Ecuador

Frontier

LatAm · BVQ + BVG · USD

S&P Rating

B-

GDP (Nominal)

$130B

Nominal USD

GDP Growth

+3.7%

Year-on-Year

Inflation

0.7%

CPI Annualised

Market Cap

$7B

Equity Market

Equity Mkt / GDP: 5%

Economy Overview

A detailed economy overview for this market is being prepared. The macro figures shown are live and current.

“Dollarisation eliminates devaluation risk but constrains monetary policy — Ecuador is entirely exposed to USD cycles. Oil block auctions are the primary catalyst for institutional inflows.”

Key Sectors

Oil (Oriente Basin)Shrimp & SeafoodBananasMining

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Economic Profile

ClassificationFrontier

RegionLatAm

CurrencyUSD

Primary ExchangeBVQ + BVG

Listed Companies40

GDP / Capita$7,125

Population18M

Monetary & Fiscal

CB Policy RateDollarised

FX Reserves$10B

Debt / GDP54%

Current Account+5.9% of GDP

S&P RatingB-

Unemployment3.3%

Data Sources:

World Bank World Development Indicators (2025)BIS policy rates · IMF World Economic OutlookILO Labour StatisticsS&P Global RatingsWorld Federation of Exchanges2024 estimates · For intelligence purposes only