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Country profile

Ecuador

ECU · Latin America & Caribbean · Upper middle income

Compare Add to watchlist MERI rankings
MERI readiness41.8

1.0.0 · 2024

Global rank#99

Coverage 83%

GDP (2024)124.7B

WDI

Population (2024)18.1M

WDI

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Open profile

Key macro indicators

IndicatorYearValueSource
GDP (current USD)
NY.GDP.MKTP.CD · current USD		2024124,676,074,700WDI
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG · percent		2024-2WDI
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG · percent		20241.5WDI
Real GDP growth
NGDP_RPCH · percent		20282.6IMF_WEO
Population, total
SP.POP.TOTL · people		202418,135,478WDI

GDP time series

Latest persisted GDP observations, framed for profile context.

12 years

2013 · 2014 · 2015 · 2016 · 2017 · 2018 · 2019 · 2020 · 2021 · 2022 · 2023 · 2024

MERI breakdown

  • Percentile 21.6
  • Coverage 83%
  • Imputed 3
  • Missing 2
PillarScore
Contract Enf
Components		51.1
Corruption
Components		32
Digital Infra
Components		21.4
Fin Access
Components		15.2
Human Cap
Components		71.2
IP Protect
Components		20.6
Labor
Components		64.5
LPI
Components		45.1
Security Rol
Components		20.6
Trade Open
Components		70.3
Data Confidence Score53
Market Infrastructure
Pillars		38
Regulatory Institutional
Pillars		40.9
Talent Operating
Pillars		47
Open methodology

Governance signals

Control of Corruption

CC.EST · 2024 · WGI

-0.8
Corruption Perceptions Index

TI.CPI.SCORE · 2025 · TI_CPI

33
Government Effectiveness

GE.EST · 2024 · WGI

-0.2
Political Stability

PV.EST · 2024 · WGI

-0.7
Regulatory Quality

RQ.EST · 2024 · WGI

-0.6
Rule of Law

RL.EST · 2024 · WGI

-1
Voice and Accountability

VA.EST · 2024 · WGI

-0.1

Source attribution

Sources represented in this country profile.

8 sources

IMF_WEO

International Monetary Fund · 6 indicators

IMF Terms of Use

SourceLicense

IMF_FAS

International Monetary Fund · 2 indicators

IMF Terms of Use

SourceLicense

SOVEREIGN_RATINGS

Manual bridge · 2 indicators

Manual Source Terms

TI_CPI

Transparency International · 2 indicators

Transparency International Terms

SourceLicense

Full indicator table

Latest value per indicator with source and license hints.

