Ecuador

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Introduction

Background

What is now Ecuador formed part of the northern Inca Empire until the Spanish conquest in 1533. Quito became a seat of Spanish colonial government in 1563 and part of the Viceroyalty of New Granada in 1717. The territories of the Viceroyalty - New Granada (Colombia), Venezuela, and Quito - gained their independence between 1819 and 1822 and formed a federation known as Gran Colombia. When Quito withdrew in 1830, the traditional name was changed in favor of the "Republic of the Equator." Between 1904 and 1942, Ecuador lost territories in a series of conflicts with its neighbors. A border war with Peru that flared in 1995 was resolved in 1999. Although Ecuador marked 30 years of civilian governance in 2004, the period was marred by political instability. Protests in Quito contributed to the mid-term ouster of three of Ecuador's last four democratically elected presidents. In late 2008, voters approved a new constitution, Ecuador's 20th since gaining independence. General elections were held in April 2017, and voters elected President Lenin MORENO.

Geography

Location

Western South America, bordering the Pacific Ocean at the Equator, between Colombia and Peru

Geographic coordinates

2 00 S, 77 30 W

Map references

South America

Area

total: 283,561 sq km
land: 276,841 sq km
water: 6,720 sq km
note: includes Galapagos Islands
country comparison to the world: 75

Area - comparative

slightly smaller than Nevada

Land boundaries

total: 2,237 km
border countries (2): Colombia 708 km, Peru 1529 km

Coastline

2,237 km

Maritime claims

territorial sea: 200nm
exclusive economic zone: 200nm
continental shelf: 200nm
note: Ecuador has declared its right to extend its continental shelf to 350nm measured from the baselines of the Galapagos Archipelago

Climate

tropical along coast, becoming cooler inland at higher elevations; tropical in Amazonian jungle lowlands

Terrain

coastal plain (costa), inter-Andean central highlands (sierra), and flat to rolling eastern jungle (oriente)

Elevation

mean elevation: 1,117 m
lowest point: Pacific Ocean 0 m
highest point: Chimborazo 6,267
note: because the earth is not a perfect sphere and has an equatorial bulge, the highest point on the planet farthest from its center is Mount Chimborazo not Mount Everest, which is merely the highest peak above sea level

Natural resources

petroleum, fish, timber, hydropower

Land use

agricultural land: 29.7% (2011 est.)
arable land: 4.7% (2011 est.)/permanent crops: 5.6% (2011 est.)/permanent pasture: 19.4% (2011 est.)
forest: 38.9% (2011 est.)
other: 31.4% (2011 est.)

Irrigated land

15,000 sq km (2012)

Population distribution

nearly half of the population is concentrated in the interior in the Andean intermontane basins and valleys, with large concentrations also found along the western coastal strip; the rainforests of the east remain sparsely populated

Natural hazards

frequent earthquakes; landslides; volcanic activity; floods; periodic droughts volcanism: volcanic activity concentrated along the Andes Mountains; Sangay (5,230 m), which erupted in 2010, is mainland Ecuador's most active volcano; other historically active volcanoes in the Andes include Antisana, Cayambe, Chacana, Cotopaxi, Guagua Pichincha, Reventador, Sumaco, and Tungurahua; Fernandina (1,476 m), a shield volcano that last erupted in 2009, is the most active of the many Galapagos volcanoes; other historically active Galapagos volcanoes include Wolf, Sierra Negra, Cerro Azul, Pinta, Marchena, and Santiago

Environment - current issues

deforestation; soil erosion; desertification; water pollution; pollution from oil production wastes in ecologically sensitive areas of the Amazon Basin and Galapagos Islands

Environment - international agreements

party to: Antarctic-Environmental Protocol, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
signed, but not ratified: none of the selected agreements

Geography - note

Cotopaxi in Andes is highest active volcano in world

People and Society

Population

16,498,502 (July 2018 est.)
country comparison to the world: 68

Nationality

noun: Ecuadorian(s)
adjective: Ecuadorian

Ethnic groups

mestizo (mixed Amerindian and white) 71.9%, Montubio 7.4%, Amerindian 7%, white 6.1%, Afroecuadorian 4.3%, mulatto 1.9%, black 1%, other 0.4% (2010 est.)

