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Ecuador

Ecuador ยท ECU ยท South America

25

Risk Score

Guardedโ†’ Stable

Risk Factors

No recent events in pipeline

Overview

An Andean nation, Ecuador's economy is heavily dependent on oil exports, making it vulnerable to global price fluctuations. The country faces ongoing challenges with political instability, security concerns, and the need for economic diversification and fiscal reforms.

Leadership

Daniel Noboa

President

GOVERNMENT: Presidential Republic

Economy

GDP

$135.0B

GDP per Capita

$7.5K

GDP Growth

+2.8%

Inflation

2.5%

Unemployment

4.0%

Petroleumbananasshrimpflowersminingmanufacturing

Trade

Key Exports

Petroleumbananasshrimpcut flowerscacaocoffee

Key Imports

Machinery and equipmentchemicalsconsumer goodsfuelsvehicles

Top Partners

United StatesChinaPanamaColombiaPeru