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Economy of Ecuador vs Syria compared: GDP & Debt

Updated on by Georank

Ecuador has a GDP of $130B compared to $20B for Syria, ranking 64/197 and 134/197 by economy size, respectively.

Ecuador has $70.9B in government debt (54.4% of GDP), compared to $18.4B (30% of GDP) in Syria.

Ecuador vs Syria GDP by year

Ecuador
Syria
1x
Year GDP, current $
Ecuador Syria
2025 $130,320,560,400 -
2024 $123,802,374,000 -
2023 $120,792,801,000 $19,993,439,950
2022 $116,133,121,000 $23,737,634,644
2021 $107,179,074,000 $14,892,885,528
2020 $95,865,473,000 $12,501,503,673
2019 $107,595,830,000 $22,583,046,645
2018 $107,478,961,000 $21,497,779,248
2017 $104,467,486,000 $16,369,842,725
2016 $97,671,433,000 $12,597,854,088
2015 $97,209,558,000 $16,466,861,435
2014 $102,717,794,000 $21,502,061,466
2013 $96,570,334,000 $21,361,254,635
2012 $87,735,048,000 $43,190,318,033
2011 $78,986,648,000 $67,539,433,544
2010 $68,151,329,000 $61,390,833,273
2009 $60,094,978,000 $54,111,721,044
2008 $61,139,438,000 $52,557,913,397
2007 $49,848,725,000 $40,465,331,020
2006 $45,690,762,000 $33,751,812,959
2005 $40,278,849,000 $28,858,937,499
2004 $35,194,947,000 $25,086,910,448
2003 $30,965,208,000 $21,828,144,686
2002 $27,054,197,000 $20,786,986,580
2001 $23,127,055,000 $20,078,599,626
2000 $17,539,454,727 $18,937,031,610
1999 $19,645,272,636 $15,873,875,969
1998 $27,981,896,948 $15,200,846,154
1997 $28,162,053,027 $14,505,233,463
1996 $25,226,393,197 $13,789,560,878
1995 $24,432,884,442 $11,396,706,587
1994 $22,708,673,337 $10,122,020,000
1993 $18,938,717,359 $13,695,962,055
1992 $18,094,238,119 $13,253,565,861
1991 $16,988,535,268 $12,981,833,333
1990 $15,239,272,612 $12,308,624,418
1989 $13,890,823,705 $9,853,395,762
1988 $13,051,881,851 $10,577,041,645
1987 $13,945,426,859 $11,356,215,543
1986 $15,314,138,472 $13,293,205,278
1985 $17,149,088,413 $16,403,539,893
1984 $16,912,509,092 $17,503,078,174
1983 $17,152,477,037 $17,589,277,143
1982 $19,929,846,396 $16,298,929,011
1981 $21,810,759,354 $15,518,201,335
1980 $17,881,508,242 $13,062,420,382
1979 $14,175,160,902 $9,929,681,529
1978 $11,922,497,876 $9,275,200,458
1977 $11,026,342,618 $7,696,011,396
1976 $9,091,921,030 $7,633,528,867
1975 $7,731,674,472 $6,826,980,444
1974 $6,599,257,044 $5,159,557,148
1973 $3,891,754,150 $3,239,487,516
1972 $3,185,986,087 $3,059,681,698
1971 $2,754,219,271 $2,589,851,325
1970 $2,862,503,139 $2,140,384,010
1969 $3,112,165,727 $2,245,011,515
1968 $2,582,179,864 $1,753,746,430
1967 $2,553,595,172 $1,580,229,799
1966 $2,429,308,639 $1,342,287,553
1965 $2,387,047,396 $1,472,036,540
1964 $2,244,146,103 $1,339,494,267
1963 $1,824,343,871 $1,200,447,408
1962 $1,518,207,703 $1,110,565,881
1961 $1,753,850,955 $945,244,972
1960 $2,069,464,937 $857,704,413