Languages

Spanish (Castilian) 93% (official), Quechua 4.1%, other indigenous 0.7%, foreign 2.2% (2010 est.)
note: (Quechua and Shuar are official languages of intercultural relations; other indigenous languages are in official use by indigenous peoples in the areas they inhabit)

Religions

Roman Catholic 74%, Evangelical 10.4%, Jehovah's Witness 1.2%, other 6.4% (includes Mormon, Buddhist, Jewish, Spiritualist, Muslim, Hindu, indigenous, African American, Pentecostal), atheist 7.9%, agnostic 0.1% (2012 est.)
note: data represent persons at least 16 years of age from five Ecuadoran cities

Demographic profile

Ecuador's high poverty and income inequality most affect indigenous, mixed race, and rural populations. The government has increased its social spending to ameliorate these problems, but critics question the efficiency and implementation of its national development plan. Nevertheless, the conditional cash transfer program, which requires participants' children to attend school and have medical check-ups, has helped improve educational attainment and healthcare among poor children. Ecuador is stalled at above replacement level fertility and the population most likely will keep growing rather than stabilize.An estimated 2 to 3 million Ecuadorians live abroad, but increased unemployment in key receiving countries - Spain, the United States, and Italy - is slowing emigration and increasing the likelihood of returnees to Ecuador. The first large-scale emigration of Ecuadorians occurred between 1980 and 2000, when an economic crisis drove Ecuadorians from southern provinces to New York City, where they had trade contacts. A second, nationwide wave of emigration in the late 1990s was caused by another economic downturn, political instability, and a currency crisis. Spain was the logical destination because of its shared language and the wide availability of low-skilled, informal jobs at a time when increased border surveillance made illegal migration to the US difficult. Ecuador has a small but growing immigrant population and is Latin America's top recipient of refugees; 98% are neighboring Colombians fleeing violence in their country.

Age structure

0-14 years: 26.64%(male 2,242,148 /female 2,153,776)
15-24 years: 18.19%(male 1,526,300 /female 1,474,626)
25-54 years: 39.82%(male 3,207,692 /female 3,362,464)
55-64 years: 7.67%(male 615,769 /female 649,777)
65 years and over: 7.67%(male 599,221 /female 666,729) (2018 est.)
population pyramid:

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Dependency ratios

total dependency ratio: 55.6 (2015 est.)
youth dependency ratio: 45.1 (2015 est.)
elderly dependency ratio: 10.4 (2015 est.)
potential support ratio: 9.6 (2015 est.)

Median age

total: 28.1 years (2018 est.)
male: 27.3 years
female: 28.8 years
country comparison to the world: 141

Population growth rate

1.25% (2018 est.)
country comparison to the world: 87

Birth rate

17.6 births/1,000 population (2018 est.)
country comparison to the world: 96

Death rate

5.1 deaths/1,000 population (2018 est.)
country comparison to the world: 192

Net migration rate

0 migrant(s)/1,000 population (2018 est.)
country comparison to the world: 82

Population distribution

nearly half of the population is concentrated in the interior in the Andean intermontane basins and valleys, with large concentrations also found along the western coastal strip; the rainforests of the east remain sparsely populated

Urbanization

urban population: 64% of total population(2019)
rate of urbanization: 1.66% annual rate of change(2015-20 est.)

Major urban areas - population

2.946 million Guayaquil, 1.848 million QUITO (capital) (2019)

Sex ratio

at birth: 1.05 male(s)/female
0-14 years: 1.04 male(s)/female
15-24 years: 1.04 male(s)/female
25-54 years: 0.95 male(s)/female
55-64 years: 0.95 male(s)/female
65 years and over: 0.9 male(s)/female
total population: 0.99 male(s)/female (2018 est.)

