top of pageBackground: The 'Republic of the Equator' was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Colombia and Venezuela). Between 1904 and 1942 Ecuador lost territories in a series of conflicts with its neighbors. A border war with Peru flared in 1995.
Climate: Tropical along coast becoming cooler inland
Terrain: Coastal plain (costa), inter-Andean central highlands (sierra), and flat to rolling eastern jungle (oriente)
top of pagePopulation:
11,466,291 (July 1996 est.)
10,890,950 (July 1995 est.)
Growth rate:1.96% (1996 est.)
1.95% (1995 est.)
Ethnic groups:
Mestizo (mixed Indian and Spanish) 55%
Indian 25%
Spanish 10%
Black 10%
Languages: Spanish (official), Indian languages (especially Quechua)
Age structure0-14 years:35% (male 2,062,468; female 1,996,679) (July 1996 est.)
36% (male 1,990,036; female 1,928,977) (July 1995 est.)
15-64 years:60% (male 3,403,197; female 3,489,728) (July 1996 est.)
60% (male 3,230,082; female 3,281,575) (July 1995 est.)
65 years and over:5% (male 241,217; female 273,002) (July 1996 est.)
4% (male 215,418; female 244,862) (July 1995 est.)
Birth rate:
25.06 births/1000 population (1996 est.)
25.08 births/1000 population (1995 est.)
Death rate:
5.5 deaths/1000 population (1996 est.)
5.55 deaths/1000 population (1995 est.)
Net migration rate:
0 migrant(s)/1000 population (1996 est.)
0 migrant(s)/1000 population (1995 est.)
EnvironmentCurrent issues: deforestation; soil erosion; desertification; water pollution
Current issues Natural hazards: frequent earthquakes, landslides, volcanic activity; periodic droughts
International agreements: party to_Antarctic-Environmental Protocol, Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
International agreements note: Cotopaxi in Andes is highest active volcano in world
top of pageAdministrative divisions: 21 provinces (provincias, singular_provincia; Azuay, Bolivar, Canar, Carchi, Chimborazo, Cotopaxi, El Oro, Esmeraldas, Galapagos, Guayas, Imbabura, Loja, Los Rios, Manabi, Morona-Santiago, Napo, Pastaza, Pichincha, Sucumbios, Tungurahua, Zamora-Chinchipe
Legal system: Based on civil law system; has not accepted compulsory ICJ jurisdiction
Suffrage: 18 years of age; universal, compulsory for literate persons ages 18-65, optional for other eligible voters
Executive branchChief of state and head of government: President Sixto DURAN-BALLEN Cordovez (since 10 August 1992); Vice President Eduardo PENA Trivino (since 18 October 1995); president and vice president were elected for four-year terms by universal suffrage; runoff election held 5 July 1992; results_Sixto DURAN-BALLEN elected as president (next election was held 19 May 1996; no presidential candidate received more than 50% of the vote; a runoff election between BUCARAM and NEBOT will be held on 7 July 1996); note_former Vice President DAHIK resigned 11 October 1995 and left the country to escape arrest on corruption charges; National Congress chose PENA as his successor in accordance with the constitution
Cabinet: Cabinet; appointed by the president
Legislative branch: Unicameral National Congress (Congreso Nacional):Elections last held 19 May 1996; results_percent of vote by party NA; seats_(82 total) PSC 27, PRE 21, DP 10, Pachakutik Movement 7, ID 5, PLRE 3, MPD 2, APRE 2, CFP 1, independent and other 4
Judicial branch: Supreme Court (Corte Suprema), judges are elected by the Chamber of Representatives
International organization participation: AG, ECLAC, FAO, G-11, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Intelsat, Interpol, IOC, IOM, ITU, LAES, LAIA, NAM, OAS, OPANAL, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO (applicant)
Flag description: 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 that is shorter and does not bear a coat of arms
top of pageEconomy overview: Ecuador has substantial oil resources and rich agricultural areas. Growth has been uneven in recent years because of fluctuations in prices for Ecuador's primary exports_oil and bananas_as well as because of government policies designed to curb inflation. President Sixto DURAN-BALLEN launched a series of macroeconomic reforms when he came into office in August 1992, which included raising domestic fuel prices and utility rates, eliminating most subsidies, and bringing the government budget into balance. These measures helped to reduce inflation from 55% in 1992 to 25% in 1995. DURAN-BALLEN has a much more favorable attitude toward foreign investment than his predecessor and has supported several laws designed to encourage foreign investment. Ecuador has implemented free or complementary trade agreements with Bolivia, Chile, Colombia, Peru, and Venezuela, as well as joined the World Trade Organization. Growth slowed to 2.3% in 1995 due in part to high domestic interest rates and shortages of electric power.
Real gdp per capita:
purchasing power parity_ $4,100 (1995 est.)
$3,840 (1994 est.)
Agriculture products: Accounts for 13% of GDP (including fishing and forestry; leading producer and exporter of bananas and balsawood; other agricultural exports_coffee, cocoa, fish, shrimp; other crops_rice, potatoes, manioc, plantains, sugarcane; livestock products_cattle, sheep, hogs, beef, pork, dairy products; net importer of foodgrains, dairy products, and sugar
Industries:
Petroleum
Food processing
Textiles
Metal work
Paper products
Wood products
Chemicals
Plastics
Fishing
Lumber
BudgetRevenues: $3.3 billion (1996 est.); $2.76 billion (1994)
Expenditures: $3.3 billion, including capital expenditures of $NA (1996 est.); $2.76 billion, including capital expenditures of NA (1994)
Exports: total value. $4 billion (f.o.b., 1994 est.)
Commodities:Petroleum 39%
Bananas 17%
Shrimp 16%
Cocoa 3%
Coffee 6%
Partners:U.S. 42%
Latin America 29%
Caribbean
EU countries 17%
Imports: total value:$3.7 billion (f.o.b., 1994 est.)
Commodities:Transport equipment
Consumer goods
Vehicles
Machinery
Chemicals
Partners:U.S. 28%
EU 17%
Latin America 31%
Caribbean
Japan
Debt external:
$12.6 billion (1995 est.)
$13.2 billion (yearend 1993 est.)
Exchange rates: Sucres (S/) per US$1_2,915 (31 December 1995), 2,564.5 (1995), 2,196.7 (1994), 1,919.1 (1993), 1,534.0 (1992), 1,046.25 (1991), 767.78 (1990), 526.35 (1989)
top of pagetop of pagetop of pagetop of pagePipelines: Crude oil 800 km; petroleum products 1,358 km
Merchant marineTotal: 19 ships (1,000 GRT or over) totaling 114,701 GRT/171,240 DWT
Ships by type: container 2, liquefied gas tanker 1, oil tanker 12, passenger 3, refrigerated cargo 1 (1995 est.)
Ecuador - Transnational issues 1996
top of pageIllicit drugs: Significant transit country for derivatives of coca originating in Colombia, Bolivia, and Peru; minor illicit producer of coca; importer of precursor chemicals used in production of illicit narcotics; important money-laundering hub
🅶🅷🅴🅾🆂.🅲🅾🅼