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Economy of Ecuador vs Mauritius compared: GDP & Debt

Updated on by Georank team

Ecuador has a GDP of $125B compared to $14.9B for Mauritius, ranking 62/197 and 143/197 by economy size, respectively.

Ecuador has $67B in government debt (53.8% of GDP), compared to $13.6B (91.1% of GDP) in Mauritius.

Ecuador vs Mauritius GDP by year

Ecuador
Mauritius
1x
Year GDP, current $
Ecuador Mauritius
2024 $124,676,074,700 $14,937,861,786
2023 $121,147,057,000 $14,072,212,290
2022 $116,133,121,000 $12,936,444,123
2021 $107,179,074,000 $11,622,048,697
2020 $95,865,473,000 $11,566,111,138
2019 $107,595,830,000 $14,645,235,205
2018 $107,478,961,000 $14,957,535,716
2017 $104,467,486,000 $13,896,938,315
2016 $97,671,433,000 $12,757,680,847
2015 $97,209,558,000 $12,162,211,503
2014 $102,717,794,000 $13,230,490,082
2013 $96,570,334,000 $12,434,596,541
2012 $87,735,048,000 $11,832,323,837
2011 $78,986,648,000 $11,677,718,382
2010 $68,151,329,000 $10,144,716,155
2009 $60,094,978,000 $9,264,513,545
2008 $61,139,438,000 $10,127,777,060
2007 $49,848,725,000 $8,277,442,915
2006 $45,690,762,000 $7,137,710,413
2005 $40,278,849,000 $6,576,108,447
2004 $35,194,947,000 $6,667,418,752
2003 $30,965,208,000 $5,894,873,920
2002 $27,054,197,000 $4,906,494,249
2001 $23,127,055,000 $4,675,755,867
2000 $17,539,454,727 $4,726,108,622
1999 $19,645,272,636 $4,402,193,195
1998 $27,981,896,948 $4,225,813,976
1997 $28,162,053,027 $4,243,755,308
1996 $25,226,393,197 $4,481,489,762
1995 $24,432,884,442 $4,094,741,652
1994 $22,708,673,337 $3,606,050,873
1993 $18,938,717,359 $3,307,302,126
1992 $18,094,238,119 $3,267,677,814
1991 $16,988,535,268 $2,895,354,736
1990 $15,239,272,612 $2,689,212,760
1989 $13,890,823,705 $2,211,312,823
1988 $13,051,881,851 $2,163,252,449
1987 $13,945,426,859 $1,906,174,438
1986 $15,314,138,472 $1,482,601,552
1985 $17,149,088,413 $1,090,611,325
1984 $16,912,509,092 $1,054,564,759
1983 $17,152,477,037 $1,104,956,573
1982 $19,929,846,396 $1,092,923,636
1981 $21,810,759,354 $1,157,769,444
1980 $17,881,508,242 $1,147,027,924
1979 $14,175,160,902 $1,227,446,632
1978 $11,922,497,876 $1,029,040,323
1977 $11,026,342,618 $834,722,972
1976 $9,091,921,030 $713,510,052
1975 $7,731,674,472 $673,311,287
1974 $6,599,257,044 $669,894,030
1973 $3,891,754,150 $404,285,775
1972 $3,185,986,087 $318,664,900
1971 $2,754,219,271 $251,437,338
1970 $2,862,503,139 $224,125,805
1969 $3,112,165,727 $221,553,613
1968 $2,582,179,864 $206,576,631
1967 $2,553,595,172 $238,439,291
1966 $2,429,308,639 $227,534,083
1965 $2,387,047,396 $230,024,161
1964 $2,244,146,103 $218,914,569
1963 $1,824,343,871 $253,839,558
1962 $1,518,207,703 $197,738,208
1961 $1,753,850,955 $191,757,729
1960 $2,069,464,937 $162,089,564

