Imports$23.23 billion (2011 est.)
Exports$22.29 billion (2011)
Inflation rate (consumer prices)4.5% (2011 est.)
Unemployment rate4.2% (2011 est.)
GDP - per capita (PPP)$8,600 (2011 est.)
National product real growth rate3.7% (2010 est.)
Internet users3.352 million (2009)
Telephones - mobile cellular14.781 million (2009)
Population growth rate1.419% (2012 est.)
Population15,223,680 (July 2012 est.)
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....
Ecuador is substantially dependent on its petroleum resources, which have accounted for more than half of the country's export earnings and approximately one-third of public sector revenues in recent years.
In 1999/2000, Ecuador suffered a severe economic crisis, with GDP contracting by 5.
The Economist Intelligence Unit
Political stability has improved significantly under the current president, Rafael Correa. The frequent changes of government that were a feature of the decade before he assumed office in 2007 have been ...
This report contains detailed forecasts and analysis for Ecuador, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...
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