ARCHIVE // EC // 2008
Ecuador
2008 Edition — sovereign
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Communications
Internet country code
[time series]
.ec
Internet users
(Internet hosts)
[time series]
45,404 (2008)
Internet users
[time series]
1.549 million (2006)
Broadcast media
(Radio broadcast stations)
[time series]
AM 392, FM 35, shortwave 29 (2001)
Telecommunication systems
(Telephone system)
[time series]
general assessment: generally elementary but being expanded domestic: fixed-line services provided by three state-owned enterprises; plans to transfer the state-owned operators to private ownership have repeatedly failed; fixed-line density stands at about 13 per 100 persons; mobile cellular use has surged and has a subscribership of nearly 75 per 100 persons international: country code - 593; landing point for the PAN-AM submarine telecommunications cable that provides links to the west coast of South America, Panama, Colombia, Venezuela, and extending onward to Aruba and the US Virgin Islands in the Caribbean; satellite earth station - 1 Intelsat (Atlantic Ocean) (2007)
Telephones - fixed lines
(Telephones - main lines in use)
[time series]
1.805 million (2007)
Telephones - mobile cellular
[time series]
10.086 million (2007)
Broadcast media
(Television broadcast stations)
[time series]
7 (plus 14 repeaters) (2000)
Economy
Agricultural products
(Agriculture - products)
[time series]
bananas, coffee, cocoa, rice, potatoes, manioc (tapioca), plantains, sugarcane; cattle, sheep, pigs, beef, pork, dairy products; balsa wood; fish, shrimp
Budget
[time series]
revenues: $13.46 billion expenditures: planned $11.96 billion (2007 est.)
Central bank discount rate
[time series]
10.72% (31 December 2007)
Commercial bank prime lending rate
[time series]
12.08% (31 December 2007)
Exchange rates
(Currency (code))
[time series]
US dollar (USD)
Current account balance
[time series]
$1.064 billion (2007 est.)
Debt - external
[time series]
$17.12 billion (31 December 2007)
Gini Index coefficient - distribution of family income
(Distribution of family income - Gini index)
[time series]
46 note: data are for urban households (2006)
Economic overview
(Economy - overview)
[time series]
Ecuador is substantially dependent on its petroleum resources, which have accounted for more than half of the country's export earnings and one-fourth of public sector revenues in recent years. In 1999/2000, Ecuador suffered a severe economic crisis, with GDP contracted by more than 6%, with a significant increase in poverty. The banking system also collapsed, and Ecuador defaulted on its external debt later that year. In March 2000, Congress approved a series of structural reforms that also provided for the adoption of the US dollar as legal tender. Dollarization stabilized the economy, and positive growth returned in the years that followed, helped by high oil prices, remittances, and increased non-traditional exports. From 2002-06 the economy grew 5.5%, the highest five-year average in 25 years. The poverty rate declined but remained high at 38% in 2006. In 2006 the government of Alfredo PALACIO (2005-07) seized the assets of Occidental Petroleum for alleged contract violations and imposed a windfall revenue tax on foreign oil companies, leading to the suspension of free trade negotiations with the US. These measures, combined with chronic underinvestment in the state oil company, Petroecuador, led to a drop in petroleum production in 2007. PALACIO's successor, Rafael CORREA, raised the specter of debt default - but Ecuador has paid its debt on time. He also decreed a higher windfall revenue tax on private oil companies, then sought to renegotiate their contracts to overcome the debilitating effect of the tax. This generated economic uncertainty; private investment has dropped and economic growth has slowed significantly.
Electricity - consumption
[time series]
12.9 billion kWh (2006 est.)
Electricity - exports
[time series]
38.53 million kWh (2006 est.)
Electricity - imports
[time series]
861 million kWh (2006 est.)
Electricity - production
[time series]
14.84 billion kWh (2006 est.)
Exchange rates
[time series]
the US dollar is used; the sucre was eliminated in 2000
Exports
[time series]
$14.37 billion (2007 est.)
