Exports of services as a part of balance of payment fell 10.3% to USD 3.77 bil in Ecuador in 2024, according to the National Statistical Office.
Historically, exports of services as a part of balance of payment in Ecuador reached an all time high of USD 4.20 bil in 2023 and an all time low of USD 0.111 bil in 1976. When compared to Ecuador's main peers, exports of services as a part of balance of payment in Brazil amounted to USD 48.5 bil, USD 17.8 bil in Colombia, USD 18.3 bil in Panama and USD 7.15 bil in Peru in 2024.
Ecuador has been ranked 81st within the group of 103 countries we follow in terms of exports of services as a part of balance of payment, 15 places above the position seen 10 years ago.
| Exports of Services (BoP, USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Bolivia | USD bil | 1.46 | 1.44 | 0.425 | 0.449 | 0.924 | ... | |||||||||||||||
| Brazil | USD bil | 34.0 | 33.0 | 27.5 | 31.5 | 40.3 | ||||||||||||||||
| Chile | USD bil | 9.23 | 8.46 | 5.55 | 5.84 | 8.56 | ||||||||||||||||
| Colombia | USD bil | 10.7 | 10.7 | 5.91 | 8.18 | 14.0 | ||||||||||||||||
| Costa Rica | USD bil | 9.75 | 10.9 | 7.91 | 8.78 | 12.7 | ||||||||||||||||
| Ecuador | USD bil | 3.33 | 3.37 | 2.03 | 2.32 | 3.55 | ||||||||||||||||
| Honduras | USD bil | 2.82 | 2.98 | 1.98 | 2.84 | 3.36 | ||||||||||||||||
| Nicaragua | USD bil | 1.36 | 1.37 | 0.946 | 1.04 | 1.56 | ||||||||||||||||
| Panama | USD bil | 13.5 | 13.8 | 8.20 | 10.7 | 15.3 | ||||||||||||||||
| Peru | USD bil | 6.38 | 6.70 | 2.73 | 2.95 | 5.05 | ||||||||||||||||
| Venezuela | USD bil | ... | ... | ... | ... | ... | ... | ... | ... |
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