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

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

GDP per capita in Ecuador vs Mauritius by year

Ecuador
GDP per capita

GDP per capita, PPP
Mauritius
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ecuador Mauritius
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,875 $15,840 $11,991 $31,840
2023 $6,738 $15,919 $11,270 $29,561
2022 $6,516 $15,198 $10,247 $26,874
2021 $6,061 $13,507 $9,178 $23,010
2020 $5,464 $11,527 $9,136 $21,622
2019 $6,205 $12,543 $11,568 $24,375
2018 $6,304 $12,187 $11,819 $23,416
2017 $6,233 $11,793 $10,987 $22,898
2016 $5,918 $10,881 $10,095 $21,952
2015 $5,976 $10,878 $9,631 $20,270
2014 $6,406 $11,836 $10,490 $19,294
2013 $6,109 $11,296 $9,877 $18,435
2012 $5,634 $10,245 $9,422 $17,259
2011 $5,154 $9,769 $9,324 $16,884
2010 $4,520 $8,969 $8,113 $15,920
2009 $4,053 $8,662 $7,427 $15,105
2008 $4,195 $8,663 $8,141 $14,569
2007 $3,479 $8,112 $6,677 $13,612
2006 $3,244 $7,885 $5,784 $12,593
2005 $2,909 $7,457 $5,354 $11,703
2004 $2,586 $6,980 $5,461 $11,216
2003 $2,316 $6,475 $4,858 $10,535
2002 $2,059 $6,282 $4,073 $9,824
2001 $1,791 $5,999 $3,909 $9,586
2000 $1,382 $5,728 $3,982 $9,143
1999 $1,575 $5,638 $3,746 $8,344
1998 $2,284 $5,940 $3,642 $8,121
1997 $2,341 $5,793 $3,696 $7,651
1996 $2,136 $5,560 $3,952 $7,206
1995 $2,108 $5,469 $3,648 $6,771
1994 $1,997 $5,339 $3,240 $6,414
1993 $1,698 $5,112 $3,014 $6,116
1992 $1,655 $4,998 $3,013 $5,753
1991 $1,587 $4,887 $2,705 $5,351
1990 $1,455 $4,632 $2,540 $5,010
1989 $1,356 - $2,103 -
1988 $1,304 - $2,074 -
1987 $1,426 - $1,840 -
1986 $1,604 - $1,442 -
1985 $1,842 - $1,069 -
1984 $1,864 - $1,042 -
1983 $1,940 - $1,103 -
1982 $2,314 - $1,101 -
1981 $2,601 - $1,181 -
1980 $2,190 - $1,187 -
1979 $1,783 - $1,292 -
1978 $1,541 - $1,102 -
1977 $1,465 - $906 -
1976 $1,242 - $787 -
1975 $1,086 - $755 -
1974 $954 - $763 -
1973 $579 - $467 -
1972 $488 - $374 -
1971 $434 - $299.6 -
1970 $465 - $271.3 -
1969 $521 - $272.7 -
1968 $445 - $258.7 -
1967 $454 - $304 -
1966 $445 - $296 -
1965 $450 - $305 -
1964 $436 - $297.3 -
1963 $365 - $353 -
1962 $312 - $282.3 -
1961 $371 - $281.7 -
1960 $451 - $238.3 -

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

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

Ecuador's GDP per capita is $6,875, ranking 103/197, compared to $11,991 in Mauritius, ranking 78/197. Adjusted for purchasing power (GDP per capita PPP), Ecuador ranks 110th at $15,840, while Mauritius ranks 71st at $31,840.

Economic indicators

Ecuador Mauritius
Gross domestic product
$125B
2024
$14.9B
2024
GDP rank
62/197
2024
143/197
2024
GDP growth
-2%
2023-2024
4.93%
2023-2024
GDP per capita
$6,875
2024
$11,991
2024
GDP per capita rank
103/197
2024
78/197
2024
GDP per capita, PPP
$15,840
2024
$31,840
2024
GDP per capita PPP rank
110/197
2024
71/197
2024
Government debt
$67B
2024
$13.6B
2024
Debt-to-GDP ratio
53.8%
2024
91.1%
2024
Government debt per person
$3,695
2024
$10,929
2024
Government debt per person rank
93/185
2024
54/185
2024
Average annual personal income after taxes
$5,894
2026
$7,203
2026
Market capitalization of domestic companies
$747M
2000
$9.12B
2024
Income share by richest 10%
33.4%
2024
29.9%
2017
Income share by poorest 10%
1.5%
2024
2.9%
2017
Government expenditure, % of GDP
38.1%
2024
33.7%
2024
Consumer prices inflation
1.55%
2023-2024
3.6%
2023-2024
Central bank interest rate n/a
4.5%
2025
Unemployment rate
3.39%
2024
5.21%
2024
Population
18487749
1240121