Maternal mortality rate

59 deaths/100,000 live births (2017 est.)
country comparison to the world: 90

Infant mortality rate

total: 15.9 deaths/1,000 live births (2018 est.)
male: 18.8 deaths/1,000 live births
female: 12.8 deaths/1,000 live births
country comparison to the world: 97

Life expectancy at birth

total population: 77.1 years (2018 est.)
male: 74.2 years
female: 80.3 years
country comparison to the world: 79

Total fertility rate

2.15 children born/woman (2018 est.)
country comparison to the world: 99

Contraceptive prevalence rate

80.1% (2007/12)

Drinking water source

improved: urban: 93.4% of population
rural: 75.5% of population
total: 86.9% of population
unimproved: urban: 6.6% of population
rural: 24.5% of population
total: 13.1% of population (2015 est.)

Current Health Expenditure

8.4% (2016)

Physicians density

2.05 physicians/1,000 population (2016)

Hospital bed density

1.5 beds/1,000 population (2013)

Sanitation facility access

improved: urban: 87% of population (2015 est.)
rural: 80.7% of population (2015 est.)
total: 84.7% of population (2015 est.)
unimproved: urban: 13% of population (2015 est.)
rural: 19.3% of population (2015 est.)
total: 15.3% of population (2015 est.)

HIV/AIDS - adult prevalence rate

0.4% (2018 est.)
country comparison to the world: 78

HIV/AIDS - people living with HIV/AIDS

44,000 (2018 est.)
country comparison to the world: 63

HIV/AIDS - deaths

<1000 (2018 est.)

Major infectious diseases

degree of risk: high (2016)
food or waterborne diseases: bacterial diarrhea, hepatitis A, and typhoid fever (2016)
vectorborne diseases: dengue fever and malaria (2016)
note: active local transmission of Zika virus by Aedes species mosquitoes has been identified in this country (as of August 2016); it poses an important risk (a large number of cases possible) among US citizens if bitten by an infective mosquito; other less common ways to get Zika are through sex, via blood transfusion, or during pregnancy, in which the pregnant woman passes Zika virus to her fetus

Obesity - adult prevalence rate

19.9% (2016)
country comparison to the world: 107

Children under the age of 5 years underweight

5.1% (2014)
country comparison to the world: 81

Education expenditures

5% of GDP (2015)
country comparison to the world: 62

Literacy

definition: age 15 and over can read and write
total population: 94.4%
male: 95.4%
female: 93.3% (2016)

School life expectancy (primary to tertiary education)

total: 16 years
male: 15 years
female: 16 years (2015)

Unemployment, youth ages 15-24

total: 7.9%
male: 6.4%
female: 10.6% (2018 est.)
country comparison to the world: 145

Government

Country name

conventional long form: Republic of Ecuador
conventional short form: Ecuador
local long form: Republica del Ecuador
local short form: Ecuador
etymology: the country's position on the globe, straddling the Equator, accounts for its Spanish name

Government type

presidential republic

Capital

name: Quito
geographic coordinates: 0 13 S, 78 30 W
time difference: UTC-5 (same time as Washington, DC, during Standard Time)
etymology: named after the Quitus, a Pre-Columbian indigenous people credited with founding the city

note: Ecuador has two time zones, including the Galapagos Islands (UTC-6)

Administrative divisions

24 provinces (provincias, singular - provincia); Azuay, Bolivar, Canar, Carchi, Chimborazo, Cotopaxi, El Oro, Esmeraldas, Galapagos, Guayas, Imbabura, Loja, Los Rios, Manabi, Morona-Santiago, Napo, Orellana, Pastaza, Pichincha, Santa Elena, Santo Domingo de los Tsachilas, Sucumbios, Tungurahua, Zamora-Chinchipe

Independence

24 May 1822 (from Spain)

National holiday

Independence Day (independence of Quito), 10 August (1809)

Constitution

history: many previous; latest approved 20 October 2008
amendments: proposed by the president of the republic through a referendum, by public petition of at least 1% of registered voters, or by agreement of at least one-third membership of the National Assembly; passage requires two separate readings a year apart and approval by at least two-thirds majority vote of the Assembly, and approval by absolute majority in a referendum; amendments such as changes to the structure of the state, constraints on personal rights and guarantees, or constitutional amendment procedures are not allowed; amended 2011, 2015, 2018; note - a 2015 constitutional amendment lifting presidential term limits was overturned by a February 2018 referendum (2018)