Exports - commodities
[time series]
petroleum, bananas, cut flowers, shrimp, cacao, coffee, hemp, wood, fish
Exports - partners
[time series]
US 41.9%, Peru 8.5%, Chile 4.9%, Russia 4.8%, Colombia 4.7% (2007)
GDP (official exchange rate)
[time series]
$44.18 billion (2007 est.)
Real GDP (purchasing power parity)
(GDP (purchasing power parity))
[time series]
$98.71 billion (2007 est.)
GDP - composition, by sector of origin
(GDP - composition by sector)
[time series]
agriculture: 6.7% industry: 35.1% services: 58.2% (2007 est.)
Real GDP per capita
(GDP - per capita (PPP))
[time series]
$7,200 (2007 est.)
Real GDP growth rate
(GDP - real growth rate)
[time series]
2% (2007 est.)
Household income or consumption by percentage share
[time series]
lowest 10%: 2% highest 10%: 35% note: data for urban households only (October 2006)
Imports
[time series]
$12.76 billion (2007 est.)
Imports - commodities
[time series]
industrial materials, fuels and lubricants, nondurable consumer goods
Imports - partners
[time series]
US 23.7%, Colombia 10.3%, China 7.6%, Brazil 5.3%, Japan 4.3% (2007)
Industrial production growth rate
[time series]
1.4% (2007 est.)
Industries
[time series]
petroleum, food processing, textiles, wood products, chemicals
Inflation rate (consumer prices)
[time series]
2.3% (2007 est.)
Investment (gross fixed)
[time series]
21.9% of GDP (2007 est.)
Labor force
[time series]
4.51 million (urban) (2007 est.)
Labor force - by occupation
[time series]
agriculture: 8% industry: 24% services: 68% (2001)
Market value of publicly traded shares
[time series]
$4.04 billion (2006)
Natural gas - consumption
[time series]
280 million cu m (2006 est.)
Natural gas - exports
[time series]
0 cu m (2007 est.)
Natural gas - imports
[time series]
0 cu m (2007 est.)
Natural gas - production
[time series]
280 million cu m (2006 est.)
Natural gas - proved reserves
[time series]
9.369 billion cu m (1 January 2006 est.)
Oil - consumption
[time series]
160,500 bbl/day (2006 est.)
Oil - exports
[time series]
421,700 bbl/day (2005 est.)
Oil - imports
[time series]
47,060 bbl/day (2005)
Oil - production
[time series]
511,600 bbl/day (2007 est.)
Oil - proved reserves
[time series]
4.517 billion bbl (1 January 2008 est.)
Public debt
[time series]
33.1% of GDP (2007 est.)
Reserves of foreign exchange and gold
[time series]
$3.521 billion (30 November 2007 est.)
Stock of direct foreign investment - abroad
[time series]
$1.456 billion (2007 est.)
Stock of direct foreign investment - at home
[time series]
$16.31 billion (2007 est.)
Stock of domestic credit
[time series]
$8.926 billion (31 December 2007)
Stock of narrow money
(Stock of money)
[time series]
$4.395 billion (31 December 2007)
Stock of narrow money
(Stock of quasi money)
[time series]
$7.974 billion (31 December 2007)
Unemployment rate
[time series]
8.8% (2007 est.)
