Total natural resources rents as a percentage of GDP reached 5.51 % in 2017 in Ecuador, according to the National Statistical Office. This is 47.1 % more than in the previous year.
Historically, total natural resources rents as a percentage of GDP in Ecuador reached an all time high of 18.8 % in 2006 and an all time low of 0.612 % in 1970. When compared to Ecuador's main peers, total natural resources rents as a percentage of GDP in Brazil amounted to 3.53 %, 4.32 % in Colombia, 0.192 % in Panama and 8.91 % in Peru in 2017.
Ecuador has been ranked 66th within the group of 169 countries we follow in terms of total natural resources rents as a percentage of GDP, 31 places behind the position seen 10 years ago.
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
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