Ecuador VAT Revenue Reaches $4.068B Through April

Ecuador collected $4.068 billion in VAT from January through April 2026, making the tax the central driver of fiscal revenue growth in the first four months of the year.

VAT revenue rose 15% from $3.549 billion in the same period of 2025, adding $519 million.

Fiscal Revenue Mix

Indicator	Jan-Apr 2026
VAT collection	$4.068B
VAT growth YoY	15%
VAT increase YoY	$519M
Total tax collection	$8.745B
VAT share of total collection	46.5%
Total tax growth YoY	14.8%
Additional total tax revenue	$1.127B

The VAT result reflects stronger consumption and sales activity, as well as tax-base changes.

Sales Signal

Internal sales reached $53.903 billion from January through March 2026, up 12% from the same period of 2025.

The automotive sector was one visible contributor. From January through May 2026, vehicle sales rose 41% versus the same period of 2025, while May sales grew 28% year over year and marked 13 consecutive months of expansion.

The SRI circular of March 26 also shifted more than 60 processed food products from 0% VAT to 15%, although the effect of that measure was described as limited relative to the broader recovery in sales.

What to watch

• Whether VAT momentum continues after the early-2026 consumption rebound.
• Whether food-category VAT changes affect inflation-sensitive households.
• Whether vehicle sales remain a major contributor to taxable consumption.
• Whether total tax revenue growth improves fiscal liquidity in the second half.