Legal system

civil law based on the Chilean civil code with modifications; traditional law in indigenous communities

International law organization participation

has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction

Citizenship

citizenship by birth: yes
citizenship by descent only: yes
dual citizenship recognized: no
residency requirement for naturalization: 3 years

Suffrage

18-65 years of age; universal and compulsory; 16-18, over 65, and other eligible voters, voluntary

Executive branch

chief of state: President Lenin MORENO Garces (since 24 May 2017); Vice President Otto Ramon SONNENHOLZNER Sper (since 11 December 2018); note - Vice President Jorge GLAS Espinel (since 24 May 2013) was jailed for corruption and absent from office for more than 3 months, causing him to be constitutionally stripped of his office; Vice President Maria Alejandra VICUNA Munoz (since 6 January 2018) resigned from office 4 December 2018; president is both chief of state and head of government
head of government: President Lenin MORENO Garces (since 24 May 2017); Vice President Otto Ramon SONNENHOLZNER Sper (since 11 December 2018)
cabinet: Cabinet appointed by the president
elections/appointments: president and vice president directly elected on the same ballot by absolute majority popular vote in 2 rounds if needed for a 4-year term (eligible for a second term); election last held on 19 February 2017 with a runoff on 2 April 2017 (next to be held in 2021)
election results: Lenin MORENO Garces elected president in second round; percent of vote - Lenin MORENO Garces (Alianza PAIS Movement) 51.1%, Guillermo LASSO (CREO) 48.9%

Legislative branch

description: unicameral National Assembly or Asamblea Nacional (137 seats; 116 members directly elected in single-seat constituencies by simple majority vote, 15 members directly elected in a single nationwide constituency by proportional representation vote, and 6 directly elected in multi-seat constituencies for Ecuadorians living abroad by simple majority vote; members serve 4-year terms)
elections: last held on 19 February 2017 (next to be held in 2021)
election results: percent of vote by party - PAIS 39.1%, CREO-SUMA 20.1%, PSC 15.9%, ID 3.8%, MUPP 2.7%, other 10.7; seats by party - PAIS 74, CREO-SUMA 34, PSC 15, ID 4, MUPP 4, PSP 2, Fuerza Ecuador 1, independent 3; composition - men 85, women 52, percent of women 38%; note - defections by members of National Assembly are commonplace, resulting in frequent changes in the numbers of seats held by the various parties

Judicial branch

highest courts: National Court of Justice or Corte Nacional de Justicia (consists of 21 judges, including the chief justice and organized into 5 specialized chambers); Constitutional Court or Corte Constitucional (consists of 9 judges)
judge selection and term of office: justices of National Court of Justice elected by the Judiciary Council, a 9-member independent body of law professionals; judges elected for 9-year, non-renewable terms, with one-third of the membership renewed every 3 years; Constitutional Court judges appointed by the executive, legislative, and Citizen Participation branches of government; judges appointed for 9-year non-renewable terms with one-third of the membership renewed every 3 years
subordinate courts: Fiscal Tribunal; Election Dispute Settlement Courts, provincial courts (one for each province); cantonal courts

Political parties and leaders

Alianza PAIS movement [Lenin Voltaire MORENO Garces]
Avanza Party or AVANZA [Ramiro GONZALEZ]
Citizen Revolution Movement or MRC [Rafael CORREA]
Creating Opportunities Movement or CREO [Guillermo LASSO]
Democratic Left or ID
Forward Ecuador Movement [Alvaro NOBOA]
Fuerza Ecuador [Abdala BUCARAM] (successor to Roldosist Party)
Pachakutik Plurinational Unity Movement or MUPP [Marlon Rene SANTI Gualinga]
Patriotic Society Party or PSP [Gilmar GUTIERREZ Borbua]
Popular Democracy Movement or MPD [Luis VILLACIS]
Social Christian Party or PSC [Pascual DEL CIOPPO]
Socialist Party [Patricio ZABRANO]
Society United for More Action or SUMA [Mauricio RODAS]

International organization participation

CAN, CD, CELAC, FAO, G-11, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, Mercosur (associate), MIGA, MINUSTAH, NAM, OAS, OPANAL, OPCW, OPEC, Pacific Alliance (observer), PCA, SICA (observer), UN, UNAMID, UNASUR, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNISFA, UNMIL, UNMISS, UNOCI, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