97 rows
IndicatorCategoryYearValueSourceLicense
Domestic credit to private sector
FS.AST.PRVT.GD.ZS		finance202456.2WDICC BY 4.0
General government net lending/borrowing
GGXCNL_NGDP		fiscal2025-2.9IMF_WEOIMF Terms of Use
Control of Corruption
CC.EST		governance2024-0.8WGICC BY 4.0
Corruption Perceptions Index
TI.CPI.SCORE		governance202533TI_CPITransparency International Terms
Government Effectiveness
GE.EST		governance2024-0.2WGICC BY 4.0
Political Stability
PV.EST		governance2024-0.7WGICC BY 4.0
Regulatory Quality
RQ.EST		governance2024-0.6WGICC BY 4.0
Rule of Law
RL.EST		governance2024-1WGICC BY 4.0
Voice and Accountability
VA.EST		governance2024-0.1WGICC BY 4.0
Access to electricity (%)
EG.ELC.ACCS.ZS		infra202398.7WDICC BY 4.0
Fixed broadband subscriptions
IT.NET.BBND.P2		infra202417.2WDICC BY 4.0
Liner shipping connectivity index
IS.SHP.GCNW.XQ		infra202137.4WDICC BY 4.0
Logistics Performance Index
LP.LPI.OVRL.XQ		infra20182.9WDICC BY 4.0
Mobile cellular subscriptions
IT.CEL.SETS.P2		infra2024101.6WDICC BY 4.0
Aviation connectivity - number of partner countries
LPI2.AVIA_CONN		logistics202488LPI2Modified BSD3
Aviation import dwell time, IQR
LPI2.AVIA_IQR_DAYS		logistics202410.3LPI2Modified BSD3
Aviation import dwell time, mean
LPI2.AVIA_MEAN_DAYS		logistics20243.2LPI2Modified BSD3
Aviation import dwell time, median
LPI2.AVIA_MED_DAYS		logistics20240.8LPI2Modified BSD3
B2B postal delivery time, IQR
LPI2.B2B_IQR		logistics202475.1LPI2Modified BSD3
B2B postal delivery time, mean
LPI2.B2B_MEAN		logistics202457.7LPI2Modified BSD3
B2B postal delivery time, median
LPI2.B2B_MEDIAN		logistics202433.2LPI2Modified BSD3
B2C postal delivery time, IQR
LPI2.B2C_IQR		logistics202420.2LPI2Modified BSD3
B2C postal delivery time, mean
LPI2.B2C_MEAN		logistics202437LPI2Modified BSD3
B2C postal delivery time, median
LPI2.B2C_MEDIAN		logistics202421.9LPI2Modified BSD3
Container export dwell time, IQR
LPI2.EXP_DWELL_IQR_DAYS		logistics20242.2LPI2Modified BSD3
Container export dwell time, mean
LPI2.EXP_DWELL_MEAN_DAYS		logistics20243.8LPI2Modified BSD3
Container export dwell time, median
LPI2.EXP_DWELL_MED_DAYS		logistics20243.1LPI2Modified BSD3
Container import dwell time, IQR
LPI2.IMP_DWELL_IQR_DAYS		logistics20246.2LPI2Modified BSD3
Container import dwell time, mean
LPI2.IMP_DWELL_MEAN_DAYS		logistics20247.8LPI2Modified BSD3
Container import dwell time, median
LPI2.IMP_DWELL_MED_DAYS		logistics20245.9LPI2Modified BSD3
Export supply chain initiation, mean
LPI2.SC_START_MEAN_DAYS		logistics20241.6LPI2Modified BSD3
Export supply chain initiation, median
LPI2.SC_START_MED_DAYS		logistics20241LPI2Modified BSD3
Import supply chain termination, mean
LPI2.SC_END_MEAN_DAYS		logistics20242LPI2Modified BSD3
Import supply chain termination, median
LPI2.SC_END_MED_DAYS		logistics20241LPI2Modified BSD3
Lead time to import, mean
LPI2.LEAD_TIME_MEAN_DAYS		logistics202433.1LPI2Modified BSD3
Lead time to import, median
LPI2.LEAD_TIME_MED_DAYS		logistics202431.4LPI2Modified BSD3
Maritime connectivity - number of partner countries
LPI2.MAR_CONN		logistics202436LPI2Modified BSD3
Number of alliances, mean
LPI2.ALLIANCE		logistics20240LPI2Modified BSD3
Number of services, mean
LPI2.MAR_SERV		logistics202424LPI2Modified BSD3
Number of transshipments, mean
LPI2.NUM_TRS_MEAN		logistics20240.7LPI2Modified BSD3
Postal connectivity B2B - number of partner countries
LPI2.B2B_CONN		logistics202434.5LPI2Modified BSD3
Postal connectivity B2C - number of partner countries
LPI2.B2C_CONN		logistics202435LPI2Modified BSD3
Time spent in transshipment, mean
LPI2.TRS_TIME_MEAN_DAYS		logistics20245.3LPI2Modified BSD3
Turnaround time at ports, IQR
LPI2.TRN_IQR_DAYS		logistics20240.8LPI2Modified BSD3
Turnaround time at ports, mean
LPI2.TRN_MEAN_DAYS		logistics20241.2LPI2Modified BSD3
Turnaround time at ports, median
LPI2.TRN_MED_DAYS		logistics20241LPI2Modified BSD3
Turnaround time at ports, TEU weighted mean
LPI2.TRN_TEUW_MEAN_DAYS		logistics20241.5LPI2Modified BSD3
