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  1. EconomyEcuador

    Ecuador: the budget came out worse than the IMF forecast in 12 years out of 15

    −100200020312020

    Each April the IMF forecasts the next year. For Ecuador, in 2011–2025 the budget came out worse than forecast in 12 of 15 years, typically by 2 percentage points of GDP. The biggest miss: 2020 — in April 2019 the IMF expected a surplus of 3.8% of GDP, the outcome was a deficit of 7.4% of GDP.

    Source: IMF World Economic Outlook 2007–2026Open on the chart →

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