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Economy of Ecuador vs Jordan compared: GDP & Debt

Updated on by Georank team

Ecuador has a GDP of $125B compared to $53.4B for Jordan, ranking 62/197 and 90/197 by economy size, respectively.

Ecuador has $67B in government debt (53.8% of GDP), compared to $48.1B (90.2% of GDP) in Jordan.

Ecuador vs Jordan GDP by year

Ecuador
Jordan
1x
Year GDP, current $
Ecuador Jordan
2024 $124,676,074,700 $53,352,289,577
2023 $121,147,057,000 $51,088,476,338
2022 $116,133,121,000 $48,764,963,380
2021 $107,179,074,000 $46,296,100,141
2020 $95,865,473,000 $43,700,383,099
2019 $107,595,830,000 $44,503,006,338
2018 $107,478,961,000 $43,370,860,704
2017 $104,467,486,000 $41,608,435,915
2016 $97,671,433,000 $39,892,551,127
2015 $97,209,558,000 $38,587,017,887
2014 $102,717,794,000 $36,847,643,521
2013 $96,570,334,000 $34,454,440,141
2012 $87,735,048,000 $31,634,561,690
2011 $78,986,648,000 $29,524,149,155
2010 $68,151,329,000 $27,133,804,225
2009 $60,094,978,000 $24,537,876,056
2008 $61,139,438,000 $22,658,715,989
2007 $49,848,725,000 $17,110,437,236
2006 $45,690,762,000 $15,056,981,664
2005 $40,278,849,000 $12,588,998,590
2004 $35,194,947,000 $11,411,706,629
2003 $30,965,208,000 $10,195,627,645
2002 $27,054,197,000 $9,582,510,578
2001 $23,127,055,000 $8,975,814,653
2000 $17,539,454,727 $8,460,789,845
1999 $19,645,272,636 $8,149,929,478
1998 $27,981,896,948 $7,912,270,804
1997 $28,162,053,027 $7,245,839,210
1996 $25,226,393,197 $6,927,503,526
1995 $24,432,884,442 $6,727,597,032
1994 $22,708,673,337 $6,236,295,978
1993 $18,938,717,359 $5,606,400,222
1992 $18,094,238,119 $5,310,833,194
1991 $16,988,535,268 $4,344,467,193
1990 $15,239,272,612 $4,160,087,508
1989 $13,890,823,705 $4,221,373,674
1988 $13,051,881,851 $6,277,451,829
1987 $13,945,426,859 $6,756,209,762
1986 $15,314,138,472 $6,402,050,485
1985 $17,149,088,413 $4,993,601,520
1984 $16,912,509,092 $4,967,162,160
1983 $17,152,477,037 $4,920,692,191
1982 $19,929,846,396 $4,681,240,993
1981 $21,810,759,354 $4,383,944,703
1980 $17,881,508,242 $3,910,044,474
1979 $14,175,160,902 $3,271,368,781
1978 $11,922,497,876 $2,602,208,589
1977 $11,026,342,618 $2,096,778,602
1976 $9,091,921,030 $1,708,521,219
1975 $7,731,674,472 $1,363,073,498
1974 $6,599,257,044 $1,197,483,949
1973 $3,891,754,150 $943,783,840
1972 $3,185,986,087 $788,479,685
1971 $2,754,219,271 $678,159,729
1970 $2,862,503,139 $639,519,744
1969 $3,112,165,727 $698,879,720
1968 $2,582,179,864 $561,119,776
1967 $2,553,595,172 $631,679,747
1966 $2,429,308,639 $657,999,737
1965 $2,387,047,396 $599,759,760
1964 $2,244,146,103 -
1963 $1,824,343,871 -
1962 $1,518,207,703 -
1961 $1,753,850,955 -
1960 $2,069,464,937 -

