Key Questions
Part of Ecuador’s economic profile, economic structure section gives readers useful views to understand what matters for Ecuador’s economy.
KEY QUESTIONS ADDRESSED
- What is the size of Ecuador’s economy in relation to the world’s major economies?
- What is the size of Ecuador’s population?
- What is the demographic structure of Ecuador? Is it favorable for economic growth?
- How has the structure of GDP changed over the years?
- How much does Ecuador’s economy rely on external trade?
- Economic Freedom Index: How free is Ecuador’s economy?
Part of Ecuador’s economic profile, this section explores Ecuador’s competitiveness at the global level. It also covers Ecuador’s attractiveness to foreign direct investment.
KEY QUESTIONS ADDRESSED
- How competitive is Ecuador?
- How are Ecuador’s competitive factors compared to those of other countries?
- How is the average wage in Ecuador compared to others in the region?
- How has labor productivity in Ecuador changed over the years and in relation to comparable countries?
- Is it easy to do business in Ecuador?
- How good is Ecuador in attracting Foreign Direct Investment?
Part of the country’s economic profile, this section explores Ecuador’s average income and its distribution, poverty as well as other development indicators.
KEY QUESTIONS ADDRESSED
- What is the level of income for an average person in Ecuador?
- What is the poverty rate in Ecuador and how does it compare to others?
- How has an unemployment rate in Ecuador changed over the recent years?
- How is income distributed in Ecuador and how does it compare to others?
- What is the current level of human development in Ecuador?
- How has the quality of life in Ecuador changed over the years?
Part of Ecuador’s economic outlook, this section explores Ecuador’s recent economic growth, its key drivers and well as the growth outlook for the coming years.
KEY QUESTIONS ADDRESSED
- What has been the growth rate of Ecuador’s economy over the past 10 years and how does it compare with others?
- What were the key growth drivers for Ecuador’s economy in the last year?
- What is the growth outlook for Ecuador’s economy over the next 3 years and how does it compare with others?
Part of Ecuador’s economic outlook, this section explores Ecuador’s macro-economic risks, including inflation, financial sector, budget deficit, balance of payment and exchange rate.
KEY QUESTIONS ADDRESSED
- What is the risk of inflation in Ecuador over the next 12 months?
- What is the health of Ecuador’s banking sector?
- What has been the trend in Ecuador’s fiscal budget deficit and the subsequent fiscal risk over the next 5 years?
- Breaking down Ecuador’s Balance of Payment: Where are the key risks?
- How good is Ecuador in getting foreign exchange by the mean of commerce?
- Does Ecuador have enough international reserves to service its debt and for import?
- What is the FX risk?
From IMF’s World Economic Outlook Report.
- GDP growth
- Inflation
- Population
- Unemployment rate
- Government budget and debt
- Current account
Detailed rankings and scores for Ecuador and comparable economies.
- Starting a business
- Dealing with construction permits
- Getting electricity
- Registering property
- Getting credit
- Protecting Minority Investors
- Paying taxes
- Trading across borders
- Enforcing contracts
- Resolving Insolvency