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

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

GDP per capita in Ecuador vs Syria by year

Ecuador
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ecuador Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $7,125 - - -
2024 $6,827 $15,840 - -
2023 $6,718 $15,919 $847 $4,650
2022 $6,516 $15,198 $1,057 $4,772
2021 $6,061 $13,507 $689 $4,593
2020 $5,464 $11,527 $594 $3,738
2019 $6,205 $12,543 $1,110 $3,502
2018 $6,304 $12,187 $1,098 $3,456
2017 $6,233 $11,793 $852 $3,265
2016 $5,918 $10,881 $656 -
2015 $5,976 $10,878 $848 -
2014 $6,406 $11,836 $1,061 -
2013 $6,109 $11,296 $986 -
2012 $5,634 $10,245 $1,898 -
2011 $5,154 $9,769 $2,952 -
2010 $4,520 $8,969 $2,731 -
2009 $4,053 $8,662 $2,462 -
2008 $4,195 $8,663 $2,429 -
2007 $3,479 $8,112 $1,938 -
2006 $3,244 $7,885 $1,719 -
2005 $2,909 $7,457 $1,534 -
2004 $2,586 $6,980 $1,368 -
2003 $2,316 $6,475 $1,220 -
2002 $2,059 $6,282 $1,190 -
2001 $1,791 $5,999 $1,178 -
2000 $1,382 $5,728 $1,138 -
1999 $1,575 $5,638 $978 -
1998 $2,284 $5,940 $961 -
1997 $2,341 $5,793 $941 -
1996 $2,136 $5,560 $918 -
1995 $2,108 $5,469 $780 -
1994 $1,997 $5,339 $712 -
1993 $1,698 $5,112 $993 -
1992 $1,655 $4,998 $990 -
1991 $1,587 $4,887 $1,000 -
1990 $1,455 $4,632 $978 -
1989 $1,356 - $809 -
1988 $1,304 - $898 -
1987 $1,426 - $997 -
1986 $1,604 - $1,208 -
1985 $1,842 - $1,544 -
1984 $1,864 - $1,706 -
1983 $1,940 - $1,776 -
1982 $2,314 - $1,703 -
1981 $2,601 - $1,676 -
1980 $2,190 - $1,458 -
1979 $1,783 - $1,146 -
1978 $1,541 - $1,108 -
1977 $1,465 - $951 -
1976 $1,242 - $976 -
1975 $1,086 - $904 -
1974 $954 - $707 -
1973 $579 - $459 -
1972 $488 - $448 -
1971 $434 - $393 -
1970 $465 - $335 -
1969 $521 - $364 -
1968 $445 - $293.3 -
1967 $454 - $272.9 -
1966 $445 - $239.3 -
1965 $450 - $270.8 -
1964 $436 - $254.2 -
1963 $365 - $234.9 -
1962 $312 - $223.9 -
1961 $371 - $196.3 -
1960 $451 - $183.5 -

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

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

Ecuador's GDP per capita is $7,125, ranking 102/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Ecuador ranks 110th at $15,840, while Syria ranks 160th at $4,650.

Economic indicators

Ecuador Syria
Gross domestic product
$130B
2025
$20B
2023
GDP rank
64/197
2025
134/197
2023
GDP growth
3.73%
2024-2025
-1.85%
2022-2023
GDP per capita
$7,125
2025
$847
2023
GDP per capita rank
102/197
2025
185/197
2023
GDP per capita, PPP
$15,840
2024
$4,650
2023
GDP per capita PPP rank
110/197
2024
160/197
2023
Government debt
$70.9B
2025
$18.4B
2010
Debt-to-GDP ratio
54.4%
2025
30%
2010
Government debt per person
$3,877
2025
$820
2010
Government debt per person rank
94/185
2025
150/185
2010
Average annual personal income after taxes
$6,605
2026
$693
2026
Market capitalization of domestic companies
$747M
2000
n/a
Income share by richest 10%
35.1%
2025
20.9%
2022
Income share by poorest 10%
1.7%
2025
3.8%
2022
Government expenditure, % of GDP
38.4%
2025
28.6%
2010
Consumer prices inflation
0.71%
2024-2025
13.4%
2018-2019
Unemployment rate
3.23%
2025
14.9%
2011
Population
18524711
26956472