Spending and national debt comparison by year

Ecuador
Spending

Debt
Mauritius
Spending

Debt
1x
Year % of GDP
Ecuador Mauritius
Government spending Government debt Government spending Government debt
2024 38.1% 53.8% 33.7% 91.1%
2023 39.5% 54.3% 29.9% 85.6%
2022 38.9% 57.2% 29.4% 86.9%
2021 37.5% 61.8% 30.8% 93.8%
2020 40.2% 63.6% 32.6% 93.4%
2019 39.8% 52.1% 27.8% 74.6%
2018 40.9% 49.5% 24.3% 64.1%
2017 40.5% 47.4% 24.3% 63%
2016 44.1% 46.1% 24% 64.3%
2015 44.1% 36.4% 24.5% 65%
2014 45.9% 28.2% 23% 60.6%
2013 46.7% 23.4% 24.1% 58.2%
2012 43.2% 19.3% 22.5% 55.9%
2011 39.6% 18.6% 23.7% 56.5%
2010 35.4% 18.4% 24% 56.4%
2009 34.3% 19.7% 25.2% 58.4%
2008 35.6% 24.9% 22.7% 49.4%
2007 24.7% 29.6% 21.5% 51.6%
2006 21.7% 33.1% 22.2% 59.3%
2005 22% 35.8% 23% 61.7%
2004 21.3% 40.2% 22.6% 61.1%
2003 21.3% 47.2% 23.4% 70.8%
2002 22.8% 55% 23.3% 66.7%
2001 21.4% 63.8% 22.4% 60.5%
2000 24.3% 92.2% 22.2% 59.7%
1999 24.1% 105.2% 27.5% -
1998 21.5% 70.3% 26.6% -
1997 22% 61.5% 27.5% -
1996 22.7% 69.3% 27.4% -
1995 22% 70.5% 27.3% -
1994 - - 27.5% -
1993 - - 24.5% -
1992 - - 26.8% -
1991 - - 27.2% -
1990 - - 30.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–2000, retrieved 2026-02-20).

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

In 2024, Ecuador's government spending was $47.5B, accounting for 38.1% of its GDP, while Mauritius spent $5.03B, or 33.7% of GDP.

Debt-to-GDP ratio is 53.8% in Ecuador and 91.1% in Mauritius, ranking 98/185 and 30/185, respectively.

Government deficit by year

Deficit/surplus
Ecuador

Mauritius
1x
Year Deficit/surplus, % of GDP
Ecuador Mauritius
2024 -1.28% -7.47%
2023 -3.48% -4.7%
2022 0.04% -3.34%
2021 -1.59% -4.45%
2020 -7.38% -10.6%
2019 -3.47% -7.53%
2018 -2.8% -2.19%
2017 -5.77% -1.66%
2016 -10.3% -2.81%
2015 -6.87% -3.59%
2014 -8.11% -3.13%
2013 -8.17% -3.4%
2012 -2.83% -1.78%
2011 -0.13% -3.09%
2010 -1.39% -3.07%
2009 -3.71% -3.41%
2008 0.57% -2.66%
2007 2.66% -3.09%
2006 2.92% -4.14%
2005 0.66% -4.44%
2004 1.94% -4.34%
2003 1.05% -4.82%
2002 0.74% -5.18%
2001 0.03% -5.53%
2000 -0.32% -4.4%
1999 -4.82% -
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/mauritius | 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 Mauritius' deficit of $1.12B, or 7.47% of GDP.

Over the past 25 years, Ecuador recorded a fiscal deficit in 16 of those years, while Mauritius ran a deficit in 25 years. On average, Ecuador posted an annual deficit equal to 2.28% of GDP, compared to deficit of 4.19% of GDP for Mauritius.

