Ecuador

Ecuador : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$23.23 billion (2011 est.)
$19.64 billion (2010 est.)

Exports

$22.29 billion (2011)
$18.06 billion (2010 est.)

Inflation rate (consumer prices)

4.5% (2011 est.)
3.6% (2010 est.)

Unemployment rate

4.2% (2011 est.)
5% (2010 est.)

GDP - per capita (PPP)

$8,600 (2011 est.)
$8,100 (2010 est.)
$7,900 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

3.7% (2010 est.)
-0.4% (2009 est.)
7.2% (2008 est.)

Internet users

3.352 million (2009)

Telephones - mobile cellular

14.781 million (2009)

Population growth rate

1.419% (2012 est.)

Population

15,223,680 (July 2012 est.)

Historical 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.

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Ecuador

Economic overview

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.

3%.

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The Economist Intelligence Unit

Country Forecast Ecuador November 2014 Updater

Country Forecast Ecuador November 2014 Updater

  • $ 635
  • Country report
  • November 2014
  • by 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 ...

  • Countries : Ecuador

PRS Group

Country Forecasts (Subscription, two issues per year, April & October)

Country Forecasts (Subscription, two issues per year, April & October)

  • $ 882
  • Country report
  • October 2014
  • by PRS Group

Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...

  • Countries : World, South America, Asia, Europe, North America, Africa, Dominican Republic, Czech Republic, South Korea, Philippines, Guinea, Congo, Democratic Republic Of, Papua New Guinea, New Zealand, Australia, Venezuela, Argentina, United States, Nicaragua, Guatemala, El Salvador, Dominica, Costa Rica, United Kingdom, Switzerland, Netherlands, United Arab Emirates, Sri Lanka, Singapore, Saudi Arabia, Kazakhstan, Indonesia, Bangladesh, Azerbaijan, South Africa, Uruguay, Suriname, Paraguay, Guyana, Ecuador, Chile, Colombia, Bolivia, Brazil, Panama, Mexico, Jamaica, Honduras, Haiti, Canada, Ukraine, Sweden, Spain, Slovakia (slovak Republic), Russian Federation, Romania, Portugal, Poland, Norway, Italy, Ireland, Hungary, Greece, France, Germany, Finland, Denmark, Bulgaria, Belgium, Austria, Vietnam, Thailand, Taiwan, Syrian Arab Republic, Pakistan, Myanmar, Malaysia, Kuwait, Japan, Israel, India, China, Zimbabwe, Zambia, Tunisia, Sudan, Nigeria, Morocco, Libyan Arab Jamahiriya, Kenya, Ivory Coast (cote D'ivoire), Gabon, Ghana, Egypt, Cameroon, Botswana, Angola, Algeria, Oceania, Peru, Cuba, Oman, Iraq, Iran

Oxford Economics

By Country Industry Forecasts > Ecuador

By Country Industry Forecasts > Ecuador

  • $ 250
  • Country report
  • March 2014
  • by Oxford Economics

Ecuador: Key Features: Broad Country and Industry Coverage. The service covers 68 countries across Europe, Asia, the Americas, the Middle East and Africa, where 85% of world business is conducted. Up ...

  • Countries : Ecuador

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