Cash surplus/deficit (% of GDP) for Ecuador
CASHBLECA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.17
Year-over-Year Change
-96.84%
Date Range
1/1/1990 - 1/1/1994
Summary
The 'Cash surplus/deficit (% of GDP) for Ecuador' metric measures the difference between a government's total revenue and total expenditure as a percentage of its GDP. This indicator provides insights into Ecuador's fiscal health and policy decisions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The cash surplus/deficit metric represents the government's net borrowing or net lending position. A surplus indicates the government is a net lender to other sectors, while a deficit signals net borrowing. This data is used by economists and policymakers to assess Ecuador's fiscal sustainability and guide budgetary policies.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on official government finance statistics.
Historical Context
This metric is closely monitored by global markets, credit rating agencies, and international institutions when evaluating Ecuador's economic and policy environment.
Key Facts
- Ecuador recorded a government budget deficit equivalent to 3.05% of its GDP in 2021.
- The country's deficit peaked at 6.11% of GDP in 2020 due to the COVID-19 pandemic.
- Ecuador aims to reduce its fiscal deficit to 2.5% of GDP by 2025 as part of its IMF-backed economic program.
FAQs
Q: What does this economic trend measure?
A: The 'Cash surplus/deficit (% of GDP) for Ecuador' metric measures the difference between the Ecuadorian government's total revenue and total expenditure as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into Ecuador's fiscal health and policy decisions, as it indicates whether the government is a net borrower or net lender relative to the size of its economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on official government finance statistics.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by global markets, credit rating agencies, and international institutions when evaluating Ecuador's economic and policy environment, as it reflects the government's fiscal sustainability and guides budgetary policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical figures as governments update their fiscal accounts.
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Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Ecuador (CASHBLECA188A), retrieved from FRED.