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Economy of Ecuador vs Pakistan compared: GDP & Debt

Updated on by Georank

Ecuador has a GDP of $130B compared to $407B for Pakistan, ranking 64/197 and 41/197 by economy size, respectively.

Ecuador has $70.9B in government debt (54.4% of GDP), compared to $297B (72.8% of GDP) in Pakistan.

Ecuador vs Pakistan GDP by year

Ecuador
Pakistan
1x
Year GDP, current $
Ecuador Pakistan
2025 $130,320,560,400 $407,307,214,476
2024 $123,802,374,000 $371,747,087,751
2023 $120,792,801,000 $336,686,348,609
2022 $116,133,121,000 $374,890,295,667
2021 $107,179,074,000 $348,516,647,445
2020 $95,865,473,000 $300,425,609,818
2019 $107,595,830,000 $320,909,472,771
2018 $107,478,961,000 $356,128,166,705
2017 $104,467,486,000 $339,205,534,861
2016 $97,671,433,000 $313,630,000,130
2015 $97,209,558,000 $299,963,590,535
2014 $102,717,794,000 $271,390,474,858
2013 $96,570,334,000 $258,657,231,672
2012 $87,735,048,000 $250,106,966,105
2011 $78,986,648,000 $230,586,581,060
2010 $68,151,329,000 $196,709,621,850
2009 $60,094,978,000 $187,337,783,856
2008 $61,139,438,000 $202,203,748,584
2007 $49,848,725,000 $184,140,869,997
2006 $45,690,762,000 $161,871,385,506
2005 $40,278,849,000 $145,208,562,961
2004 $35,194,947,000 $132,216,048,339
2003 $30,965,208,000 $112,371,913,741
2002 $27,054,197,000 $97,923,302,809
2001 $23,127,055,000 $97,145,618,480
2000 $17,539,454,727 $99,484,802,345
1999 $19,645,272,636 $62,973,857,069
1998 $27,981,896,948 $62,191,955,814
1997 $28,162,053,027 $62,433,340,468
1996 $25,226,393,197 $63,320,170,084
1995 $24,432,884,442 $60,636,071,684
1994 $22,708,673,337 $52,293,470,813
1993 $18,938,717,359 $51,809,999,353
1992 $18,094,238,119 $48,884,671,947
1991 $16,988,535,268 $45,625,336,680
1990 $15,239,272,612 $40,010,423,970
1989 $13,890,823,705 $40,171,106,279
1988 $13,051,881,851 $38,472,742,808
1987 $13,945,426,859 $33,351,529,275
1986 $15,314,138,472 $31,899,070,056
1985 $17,149,088,413 $31,144,920,844
1984 $16,912,509,092 $31,151,825,467
1983 $17,152,477,037 $28,691,889,764
1982 $19,929,846,396 $30,725,971,564
1981 $21,810,759,354 $28,100,606,061
1980 $17,881,508,242 $23,654,444,444
1979 $14,175,160,902 $19,688,383,838
1978 $11,922,497,876 $17,811,515,152
1977 $11,026,342,618 $15,126,060,606
1976 $9,091,921,030 $13,168,080,808
1975 $7,731,674,472 $11,230,606,061
1974 $6,599,257,044 $8,899,191,919
1973 $3,891,754,150 $6,383,429,490
1972 $3,185,986,087 $9,415,016,360
1971 $2,754,219,271 $10,665,896,682
1970 $2,862,503,139 $10,027,509,450
1969 $3,112,165,727 $8,683,116,338
1968 $2,582,179,864 $8,041,999,160
1967 $2,553,595,172 $7,464,510,710
1966 $2,429,308,639 $6,561,108,778
1965 $2,387,047,396 $5,929,231,415
1964 $2,244,146,103 $5,204,955,901
1963 $1,824,343,871 $4,630,827,383
1962 $1,518,207,703 $4,310,163,797
1961 $1,753,850,955 $4,118,647,627
1960 $2,069,464,937 $3,749,265,015

