Ecuador
Capital: QuitoRegion: Latin America & Caribbean Income: Upper middle income
GDP
$134.71B
2026
Population
18.1M
2024
GDP per Capita
$7K
2026
Life Expectancy
77.4 years
2023
Economy
| Indicator | Value | Year |
|---|---|---|
| GDP (Current USD, Billions) | $134.71B | 2026 |
| Real GDP Growth (%) | 2.0% | 2026 |
| GDP per Capita (USD) | $7K | 2026 |
| GDP, PPP (Billions Intl $) | $315.90B | 2026 |
| GDP per Capita, PPP (Intl $) | $17K | 2026 |
| Share of World GDP, PPP (%) | 0.14% | 2026 |
| GNI (Current USD) | $121.31B | 2024 |
| GNI per Capita (USD) | $6K | 2024 |
| GNI per Capita, PPP (USD) | $15K | 2024 |
| Industry Value Added (% of GDP) | 26.5% | 2024 |
| Services Value Added (% of GDP) | 57.2% | 2024 |
| Agriculture Value Added (% of GDP) | 9.5% | 2024 |
| Government Consumption (% of GDP) | 13.3% | 2024 |
| Household Consumption (% of GDP) | 64.9% | 2024 |
| Gross Capital Formation (% of GDP) | 18.5% | 2024 |
| Gross Savings (% of GNI) | 23.9% | 2024 |
| GDP Deflator (%) | 5.0% | 2024 |
| GDP per Person Employed (USD) | $30K | 2024 |
| Manufacturing Value Added (% of GDP) | 12.9% | 2024 |
| Medium/High-Tech Manufacturing (% of total) | 13.9% | 2022 |
| Adjusted Net National Income per Capita (USD) | $4K | 2021 |
| Adjusted Net Savings (% of GNI) | 2.4% | 2021 |
| External Balance on Goods & Services (% of GDP) | 3.4% | 2024 |
| Coal Rents (% of GDP) | 0.00% | 2021 |
| Mineral Rents (% of GDP) | 0.00% | 2021 |
| Oil Rents (% of GDP) | 6.40% | 2021 |
| Natural Gas Rents (% of GDP) | 0.01% | 2021 |
| Total Natural Resources Rents (% of GDP) | 6.7% | 2021 |
| Forest Rents (% of GDP) | 0.28% | 2021 |
| Industry Value Added (Current USD) | $33.05B | 2024 |
Fiscal & Monetary
| Indicator | Value | Year |
|---|---|---|
| Inflation, Consumer Prices (%) | 2.8% | 2026 |
| Govt Gross Debt (% of GDP) | 53.8% | 2024 |
| Fiscal Balance (% of GDP) | -1.3% | 2024 |
| Current Account Balance (% of GDP) | 3.4% | 2026 |
| Unemployment Rate (%) | 3.8% | 2026 |
| Inflation, CPI (%, World Bank) | 1.5% | 2024 |
| Deposit Interest Rate (%) | 7.1% | 2024 |
| Government Revenue (% of GDP) | 31.0% | 2022 |
| Tax Revenue (% of GDP) | 13.1% | 2022 |
| Taxes on Goods & Services (% of revenue) | 21.1% | 2022 |
| Taxes on Income, Profits & Capital Gains (% of rev) | 12.3% | 2022 |
| Net Investment in Nonfinancial Assets (% of GDP) | 0.5% | 2022 |
| Total Reserves incl. Gold (USD) | $6.91B | 2024 |
| Total Reserves (months of imports) | 2.2 | 2024 |
| Official Exchange Rate (per USD) | 1.00 | 2024 |
| Broad Money (% of GDP) | 57.1% | 2024 |
Trade
| Indicator | Value | Year |
|---|---|---|
| Trade (% of GDP) | 57.2% | 2024 |
| Imports of Goods & Services (% of GDP) | 26.9% | 2024 |
| Exports of Goods & Services (USD) | $37.75B | 2024 |
| Imports of Goods & Services (USD) | $33.57B | 2024 |
| Merchandise Exports (USD) | $34.42B | 2024 |
| Merchandise Imports (USD) | $29.49B | 2024 |
| FDI Inflows (% of GDP) | 0.4% | 2024 |
| FDI Net Inflows (USD) | $443.1M | 2024 |
| Personal Remittances Received (USD) | $6.54B | 2024 |
| Personal Remittances Received (% of GDP) | 5.2% | 2024 |
| High-Tech Exports (% of manufactured) | 10.0% | 2024 |
| Current Account Balance (% of GDP) | 5.7% | 2024 |
| Current Account Balance (USD) | $7.06B | 2024 |
