Ecuador

Ecuador’s GDP grew by 1.5% in real terms in 2023. Among positive developments, private and public spending increased, supporting economic activity in the country. However, the economy was hindered by sluggish gross fixed capital formation and…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Ecuador covers production and consumption trends in agricultural commodities, energy…

The number of households is set to increase moderately in Ecuador over 2022-2027, with “other (extended)” becoming the leading household type. In 2022, household spending was affected by inflation, which stood at 3.5%, increasing living costs. The…

Ecuador's per capita income is set to rise, driven by Middle Youth influencing luxury spending. While income inequality is expected to decrease, it will remain high in global terms. Social class C will grow rapidly, while social class E will still be…

This report assesses the business environment in Ecuador, focusing on the regulatory environment, stability of the financial system, FDI intake, labour market flexibility and skillset, trade openness, mobility infrastructure, ICT adoption and…