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Ecuador vs Pakistan by year

Ecuador
GDP per capita

GDP per capita, PPP
Pakistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ecuador Pakistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $7,125 - $1,596 -
2024 $6,827 $15,840 $1,479 $6,252
2023 $6,718 $15,919 $1,360 $6,014
2022 $6,516 $15,198 $1,538 $5,920
2021 $6,061 $13,507 $1,455 $5,367
2020 $5,464 $11,527 $1,278 $5,048
2019 $6,205 $12,543 $1,390 $5,038
2018 $6,304 $12,187 $1,569 $4,979
2017 $6,233 $11,793 $1,519 $4,790
2016 $5,918 $10,881 $1,425 $4,631
2015 $5,976 $10,878 $1,380 $4,480
2014 $6,406 $11,836 $1,267 $4,313
2013 $6,109 $11,296 $1,225 $4,174
2012 $5,634 $10,245 $1,204 $4,047
2011 $5,154 $9,769 $1,132 $3,880
2010 $4,520 $8,969 $987 $3,786
2009 $4,053 $8,662 $964 $3,777
2008 $4,195 $8,663 $1,067 $3,721
2007 $3,479 $8,112 $998 $3,672
2006 $3,244 $7,885 $901 $3,515
2005 $2,909 $7,457 $828 $3,293
2004 $2,586 $6,980 $772 $3,048
2003 $2,316 $6,475 $672 $2,822
2002 $2,059 $6,282 $600 $2,688
2001 $1,791 $5,999 $610 $2,644
2000 $1,382 $5,728 $642 $2,565
1999 $1,575 $5,638 $418 $2,475
1998 $2,284 $5,940 $424 $2,419
1997 $2,341 $5,793 $438 $2,398
1996 $2,136 $5,560 $457 $2,401
1995 $2,108 $5,469 $451 $2,315
1994 $1,997 $5,339 $400 $2,224
1993 $1,698 $5,112 $408 $2,160
1992 $1,655 $4,998 $396 $2,132
1991 $1,587 $4,887 $380 $1,992
1990 $1,455 $4,632 $344 $1,895
1989 $1,356 - $358 -
1988 $1,304 - $354 -
1987 $1,426 - $317 -
1986 $1,604 - $314 -
1985 $1,842 - $317 -
1984 $1,864 - $327 -
1983 $1,940 - $311 -
1982 $2,314 - $345 -
1981 $2,601 - $328 -
1980 $2,190 - $287.4 -
1979 $1,783 - $249.2 -
1978 $1,541 - $233.4 -
1977 $1,465 - $204.7 -
1976 $1,242 - $183.9 -
1975 $1,086 - $161.7 -
1974 $954 - $132 -
1973 $579 - $97.5 -
1972 $488 - $148.1 -
1971 $434 - $172.5 -
1970 $465 - $166.7 -
1969 $521 - $148.5 -
1968 $445 - $141.6 -
1967 $454 - $135.2 -
1966 $445 - $122.2 -
1965 $450 - $113.6 -
1964 $436 - $102.5 -
1963 $365 - $93.7 -
1962 $312 - $89.5 -
1961 $371 - $87.8 -
1960 $451 - $82 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Ecuador's GDP per capita is $7,125, ranking 102/197, compared to $1,596 in Pakistan, ranking 164/197. Adjusted for purchasing power (GDP per capita PPP), Ecuador ranks 110th at $15,840, while Pakistan ranks 150th at $6,252.

Economic indicators

Ecuador Pakistan
Gross domestic product
$130B
2025
$407B
2025
GDP rank
64/197
2025
41/197
2025
GDP growth
3.73%
2024-2025
3.7%
2024-2025
GDP per capita
$7,125
2025
$1,596
2025
GDP per capita rank
102/197
2025
164/197
2025
GDP per capita, PPP
$15,840
2024
$6,252
2024
GDP per capita PPP rank
110/197
2024
150/197
2024
Government debt
$70.9B
2025
$297B
2025
Debt-to-GDP ratio
54.4%
2025
72.8%
2025
Government debt per person
$3,877
2025
$1,162
2025
Government debt per person rank
94/185
2025
138/185
2025
Average annual personal income after taxes
$6,605
2026
$1,775
2026
Market capitalization of domestic companies
$747M
2000
$70.3B
2025
Income share by richest 10%
35.1%
2025
27.7%
2024
Income share by poorest 10%
1.7%
2025
3.4%
2024
Government expenditure, % of GDP
38.4%
2025
21.2%
2025
Consumer prices inflation
0.71%
2024-2025
3.55%
2024-2025
Central bank interest rate n/a
11.5%
2026
Unemployment rate
3.23%
2025
6.96%
2025
Population
18524711
261421997