Geography
Area
[time series]
total: 283,560 sq km land: 276,840 sq km water: 6,720 sq km note: includes Galapagos Islands
Area - comparative
[time series]
slightly smaller than Nevada
Climate
[time series]
tropical along coast, becoming cooler inland at higher elevations; tropical in Amazonian jungle lowlands
Coastline
[time series]
2,237 km
Elevation
(Elevation extremes)
[time series]
lowest point: Pacific Ocean 0 m highest point: Chimborazo 6,267 m
Environment - current issues
[time series]
deforestation; soil erosion; desertification; water pollution; pollution from oil production wastes in ecologically sensitive areas of the Amazon Basin and Galapagos Islands
International environmental agreements
(Environment - international agreements)
[time series]
party to: Antarctic-Environmental Protocol, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands signed, but not ratified: none of the selected agreements
Total water withdrawal
(Freshwater withdrawal (domestic/industrial/agricultural))
[time series]
total: 16.98 cu km/yr (12%/5%/82%) per capita: 1,283 cu m/yr (2000)
Geographic coordinates
[time series]
2 00 S, 77 30 W
Geography - note
[time series]
Cotopaxi in Andes is highest active volcano in world
Irrigated land
[time series]
8,650 sq km (2003)
Land boundaries
[time series]
total: 2,010 km border countries: Colombia 590 km, Peru 1,420 km
Land use
[time series]
arable land: 5.71% permanent crops: 4.81% other: 89.48% (2005)
Location
[time series]
Western South America, bordering the Pacific Ocean at the Equator, between Colombia and Peru
Map references
[time series]
South America
Maritime claims
[time series]
territorial sea: 200 nm continental shelf: 100 nm from 2,500-m isobath
Natural hazards
[time series]
frequent earthquakes, landslides, volcanic activity; floods; periodic droughts
Natural resources
[time series]
petroleum, fish, timber, hydropower
Terrain
[time series]
coastal plain (costa), inter-Andean central highlands (sierra), and flat to rolling eastern jungle (oriente)
Total renewable water resources
[time series]
432 cu km (2000)
Government
Administrative divisions
[time series]
24 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, Santa Elena, Santo Domingo de los Tsachilas, Sucumbios, Tungurahua, Zamora-Chinchipe
Capital
[time series]
name: Quito geographic coordinates: 0 13 S, 78 30 W time difference: UTC-5 (same time as Washington, DC during Standard Time)
Constitution
[time series]
10 August 1998
Country name
[time series]
conventional long form: Republic of Ecuador conventional short form: Ecuador local long form: Republica del Ecuador local short form: Ecuador
Diplomatic representation from the US
[time series]
chief of mission: Ambassador Heather HODGES embassy: Avenida Avigiras E12-170 y Avenida Eloy Alfaro, Quito mailing address: Avenida Guayacanes N52-205 y Avenida Avigiras telephone: [593] (2) 398-5000 FAX: [593] (2) 398-5100 consulate(s) general: Guayaquil
Diplomatic representation in the US
[time series]
chief of mission: Ambassador Luis Benigno GALLEGOS Chiriboga chancery: 2535 15th Street NW, Washington, DC 20009 telephone: [1] (202) 234-7200 FAX: [1] (202) 667-3482 consulate(s) general: Atlanta, Boston, Chicago, Dallas, Denver, Houston, Jersey City (New Jersey), Los Angeles, Miami, New Orleans, New York, San Francisco, San Juan (Puerto Rico), Washington, DC
Executive branch
[time series]
chief of state: President Rafael CORREA Delgado (since 15 January 2007); Vice President Lenin MORENO Garces (since 15 January 2007); note - the president is both the chief of state and head of government head of government: President Rafael CORREA Delgado (since 15 January 2007); Vice President Lenin MORENO Garces (since 15 January 2007) cabinet: Cabinet appointed by the president elections: the president and vice president are elected on the same ticket by popular vote for a four-year term (may not serve consecutive terms); election last held 15 October 2006 with a runoff election on 26 November 2006 (next to be held in October 2010) election results: Rafael CORREA Delgado elected president; percent of vote - Rafael CORREA Delgado 56.7%; Alvaro NOBOA 43.3%
Flag
(Flag description)
[time series]
three horizontal bands of yellow (top, double width), blue, and red with the coat of arms superimposed at the center of the flag; similar to the flag of Colombia, which is shorter and does not bear a coat of arms
Government type
[time series]
republic
Independence
[time series]
24 May 1822 (from Spain)
International organization participation
[time series]