External Debt
| Indicator | Value | Year |
|---|---|---|
| External Debt (% of GNI) | 49.7% | 2024 |
| External Debt Stocks (USD) | $60.36B | 2024 |
| Total Debt Service (% of GNI) | 7.0% | 2024 |
| Present Value of External Debt (USD) | $38.75B | 2024 |
| Use of IMF Credit (USD) | $9.92B | 2024 |
| Net ODA Received (% of GNI) | 0.5% | 2023 |
Finance
| Indicator | Value | Year |
|---|---|---|
| Domestic Credit by Financial Sector (% of GDP) | 61.8% | 2024 |
| Domestic Credit to Private Sector (% of GDP) | 56.2% | 2024 |
| Bank Capital to Assets Ratio (%) | 10.8% | 2023 |
| Bank Nonperforming Loans (%) | 4.2% | 2023 |
| Account Ownership at Financial Institution (%) | 64.5% | 2024 |
| Account Ownership, Female (%) | 63.5% | 2024 |
| Account Ownership, Male (%) | 65.6% | 2024 |
| Firms Using Banks to Finance Investment (%) | 37.8% | 2024 |
Business Environment
| Indicator | Value | Year |
|---|---|---|
| Time to Get Electricity (days) | 50 | 2024 |
Private Sector
| Indicator | Value | Year |
|---|---|---|
| Firms Expected to Pay Bribes (%) | 12.8% | 2024 |
| Firms with Female Top Manager (%) | 55.7% | 2024 |
| Firms with Female Participation in Ownership (%) | 21.0% | 2024 |
| Average Firm Age (years) | 26 years | 2024 |
| Firms Using Computers (%) | 67.7% | 2024 |
People
| Indicator | Value | Year |
|---|---|---|
| Population | 18.1M | 2024 |
| Population Growth (%) | 0.9% | 2024 |
| Population Density (per km²) | 72 | 2023 |
| Surface Area (sq km) | 256,370 | 2023 |
| Land Area (sq km) | 248,360 | 2023 |
| Urban Population (%) | 63.2% | 2024 |
| Urban Population (total) | 11.5M | 2024 |
| Rural Population (%) | 36.8% | 2024 |
| Life Expectancy at Birth | 77.4 years | 2023 |
| Life Expectancy, Male | 74.7 years | 2023 |
| Life Expectancy, Female | 80.1 years | 2023 |
| Fertility Rate (births per woman) | 1.8 | 2023 |
| Birth Rate (per 1,000) | 15.0 | 2023 |
| Death Rate (per 1,000) | 5.1 | 2023 |
| Net Migration | -17,219 | 2025 |
| Population Ages 0–14 (%) | 24.5% | 2024 |
| Population Ages 15–64 (%) | 67.2% | 2024 |
| Population Ages 65+ (%) | 8.3% | 2024 |
| Age Dependency Ratio (%) | 48.8% | 2024 |
| Mortality Rate, Adult Male (per 1,000) | 140.9 | 2023 |
| Mortality Rate, Adult Female (per 1,000) | 81.4 | 2023 |
Labor
| Indicator | Value | Year |
|---|---|---|
| Total Labor Force | 9.0M | 2025 |
| Labor Force Participation (%) | 64.5% | 2025 |
| Female Labor Force Participation (%) | 52.4% | 2025 |
| Male Labor Force Participation (%) | 76.9% | 2025 |
| Unemployment (%) | 3.3% | 2025 |
| Female Unemployment (%) | 4.1% | 2025 |
| Male Unemployment (%) | 2.8% | 2025 |
| Youth Unemployment (%) | 8.2% | 2025 |
| Employment in Agriculture (%) | 32.5% | 2025 |
| Employment in Industry (%) | 16.6% | 2025 |
| Employment in Services (%) | 50.9% | 2025 |
| Vulnerable Employment (%) | 50.1% | 2025 |
| Wage & Salaried Workers (% of total) | 47.7% | 2025 |
| Part-Time Employment (%) | 45.7% | 2024 |
| Employers (% of total employment) | 2.2% | 2025 |
| Labor Force, Female (% of total) | 41.0% | 2025 |
Education
| Indicator | Value | Year |
|---|---|---|
| Education Spending (% of GDP) | 3.9% | 2023 |
| Education Spending (% of govt expenditure) | 15.5% | 2025 |
| Adult Literacy Rate (%) | 96.3% | 2022 |
