Exports of Services (BoP, USD) rose 7.46% to USD 2.31 bil in Ecuador in 2017

Exports of Services (BoP, USD) (USD bil)
Economy | Ecuador | May 17, 2019
$2.99
Excel Sheet

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, 8.46 USD bil in Colombia, 13.4 USD bil in Panama and 7.01 USD bil in Peru in 2017.

Ecuador has been ranked 100th within the group of 156 countries we follow in terms of exports of services as a part of balance of payment.

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
Bolivia USD bil 0.948 1.13 1.21 1.20 1.24
Brazil USD bil 37.0 38.8 38.0 40.0 33.8
Chile USD bil 12.9 12.3 12.1 10.7 9.52
Colombia USD bil 5.64 6.45 7.02 7.16 7.43
Costa Rica USD bil 5.78 6.21 6.95 7.11 7.69
Ecuador USD bil 1.59 1.81 2.05 2.35 2.40
Honduras USD bil 2.25 2.25 2.34 2.68 2.94
Nicaragua USD bil 0.987 1.08 1.11 1.19 1.25
Panama USD bil 8.11 9.97 10.8 11.4 11.9
Peru USD bil 3.57 4.18 5.16 5.61 5.87
Venezuela USD bil 1.91 2.16 2.22 2.13 1.64 ...