Turnaround time at ports, TEU weighted median
LPI2.TRN_TEUW_MED_DAYS		logistics20241.1LPI2Modified BSD3
Current account balance
BCA_NGDPD		macro20284.4IMF_WEOIMF Terms of Use
Current account balance (% of GDP)
BN.CAB.XOKA.GD.ZS		macro20245.7WDICC BY 4.0
GDP (current USD)
NY.GDP.MKTP.CD		macro2024124,676,074,700WDICC BY 4.0
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG		macro2024-2WDICC BY 4.0
GDP per capita (current USD)
NY.GDP.PCAP.CD		macro20246,874.7WDICC BY 4.0
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG		macro20241.5WDICC BY 4.0
Inflation rate
PCPIPCH		macro20281.5IMF_WEOIMF Terms of Use
Military expenditure (% of GDP)
MS.MIL.XPND.GD.ZS		macro20242.2WDICC BY 4.0
Official exchange rate
PA.NUS.FCRF		macro20241WDICC BY 4.0
Real GDP growth
NGDP_RPCH		macro20282.6IMF_WEOIMF Terms of Use
Total reserves (months of imports)
FI.RES.TOTL.MO		macro20242.2WDICC BY 4.0
Unemployment (% of labor force)
SL.UEM.TOTL.ZS		macro20253.3WDICC BY 4.0
Demographic and Urbanization Momentum
DEMOGRAPHICS		meri_opportunity202453WDICC BY 4.0
GDP Growth Trajectory
GDP_GROWTH		meri_opportunity20287.2IMF_WEOIMF Terms of Use
Import Demand
IMPORT_DEMAND		meri_opportunity202441WDICC BY 4.0
ATMs per 100,000 adults
FAS.ATMS_PER_100K		meri_readiness202453.1IMF_FASIMF Terms of Use
Basic Digital Infrastructure
DIGITAL_INFRA		meri_readiness202421.4WDICC BY 4.0
B-READY Business Entry score
B_READY.BUSINESS_ENTRY		meri_readiness202574B_READYWorld Bank Terms
B-READY Dispute Resolution score
B_READY.DISPUTE_RESOLUTION		meri_readiness202551.1B_READYWorld Bank Terms
B-READY International Trade score
B_READY.TRADE		meri_readiness202563.4B_READYWorld Bank Terms
B-READY Labor score
B_READY.LABOR		meri_readiness202561B_READYWorld Bank Terms
Commercial bank branches per 100,000 adults
FAS.BRANCHES_PER_100K		meri_readiness20248IMF_FASIMF Terms of Use
Contract Enforcement Reliability
CONTRACT_ENF		meri_readiness202551.1B_READYWorld Bank Terms
Corruption Risk
CORRUPTION		meri_readiness202533TI_CPITransparency International Terms
Financial System Accessibility
FIN_ACCESS		meri_readiness202415.2WDICC BY 4.0
General Business Entry Friction
BIZ_ENTRY		meri_readiness202574B_READYWorld Bank Terms
HDI Education sub-index
HDI.EDUCATION_INDEX		meri_readiness20230.7UNDP_HDIUNDP Terms
Hiring and Workforce Availability
LABOR		meri_readiness202562.8WDICC BY 4.0
Human Capital Quality
HUMAN_CAP		meri_readiness202571.2UNDP_HDIUNDP Terms
Intellectual Property Protection
IP_PROTECT		meri_readiness202420.6WGICC BY 4.0
Logistics Performance
LPI		meri_readiness202545.1LPI2Modified BSD3
Personal Security and Rule of Law
SECURITY_ROL		meri_readiness202420.6WGICC BY 4.0
Trade Openness
TRADE_OPEN		meri_readiness202563.4B_READYWorld Bank Terms
Inflation Stability
INFL_STAB		meri_risk202896IMF_WEOIMF Terms of Use
Sovereign credit rating score
RATING.SOV_CREDIT_SCORE		meri_risk202623.3SOVEREIGN_RATINGSManual Source Terms
Sovereign Credit Risk
SOV_CREDIT		meri_risk202623.3SOVEREIGN_RATINGSManual Source Terms
Adult literacy rate
SE.ADT.LITR.ZS		social202493.5WDICC BY 4.0
Age dependency ratio
SP.POP.DPND		social202448.8WDICC BY 4.0
Labor force participation rate
SL.TLF.CACT.ZS		social202564.5WDICC BY 4.0
Life expectancy at birth
SP.DYN.LE00.IN		social202477.6WDICC BY 4.0
Population growth (annual %)
SP.POP.GROW		social20240.9WDICC BY 4.0
Population, total
SP.POP.TOTL		social202418,135,478WDICC BY 4.0
Urban population (% of total)
SP.URB.TOTL.IN.ZS		social202463.2WDICC BY 4.0
FDI net inflows (% of GDP)
BX.KLT.DINV.WD.GD.ZS		trade20240.4WDICC BY 4.0
High-technology exports (% of manufactured)
TX.VAL.TECH.MF.ZS		trade202410WDICC BY 4.0
Merchandise exports (current USD)
TX.VAL.MRCH.CD.WT		trade202434,421,000,000WDICC BY 4.0
Merchandise imports (current USD)
TM.VAL.MRCH.CD.WT		trade202429,491,000,000WDICC BY 4.0
Tariff rate, applied, simple mean
TM.TAX.MRCH.SM.AR.ZS		trade20227.8WDICC BY 4.0
Trade (% of GDP)
NE.TRD.GNFS.ZS		trade202457.2WDICC BY 4.0
Ecuador Market Profile | Aperture