Ecuador

Official Name:

Republic of Ecuador (Ecuador)

Area:

283.560 km ²

Population (2007):

13.755.680 inhabitants

Coastline:

2.237 km

Capital:

Quito

Maritime Ports and terminals:

Esmeraldas, Guayaquil, la Libertad, Manta, Puerto Bolívar, San Lorenzo

Maritime claims:

• Territorial sea: 12 nm
• Continental shelf: 100 nm from 2,500 meter isobath

Political divisions:

22 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, Sucumbios, Tungurahua, Zamora-Chinchipe

Language(s):

Spanish (official), Amerindian languages (especially Quechua)

National holiday:

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

Nationality:

Ecuadorian(s)

Official time:

UTC-5.

Member of:

CAN, CSN, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITU, ITUC, LAES, LAIA, Mercosur (associate), MIGA, MINUSTAH, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMIS, UNOCI, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO

Internet country code:

.ec

Economic Profile

Currency:

US dollar (USD)

GDP - per capita (PPP):

USD4.500 (2006 est.)

GDP (official exchange rate):

(2006 est.) USD 32.730.000.000

PIB (Real growth rate:

4,1% (2006 est.)

GDP (Composition by sector): (2006 est.)

• Agriculture: 6,3%
• Industry: 33,5%
• Services: 60,2%

Labor force:

4.570.000 (urban) (2006 est.)

Labor force - by occupation (2001):

• Agriculture 8%
• Industry: 24%
• Services 68%

Unemployment rate:

10,6% (2006 est.)

Inflation rate (Consumer prices):

3,4%(2006 est)

Investment (Gross Fixed):

22,6% del PIB (2006 est.)

Budget:

• Revenues: USD11.500.000.000
• Expenditures: USD10.460.000.000

Public debt:

36% of GDP (2006 est.)

Current account balance:

USD 727.000.000 (2006 est.)

Exports:

USD 12.560.000.000 FOB (2006 est.)

Exports - Commodities:

Petroleum, bananas, cut flowers, shrimp

Exports - Partners:

US 50,6%, Peru 7,9%, Germany 4,3%, Colombia 4,3% (2005)

Imports:

USD 10.810.000.000 FOB (2006 est.)

Imports - Commodities:

Vehicles, medicinal products, telecommunications equipment, electricity

Imports - partners:

US 22,1%, Colombia 14,8%, Venezuela 7,7%, Brazil 7,2%, China 5,2% (2005)

Reserves of foreign exchange and gold:

USD 2.514.000.000 (2006 est.)

Debt - external:

USD18.100.000.000 (2006)