Population for Ecuador
POPTTLECA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.37
Year-over-Year Change
21.52%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic trend measures the total population of Ecuador, a key demographic indicator for policymakers and analysts tracking economic and social development.
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 Population for Ecuador series provides the total number of people residing within the geographic boundaries of Ecuador. This data is essential for understanding Ecuador's economic and social landscape, informing decision-making on public services, infrastructure, and resource allocation.
Methodology
The data is collected by Ecuador's National Institute of Statistics and Census (INEC) through periodic population surveys and censuses.
Historical Context
Policymakers and economists use this population data to analyze trends, make projections, and develop policies that address the needs of Ecuador's citizens.
Key Facts
- Ecuador's population is over 17 million as of the latest data.
- The population has grown by over 20% in the past two decades.
- Urban areas account for more than 60% of Ecuador's total population.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total population of Ecuador, providing a key demographic indicator for the country.
Q: Why is this trend relevant for users or analysts?
A: Population data is essential for understanding Ecuador's economic and social landscape, informing decision-making on public services, infrastructure, and resource allocation.
Q: How is this data collected or calculated?
A: The data is collected by Ecuador's National Institute of Statistics and Census (INEC) through periodic population surveys and censuses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this population data to analyze trends, make projections, and develop policies that address the needs of Ecuador's citizens.
Q: Are there update delays or limitations?
A: The data is updated periodically based on Ecuador's population survey and census schedule, which may result in some update delays.
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Citation
U.S. Federal Reserve, Population for Ecuador (POPTTLECA148NRUG), retrieved from FRED.