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Quito . The Central Bank of Ecuador (ECB) has published the results of the national accounts and the balance of payments for the first quarter of 2018. They show that the gross domestic product (GDP), measured in constant value, has increased 1, 9% compared to the first quarter of 2017.
In this positive interannual variation, household consumption contributed with 2.8%, imports with 2.6% and gross fixed capital formation (FBKF) With 1 In contrast, between the first quarter of 2018 and the last quarter of 2017, final consumption of general government registered a 1.7% reduction.
The FBKF, ie fixed assets, both public and private sectors, showed a positive variation of 5.5% compared to the first quarter of 2017.
Investment variation in "machinery, equipment and electrical appliances" provided the largest contribution (5.6%) to the positive interannual change of the FBKF. [19659002] On the other hand, the overall balance of payments balance increased by $ 2,883 over the previous year, from $ 491 million in the first quarter of 2017 to $ 2,422 million in the previous year. in the first quarter of 2018.
notes that foreign direct investment (FDI) reached US $ 224 million in the first quarter of 2018, an increase of US $ 136 million from the value achieved in the fourth quarter of 2017.
In the first quarter In 2018, Ecuadorian exports of goods and services registered a positive rate of change of 1.1% compared to the first quarter of 2017 and 0.6% compared to in the previous quarter.
Following the recovery in economic activity levels, Ecuador's imports increased by 8.4% over the first quarter of 2017 and by 1.9% over the previous year. previous quarter.
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