Country information

Ecuador

Area

283.561 Km²

Capital

Quito

Government

Guillermo Lasso Mendoza

Population

17,4 million

Contact

Marcela Melo

Regional Manager Bolivia, Colombia, Ecuador, Peru and Venezuela

m.melo@lateinamerikaverein.de

+49 (0) 40 413 43 151

Economic data

Basic data 2022 2023 2024
GDP growth in % 6,2 2,4 2,4 (P)
Export in billion US$ 31,01 28,78 29,09 (P)
Import in billion US$ 31,38 28,57 24,49 (P)
Key interest rate in % 8,9 8,9 11,12 (May)
Inflation rate in % 3,8 2,2 2,75 (Apr)
HDI (Human Development Index) 0,74 0,76 -

Foreign Trade

Import products: Refined Petroleum, Coal Tar Oil, Broadcasting Equipment

Import partner: USA, China, Colombia

 

Export products: Crude Petroleum, Bananas, Crustaceans, Processed Fish

Export partner: USA, China, Panama

Notes

P = Prediction

Update: 01.08.2024

Sources: UNDP, OEC, worlddata, statista