CAN, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA, Mercosur (associate), MIGA, MINURCAT, MINUSTAH, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNASUR, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNMIL, UNMIS, UNOCI, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Judicial branch
[time series]
Supreme Court or Corte Suprema (according to the Constitution, new justices are elected by the full Supreme Court; in December 2004, however, Congress successfully replaced the entire court via a simple-majority resolution)
Legal system
[time series]
based on civil law system; has not accepted compulsory ICJ jurisdiction
Legislative branch
[time series]
unicameral National Congress or Congreso Nacional (100 seats; members are elected through a party-list proportional representation system to serve four-year terms) elections: last held 15 October 2006 (next to be held in October 2010) election results: percent of vote by party - NA; seats by party - PRIAN 28; PSP 24; PSC 13; ID 7; PRE 6; MUPP-NP 6; RED 5; UDC 5; other 6; note - defections by members of National Congress are commonplace, resulting in frequent changes in the numbers of seats held by the various parties; as of 29 November 2007, Congress is on indefinite recess while a Constituent Assembly is convened
National holiday
[time series]
Independence Day (independence of Quito), 10 August (1809)
Political parties
(Political parties and leaders)
[time series]
Alianza PAIS Movement [Rafael Vicente CORREA Delgado]; Christian Democratic Union or UDC [Diego ORDONEZ Guerrero]; Democratic Left or ID [Andres PAEZ Benalcazar]; Ethical and Democratic Network or RED [Leon ROLDOS]; Institutional Renewal and National Action Party or PRIAN [Alvaro NOBOA]; Pachakutik Plurinational Unity Movement - New Country or MUPP-NP [Jorge GUAMAN]; Patriotic Society Party or PSP [Lucio GUTIERREZ Borbua]; Popular Democratic Movement or MPD [Ciro GUZMAN Aldaz]; Roldosist Party or PRE [Abdala BUCARAM Ortiz, director]; Social Christian Party or PSC [Pascual DEL CIOPPO]; Socialist Party - Broad Front or PS-FA [Gustavo AYALA Cruz]
Political parties
(Political pressure groups and leaders)
[time series]
Confederation of Indigenous Nationalities of Ecuador or CONAIE [Marlon SANTI, president]; Coordinator of Social Movements or CMS [F. Napoleon SANTOS]; Federation of Indigenous Evangelists of Ecuador or FEINE [Marco MURILLO, president]; National Federation of Indigenous Afro-Ecuatorianos and Peasants or FENOCIN [Pedro DE LA CRUZ, president]
Suffrage
[time series]
18 years of age; universal, compulsory for literate persons ages 18-65, optional for other eligible voters
Introduction
Background
[time series]
What is now Ecuador formed part of the northern Inca Empire until the Spanish conquest in 1533. Quito became a seat of Spanish colonial government in 1563 and part of the Viceroyalty of New Granada in 1717. The territories of the Viceroyalty - New Granada (Colombia), Venezuela, and Quito - gained their independence between 1819 and 1822 and formed a federation known as Gran Colombia. When Quito withdrew in 1830, the traditional name was changed in favor of the "Republic of the Equator." Between 1904 and 1942, Ecuador lost territories in a series of conflicts with its neighbors. A border war with Peru that flared in 1995 was resolved in 1999. Although Ecuador marked 25 years of civilian governance in 2004, the period has been marred by political instability. Protests in Quito have contributed to the mid-term ouster of Ecuador's last three democratically elected Presidents. In 2007, a Constituent Assembly was elected to draft a new constitution; Ecuador's twentieth since gaining independence.
Military
Manpower available for military service
[time series]
males age 16-49: 3,536,602 females age 16-49: 3,559,188 (2008 est.)
Manpower fit for military service
[time series]
males age 16-49: 3,030,664 females age 16-49: 3,037,892 (2008 est.)
Manpower reaching militarily significant age annually
[time series]
male: 144,821 female: 139,091 (2008 est.)
Military and security forces
(Military branches)
[time series]
Army, Navy (includes Naval Infantry, Naval Aviation, Coast Guard), Air Force (Fuerza Aerea Ecuatoriana, FAE) (2007)
Military expenditures
[time series]
2.8% of GDP (2006)
Military service age and obligation
[time series]
20 years of age for selective conscript military service; 12-month service obligation (2008)
People
Age structure
[time series]
0-14 years: 32.1% (male 2,274,986/female 2,189,437) 15-64 years: 62.7% (male 4,355,909/female 4,381,141) 65 years and over: 5.2% (male 340,861/female 385,316) (2008 est.)
Birth rate
[time series]
21.54 births/1,000 population (2008 est.)
Death rate
[time series]
4.21 deaths/1,000 population (2008 est.)