| Male Literacy Rate (%) | 96.8% | 2022 |
| Youth Literacy Rate (%) | 99.1% | 2023 |
| Primary School Enrollment (%) | 97.2% | 2023 |
| Secondary School Enrollment (%) | 92.8% | 2023 |
| Tertiary School Enrollment (%) | 67.9% | 2023 |
| Primary Completion Rate (%) | 100.2% | 2023 |
| Lower Secondary Completion Rate (%) | 90.5% | 2023 |
| Out-of-School Children, Primary | 86,090 | 2023 |
| Out-of-School Girls, Primary | 28,201 | 2023 |
| Primary School Teachers | 77,432 | 2024 |
| Secondary School Teachers | 93,535 | 2024 |
| Pupil-Teacher Ratio, Primary | 24 | 2018 |
| Pupil-Teacher Ratio, Secondary | 21 | 2018 |
| Expenditure per Student, Primary (% of GDP/cap) | 23.3% | 2015 |
Health
| Indicator | Value | Year |
|---|---|---|
| Health Spending (% of GDP) | 7.6% | 2023 |
| Health Spending per Capita (USD) | $509 | 2023 |
| Government Health Spending (% of GDP) | 4.7% | 2023 |
| Out-of-Pocket Health Spending (% of total) | 30.9% | 2023 |
| Physicians (per 1,000 people) | 2.3 | 2020 |
| Hospital Beds (per 1,000) | 1.3 | 2023 |
| Infant Mortality (per 1,000 live births) | 13.1 | 2023 |
| Under-5 Mortality, Female (per 1,000) | 11.3 | 2023 |
| Under-5 Mortality, Male (per 1,000) | 14.7 | 2023 |
| Cause of Death, Communicable (%) | 12.3% | 2019 |
| Cause of Death, Non-Communicable (%) | 76.2% | 2019 |
| Cause of Death, Injury (%) | 11.5% | 2019 |
| Measles Immunization (% of children) | 74.0% | 2024 |
| DPT Immunization (% of children) | 70.0% | 2024 |
| HIV Incidence (per 1,000) | 0.10 | 2024 |
| Tuberculosis Incidence (per 100,000) | 66 | 2024 |
| Stunting, Children Under 5 (%) | 17.4% | 2024 |
| Overweight, Children Under 5 (%) | 4.5% | 2024 |
| Smoking Prevalence, Males (%) | 17.8% | 2022 |
| Smoking Prevalence, Females (%) | 2.6% | 2022 |
| Suicide Mortality Rate (per 100,000) | 7.6 | 2021 |
| Alcohol Consumption (liters per capita) | 2.5 | 2020 |
Energy & Environment
| Indicator | Value | Year |
|---|---|---|
| Energy Use (kg oil eq. per capita) | 905 | 2022 |
| Electric Power Consumption (kWh per capita) | 1,589 | 2022 |
| Renewable Electricity Output (%) | 80.9% | 2021 |
| Renewable Energy Consumption (%) | 18.9% | 2021 |
| Access to Clean Fuels for Cooking (%) | 94.7% | 2023 |
| PM2.5 Air Pollution (µg/m³) | 16.7 | 2020 |
| Forest Area (%) | 49.5% | 2023 |
| Forest Area (sq km) | 123,050 | 2023 |
| Terrestrial Protected Areas (%) | 20.1% | 2024 |
| Marine Protected Areas (%) | 19.3% | 2024 |
| Access to Basic Drinking Water (%) | 92.1% | 2024 |
| Access to Basic Sanitation (%) | 91.2% | 2024 |
Agriculture
| Indicator | Value | Year |
|---|---|---|
| Agricultural Land (%) | 21.5% | 2023 |
| Cereal Yield (kg per hectare) | 4,025 | 2023 |
| Food Production Index (2014–2016=100) | 98.9 | 2022 |
| Crop Production Index (2014–2016=100) | 100.0 | 2022 |
| Livestock Production Index (2014–2016=100) | 93.9 | 2022 |
| Land Under Cereal Production (hectares) | 684,219 | 2023 |
| Fertilizer Consumption (kg per hectare) | 216.9 | 2023 |
| Agricultural Irrigated Land (%) | 21.1% | 2023 |
| Annual Freshwater Withdrawals (% of internal) | 2.2% | 2022 |
Technology
| Indicator | Value | Year |
|---|---|---|
| Internet Users (%) | 77.2% | 2024 |
| Fixed Broadband Subscriptions (per 100) | 16.1 | 2023 |
| Secure Internet Servers (per million) | 490.9 | 2024 |
