Ecuador vs Ireland: Economic Indicators Comparison

Ireland with a GDP of $382.5B ranked the 33rd largest economy in the world, while Ecuador ranked 61st with $108.4B. By GDP 5-years average growth and GDP per capita, Ireland and Ecuador ranked 1st vs 150th and 7th vs 96th, respectively.

Gross Domestic Product & Income

StatEcuadorIreland
GDP$108.4B$382.5B
GDP growth, 1 year1.1%6.8%
GDP growth, 5-years average1.2%10.5%
Population16.6M4.8M
GDP per capita$6.3k$79k
GDP per capita growth-0.4%7.14%
Purchasing Power Parity conversion factor0.540.8
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.95
GDP per capita, PPP adjusted$12k$79k
GNI, Atlas method$104.4B$297.9B
GNI per capita$6.1k$61k
GNI, PPP adjusted$195.1B$325.4B
GNI per capita, PPP adjusted$11k$67k

Financial system and Human development

StatEcuadorIreland
Income Tax Rate35%41%
Corporate Tax Rate25%12.5%
Inflation, consumer prices-0.2%0.7%
Inflation, GDP deflator2.5%0.8%
Unemployment3.9%5.7%
Economic Freedom Index51.380.9
Personal Freedom Index7.429.04
Human Freedom Index6.78.48
Property Rights Index40.486.6
Judical Effectiveness Index20.764.4
Business Freedom Index53.882.7
Fiscal Health Index62.391.4
Labor Freedom Index4875.9
Investment Freedom Index3590
Financial Freedom Index4070
Trade Freedom Index6686.4
Monetary Freedom Index8185.3
Government Spending Index57.978.8
Tax Burden Index77.576.4
Government Integrity Index33.482.8
Corruption Perceptions Index3473
Life expectancy at birth, years76.682
Suicide mortality rate, per 100,000 people7.111.5
Mortality caused by road traffic injury, per 100,000 people21.34.1
Intentional homicides, per 100,000 people5.80.9
International tourism, number of arrivals2.5M10.9M

Government debt & reserves

StatEcuadorIreland
Central government debt, % of GDP46.1%65.2%
External debt stocks, % of GNI42.6%N/A
External debt stocks$45BN/A
Short-term debt, % of total reserves34.8%N/A
Total debt service, % of exports and primary income36.7%N/A
Adjusted net savings including particulate emission damage, % of GNI11.4%16%
Gross savings, % of GDP25.3%36.6%
Gross capital formation, % of GDP26%23.8%
Total reserves including gold$2.2B$5.2B
Foreign direct investment net inflows$1.4B$64.5B

Exports, imports and economic structure

StatEcuadorIreland
Exports of goods and services, % of GDP22.8%122.3%
Imports of goods and services, % of GDP23%89.2%
Current account balance (balance of payments)-$1.5B$40.9B
Revenue excluding grants, % of GDPN/A24.2%
Grants excluding technical cooperation, BoP$122.5MN/A
Personal remittances received$3B$623.6M
Industry including construction value added, % of GDP32.7%36.8%
Agriculture, forestry and fishing value added, % of GDP9.2%0.9%
Charges for the use of intellectual property, payments BoP$18.9M$85.1B
Charges for the use of intellectual property, receipts BoPN/A$13.9B
Expense, % of GDPN/A23.3%
Government Expenditure, % of GDP37.5%26.6%

Compare with countries close by GDP per capita

Ecuador vs

CountryGDP
per capita
Population
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M

Ireland vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k