Education expenditure
(Education expenditures)
[time series]
1% of GDP (2001)
Ethnic groups
[time series]
mestizo (mixed Amerindian and white) 65%, Amerindian 25%, Spanish and others 7%, black 3%
HIV/AIDS - adult prevalence rate
[time series]
0.3% (2003 est.)
HIV/AIDS - deaths
[time series]
1,700 (2003 est.)
HIV/AIDS - people living with HIV/AIDS
[time series]
21,000 (2003 est.)
Infant mortality rate
[time series]
total: 21.35 deaths/1,000 live births male: 25.61 deaths/1,000 live births female: 16.88 deaths/1,000 live births (2008 est.)
Languages
[time series]
Spanish (official), Amerindian languages (especially Quechua)
Life expectancy at birth
[time series]
total population: 76.81 years male: 73.94 years female: 79.84 years (2008 est.)
Literacy
[time series]
definition: age 15 and over can read and write total population: 91% male: 92.3% female: 89.7% (2001 census)
Major infectious diseases
[time series]
degree of risk: high food or waterborne diseases: bacterial diarrhea, hepatitis A, and typhoid fever vectorborne diseases: dengue fever, malaria, and yellow fever water contact disease: leptospirosis (2008)
Median age
[time series]
total: 24.2 years male: 23.7 years female: 24.7 years (2008 est.)
Nationality
[time series]
noun: Ecuadorian(s) adjective: Ecuadorian
Net migration rate
[time series]
-7.98 migrant(s)/1,000 population (2008 est.)
Population
[time series]
13,927,650 (July 2008 est.)
Population growth rate
[time series]
0.935% (2008 est.)
Religions
[time series]
Roman Catholic 95%, other 5%
Sex ratio
[time series]
at birth: 1.05 male(s)/female under 15 years: 1.04 male(s)/female 15-64 years: 0.99 male(s)/female 65 years and over: 0.88 male(s)/female total population: 1 male(s)/female (2008 est.)
Total fertility rate
[time series]
2.59 children born/woman (2008 est.)
Transnational Issues
Disputes - international
[time series]
organized illegal narcotics operations in Colombia penetrate across Ecuador's shared border, which thousands of Colombians also cross to escape the violence in their home country
Illicit drugs
[time series]
significant transit country for cocaine originating in Colombia and Peru, with over half of the US-bound cocaine passing through Ecuadorian Pacific waters; importer of precursor chemicals used in production of illicit narcotics; attractive location for cash-placement by drug traffickers laundering money because of dollarization and weak anti-money-laundering regime; increased activity on the northern frontier by trafficking groups and Colombian insurgents
Refugees and internally displaced persons
[time series]
refugees (country of origin): 11,526 (Colombia); note - UNHCR estimates as many as 250,000 Columbians are seeking asylum in Ecuador, many of whom do not register as refugees for fear of deportation (2007)
Transportation
Airports
[time series]
406 (2007)
Airports - with paved runways
[time series]
total: 104 over 3,047 m: 4 2,438 to 3,047 m: 3 1,524 to 2,437 m: 17 914 to 1,523 m: 26 under 914 m: 54 (2007)
Airports - with unpaved runways
[time series]
total: 302 914 to 1,523 m: 34 under 914 m: 268 (2007)
Heliports
[time series]
1 (2007)
Merchant marine
[time series]
total: 37 by type: cargo 1, chemical tanker 1, liquefied gas 1, passenger 8, petroleum tanker 24, refrigerated cargo 1, specialized tanker 1 foreign-owned: 1 (US 1) registered in other countries: 5 (China 1, Panama 4) (2008)
Pipelines
[time series]
extra heavy crude oil 578 km; gas 71 km; oil 1,389 km; refined products 1,185 km (2007)
Ports
(Ports and terminals)
[time series]
Esmeraldas, Guayaquil, Manta, Puerto Bolivar
Railways
[time series]
total: 966 km narrow gauge: 966 km 1.067-m gauge (2006)
Roadways
[time series]
total: 43,670 km paved: 6,472 km unpaved: 37,198 km (2006)
Waterways
[time series]
1,500 km (most inaccessible) (2006)