Ecuador’s economy showed continued growth through July 2025, with total sales in the country reaching USD 144.711 billion. This marks a 7.4% increase compared to the same period in 2024, when sales were reported at USD 134.755 billion.
Damián Larco, general director of the Servicio de Rentas Internas (SRI), provided details on key sectors driving this growth from January to July 2025:
Agriculture saw sales of USD 14.189 billion, reflecting a 17.5% increase—the highest among all sectors. “This figure reflects the consolidation of the agricultural sector as a strategic pillar for the national economy,” said Larco.
The commerce sector achieved USD 56.674 billion in sales, growing by 8.8%. According to Larco, “This sector reaffirms its key role within economic activity, driven by increased domestic demand and dynamic development in distribution chains.”
Manufacturing generated USD 21.266 billion in sales, an increase of 8.6%, indicating sustained recovery in industry.
Tourism reached USD 2.026 billion in sales through July, showing a growth of 7.3%. This performance points to a revival of tourism services nationwide.
Larco also noted that higher economic activity directly impacted tax collection figures. Up to August 2025, SRI collected USD 14.314 billion—a rise of 2.9% or USD 401 million compared to the same period in 2024 when collections stood at USD 13.913 billion.
In August alone, monthly tax collection totaled USD 1.728 billion—up by 9.9% over August last year (USD 1.573 billion). The nominal increase of USD 155 million enabled SRI to exceed its monthly revenue target with a fulfillment rate of 108.5%.
According to officials, these positive results are attributed to policies introduced by Ecuador’s national government aimed at promoting economic growth and fiscal sustainability.
