Ecuador Ecuador

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Ecuador, is a country located at South America, it has an area of 256,370 Km2.

Ecuador, with a population of 17,757,000 people, it is ranked at 68º position by population of 196 countries and it has a moderate population density, 69 people per km2.

It's capital is Quito and its currency is United States dollars

Ecuador is holding the 64 position by nominal GDP. Its national debt in 2022 was 62,974 millions of euros (66,367 millions of dollars), ( 57.69% debt-to-GDP ratio) and its public debt per capita is €3,546 euros per inhabitant$3,738 dollars per inhabitant.

The last annual rate of CPI published in Ecuador was on April of 2024 and it was 2.8%.

In terms of the human development index (HDI) of Ecuador, which is the index used by the United Nations to measure the progress of a country, was 0.74 points in 2021, leaving it in 95th place in the table of 191 countries published.

If the reason to visit Ecuador are business, you must know it's in the 129th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Ecuador, if you want to see information about other countries click here

Quito: Monthly Temp.
Quito: Monthly Rainfall
Ecuador Economy
Gouvernement
Annual GDP [+]2022€109,167M
Annual GDP [+]2022$115,049M
GDP per capita [+]2022€6,148
GDP per capita [+]2022$6,479
Debt (M.€.) [+]202262,974
Debt ($M) [+]202266,367
Debt (%GDP) [+]202257.69%
Debt Per Capita [+]2022€3,546
Debt Per Capita [+]2022$3,738
Deficit (M.€) [+]202250
Deficit ($M) [+]202253
Deficit (%GDP) [+]20220.05%
Expenditure (M.€) [+]202242,947.1
Expenditure ($M) [+]202245,261.0
Education Expenditure (M.€) [+]20203,596.7
Education Expenditure ($M) [+]20204,104.8
Education Expenditure (%Bud.) [+]202011.51%
Gov. Health Exp. (M.€) [+]20174,028.2
Gov. Health Exp.($M) [+]20174,549.0
Gov. Health Exp. (%Bud.) [+]201711.92%
Defence Expenditure (M.€) [+]20222,352.8
Defence Expenditure ($M) [+]20222,479.6
Defence Expenditure (%Bud.) [+]20216.32%
Expenditure (%GDP) [+]202239.34%
Expenditure Per Capita [+]2022€2,419
Expenditure Per Capita [+]2022$2,549
Education Expenditure P.C [+]2020€205
Education Expenditure P.C [+]2020$234
Gov. Health Exp. P.C. [+]2017€242
Gov. Health Exp. P.C. [+]2017$274
Defence Expenditure P.C. [+]2022€133
Defence Expenditure P.C. [+]2022$140
Moody's Rating [+]02/27/2023Caa3
S&P Rating [+]01/11/2024B-
Fitch Rating [+]09/03/2020B-
Corruption Index [+]202236
Competitiveness Ranking [+]201990º
Fragile States Index [+]201874.2
RTI Raking [+]202283º
Innovation Ranking [+]201897º
Labour
Unemployment rate [+]2024Q13.8%
Unemployed [+]2024Q1322K
NMW [+]2013$318.0
NMW [+]2013€241.0
Human Capital Ranking [+]201776º
Prices
CPI (overall index) [+]April 20242.8%
Money Market
Key rates [+]05/01/202411.12%
Business
Doing Business [+]2020129º
Passengers vehicles Year [+]December 2022100,069
Annual Vehicles/ 1,000 p. [+]December 20227.10
Vehicles / 1,000 people [+]2020152.95
Taxes
Tax Revenue (%GDP) [+]202119.4%
Standard VAT [+]01/01/200612.00%
Top tax rate + SSC [+]202035.0%
Trade
Annual arrivals [+]20192,107,692
Exports [+]2023€28,786.1M
Exports [+]2023$31,126.4M
Exports % GDP [+]202228.41%
Imports [+]2023€28,575.0M
Imports [+]2023$30,898.2M
Imports % GDP [+]202228.75%
Trade balance [+]2023€211.1M
Trade balance [+]2023$228.3M
Trade balance % GDP [+]2022-0.34%
Socio-Demography
Global AgeWatch Ranking [+]201544º
Density [+]202169
Global Peace Ranking [+]202397º
Remittance received ($M) [+]20172,848.0
% Immigrant [+]20204.48%
% Emigrant [+]20206.44%
Birth Rate [+]202116.82‰
Remittance sent ($M) [+]2017828.1
Crude death rate [+]20216.72‰
Fertility Rate [+]20212.03
% risk of poverty [+]202225.2%
Population [+]202117,757,000
Immigrant stock [+]2020784,787
Emigrant stock [+]20201,127,891
HDI [+]20210.740
Gender Gap Ranking [+]202350º
Life expectancy [+]202173.67
Suicides [+]20151,207
Suicide rate [+]20157.42
Number of homicides [+]20224,859
Rate Homicides per 100.000 [+]202226.99
Energy and Environment
CO2 Tons per capita [+]20222.59
Annual crude oil production [+]2023475
Crude Oil Reserves [+]20218,273.0
Consumption GWh [+]202227,702
Generation GWh [+]202232,645
Others
COVID-19 - Deaths [+]05/12/202436,048
COVID-19 - Confirmed [+]05/12/20241,076,147
Fully vaccinated [+]03/31/202314,240,587
COVID-19 - Deaths per million population [+]05/12/20242,030.07
Doses administered [+]03/31/202339,564,195