Bananas — Revealed comparative advantage index in Ecuador
Ecuador: Bananas — Revealed comparative advantage index was 49.71 in 2024. ▼ Falling
Bananas — Revealed comparative advantage index in Ecuador, 2010–2024
Source: Food and Agriculture Organization of the United Nations.
Analysis
The most recent figure for bananas — revealed comparative advantage index in Ecuador is 49.71, measured in 2024. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 21.9% on the previous year and down 19.7% over ten years.
Over the whole period, bananas — revealed comparative advantage index in Ecuador peaked at 69.63 in 2021 and was at its lowest, 49.71, in 2024.
Ecuador ranks 1st of 128 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 15 years of available data.
Bananas — Revealed comparative advantage index in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 67.14 | — |
| 2011 | 68.35 | +1.8% |
| 2012 | 69.06 | +1.0% |
| 2013 | 68.74 | -0.5% |
| 2014 | 61.88 | -10.0% |
| 2015 | 65.15 | +5.3% |
| 2016 | 59.11 | -9.3% |
| 2017 | 61.72 | +4.4% |
| 2018 | 62.54 | +1.3% |
| 2019 | 58.71 | -6.1% |
| 2020 | 61.75 | +5.2% |
| 2021 | 69.63 | +12.8% |
| 2022 | 68.72 | -1.3% |
| 2023 | 63.66 | -7.4% |
| 2024 | 49.71 | -21.9% |
Ecuador compared with similar countries
- Ecuador's 49.71 is above the median for upper middle income countries, which is 0.03, 1657.0× the median. (37 countries reporting)
- Ecuador's 49.71 is above the median for Latin America & Caribbean, which is 1.38, 36.0× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 64.24 | 58.71 | 69.06 | 10 |
| 2020s | 62.69 | 49.71 | 69.63 | 5 |
Countries ranked near Ecuador
- 1 Côte d'Ivoire 2.61 compare
- 1 Lao People's Democratic Republic 9.8 compare
- 2 Bolivia (Plurinational State of) 2.3 compare
- 2 Panama 47.78 compare
- 3 Belize 28.07 compare
- 3 Viet Nam 1.64 compare
- 4 Costa Rica 26.24 compare
- 4 United Republic of Tanzania 0.07 compare
More agriculture & rural data for Ecuador
- Agriculture, forestry, and fishing, value added (current US$), annual 10.59 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.097 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 691.36 current US$ per person (2025)
- Rural population, annual growth rate 0.4287 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.3661 units per person (2025)
- Share of GDP from agriculture 9.7% (2025)
- Agriculture as a share of GDP vs. GDP per capita 9.7% (2025)
- Agricultural raw materials exports 3.9% (2024)
- Agricultural raw materials imports 0.7% (2024)
Frequently asked questions
- What is bananas — revealed comparative advantage index in Ecuador?
- Bananas — revealed comparative advantage index in Ecuador was 49.71 in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest bananas — revealed comparative advantage index recorded in Ecuador?
- The highest recorded value was 69.63 in 2021.
- What is the lowest bananas — revealed comparative advantage index recorded in Ecuador?
- The lowest recorded value was 49.71 in 2024.
- How does Ecuador rank for bananas — revealed comparative advantage index?
- Ecuador ranks 1st out of 128 countries with data for 2024.
- Is bananas — revealed comparative advantage index rising or falling in Ecuador?
- Over the last ten years it is down 19.7%. The long-run trend across the full record is falling.
- Where does this Ecuador data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Bananas — Revealed comparative advantage index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK