Soya beans — Gross Production Value in Ecuador

Ecuador: Soya beans — Gross Production Value was 14,008 1000 USD in 2024. ▼ Falling

Latest (2024)
14,008 1000 USD
Change on year
up 91.3%
World rank
44th
of 75 countries
All-time high
51,301 1000 USD
in 1994
All-time low
2,089 1000 USD
in 1997
Years of data
34
1991–2024

Soya beans — Gross Production Value in Ecuador, 1991–2024

010.0k20.0k30.0k40.0k50.0k1991200720241991: 28.3k 1000 USD1992: 43.3k 1000 USD1993: 40.3k 1000 USD1994: 51.3k 1000 USD1995: 25.5k 1000 USD1996: 22.9k 1000 USD1997: 2.1k 1000 USD1998: 2.9k 1000 USD1999: 18.3k 1000 USD2000: 17.9k 1000 USD2001: 25.7k 1000 USD2002: 27.9k 1000 USD2003: 24.9k 1000 USD2004: 26.0k 1000 USD2005: 11.2k 1000 USD2006: 6.3k 1000 USD2007: 19.7k 1000 USD2008: 30.0k 1000 USD2009: 33.2k 1000 USD2010: 35.4k 1000 USD2011: 38.9k 1000 USD2012: 38.5k 1000 USD2013: 39.0k 1000 USD2014: 18.9k 1000 USD2015: 19.6k 1000 USD2016: 24.8k 1000 USD2017: 20.2k 1000 USD2018: 16.0k 1000 USD2019: 23.2k 1000 USD2020: 13.8k 1000 USD2021: 10.9k 1000 USD2022: 19.0k 1000 USD2023: 7.3k 1000 USD2024: 14.0k 1000 USD

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

The most recent figure for soya beans — gross production value in Ecuador is 14,008 1000 USD, measured in 2024.

The figure is up 91.3% on the previous year and down 26.0% over ten years.

Over the whole period, soya beans — gross production value in Ecuador peaked at 51,301 1000 USD in 1994 and was at its lowest, 2,089 1000 USD, in 1997.

That places Ecuador 44th out of 75 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 34 years of available data.

Soya beans — Gross Production Value in Ecuador, year by year

Annual values for Soya beans — Gross Production Value (current thousand US$) in Ecuador, 1991 to 2024.
Year 1000 USD Change
1991 28,318 1000 USD —
1992 43,282 1000 USD +52.8%
1993 40,266 1000 USD -7.0%
1994 51,301 1000 USD +27.4%
1995 25,544 1000 USD -50.2%
1996 22,853 1000 USD -10.5%
1997 2,089 1000 USD -90.9%
1998 2,881 1000 USD +37.9%
1999 18,302 1000 USD +535.3%
2000 17,879 1000 USD -2.3%
2001 25,725 1000 USD +43.9%
2002 27,935 1000 USD +8.6%
2003 24,919 1000 USD -10.8%
2004 25,991 1000 USD +4.3%
2005 11,214 1000 USD -56.9%
2006 6,254 1000 USD -44.2%
2007 19,729 1000 USD +215.5%
2008 30,035 1000 USD +52.2%
2009 33,206 1000 USD +10.6%
2010 35,389 1000 USD +6.6%
2011 38,907 1000 USD +9.9%
2012 38,458 1000 USD -1.2%
2013 39,045 1000 USD +1.5%
2014 18,923 1000 USD -51.5%
2015 19,567 1000 USD +3.4%
2016 24,773 1000 USD +26.6%
2017 20,201 1000 USD -18.5%
2018 16,018 1000 USD -20.7%
2019 23,233 1000 USD +45.0%
2020 13,828 1000 USD -40.5%
2021 10,887 1000 USD -21.3%
2022 18,989 1000 USD +74.4%
2023 7,324 1000 USD -61.4%
2024 14,008 1000 USD +91.3%

Ecuador compared with similar countries

  • Ecuador's 14,008 1000 USD is below the median for upper middle income countries, which is 14,710 1000 USD, 95% of the median. (25 countries reporting)
  • Ecuador's 14,008 1000 USD is above the median for Latin America & Caribbean, which is 14,008 1000 USD, 1.0× the median. (15 countries reporting)

Biggest year-on-year movements

Years where Soya beans — Gross Production Value in Ecuador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1999 +535.3% 2,881 1000 USD 18,302 1000 USD

Averages by decade

DecadeAverage LowestHighest Years
1990s 26,093 1000 USD 2,089 1000 USD 51,301 1000 USD 9
2000s 22,289 1000 USD 6,254 1000 USD 33,206 1000 USD 10
2010s 27,451 1000 USD 16,018 1000 USD 39,045 1000 USD 10
2020s 13,007 1000 USD 7,324 1000 USD 18,989 1000 USD 5

Countries ranked near Ecuador

  1. 41 Nepal 22,953 1000 USD compare
  2. 42 Belize 21,829 1000 USD compare
  3. 43 Bosnia and Herzegovina 14,710 1000 USD compare
  4. 45 Zambia 12,582 1000 USD compare
  5. 46 Guatemala 10,974 1000 USD compare
  6. 47 Switzerland 9,130 1000 USD compare

See the full ranking of 114 places →

More agriculture & rural data for Ecuador

All data for Ecuador →

Frequently asked questions

What is soya beans — gross production value in Ecuador?
Soya beans — gross production value in Ecuador was 14,008 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest soya beans — gross production value recorded in Ecuador?
The highest recorded value was 51,301 1000 USD in 1994.
What is the lowest soya beans — gross production value recorded in Ecuador?
The lowest recorded value was 2,089 1000 USD in 1997.
How does Ecuador rank for soya beans — gross production value?
Ecuador ranks 44th out of 75 countries with data for 2024.
Is soya beans — gross production value rising or falling in Ecuador?
Over the last ten years it is down 26.0%. 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 Soya beans — Gross Production Value (current thousand US$). Statizoid updates them automatically from the source API.

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Soya beans — Gross Production Value in Ecuador. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 02 October 2026, from https://agriculture.statizoid.com/stat/soya-beans-gross-production-value-current-thousand-us/ecuador/

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About this data

Indicator
Soya beans — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
114 places, 3,567 data points, 1991–2024
Last refreshed

The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.