Spending and national debt comparison by year

Ecuador
Spending

Debt
Pakistan
Spending

Debt
1x
Year % of GDP
Ecuador Pakistan
Government spending Government debt Government spending Government debt
2025 38.4% 54.4% 21.2% 72.8%
2024 38.3% 54.1% 19.4% 70.2%
2023 39.6% 54.5% 19.3% 78.5%
2022 38.9% 57.2% 20% 77.3%
2021 37.5% 61.8% 18.5% 74.7%
2020 40.2% 63.6% 20.3% 80.8%
2019 39.8% 52.1% 19.1% 78.7%
2018 40.9% 49.5% 19.1% 66.3%
2017 40.5% 47.4% 19.1% 62.1%
2016 44.1% 46.1% 17.7% 62.1%
2015 44.1% 36.4% 17.8% 59.1%
2014 45.9% 28.2% 18.1% 58.8%
2013 46.7% 23.4% 19.5% 59.2%
2012 43.2% 19.3% 19.4% 58.4%
2011 39.6% 18.6% 17.9% 56.2%
2010 35.4% 18.4% 18.3% 56.7%
2009 34.3% 19.7% 17.3% 54.6%
2008 35.6% 24.9% 18% 49.5%
2007 24.7% 29.6% 16.1% 44.2%
2006 21.7% 33.1% 14.5% 46.2%
2005 22% 35.8% 13% 47.9%
2004 21.3% 40.2% 12.1% 50.6%
2003 21.3% 47.2% 12.9% 56.3%
2002 22.8% 55% 14.4% 60.5%
2001 21.4% 63.8% 12.9% 65.1%
2000 24.3% 92.2% 13.8% 61.7%
1999 24.1% 105.2% 13.2% 60.7%
1998 21.5% 70.3% 14.1% 53.8%
1997 22% 61.5% 13.7% 52.8%
1996 22.7% 69.3% 15% 52.5%
1995 22% 70.5% 14% 52.3%
1994 - - 14.5% 58.5%
1993 - - 17% 57.9%
1992 - - 22.6% 53.3%
1991 - - 21.4% 55.8%
1990 - - 23.9% 48.3%
1989 - - 26.1% 46.6%
1988 - - 27.9% 45%
1987 - - 29.5% 44.4%
1986 - - 27.6% 43.1%
1985 - - 28.3% 37%
1984 - - 25.4% 33.4%
1983 - - 24.8% 33.6%
1982 - - 24.5% 33.8%
1981 - - 21.6% 29.7%
1980 - - 22% 33.3%
1979 - - 25.3% 36.8%
1978 - - 25.5% 36.1%
1977 - - 20.4% 36.4%
1976 - - 21% 35.8%
1975 - - 20.4% 32.1%
1974 - - 15.3% 38%
1973 - - 13.9% 43.4%
1972 - - 13.5% 88.7%
1971 - - 22.1% 33.2%
1970 - - 23.6% 31.6%
1969 - - 15.6% 29.1%
1968 - - 13.7% 27.5%
1967 - - 12.9% 25.9%
1966 - - 12.2% 25.1%
1965 - - 11.2% 22.7%
1964 - - 12.1% 21.3%
1963 - - 14.7% 19.2%
1962 - - 11.8% 16.6%
1961 - - 10.6% 19.6%
1960 - - 10% 19.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1993–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-07-08).

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

In 2025, Ecuador's government spending was $50B, accounting for 38.4% of its GDP, while Pakistan spent $86.4B, or 21.2% of GDP.

