The Equatorial Counter Current is an eastward flowing, wind-driven current which extends to depths of 100–150 metres (330–490 ft) in the Atlantic, Indian, and Pacific Oceans. More often called the North Equatorial Countercurrent (NECC), this current flows west-to-east at about 3-10°N in the Atlantic, Indian Ocean and Pacific basins, between the North Equatorial Current (NEC) and the South Equatorial Current (SEC). The NECC is not to be confused with the Equatorial Undercurrent (EUC) that flows eastward along the equator at depths around 200 metres (660 ft) in the western Pacific rising to 100 metres (330 ft) in the eastern Pacific.

In the Indian Ocean, circulation is dominated by the impact of the reversing Asian monsoon winds. As such, the current tends to reverse hemispheres seasonally in that basin. The NECC has a pronounced seasonal cycle in the Atlantic and Pacific, reaching maximum strength in late boreal summer and fall and minimum strength in late boreal winter and spring. Furthermore, the NECC in the Atlantic disappears in late winter and early spring.

The NECC is an interesting case because while it results from wind-driven circulation, it transports water against the mean westward wind stress in the tropics. This apparent paradox is concisely explained by Sverdrup theory, which shows that the east-west transport is governed by the north-south change in the curl of the wind stress.

The Pacific NECC is also known to be stronger during warm episodes of the El Niño-Southern Oscillation (ENSO). Klaus Wyrtki, who first reported this connection, suggested that a stronger than normal NECC could be the cause of an El Niño because of the extra volume of warm water it carried eastwards.

There is also a South Equatorial Countercurrent (SECC) that transports water from west to east in the Pacific and Atlantic basins between 2°S and 5°S in the western basin and farther south toward the east. While the SECC is geostrophic in nature, the physical mechanism for its appearance is less clear than with the NECC; that is, Sverdrup theory does not obviously explain its existence. Additionally, the seasonal cycle of the SECC is not as defined as that of the NECC.