Ecuador Grew 3% in the First Quarter of 2025 and Forecasts an Encouraging Annual Outlook
After a 2024 marked by recession and power outages, the Central Bank of Ecuador reported an economic rebound driven by foreign trade and anticipated a trade surplus.
Ecuador recorded economic growth of 3% in the first quarter of 2025, according to Guillermo Avellán, General Manager of the Central Bank of Ecuador (BCE), during his remarks at the Second International Congress on Economics and Banking organized by Asobancos. The figure corresponds to the new economic activity index developed by the institution, which also projects annual growth of 2.8% by the end of 2025.
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