Spending and national debt comparison by year

Ecuador
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Ecuador Syria
Government spending Government debt Government spending Government debt
2025 38.4% 54.4% - -
2024 38.3% 54.1% - -
2023 39.6% 54.5% - -
2022 38.9% 57.2% - -
2021 37.5% 61.8% - -
2020 40.2% 63.6% - -
2019 39.8% 52.1% - -
2018 40.9% 49.5% - -
2017 40.5% 47.4% - -
2016 44.1% 46.1% - -
2015 44.1% 36.4% - -
2014 45.9% 28.2% - -
2013 46.7% 23.4% - -
2012 43.2% 19.3% - -
2011 39.6% 18.6% - -
2010 35.4% 18.4% 28.6% 30%
2009 34.3% 19.7% 26.7% 31.2%
2008 35.6% 24.9% 22.9% 37.3%
2007 24.7% 29.6% 25.7% 42.7%
2006 21.7% 33.1% 26.3% 45%
2005 22% 35.8% 28.2% 50.7%
2004 21.3% 40.2% 31.3% 113%
2003 21.3% 47.2% 32.6% 133.4%
2002 22.8% 55% 28.5% 132.4%
2001 21.4% 63.8% 28% 144.5%
2000 24.3% 92.2% 27.4% 152.1%
1999 24.1% 105.2% 28% 147.7%
1998 21.5% 70.3% 28.8% 151.2%
1997 22% 61.5% 29% 147.6%
1996 22.7% 69.3% 27.7% 141.5%
1995 22% 70.5% 29.8% 152.6%
1994 - - 30.3% 163%
1993 - - 29.4% 171.9%
1992 - - 34.2% 173.6%
1991 - - 34.3% 182.4%
1990 - - 28.3% 189.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1995–2000, retrieved 2026-07-08).

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

In 2025, Ecuador's government spending was $50B, accounting for 38.4% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 54.4% in Ecuador and 30% in Syria, ranking 92/185 and 155/185, respectively.

Government deficit by year

Deficit/surplus
Ecuador

Syria
1x
Year Deficit/surplus, % of GDP
Ecuador Syria
2025 -2.88% -
2024 -1.28% -
2023 -3.49% -
2022 0.04% -
2021 -1.59% -
2020 -7.38% -
2019 -3.47% -
2018 -2.8% -
2017 -5.77% -
2016 -10.3% -
2015 -6.87% -
2014 -8.11% -
2013 -8.17% -
2012 -2.83% -
2011 -0.13% -
2010 -1.39% -7.79%
2009 -3.71% -2.89%
2008 0.57% -2.86%
2007 2.66% -2.99%
2006 2.92% -1.12%
2005 0.66% -4.41%
2004 1.94% -4.18%
2003 1.05% -2.7%
2002 0.74% -2.02%
2001 0.03% 2.3%
2000 -0.32% -1.36%
1999 -4.82% -1.47%
1998 -5.1% -2.81%
1997 -2.83% -1.78%
1996 -3.44% -2.83%
1995 -2.02% -3.81%
1994 - -6%
1993 - -4.96%
1992 - -7.26%
1991 - -6.57%
1990 - -3.92%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2010, Ecuador's government deficit, the difference between spending and revenue, was $944M, equivalent to 1.39% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 16 years, Ecuador recorded a fiscal deficit in 8 of those years, while Syria ran a deficit in 15 years. On average, Ecuador posted an annual deficit equal to 0.82% of GDP, compared to deficit of 2.67% of GDP for Syria.

