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Ecuador
Last update: 2025-08-04
Geographical location
Economy and finance
Currency
Ecuadorian Sucre (ECS)
Average monthly income (USD, gross)
$508.12 (2018)
Inflation rate
2.22% (2023)
Unemployment rate
3.37% (2023)
Below the poverty line
25.2% (2022)
Gini coefficient
44.6 (2023)
Tobacco consumption
Total tobacco consumption
11.3%
Smoking men
18.4%
Smoking women
4.2%
Current as of
2020
Area (sq. km)
Total area
2283561
Land area
276841
Water area
6720
Popular payment systems
- Mastercard
- PayPal
- Visa
Age-sex pyramid
Phone operating systems
Android
77.82%
iOS
21.95%
Current as of
2025
Internet and telecommunications
Telephone code
+593
Internet domain
.ec
Number of mobile phones (per 100 inhabitants)
97 (2022)
Internet user penetration
76% (2021)
Fixed internet penetration
13% (2020)
General information
Сontinent
South America
Region
Latin America
Time zone
UTC−5
Tier
Tier-2
ISO code
EC
Capital
Quito
Official language
Spanish
Average consumer spendings
Food products
26.4%
Alcohol and tobacco
0.8%
Current as of
2022
Alcohol consumption per capita (liters per year)
Total quantity
3.05
Beer
2.32
Wine
0.09
Spirits
0.61
Other alcohol
0.03
Current as of
2019
Population and society
Population size
18309984
Male population
9023170
Female population
9286814
Population growth rate
0.94%
Birth rate (per 1,000 people)
17.7
Death rate (per 1,000 people)
7.2
Urbanization
64.8%
Current as of
2024
Credit ratings
Fitch
B-
Moody's
Caa3
Standard & Poors
B
Current as of
2020
Age structure
0-14 years
26.8%
15-64 years
64.1%
65+ years
9.1%
Current as of
2024
Religion
Main religion
Catholicism
Non-religious
8.2%
Not specified
1%
Current as of
2023
Last update: 2025-08-04