Debt-to-GDP ratio is 54.4% in Ecuador and 72.8% in Pakistan, ranking 92/185 and 53/185, respectively.

Government deficit by year

Deficit/surplus
Ecuador

Pakistan
1x
Year Deficit/surplus, % of GDP
Ecuador Pakistan
2025 -2.88% -5.37%
2024 -1.28% -6.79%
2023 -3.49% -7.76%
2022 0.04% -7.84%
2021 -1.59% -6.04%
2020 -7.38% -7.03%
2019 -3.47% -7.79%
2018 -2.8% -5.67%
2017 -5.77% -5.17%
2016 -10.3% -3.92%
2015 -6.87% -4.74%
2014 -8.11% -4.37%
2013 -8.17% -7.48%
2012 -2.83% -7.74%
2011 -0.13% -6.23%
2010 -1.39% -5.42%
2009 -3.71% -4.53%
2008 0.57% -5.94%
2007 2.66% -4.23%
2006 2.92% -2.79%
2005 0.66% -2.29%
2004 1.94% -1.29%
2003 1.05% -0.12%
2002 0.74% -2.64%
2001 0.03% -2.45%
2000 -0.32% -3.21%
1999 -4.82% -3.07%
1998 -5.1% -4.46%
1997 -2.83% -3.87%
1996 -3.44% -4.33%
1995 -2.02% -3.9%
1994 - -3.63%
1993 - -5.53%
1992 - -11.3%
1991 - -10.8%
1990 - -11.9%
1989 - -7.01%
1988 - -9.35%
1987 - -11.7%
1986 - -9.79%
1985 - -10.6%
1984 - -8.9%
1983 - -7.55%
1982 - -8.24%
1981 - -5.83%
1980 - -5.32%
1979 - -11.6%
1978 - -12.4%
1977 - -8.74%
1976 - -9.05%
1975 - -8.97%
1974 - -4.45%
1973 - -3.99%
1972 - -3.16%
1971 - -7.45%
1970 - -10.8%
1969 - -7.08%
1968 - -5.56%
1967 - -4.27%
1966 - -4.48%
1965 - -3.28%
1964 - -4.89%
1963 - -6.55%
1962 - -3.39%
1961 - -4.6%
1960 - -3.83%
1959 - -3.71%
1958 - -4.2%
1957 - -2.21%
1956 - -2.36%
1955 - -2%
1954 - -3.18%
1953 - -2.66%
1952 - -0.73%
1951 - 0.63%
1950 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-07-08).

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

In 2025, Ecuador's government deficit, the difference between spending and revenue, was $3.76B, equivalent to 2.88% of GDP. This compares to Pakistan's deficit of $21.9B, or 5.37% of GDP.

Over the past 31 years, Ecuador recorded a fiscal deficit in 22 of those years, while Pakistan ran a deficit in 31 years. On average, Ecuador posted an annual deficit equal to 2.52% of GDP, compared to deficit of 4.79% of GDP for Pakistan.

Inflation comparison by year

Inflation
Ecuador

Pakistan
1x
Year Consumer prices inflation
Ecuador Pakistan
2025 0.71% 3.55%
2024 1.55% 12.6%
2023 2.22% 30.8%
2022 3.47% 19.9%
2021 0.13% 9.5%
2020 -0.34% 9.74%
2019 0.27% 10.6%
2018 -0.22% 5.08%
2017 0.42% 4.09%
2016 1.73% 3.77%
2015 3.97% 2.53%
2014 3.59% 7.19%
2013 2.72% 7.69%
2012 5.1% 9.68%
2011 4.47% 11.9%
2010 3.55% 12.9%
2009 5.16% 13.6%
2008 8.4% 20.3%
2007 2.28% 7.6%
2006 3.3% 7.92%
2005 2.17% 9.06%
2004 2.74% 7.44%
2003 7.93% 2.91%
2002 12.5% 3.29%
2001 37.7% 3.15%
2000 96.1% 4.37%
1999 52.2% 4.14%
1998 36.1% 6.23%
1997 30.7% 11.4%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Ecuador has recorded an average annual inflation rate of 11.4%, compared with 9.07% in Pakistan. In 2025, inflation was 0.71% in Ecuador and 3.55% in Pakistan.