Diplomatic representation in the US

Ambassador Francisco Benjamin Esteban CARRION Mena (since 24 January 2018)
chancery: 2535 15th Street NW, Washington, DC 20009
telephone: [1] (202) 234-7200
FAX: [1] (202) 667-3482
consulate(s) general: Atlanta, Chicago, Houston, Los Angeles, Miami, Minneapolis, New Haven (CT), New Orleans, New York, Newark (NJ), Phoenix, San Francisco

Diplomatic representation from the US

chief of mission: Ambassador Michael J. FITZPATRICK (since 18 June 2019)
telephone: [593] (2) 398-5000
embassy: Avenida Avigiras E12-170 y Avenida Eloy Alfaro, Quito
mailing address: Avenida Guayacanes N52-205 y Avenida Avigiras
FAX: [593] (2) 398-5100
consulate(s) general: Guayaquil

Flag description

three horizontal bands of yellow (top, double width), blue, and red with the coat of arms superimposed at the center of the flag; the flag retains the three main colors of the banner of Gran Colombia, the South American republic that broke up in 1830; the yellow color represents sunshine, grain, and mineral wealth, blue the sky, sea, and rivers, and red the blood of patriots spilled in the struggle for freedom and justice
note: similar to the flag of Colombia, which is shorter and does not bear a coat of arms

National symbol(s)

Andean condor; national colors: yellow, blue, red

National anthem

name: "Salve, Oh Patria!" (We Salute You, Our Homeland)
lyrics/music: Juan Leon MERA/Antonio NEUMANE
note: adopted 1948; Juan Leon MERA wrote the lyrics in 1865; only the chorus and second verse are sung

Economy

Economy - overview

Ecuador is substantially dependent on its petroleum resources, which accounted for about a third of the country's export earnings in 2017. Remittances from overseas Ecuadorian are also important.In 1999/2000, Ecuador's economy suffered from a banking crisis that lead to some reforms, including adoption of the US dollar as legal tender. Dollarization stabilized the economy, and positive growth returned in most of the years that followed. China has become Ecuador's largest foreign lender since 2008 and now accounts for 77.7% of the Ecuador’s bilateral debt. Various economic policies under the CORREA administration, such as an announcement in 2017 that Ecuador would terminate 13 bilateral investment treaties - including one with the US, generated economic uncertainty and discouraged private investment.Faced with a 2013 trade deficit of $1.1 billion, Ecuador imposed tariff surcharges from 5% to 45% on an estimated 32% of imports. Ecuador’s economy fell into recession in 2015 and remained in recession in 2016. Declining oil prices and exports forced the CORREA administration to cut government oulays. Foreign investment in Ecuador is low as a result of the unstable regulatory environment and weak rule of law.n April of 2017, Lenin MORENO was elected President of Ecuador by popular vote. His immediate challenge was to reengage the private sector to improve cash flow in the country. Ecuador’s economy returned to positive, but sluggish, growth. In early 2018, the MORENO administration held a public referendum on seven economic and political issues in a move counter to CORREA-administration policies, reduce corruption, strengthen democracy, and revive employment and the economy. The referendum resulted in repeal of taxes associated with recovery from the earthquake of 2016, reduced restrictions on metal mining in the Yasuni Intangible Zone - a protected area, and several political reforms.

GDP (purchasing power parity)

$193 billion (2017 est.)
$188.6 billion (2016 est.)
$190.9 billion (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 66

GDP (official exchange rate)

$104.3 billion (2017 est.)

GDP - real growth rate

2.4% (2017 est.)
-1.2% (2016 est.)
0.1% (2015 est.)
country comparison to the world: 138

GDP - per capita (PPP)

$11,500 (2017 est.)
$11,400 (2016 est.)
$11,700 (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 132

Gross national saving

25.9% of GDP (2017 est.)
26.4% of GDP (2016 est.)
24.7% of GDP (2015 est.)
country comparison to the world: 51

GDP - composition, by end use

household consumption: 60.7% (2017 est.)
government consumption: 14.4% (2017 est.)
investment in fixed capital: 24.3% (2017 est.)
investment in inventories: 1% (2017 est.)
exports of goods and services: 20.8% (2017 est.)
imports of goods and services: -21.3% (2017 est.)

