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Macro - Country Economic Forecasts - Ecuador

Publisher Oxford Economics
Published Mar 18, 2025
Length 7 Pages
SKU # OFE19929283

Description

We have increased our GDP growth forecast from 1.8% to 2.2% for 2025 and from 2.8% to 3.1% for 2026. This revision is mainly due to base effects. Data indicate the 2024 contraction (-1.9% y/y) was more severe than expected, largely because of the energy crisis. Net trade will bolster growth during H1 2025, while consumption and investment are likely to stay weak until at least Q3 2025 due to political uncertainty. Our projections exceed consensus for both years.

Table of Contents

7 Pages
Ecuador: Uncertainty high ahead of April's runoff
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development and structure of the economy
Policy and politics

Pricing

Currency Rates
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