Between January and April 2025, 12 out of Ecuador’s 16 main economic sectors experienced growth in sales, reaching a total of USD 77.349 billion. This represents an increase of 8.1% compared to the same period in 2024. The sectors showing the most significant growth were commerce, agriculture, and manufacturing.
These figures are updated daily based on tax declarations submitted by taxpayers.
Total exports from January to April 2025 rose by 15.1%, totaling USD 12.457 billion. Non-oil exports played a key role in this increase, growing by 25% to reach USD 10.046 billion.
Damián Larco, Director General of the Servicio de Rentas Internas (SRI), stated: “Tax collection also showed positive performance. By May 2025, USD 9.257 billion was collected, equivalent to 108.1% of the target set for this year and with a growth of 5.9% compared to the same period last year.”
However, tax collection in May saw a slight decrease compared to May of the previous year. In May 2025, collections amounted to USD 1.639 billion versus USD 1.760 billion in May 2024. This reduction is attributed to the elimination of the Contribution from Banks and Cooperatives, which contributed USD 184 million in May 2024.
Regarding major taxes collected by SRI:
– Value Added Tax (IVA): From January to May 2025, collections reached USD 4.432 billion; in May alone, it was USD 883 million.
– Income Tax (IR): Up to May, collections totaled USD 3.152 billion; for May specifically, it was USD 544 million.
– Currency Outflow Tax (ISD): Cumulative collections up to May were USD 499 million; for just May it was USD 91 million.
The continued positive trend across most economic sectors is supporting sustained national economic growth.
Official figures can be accessed at www.sri.gob.ec.