GDP - composition, by sector of origin

agriculture: 6.7% (2017 est.)
industry: 32.9% (2017 est.)
services: 60.4% (2017 est.)

Agriculture - products

bananas, coffee, cocoa, rice, potatoes, cassava (manioc, tapioca), plantains, sugarcane; cattle, sheep, pigs, beef, pork, dairy products; fish, shrimp; balsa wood

Industries

petroleum, food processing, textiles, wood products, chemicals

Industrial production growth rate

-0.6% (2017 est.)
note: excludes oil refining
country comparison to the world: 173

Labor force

8.086 million (2017 est.)
country comparison to the world: 62

Labor force - by occupation

agriculture: 26.1%
industry: 18.4%
services: 55.5% (2017 est.)

Unemployment rate

4.6% (2017 est.)
5.2% (2016 est.)
country comparison to the world: 66

Population below poverty line

21.5% (December 2017 est.)

Household income or consumption by percentage share

lowest 10%: 1.4%
highest 10%: 35.4% (2012 est.)
note: data are for urban households only

Distribution of family income - Gini index

45.9 (December 2017)
48.5 (December 2017)
note: data are for urban households only
country comparison to the world: 36

Budget

revenues: 33.43 billion (2017 est.)
expenditures: 38.08 billion (2017 est.)

Taxes and other revenues

32% (of GDP) (2017 est.)
country comparison to the world: 69

Budget surplus (+) or deficit (-)

-4.5% (of GDP) (2017 est.)
country comparison to the world: 164

Public debt

45.4% of GDP (2017 est.)
43.2% of GDP (2016 est.)
country comparison to the world: 114

Fiscal year

calendar year

Inflation rate (consumer prices)

0.4% (2017 est.)
1.7% (2016 est.)
country comparison to the world: 23

Central bank discount rate

8.17% (31 December 2011)
8.68% (31 December 2010)
country comparison to the world: 39

Commercial bank prime lending rate

7.92% (31 December 2017 est.)
8.69% (31 December 2016 est.)
country comparison to the world: 111

Stock of narrow money

$9.578 billion (31 December 2017 est.)
$9.281 billion (31 December 2016 est.)
country comparison to the world: 83

Stock of broad money

$9.578 billion (31 December 2017 est.)
$9.281 billion (31 December 2016 est.)
country comparison to the world: 85

Stock of domestic credit

$39.3 billion (31 December 2017 est.)
$35.56 billion (31 December 2016 est.)
country comparison to the world: 71

Market value of publicly traded shares

$6.838 billion (31 December 2017 est.)
$6.065 billion (31 December 2016 est.)
$6.615 billion (31 December 2015 est.)
country comparison to the world: 79

Current account balance

-$349 million (2017 est.)
$1.442 billion (2016 est.)
country comparison to the world: 109

Exports

$19.62 billion (2017 est.)
$16.8 billion (2016 est.)
country comparison to the world: 71

Exports - partners

US 31.5%, Vietnam 7.6%, Peru 6.7%, Chile 6.5%, Panama 4.9%, Russia 4.4%, China 4% (2017)

Exports - commodities

petroleum, bananas, cut flowers, shrimp, cacao, coffee, wood, fish

Imports

$19.31 billion (2017 est.)
$15.86 billion (2016 est.)
country comparison to the world: 79

Imports - commodities

industrial materials, fuels and lubricants, nondurable consumer goods

Imports - partners

US 22.8%, China 15.4%, Colombia 8.7%, Panama 6.4%, Brazil 4.4%, Peru 4.2% (2017)

Reserves of foreign exchange and gold

$2.395 billion (31 December 2017 est.)
$4.259 billion (31 December 2016 est.)
country comparison to the world: 116

Debt - external

$39.29 billion (31 December 2017 est.)
$38.14 billion (31 December 2016 est.)
country comparison to the world: 77