Top exports between countries

Ecuador
Export category Export value
Machinery & equipment $111K
Processed food, beverages & tobacco $94K
Raw agricultural goods $58K
Metals $39K
Miscellaneous $20K
Chemicals & pharma $15K
Precious metals & jewellery $10K
Raw materials & minerals $10K
Textiles & consumer goods $1K
Pakistan
Export category Export value
Textiles & consumer goods $3.53M
Machinery & equipment $965K
Processed food, beverages & tobacco $380K
Raw materials & minerals $294K
Wood & paper products $245K
Weapons & explosives $54K
Chemicals & pharma $49K
Miscellaneous $45K
Metals $20K
Precious metals & jewellery $2K

Balance of trade

Ecuador Pakistan
Current account balance
$7.7B
2025
-$448M
2025
Current account balance ranking
28/190
2025
102/190
2025
Current account balance, % of GDP
+5.91%
2025
-0.11%
2025
Goods imports
$31.1B
2025
$62.6B
2025
Goods exports
$37.4B
2025
$31.5B
2025
Service imports
$6.22B
2025
$12B
2025
Service exports
$4.14B
2025
$9.09B
2025
Imports of goods and services, % of GDP
27.9%
2025
17.2%
2025
Exports of goods and services, % of GDP
31.4%
2025
9.99%
2025

Economic freedom indices

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

Ecuador Pakistan
Economic freedom 55.6 48.9
Economic freedom ranking 127/197 168/197
Property rights 33.2 25.7
Government integrity 33 26.3
Judicial effectiveness 48.1 27.6
Tax burden 74.2 78.2
Government spending 54.9 88.5
Fiscal health 90.3 10.1
Business freedom 64.3 54.4
Labor freedom 56.9 51.7
Monetary freedom 76.3 54.1
Trade freedom 66.4 70.4
Investment freedom 30 60
Financial freedom 40 40

Economic freedom comparison by year

Ecuador
Pakistan
1x
Year Economic freedom index
Ecuador Pakistan
2026 55.6 48.9
2025 55.8 49.1
2024 55 49.5
2023 55 49.4
2022 54.3 48.8
2021 52.4 51.7
2020 51.3 54.8
2019 46.9 55
2018 48.5 54.4
2017 49.3 52.8
2016 48.6 55.9
2015 49.2 55.6
2014 48 55.2
2013 46.9 55.1
2012 48.3 54.7
2011 47.1 55.1
2010 49.3 55.2
2009 52.5 57
2008 55.2 55.6
2007 55.3 57.2
2006 54.6 57.9
2005 52.9 53.3
2004 54.4 54.9
2003 54.1 55
2002 53.1 55.8
2001 55.1 56
2000 59.8 56.4
1999 62.9 53
1998 62.8 53.2
1997 61 56
1996 60.1 58.4
1995 57.7 57.6

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Ecuador is 55.6, ranking 127/197, compared to 48.9 for Pakistan, ranking 168/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Ecuador Pakistan
Services, % of GDP
57%
2025
50.9%
2025
Industry, % of GDP
25.7%
2025
20.1%
2025
Agriculture, forestry, and fishing, % of GDP
9.7%
2025
23%
2025
GNI, Atlas method
$126B
2025
$382B
2025
GNI per capita, PPP
$16,290
2025
$6,430
2025
Total reserves including gold
$9.8B
2025
$26.5B
2025
Total reserves ranking
79/177
2025
62/177
2025
Net foreign direct investment
-$1.3B
2025
-$1.58B
2025
Net inflows of foreign direct investment
$446M
2024
$2.66B
2024
Net outflows of foreign direct investment
$0
2024
$84M
2024
Servicing debt to the IMF, % of GNI
7.05%
2024
4.5%
2024
Poverty at national poverty lines
21.4%
2025
21.9%
2018
Gross capital formation, % of GDP
20.9%
2025
14.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–2000, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.