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

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

GDP per capita in Ecuador vs Jordan by year

Ecuador
GDP per capita

GDP per capita, PPP
Jordan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ecuador Jordan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,875 $15,840 $4,618 $10,821
2023 $6,738 $15,919 $4,466 $10,412
2022 $6,516 $15,198 $4,332 $9,927
2021 $6,061 $13,507 $4,183 $9,182
2020 $5,464 $11,527 $4,022 $9,579
2019 $6,205 $12,543 $4,170 $9,429
2018 $6,304 $12,187 $4,145 $9,042
2017 $6,233 $11,793 $4,066 $9,266
2016 $5,918 $10,881 $3,987 $8,748
2015 $5,976 $10,878 $4,043 $8,967
2014 $6,406 $11,836 $4,191 $9,145
2013 $6,109 $11,296 $4,311 $9,817
2012 $5,634 $10,245 $4,170 $9,739
2011 $5,154 $9,769 $3,947 $9,632
2010 $4,520 $8,969 $3,718 $9,417
2009 $4,053 $8,662 $3,436 $9,291
2008 $4,195 $8,663 $3,242 $8,983
2007 $3,479 $8,112 $2,506 $8,416
2006 $3,244 $7,885 $2,343 $8,046
2005 $2,909 $7,457 $2,088 $7,697
2004 $2,586 $6,980 $1,940 $7,074
2003 $2,316 $6,475 $1,776 $6,500
2002 $2,059 $6,282 $1,706 $6,256
2001 $1,791 $5,999 $1,632 $5,948
2000 $1,382 $5,728 $1,571 $5,641
1999 $1,575 $5,638 $1,545 $5,402
1998 $2,284 $5,940 $1,532 $5,264
1997 $2,341 $5,793 $1,436 $5,171
1996 $2,136 $5,560 $1,410 $5,055
1995 $2,108 $5,469 $1,416 $5,027
1994 $1,997 $5,339 $1,367 $4,830
1993 $1,698 $5,112 $1,289 $4,726
1992 $1,655 $4,998 $1,287 $4,654
1991 $1,587 $4,887 $1,110 $4,195
1990 $1,455 $4,632 $1,149 $4,317
1989 $1,356 - $1,260 -
1988 $1,304 - $1,966 -
1987 $1,426 - $2,217 -
1986 $1,604 - $2,200 -
1985 $1,842 - $1,797 -
1984 $1,864 - $1,871 -
1983 $1,940 - $1,939 -
1982 $2,314 - $1,929 -
1981 $2,601 - $1,885 -
1980 $2,190 - $1,750 -
1979 $1,783 - $1,519 -
1978 $1,541 - $1,249 -
1977 $1,465 - $1,039 -
1976 $1,242 - $873 -
1975 $1,086 - $718 -
1974 $954 - $651 -
1973 $579 - $531 -
1972 $488 - $460 -
1971 $434 - $412 -
1970 $465 - $409 -
1969 $521 - $474 -
1968 $445 - $409 -
1967 $454 - $497 -
1966 $445 - $558 -
1965 $450 - $546 -
1964 $436 - - -
1963 $365 - - -
1962 $312 - - -
1961 $371 - - -
1960 $451 - - -

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

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

Ecuador's GDP per capita is $6,875, ranking 103/197, compared to $4,618 in Jordan, ranking 123/197. Adjusted for purchasing power (GDP per capita PPP), Ecuador ranks 110th at $15,840, while Jordan ranks 131st at $10,821.

Economic indicators

Ecuador Jordan
Gross domestic product
$125B
2024
$53.4B
2024
GDP rank
62/197
2024
90/197
2024
GDP growth
-2%
2023-2024
2.49%
2023-2024
GDP per capita
$6,875
2024
$4,618
2024
GDP per capita rank
103/197
2024
123/197
2024
GDP per capita, PPP
$15,840
2024
$10,821
2024
GDP per capita PPP rank
110/197
2024
131/197
2024
Government debt
$67B
2024
$48.1B
2024
Debt-to-GDP ratio
53.8%
2024
90.2%
2024
Government debt per person
$3,695
2024
$4,167
2024
Government debt per person rank
93/185
2024
91/185
2024
Average annual personal income after taxes
$5,894
2026
$4,787
2026
Market capitalization of domestic companies
$747M
2000
$24.9B
2024
Income share by richest 10%
33.4%
2024
27.4%
2010
Income share by poorest 10%
1.5%
2024
3.5%
2010
Government expenditure, % of GDP
38.1%
2024
33%
2024
Consumer prices inflation
1.55%
2023-2024
1.56%
2023-2024
Central bank interest rate n/a
5.75%
2025
Unemployment rate
3.39%
2024
16.6%
2023
Population
18487749
11555022