Stock of direct foreign investment - at home

$17.25 billion (31 December 2017 est.)
$16.63 billion (31 December 2016 est.)
country comparison to the world: 85

Stock of direct foreign investment - abroad

$6.33 billion (31 December 2012 est.)
country comparison to the world: 71

Exchange rates

the US dollar became Ecuador's currency in 2001

Energy

Electricity access

population without electricity: 500,000 (2016)
electrification - total population: 99.9% (2016)
electrification - urban areas: 100% (2016)
electrification - rural areas: 99.8% (2016)

Electricity - production

26.5 billion kWh (2016 est.)
country comparison to the world: 71

Electricity - consumption

22.68 billion kWh (2016 est.)
country comparison to the world: 70

Electricity - exports

211 million kWh (2015 est.)
country comparison to the world: 75

Electricity - imports

82 million kWh (2016 est.)
country comparison to the world: 102

Electricity - installed generating capacity

8.192 million kW (2016 est.)
country comparison to the world: 69

Electricity - from fossil fuels

43% of total installed capacity (2016 est.)
country comparison to the world: 163

Electricity - from nuclear fuels

0% of total installed capacity (2017 est.)
country comparison to the world: 81

Electricity - from hydroelectric plants

54% of total installed capacity (2017 est.)
country comparison to the world: 32

Electricity - from other renewable sources

2% of total installed capacity (2017 est.)
country comparison to the world: 138

Crude oil - production

517,000 bbl/day (2018 est.)
country comparison to the world: 28

Crude oil - exports

383,500 bbl/day (2017 est.)
country comparison to the world: 22

Crude oil - imports

0 bbl/day (2015 est.)
country comparison to the world: 119

Crude oil - proved reserves

8.273 billion bbl (1 January 2018 est.)
country comparison to the world: 17

Refined petroleum products - production

137,400 bbl/day (2015 est.)
country comparison to the world: 62

Refined petroleum products - consumption

265,000 bbl/day (2016 est.)
country comparison to the world: 48

Refined petroleum products - exports

25,870 bbl/day (2015 est.)
country comparison to the world: 66

Refined petroleum products - imports

153,900 bbl/day (2015 est.)
country comparison to the world: 40

Natural gas - production

477.8 million cu m (2017 est.)
country comparison to the world: 73

Natural gas - consumption

453.1 million cu m (2017 est.)
country comparison to the world: 100

Natural gas - exports

0 cu m (2017 est.)
country comparison to the world: 97

Natural gas - imports

0 cu m (2017 est.)
country comparison to the world: 118

Natural gas - proved reserves

10.9 billion cu m (1 January 2018 est.)
country comparison to the world: 78

Carbon dioxide emissions from consumption of energy

37.54 million Mt (2017 est.)
country comparison to the world: 69

Communications

Telephones - fixed lines

total subscriptions: 2,415,204
subscriptions per 100 inhabitants: 15 (2017 est.)
country comparison to the world: 55

Telephones - mobile cellular

total subscriptions: 13,881,562
subscriptions per 100 inhabitants: 85 (2017 est.)
country comparison to the world: 69

Telephone system

general assessment: fixed-line service and sophisticated 4G LTE ultra-broadband network; much of the country's fixed-line structure is influenced by topographical challenges associated with the Andes Mountains; Ecuador has a small telecom market with a dominant mobile sector;  the state-owned incumbent CNT dominates the fixed-line market, and therefore  the DSL broadband market as well (2018)
domestic: fixed-line services with digital networks provided by multiple telecommunications operators; fixed-line teledensity stands at about 15 per 100 persons; mobile-cellular use has surged and subscribership has reached 85 per 100 persons (2018)
international: country code - 593; landing points for the PAN-AM, PCCS, America Movil-Telxius West Coast Cable and SAm-1 submarine cables that provide links to South and Central America, and extending onward to the Caribbean and the US; satellite earth station - 1 Intelsat (Atlantic Ocean) (2019)

Broadcast media

about 60 media outlets are recognized as national; the Ecuadorian Government controls 12 national outlets and multiple radio stations; there are multiple TV networks and many local channels, as well as more than 300 radio stations; many TV and radio stations are privately owned; broadcast media is required by law to give the government free airtime to broadcast programs produced by the state; the Ecuadorian Government is the biggest advertiser and grants advertising contracts to outlets that provide favorable coverage; an antimonopoly law and communication law limit ownership and investment in the media by non-media businesses (2019)

