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Ecuador’s economy grew 3% in the first quarter of this year
Posted On 30 Jun 2015
The Central Bank of Ecuador (BCE) predicted that the Ecuadorian economy would grow 1.9% this year, a lower figure than 3.8% it could expand last year.
The Ministry of Finance estimated a growth of 4.15 for 2015. However, in the first quarter it stood at 3%, according to the latest statistics presented by the BCE.
In the first three months, the Ecuadorian economy has a volume of 24,819.81 million dollars, far more than 24,584.85 billion the Gross Domestic Product (GDP) reached -from January to March 2014-. That, in current terms (without taking into account inflation).
Sources: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8118740&idcat=38269&tipo=2
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