House Prices/GDP per Capita in Ecuador compared to Latin America

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Brazil 50.07x
Peru 43.39x
Nicaragua 41.52x
Colombia 37.79x
Argentina 29.29x
El Salvador 28.22x
Panama 26.38x
Mexico 21.63x
Ecuador 21.60x
Chile 20.41x
Uruguay 17.25x
Costa Rica 16.37x

Ecuador: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.


There are no house price statistics for Ecuador, and its statistical data is generally weak. The Instituto Nacional de Estad'stica y Censos is an ill-organized collection of stale data. The Banco Central del Ecuador is better, but alas has few downloadable time-series (data tends to be in 'press release' format). The monthly report on inflation is well presented.