Internet country code

.ec

Internet users

total: 8,693,739
percent of population: 54.1% (July 2016 est.)
country comparison to the world: 51

Broadband - fixed subscriptions

total: 1,683,783
subscriptions per 100 inhabitants: 10 (2017 est.)
country comparison to the world: 58

Military and Security

Military expenditures

2.38% of GDP (2018)
2.36% of GDP (2017)
2.21% of GDP (2016)
2.44% of GDP (2015)
2.72% of GDP (2014)
country comparison to the world: 36

Military and security forces

Ecuadorian Armed Forces: Ecuadorian Land Force (Fuerza Terrestre Ecuatoriana, FTE), Ecuadorian Navy (Fuerza Naval del Ecuador, FNE, includes naval infantry, naval aviation, coast guard), Ecuadorian Air Force (Fuerza Aerea Ecuatoriana, FAE) (2019)

Military service age and obligation

18 years of age for selective conscript military service; conscription has been suspended; 18 years of age for voluntary military service; Air Force 18-22 years of age, Ecuadorian birth requirement; 1-year service obligation (2012)

Maritime threats

the International Maritime Bureau continues to report the territorial and offshore waters as at risk for piracy and armed robbery against ships; vessels, including commercial shipping and pleasure craft, have been attacked and hijacked both at anchor and while underway; crews have been robbed and stores or cargoes stolen; after several years with no incidents, there has been an increase over the last two years with four attacks reported in 2018

Transportation

National air transport system

number of registered air carriers: 7 (2015)
inventory of registered aircraft operated by air carriers: 35 (2015)
annual passenger traffic on registered air carriers: 5,762,485 (2015)
annual freight traffic on registered air carriers: 86,128,720mt-km (2015)

Civil aircraft registration country code prefix

HC (2016)

Airports

432 (2013)
country comparison to the world: 20

Airports - with paved runways

total: 104 (2017)
over 3,047 m: 4 (2017)
2,438 to 3,047 m: 5 (2017)
1,524 to 2,437 m: 18 (2017)
914 to 1,523 m: 26 (2017)
under 914 m: 51 (2017)

Airports - with unpaved runways

total: 328 (2013)
914 to 1,523 m: 37 (2013)
under 914 m: 291 (2013)

Heliports

2 (2013)

Pipelines

485 km extra heavy crude, 123 km gas, 2131 km oil, 1526 km refined products (2017)

Railways

total: 965 km (2017)
narrow gauge: 965 km1.067-m gauge (2017)
note: passenger service limited to certain sections of track, mostly for tourist trains
country comparison to the world: 91

Roadways

total: 43,216 km (2015)
paved: 8,161 km (2015)
unpaved: 35,055 km (2015)
country comparison to the world: 86

Waterways

1,500 km(most inaccessible) (2012)
country comparison to the world: 52

Merchant marine

total: 137
by type: container ship 1, general cargo 6, oil tanker 34, other 96 (2018)
country comparison to the world: 74

Ports and terminals

major seaport(s): Esmeraldas, Manta, Puerto Bolivar
container port(s) (TEUs): Guayaquil (1,871,591) (2017)
river port(s): Guayaquil (Guayas)

Transnational Issues

Disputes - international

organized illegal narcotics operations in Colombia penetrate across Ecuador's shared border

Refugees and internally displaced persons

refugees (country of origin): 50,532 (Colombia) (2018), 120,587 (Venezuela) (economic and political crisis; includes Venezuelans who have claimed asylum or have received alternative legal stay) (2019)

Illicit drugs

significant transit country for cocaine originating in Colombia and Peru, with much of the US-bound cocaine passing through Ecuadorian Pacific waters; importer of precursor chemicals used in production of illicit narcotics; attractive location for cash-placement by drug traffickers laundering money because of dollarization and weak anti-money-laundering regime; increased activity on the northern frontier by trafficking groups and Colombian insurgents

Flag of Ecuador

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