021 52.4 55.7
2020 51.3 54
2019 46.9 52.5
2018 48.5 53.4
2017 49.3 52.6
2016 48.6 56
2015 49.2 55.2
2014 48 52.9
2013 46.9 54.8
2012 48.3 57.9
2011 47.1 59.1
2010 49.3 59
2009 52.5 58
2008 55.2 58.5
2007 55.3 54.4
2006 54.6 53.2
2005 52.9 55.8
2004 54.4 55.5
2003 54.1 55.3
2002 53.1 54.1
2001 55.1 51.5
2000 59.8 51.7
1999 62.9 58
1998 62.8 55.8
1997 61 54.5
1996 60.1 52
1995 57.7 45.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/ecuador/egypt | CC BY

The Economic Freedom Index for Ecuador is 55.6, ranking 127/197, compared to 50.3 for Egypt, ranking 160/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Ecuador Egypt
Services, % of GDP
57.2%
2024
48.9%
2024
Industry, % of GDP
26.5%
2024
32.6%
2024
Agriculture, forestry, and fishing, % of GDP
9.48%
2024
13.7%
2024
GNI, Atlas method
$117B
2024
$409B
2024
GNI per capita, PPP
$15,410
2024
$18,230
2024
Total reserves including gold
$6.91B
2024
$44.9B
2024
Total reserves ranking
87/177
2024
44/177
2024
Net foreign direct investment
-$438M
2024
-$46.1B
2024
Net inflows of foreign direct investment
$443M
2024
$46.6B
2024
Net outflows of foreign direct investment
$0
2024
$508M
2024
Servicing debt to the IMF, % of GNI
7%
2024
8.86%
2024
Poverty at national poverty lines
28%
2024
33.5%
2021
Gross capital formation, % of GDP
18.5%
2024
13%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/ecuador/egypt | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1995–2000, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.