Inflation comparison by year

Inflation
Ecuador

Mauritius
1x
Year Consumer prices inflation
Ecuador Mauritius
2024 1.55% 3.6%
2023 2.22% 7.05%
2022 3.47% 10.8%
2021 0.13% 4.03%
2020 -0.34% 2.58%
2019 0.27% 0.41%
2018 -0.22% 3.22%
2017 0.42% 3.67%
2016 1.73% 0.98%
2015 3.97% 1.29%
2014 3.59% 3.22%
2013 2.72% 3.54%
2012 5.1% 3.85%
2011 4.47% 6.52%
2010 3.55% 2.93%
2009 5.16% 2.52%
2008 8.4% 9.73%
2007 2.28% 8.83%
2006 3.3% 8.91%
2005 2.17% 4.94%
2004 2.74% 4.71%
2003 7.93% 3.92%
2002 12.5% 6.42%
2001 37.7% 5.39%
2000 96.1% 4.2%
1999 52.2% 6.91%
1998 36.1% 6.81%
1997 30.7% 6.83%

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

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

Over the past 28 years, Ecuador has recorded an average annual inflation rate of 11.8%, compared with 4.92% in Mauritius. In 2024, inflation was 1.55% in Ecuador and 3.6% in Mauritius.

Top exports between countries

Ecuador
Export category Export value
Animal & marine products $82K
Processed food, beverages & tobacco $45K
Textiles & consumer goods $14K
Mauritius
Export category Export value
Animal & marine products $1.97M
Textiles & consumer goods $1K

Balance of trade

Ecuador Mauritius
Current account balance
$7.06B
2024
-$1.05B
2024
Current account balance ranking
27/190
2024
126/190
2024
Current account balance, % of GDP
+5.66%
2024
-7.03%
2024
Goods imports
$27.9B
2024
$6.35B
2024
Goods exports
$34.7B
2024
$2.37B
2024
Service imports
$6.18B
2024
$2.28B
2024
Service exports
$3.86B
2024
$4.19B
2024
Imports of goods and services, % of GDP
26.9%
2024
78.3%
2024
Exports of goods and services, % of GDP
30.3%
2024
67.1%
2024

Economic freedom indices

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

Ecuador Mauritius
Economic freedom 55.6 73
Economic freedom ranking 127/197 26/197
Property rights 33.2 83.9
Government integrity 33 53.4
Judicial effectiveness 48.1 80.7
Tax burden 74.2 89.6
Government spending 54.9 73.8
Fiscal health 90.3 45.5
Business freedom 64.3 81.5
Labor freedom 56.9 69.6
Monetary freedom 76.3 70.7
Trade freedom 66.4 87
Investment freedom 30 70
Financial freedom 40 70

Economic freedom comparison by year

Ecuador
Mauritius
1x
Year Economic freedom index
Ecuador Mauritius
2026 55.6 73
2025 55.8 75
2024 55 71.5
2023 55 70.6
2022 54.3 70.9
2021 52.4 77
2020 51.3 74.9
2019 46.9 73
2018 48.5 75.1
2017 49.3 74.7
2016 48.6 74.7
2015 49.2 76.4
2014 48 76.5
2013 46.9 76.9
2012 48.3 77
2011 47.1 76.2
2010 49.3 76.3
2009 52.5 74.3
2008 55.2 72.6
2007 55.3 69.4
2006 54.6 67.4
2005 52.9 67.2
2004 54.4 64.3
2003 54.1 64.4
2002 53.1 67.7
2001 55.1 66.4
2000 59.8 67.2
1999 62.9 68.5
1998 62.8 -
1997 61 -
1996 60.1 -
1995 57.7 -

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

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

The Economic Freedom Index for Ecuador is 55.6, ranking 127/197, compared to 73 for Mauritius, ranking 26/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Ecuador Mauritius
Services, % of GDP
57.2%
2024
64.4%
2024
Industry, % of GDP
26.5%
2024
17.8%
2024
Agriculture, forestry, and fishing, % of GDP
9.48%
2024
4.23%
2024
GNI, Atlas method
$117B
2024
$16.2B
2024
GNI per capita, PPP
$15,410
2024
$35,100
2024
Total reserves including gold
$6.91B
2024
$8.51B
2024
Total reserves ranking
87/177
2024
83/177
2024
Net foreign direct investment
-$438M
2024
$963M
2024
Net inflows of foreign direct investment
$443M
2024
$681M
2024
Net outflows of foreign direct investment
$0
2024
$38.3M
2024
Servicing debt to the IMF, % of GNI
7%
2024
10.1%
2024
Poverty at national poverty lines
28%
2024
8.4%
2023
Gross capital formation, % of GDP
18.5%
2024
21.2%
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/mauritius | 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 (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 (1995–2000, retrieved 2026-02-20)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  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.