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 2023 2024 2025
GDP growth in % 2,4 0,3 2,2 (P)
Export in billion US$ 28,78 31,2 - (P)
Import in billion US$ 28,57 13,2 - (P)
Key interest rate in % 8,9 8,5 10,6 (May)
Inflation rate in % 2,2 1,8 2,2 (Apr)
HDI (Human Development Index) 0,76 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