Spending and national debt comparison by year

Ecuador
Spending

Debt
Jordan
Spending

Debt
1x
Year % of GDP
Ecuador Jordan
Government spending Government debt Government spending Government debt
2024 38.1% 53.8% 33% 90.2%
2023 39.5% 54.3% 32.9% 89%
2022 38.9% 57.2% 33.3% 88.6%
2021 37.5% 61.8% 34.1% 87.6%
2020 40.2% 63.6% 33.7% 104.5%
2019 39.8% 52.1% 32.4% 92.9%
2018 40.9% 49.5% 32% 87.4%
2017 40.5% 47.4% 29.6% 86.1%
2016 44.1% 46.1% 29.8% 85%
2015 44.1% 36.4% 31.7% 83.4%
2014 45.9% 28.2% 39.2% 78.6%
2013 46.7% 23.4% 36.4% 78.1%
2012 43.2% 19.3% 32.2% 73.8%
2011 39.6% 18.6% 27.4% 63.9%
2010 35.4% 18.4% 29.8% 59.5%
2009 34.3% 19.7% 35.9% 55.5%
2008 35.6% 24.9% 35.8% 53.2%
2007 24.7% 29.6% 37.7% 64.4%
2006 21.7% 33.1% 34.7% 65.6%
2005 22% 35.8% 37.3% 80.5%
2004 21.3% 40.2% 36.6% 86%
2003 21.3% 47.2% 36% 94.6%
2002 22.8% 55% 32.9% 91.3%
2001 21.4% 63.8% 32.1% 89.7%
2000 24.3% 92.2% 33.1% 85.6%
1999 24.1% 105.2% 32.7% 98.1%
1998 21.5% 70.3% 34.9% 99.8%
1997 22% 61.5% 33.9% 98.1%
1996 22.7% 69.3% 36.2% 104.9%
1995 22% 70.5% 35.5% 106.1%
1994 - - 34.3% 116.2%
1993 - - 36.4% 126.6%
1992 - - 35.5% 139.6%
1991 - - 44.9% 187%
1990 - - 44% 204.8%
1989 - - 42.5% 195.4%
1988 - - 44.3% 129.3%
1987 - - 42.1% 101.9%
1986 - - 33.8% 84.3%
1985 - - 42.4% 85.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–2000, retrieved 2026-02-20).

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

In 2024, Ecuador's government spending was $47.5B, accounting for 38.1% of its GDP, while Jordan spent $17.6B, or 33% of GDP.

Debt-to-GDP ratio is 53.8% in Ecuador and 90.2% in Jordan, ranking 98/185 and 32/185, respectively.

Government deficit by year

Deficit/surplus
Ecuador

Jordan
1x
Year Deficit/surplus, % of GDP
Ecuador Jordan
2024 -1.28% -7.33%
2023 -3.48% -6.89%
2022 0.04% -6.8%
2021 -1.59% -8.45%
2020 -7.38% -10.1%
2019 -3.47% -7.19%
2018 -2.8% -5.78%
2017 -5.77% -3.61%
2016 -10.3% -3.71%
2015 -6.87% -7.1%
2014 -8.11% -15.5%
2013 -8.17% -16.1%
2012 -2.83% -13.8%
2011 -0.13% -5.61%
2010 -1.39% -5.43%
2009 -3.71% -8.66%
2008 0.57% -5.38%
2007 2.66% -5.45%
2006 2.92% -3.82%
2005 0.66% -5.36%
2004 1.94% -1.09%
2003 1.05% -2.52%
2002 0.74% -4.44%
2001 0.03% -2.77%
2000 -0.32% -3.99%
1999 -4.82% -2.69%
1998 -5.1% -5.4%
1997 -2.83% -2.97%
1996 -3.44% -3.25%
1995 -2.02% -1.72%
1994 - -2.3%
1993 - -2.14%
1992 - 1.87%
1991 - -10.2%
1990 - -7.45%
1989 - -6.89%
1988 - -13%
1987 - -13.4%
1986 - -2.39%
1985 - -6.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/ecuador/jordan | 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 Jordan's deficit of $3.91B, or 7.33% of GDP.

Over the past 30 years, Ecuador recorded a fiscal deficit in 21 of those years, while Jordan ran a deficit in 30 years. On average, Ecuador posted an annual deficit equal to 2.51% of GDP, compared to deficit of 6.1% of GDP for Jordan.

