Imports of services as a part of balance of payment rose 64.9% to USD 4.59 bil in Ecuador in 2021, according to the National Statistical Office.
Historically, imports of services as a part of balance of payment in Ecuador reached an all time high of USD 4.59 bil in 2021 and an all time low of USD 0.268 bil in 1976. When compared to Ecuador's main peers, imports of services as a part of balance of payment in Brazil amounted to USD 50.3 bil, USD 14.1 bil in Colombia, USD 4.26 bil in Panama and USD 10.3 bil in Peru in 2021.
Ecuador has been ranked 77th within the group of 140 countries we follow in terms of imports of services as a part of balance of payment, 6 places above the position seen 10 years ago.
Imports of Services (BoP, USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Bolivia | USD bil | 2.84 | 2.86 | 3.08 | 3.09 | 2.87 | ||||||||||||||||
Brazil | USD bil | 70.8 | 63.9 | 72.8 | 71.4 | 69.8 | ||||||||||||||||
Chile | USD bil | 14.1 | 14.1 | 14.8 | 16.6 | 16.5 | ||||||||||||||||
Colombia | USD bil | 14.0 | 13.0 | 14.0 | 14.9 | 15.0 | ||||||||||||||||
Costa Rica | USD bil | 3.08 | 3.43 | 3.84 | 4.21 | 4.61 | ||||||||||||||||
Ecuador | USD bil | 3.20 | 3.65 | 3.73 | 3.94 | 4.14 | ||||||||||||||||
Honduras | USD bil | 1.67 | 1.74 | 2.07 | 2.32 | 2.42 | ||||||||||||||||
Nicaragua | USD bil | 1.02 | 1.00 | 1.03 | 0.953 | 0.855 | ||||||||||||||||
Panama | USD bil | 4.82 | 4.78 | 4.67 | 4.94 | 5.35 | ||||||||||||||||
Peru | USD bil | 8.33 | 8.44 | 8.86 | 9.76 | 10.7 | ||||||||||||||||
Venezuela | USD bil | 13.8 | 9.47 | ... | ... | ... | ... | ... |