Inflation comparison by year

Inflation
Ecuador

Syria
1x
Year Consumer prices inflation
Ecuador Syria
2025 0.71% -
2024 1.55% -
2023 2.22% -
2022 3.47% -
2021 0.13% -
2020 -0.34% -
2019 0.27% 13.4%
2018 -0.22% 0.94%
2017 0.42% 18.1%
2016 1.73% 47.7%
2015 3.97% 38.5%
2014 3.59% 10.9%
2013 2.72% 40%
2012 5.1% 36.7%
2011 4.47% 4.75%
2010 3.55% 4.4%
2009 5.16% 2.92%
2008 8.4% 15.7%
2007 2.28% 3.91%
2006 3.3% 10%
2005 2.17% 7.24%
2004 2.74% 4.43%
2003 7.93% 5.8%
2002 12.5% -0.13%
2001 37.7% 3%
2000 96.1% -3.85%
1999 52.2% -3.7%
1998 36.1% -0.8%
1997 30.7% 1.89%

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

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

Over the past 23 years, Ecuador has recorded an average annual inflation rate of 14%, compared with 11.4% in Syria. In 2019, inflation was 0.71% in Ecuador and 13.4% in Syria.

Top exports between countries

Ecuador
Export category Export value
Raw agricultural goods $10.5M
Processed food, beverages & tobacco $126K
Wood & paper products $76K
Syria
Export category Export value
Raw agricultural goods $393K
Textiles & consumer goods $46K
Machinery & equipment $3K
Metals $1K
Miscellaneous $1K

Balance of trade

Ecuador Syria
Current account balance
$7.7B
2025
-$367M
2010
Current account balance ranking
28/190
2025
99/190
2010
Current account balance, % of GDP
+5.91%
2025
-0.6%
2010
Goods imports
$31.1B
2025
$15.9B
2010
Goods exports
$37.4B
2025
$12.3B
2010
Service imports
$6.22B
2025
$3.53B
2010
Service exports
$4.14B
2025
$7.33B
2010
Imports of goods and services, % of GDP
27.9%
2025
28.7%
2022
Exports of goods and services, % of GDP
31.4%
2025
6.78%
2022

Economic freedom indices

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

Ecuador Syria
Economic freedom 55.6 51.2
Economic freedom ranking 127/197 155/197
Property rights 33.2 4
Government integrity 33 3.6
Judicial effectiveness 48.1 3.7
Tax burden 74.2 87.3
Government spending 54.9 78.5
Fiscal health 90.3 13.8
Business freedom 64.3 33.8
Labor freedom 56.9 37.2
Monetary freedom 76.3 80
Trade freedom 66.4 47
Investment freedom 30 0
Financial freedom 40 20

Economic freedom comparison by year

Ecuador
Syria
1x
Year Economic freedom index
Ecuador Syria
2026 55.6 -
2025 55.8 -
2024 55 -
2023 55 -
2022 54.3 -
2021 52.4 -
2020 51.3 -
2019 46.9 -
2018 48.5 -
2017 49.3 -
2016 48.6 -
2015 49.2 -
2014 48 -
2013 46.9 -
2012 48.3 51.2
2011 47.1 51.3
2010 49.3 49.4
2009 52.5 51.3
2008 55.2 47.2
2007 55.3 48.3
2006 54.6 51.2
2005 52.9 46.3
2004 54.4 40.6
2003 54.1 41.3
2002 53.1 36.3
2001 55.1 36.6
2000 59.8 37.2
1999 62.9 39
1998 62.8 42.2
1997 61 43
1996 60.1 42.3
1995 57.7 -

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

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

The Economic Freedom Index for Ecuador is 55.6, ranking 127/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Ecuador Syria
Services, % of GDP
57%
2025
44.7%
2022
Industry, % of GDP
25.7%
2025
11.9%
2022
Agriculture, forestry, and fishing, % of GDP
9.7%
2025
42.9%
2022
GNI, Atlas method
$126B
2025
$18.2B
2023
GNI per capita, PPP
$16,290
2025
$4,480
2023
Total reserves including gold
$9.8B
2025
$20.6B
2010
Total reserves ranking
79/177
2025
66/177
2010
Net foreign direct investment
-$1.3B
2025
-$1.47B
2010
Net inflows of foreign direct investment
$446M
2024
$0
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
7.05%
2024
0.15%
2023
Poverty at national poverty lines
21.4%
2025
35.2%
2007
Gross capital formation, % of GDP
20.9%
2025
16%
1969

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/syria | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2010–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1995–2000, 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.