Inflation comparison by year

Inflation
Ecuador

Jordan
1x
Year Consumer prices inflation
Ecuador Jordan
2024 1.55% 1.56%
2023 2.22% 2.08%
2022 3.47% 4.23%
2021 0.13% 1.35%
2020 -0.34% 0.33%
2019 0.27% 0.76%
2018 -0.22% 4.46%
2017 0.42% 3.32%
2016 1.73% -0.78%
2015 3.97% -0.88%
2014 3.59% 2.9%
2013 2.72% 4.82%
2012 5.1% 4.52%
2011 4.47% 4.16%
2010 3.55% 4.85%
2009 5.16% -0.74%
2008 8.4% 14%
2007 2.28% 4.74%
2006 3.3% 6.25%
2005 2.17% 3.49%
2004 2.74% 3.36%
2003 7.93% 1.63%
2002 12.5% 1.83%
2001 37.7% 1.77%
2000 96.1% 0.67%
1999 52.2% 0.61%
1998 36.1% 3.09%
1997 30.7% 3.04%

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

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

Over the past 28 years, Ecuador has recorded an average annual inflation rate of 11.8%, compared with 2.91% in Jordan. In 2024, inflation was 1.55% in Ecuador and 1.56% in Jordan.

Top exports between countries

Ecuador
Export category Export value
Raw agricultural goods $17.2M
Animal & marine products $1.05M
Processed food, beverages & tobacco $91K
Machinery & equipment $15K
Wood & paper products $11K
Miscellaneous $2K
Chemicals & pharma $1K
Jordan
Export category Export value
Raw materials & minerals $482K
Raw agricultural goods $15K
Chemicals & pharma $6K
Textiles & consumer goods $6K
Machinery & equipment $4K

Balance of trade

Ecuador Jordan
Current account balance
$7.06B
2024
-$3.13B
2024
Current account balance ranking
27/190
2024
158/190
2024
Current account balance, % of GDP
+5.66%
2024
-5.86%
2024
Goods imports
$27.9B
2024
$23.9B
2024
Goods exports
$34.7B
2024
$13.3B
2024
Service imports
$6.18B
2024
$6.5B
2024
Service exports
$3.86B
2024
$9.45B
2024
Imports of goods and services, % of GDP
26.9%
2024
57.1%
2024
Exports of goods and services, % of GDP
30.3%
2024
42.6%
2024

Economic freedom indices

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

Ecuador Jordan
Economic freedom 55.6 59.3
Economic freedom ranking 127/197 104/197
Property rights 33.2 52.3
Government integrity 33 51
Judicial effectiveness 48.1 44
Tax burden 74.2 84.1
Government spending 54.9 67.2
Fiscal health 90.3 5.2
Business freedom 64.3 62.7
Labor freedom 56.9 51.3
Monetary freedom 76.3 81.2
Trade freedom 66.4 82
Investment freedom 30 70
Financial freedom 40 60

Economic freedom comparison by year

Ecuador
Jordan
1x
Year Economic freedom index
Ecuador Jordan
2026 55.6 59.3
2025 55.8 59.4
2024 55 58.3
2023 55 58.8
2022 54.3 60.1
2021 52.4 64.6
2020 51.3 66
2019 46.9 66.5
2018 48.5 64.9
2017 49.3 66.7
2016 48.6 68.3
2015 49.2 69.3
2014 48 69.2
2013 46.9 70.4
2012 48.3 69.9
2011 47.1 68.9
2010 49.3 66.1
2009 52.5 65.4
2008 55.2 64.1
2007 55.3 64.5
2006 54.6 63.7
2005 52.9 66.7
2004 54.4 66.1
2003 54.1 65.3
2002 53.1 66.2
2001 55.1 68.3
2000 59.8 67.5
1999 62.9 67.4
1998 62.8 66.8
1997 61 63.6
1996 60.1 60.8
1995 57.7 62.7

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

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

The Economic Freedom Index for Ecuador is 55.6, ranking 127/197, compared to 59.3 for Jordan, ranking 104/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Ecuador Jordan
Services, % of GDP
57.2%
2024
60.4%
2024
Industry, % of GDP
26.5%
2024
25.1%
2024
Agriculture, forestry, and fishing, % of GDP
9.48%
2024
5.07%
2024
GNI, Atlas method
$117B
2024
$51.2B
2024
GNI per capita, PPP
$15,410
2024
$10,570
2024
Total reserves including gold
$6.91B
2024
$21.9B
2024
Total reserves ranking
87/177
2024
60/177
2024
Net foreign direct investment
-$438M
2024
-$1.58B
2024
Net inflows of foreign direct investment
$443M
2024
$1.63B
2024
Net outflows of foreign direct investment
$0
2024
$54.1M
2024
Servicing debt to the IMF, % of GNI
7%
2024
8.64%
2024
Poverty at national poverty lines
28%
2024
14.2%
2020
Gross capital formation, % of GDP
18.5%
2024
25.2%
2021

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/jordan | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1985–2000, retrieved 2026-02-20)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.