| Patent Applications, Residents | 35 | 2021 |
| Patent Applications, Non-Residents | 373 | 2021 |
| Scientific Journal Articles | 3,574 | 2022 |
| High-Technology Exports (USD) | $154.3M | 2024 |
| ICT Service Exports (% of service exports) | 2.5% | 2024 |
| Industrial Design Applications, Resident | 78 | 2021 |
Infrastructure
| Indicator | Value | Year |
|---|---|---|
| Air Transport, Passengers Carried | 4.6M | 2023 |
| Air Transport, Freight (million ton-km) | 120.0 | 2023 |
| Container Port Traffic (TEU) | 2.7M | 2022 |
| Logistics Performance Index (1–5) | 2.88 | 2018 |
| Electricity from Oil (%) | 20.7% | 2022 |
| Electricity from Nuclear (%) | 0.0% | 2021 |
Gender
| Indicator | Value | Year |
|---|---|---|
| Women in Parliament (%) | 43.1% | 2024 |
| Female Labor Force Participation, 15+ (%) | 52.5% | 2024 |
| Female Wage & Salaried Workers (%) | 39.3% | 2025 |
| Girls Out-of-School Rate (%) | 106.6% | 2018 |
| Adolescent Fertility Rate (per 1,000) | 55.5 | 2023 |
| Gender Parity Index, Secondary | 1.02 | 2020 |
Governance
| Indicator | Value | Year |
|---|---|---|
| Control of Corruption | -0.65 | 2023 |
| Government Effectiveness | -0.49 | 2023 |
| Regulatory Quality | -0.72 | 2023 |
| Voice & Accountability | -0.06 | 2023 |
| Control of Corruption (percentile rank) | 27.8% | 2023 |
| Government Effectiveness (percentile rank) | 32.5% | 2023 |
| Rule of Law (percentile rank) | 19.3% | 2023 |
| Political Stability (percentile rank) | 32.7% | 2023 |
Military
| Indicator | Value | Year |
|---|---|---|
| Military Spending (% of GDP) | 2.2% | 2024 |
| Armed Forces (% of labor force) | 0.5% | 2020 |
| Intentional Homicides (per 100,000) | 45.7 | 2023 |
Poverty & Inequality
| Indicator | Value | Year |
|---|---|---|
| Poverty at $2.15/day (%) | 7.3% | 2024 |
| Poverty at $3.65/day (%) | 12.1% | 2024 |
| Poverty at $6.85/day (%) | 32.6% | 2024 |
| Gini Index | 45.2 | 2024 |
| Income Share, Top 10% | 33.4% | 2024 |
| Income Share, Bottom 10% | 1.5% | 2024 |
| Income Share, Top 20% | 50.0% | 2024 |
| Income Share, Bottom 20% | 4.3% | 2024 |
| Shared Prosperity Premium (%) | -1.4% | 2024 |
| Survey Mean Consumption (2017 PPP $ per day) | 16.93 | 2024 |
Social Protection
| Indicator | Value | Year |
|---|---|---|
| Social Assistance Coverage (%) | 28.1% | 2022 |
| Labor Market Programs Coverage (%) | 0.6% | 2022 |
| Human Capital Index (0–1) | 0.59 | 2020 |
| Human Capital Index, Female | 0.61 | 2020 |
| Human Capital Index, Male | 0.58 | 2020 |
| Learning-Adjusted Years of School | 8.7 years | 2020 |
Tourism
| Indicator | Value | Year |
|---|---|---|
| International Tourism, Arrivals | 2.1M | 2019 |
| International Tourism, Departures | 1.5M | 2019 |
| Tourism Receipts (USD) | $705.0M | 2020 |
| Tourism Expenditures (USD) | $533.0M | 2020 |
| Tourism Receipts (% of total exports) | 3.1% | 2020 |
| International Tourism, Transport Services (USD) | $3.0M | 2020 |
Urban Development
| Indicator | Value | Year |
|---|---|---|
| Population in Largest City | 3.2M | 2025 |
| Population in Agglomerations >1M (% of total) | 28.8% | 2025 |
| Population in Slums (% of urban) | 57.8% | 2022 |
| Rural Population Growth (%) | 0.6% | 2024 |
| Access to Safely Managed Sanitation (%) | 49.3% | 2024 |