Americas · South America

Ecuador

Republic of Ecuador · World’s #64 economy

Nominal GDP 2025
$130 billion
Population 2025
18.3 million
GDP per capita
$7,125
GDP growth 2025
3.7%
Flag of Ecuador

Overview

Official name
Republic of Ecuador
Capital
Quito
Region
Americas · South America
Area
276,841 km²
Coordinates
-2.00, -77.50
Languages
Spanish
Currency
United States dollar (USD $)
Calling code · domain
+593 · .ec
ISO codes
EC / ECU
Borders
Colombia Peru

Map

Bolivia · $64.8 billion Brazil · $2.28 trillion Colombia · $457 billion Costa Rica · $103 billion Ecuador · $130 billion Panama · $90.5 billion Peru · $335 billion Venezuela · $99.7 billion
Click a neighbouring country to open its profile. Illustrative map; not a statement on borders.

Demographics

Population18.3 million2025
Population growth0.85%2025
Urban population63.4%2025
Population density72.4 people/km²2023
Life expectancy77.6 years2024
Adult literacy93.5%2024

Age structure (2025)

0–14: 23.9%15–64: 67.5%65+: 8.6%

Macroeconomy

Nominal GDP$130 billion2025
Real GDP growth3.7%2025
GDP per capita$7,1252025
GDP per capita (PPP)$15,8402024
GNI (PPP)$298 billion2025
Inflation (CPI)0.7%2025
Unemployment3.3%2025
Industry, % of GDP25.7%2025
Exports, % of GDP31.4%2025
Imports, % of GDP27.9%2025
Merchandise exports$37.2 billion2025
Merchandise imports$32.6 billion2025
FDI net inflows$446 million2024

Ecuador ranks #64 in the world by nominal GDP (2025). Full ranking →

Business environment & logistics (micro)

Logistics Performance Index2.88 / 52018
Import clearance time3.0 days2016
Total tax rate (% of profit)32.5%2017
Land area248,360 km²2023

The Logistics Performance Index (LPI) and import clearance time are published by the World Bank per survey round; total tax rate comes from the discontinued Doing Business data (2020).

Provinces, states & regions (24)

Province: 24

  • Azuay EC-A
  • Bolívar EC-B
  • Carchi EC-C
  • Cañar EC-F
  • Chimborazo EC-H
  • Cotopaxi EC-X
  • El Oro EC-O
  • Esmeraldas EC-E
  • Galápagos EC-W
  • Guayas EC-G
  • Imbabura EC-I
  • Loja EC-L
  • Los Ríos EC-R
  • Manabí EC-M
  • Morona Santiago EC-S
  • Napo EC-N
  • Orellana EC-D
  • Pastaza EC-Y
  • Pichincha EC-P
  • Santa Elena EC-SE
  • Santo Domingo de los Tsáchilas EC-SD
  • Sucumbíos EC-U
  • Tungurahua EC-T
  • Zamora Chinchipe EC-Z

Source: ISO 3166-2 (Debian iso-codes)

Seaports & logistics

PortHarbour sizeHarbour typeCargo pier depthTEU
Puerto Maritimo De Guayaquil ECPEVMediumriver (natural)9.4 m—
Guayaquil ECGYESmallriver (natural)9.4 m—
Esmeraldas ECESMVery smallriver (natural)11.0 m—
Manta ECMECVery smallcoastal (breakwater)11.0 m—
Puerto Bolivar ECPBOVery smallriver (natural)9.4 m—
La Libertad ECLLDVery smallopen roadstead4.9 m—

6 ports of this country in the World Port Index, ranked by scale (container throughput, harbour size, depth).

International shipping →

FTAs & trade blocs

Vietnam has no FTA with Ecuador: MFN rates apply (if a WTO member).

Bloc membership

Membership compiled as of October 2026 (full members); check each bloc’s official site for legal precision.

Trade agreements in force (11)

Ecuador is party to 11 regional/bilateral trade agreements in force (per the WTO). Agreements with a “Preferential rates” button are FTAs that Vietnam is also party to.

AgreementType / coverageIn forcePartners
China - Ecuador FTA
Goods
1 May 2024 China China
United Kingdom - Colombia, Ecuador and Peru FTA & EIA
Goods & Services
1 Jan 2021 ColombiaPeruUnited Kingdom Colombia, Peru, United Kingdom
EFTA - Ecuador FTA & EIA
Goods & Services
1 Nov 2020 IcelandLiechtensteinNorwaySwitzerland
El Salvador - Ecuador PSA
Goods
16 Nov 2017 El Salvador El Salvador
EU - Colombia and Peru - Accession of Ecuador FTA & EIA
Goods & Services
1 Jan 2017 ColombiaPeruAustriaBelgiumBulgariaCroatiaCyprusCzechiaDenmarkEstonia +19
EU - Colombia, Ecuador and Peru FTA & EIA
Goods & Services
1 Mar 2013 ColombiaPeruAustriaBelgiumBulgariaCroatiaCyprusCzechiaDenmarkEstonia +19
LAIA - Accession of Cuba PSA
Goods
26 Aug 1999 ArgentinaBoliviaBrazilChileColombiaCubaMexicoParaguayPeruUruguay +1
Global System of Trade Preferences among Developing Countries (GSTP) PSA
Goods
19 Apr 1989 AlgeriaArgentinaBangladeshBoliviaBrazilMyanmarCameroonSri LankaChileColombia +31
Andean Community (CAN) CU
Goods
25 May 1988 BoliviaColombiaPeruVenezuela
Ecuador - Mexico PSA
Goods
1 May 1983 Mexico Mexico
Latin American Integration Association (LAIA) PSA
Goods
18 Mar 1981 ArgentinaBoliviaBrazilChileColombiaCubaMexicoParaguayPeruUruguay +1

Source: WTO Regional Trade Agreements Database (retrieved 14 Oct 2026) plus additional agreements maintained by the administrator. Lists agreements notified to the WTO and in force.

Import regulations

Look up the importing country's duties, technical rules and procedures on the Global Trade Helpdesk (ITC/UNCTAD/WTO), Market Access Map (ITC) and WTO Tariff & Trade Data. Check Vietnam's FTAs with the importing country for preferential rates with valid proof of origin.

Global Trade Helpdesk ↗Market Access Map ↗WTO Tariff & Trade Data ↗

Sourcing from Vietnam

Buyers in Ecuador can find Vietnamese suppliers by industry, in the factory directory and at international exhibitions in Vietnam:

Steel & steel structure manufacturing →International exhibitions in VietnamContact

Data: World Bank WDI (CC BY 4.0); mledoze/world-countries (ODbL); i18n-iso-countries (MIT); ISO 3166-2 – Debian iso-codes (LGPL); NGA World Port Index 2019; map @svg-maps/world (CC BY 4.0); flags flag-icons (MIT). For reference only.