Exports of services as a part of balance of payment reached 2.31 USD bil in 2017 in Ecuador, according to the National Statistical Office. This is 7.46 % more than in the previous year.
Historically, exports of services as a part of balance of payment in Ecuador reached an all time high of 2.40 USD bil in 2015 and an all time low of 0.111 USD bil in 1976. When compared to Ecuador's main peers, exports of services as a part of balance of payment in Brazil amounted to 34.5 USD bil, 8.33 USD bil in Colombia, 13.3 USD bil in Panama and 7.01 USD bil in Peru in 2017.
Ecuador has been ranked 88th within the group of 120 countries we follow in terms of exports of services as a part of balance of payment, 13 places above the position seen 10 years ago.
Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.
|Exports of Services (BoP, USD)||Unit||2009||2010||2011||2012||2013||2014||2015||2016||2017|
|Costa Rica||USD bil||5.78||6.21||6.95||7.11||7.69|