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AT#695 - Travel to Ecuador

Hear about places to visit in Ecuador on your Ecuador vacation as the Amateur Traveler talks to Keenan Ennis about this country that he now calls home.




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CBD News: Ecuador designates New Marine Protected Area.




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CBD News: The province of Santa Elena, Ecuador, proclaims "A Provincial Day for Protected Areas"

Montreal, 26 September 2008 - The province of Santa Elena, the newest province in Ecuador, emerged as the first jurisdiction in the world to proclaim a provincial day for protected areas, the Prefecta of the province, Ms. Ana Triviño Cisneros, has announced. To be celebrated annually on 23 September, the Day celebrates the designation of a new marine protected area off Ecuador's coast aimed at conserving about 47,000 hectares of some of the world's most spectacular biodiversity.




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CBD News: The CBD Secretariat will co-organize an International Conference on Biodiversity Conservation in Transboundary Tropical Forests, from 14-17 July, in Quito, Ecuador. The Conference will be organized jointly with IUCN and ITTO, as a contribution t




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CBD News: Statement by Mr. Ahmed Djoghlaf, CBD Executive Secretary, on the occasion of the Celebrations of the Beginning of the United Nations Decade on Biodiversity in South America, 15 July 2011, Quito, Ecuador




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CBD News: Introductory Remarks by Mr. Braulio F. de Souza Dias, CBD Executive Secretary, to the Dialogue Seminar on Scaling Up Biodiversity Finance, Quito, Ecuador, 9 April 2014




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Welcome Wears Thin for Colombians in Ecuador as Venezuelans Become More Visible

Though Colombians displaced by a decades-long civil war found a welcome refuge in Ecuador, life has become more difficult for them in recent years, in part as a result of the influx of Venezuelans seeking safety. This article draws on surveys of migrants in Quito, comparing and contrasting the experiences of Colombians and Venezuelans, and assessing their perceptions of discrimination, victimization, trust in institutions, and hopes for the future.




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La Bienvenida Se Agota para Colombianos en Ecuador Mientras Venezolanos Se Hacen Más Visibles

Aunque colombianos encontraron un refugio cálido en Ecuador después de ser desplazados de su país por una guerra civil que duro décadas, la vida se ha vuelto más difícil para ellos en los últimos años, en parte como resultado del flujo de venezolanos que buscan seguridad. Este artículo se basa en encuestas de migrantes en Quito, comparando y contrastando las experiencias de colombianos y venezolanos, y evaluando sus percepciones de discriminación, victimización y esperanzas para el futuro.




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While in His presence - Ecuador

The figures of impact were impressive during a recent medical outreach in the indigenous region of Guamote in Ecuador. But only because He showed up.




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FDI in Ecuador surges to $1.6bn in 2018

Ecuador's stability was recognised in 2018, as the South American country attracted its highest level of investment since 2004.




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Ecuador ravaged by coronavirus

The outbreak has ravaged the economy of the oil-producing country and overwhelmed sanitary authorities in the largest city of Guayaquil, where corpses remained in homes or for hours on the streets.




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Julian Assange must be freed amid coronavirus outbreak, says woman who had his two children while he was in Ecuadorian embassy

Follow our live coronavirus updates HERE Coronavirus: the symptoms




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No more bodies on the streets. But coronavirus batters Ecuador with disproportionate force

Images of corpses in Ecuador stoked fear of the coronavirus' effect on developing nations. Infections have yet to peak elsewhere in Latin America.





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Chevron wins huge victory over $18 billion Ecuador lawsuit

New York judge throws the whole thing out, accusing lawyer of bribery and money laundering.




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Ecuadorian Farmers Organize 'Illegal' Fairs to Bring Healthy, Fair Priced Food to Communities

A local regulation forces all food to go through a terminal controlled by big business, but a group of small producers found a way to bypass the rule.




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New composting toilet design launched in Ecuador, which really needs it

Here's the drill on the Earth Drill toilet.




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Place: Ecuador review – a wild night in Quito

(Air Texture)
Shuffling Mestizo melodies meet eerie techno in this stellar compilation taken from Ecuador’s pulsating club scene

While most would name Colombia as the home of South America’s forward-thinking club scene, neighbouring Ecuador has quietly been carving out its own dancefloor identity in recent years. The country has produced breakout talents such as DJ Nicola Cruz and home-grown labels like ZZK and Wonderwheel Recordings, operating under the social restrictions of a largely Catholic state and in the midst of devastating austerity measures. Most of its key players reside in Quito, and bring together a community at the capital’s inclusive nights, including Cruz’s La Sagraria.

Often marked by downtempo, undulating house rhythms and samples of Andean pan flutes and instruments such as the lute-like charango, their output is organic-sounding. Yet Place: Ecuador, a new charity compilation, showcases a grittier and more kinetic side to the scene. It’s the fourth release in New York label Air Texture’s location-specific charity series (previous editions have covered Georgia, Colombia and the Netherlands), benefiting the indigenous Waorani people’s legal battles against the Ecuadorian government’s sale of their land for mineral rights.

Continue reading...




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Tax-News.com: EFTA States Conclude Georgia FTA, Begin Ecuador Talks

The member states of the European Free Trade Association signed a free trade agreement with Georgia during a meeting on June 27, 2016.




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Tax-News.com: Ecuador, Serbia Ratify OECD's Multilateral Tax Cooperation Pact

The OECD on September 2, 2019, announced that Ecuador and Serbia have ratified the multilateral Convention on Mutual Administrative Assistance in Tax Matters.




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Ecuador joins international efforts against tax evasion and avoidance

Ecuador today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 126th jurisdiction to join the world’s leading instrument for boosting transparency and combating cross-border tax evasion. The Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) was also signed.




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Ecuador and Serbia deposit instruments of ratification for the multilateral Convention on Mutual Administrative Assistance in Tax Matters

Ecuador and Serbia have deposited their instruments of ratification for the multilateral Convention on Mutual Administrative Assistance in Tax Matters therewith underlining their strong commitment to join international efforts against tax evasion and avoidance. The Convention will enter into force on 1 December 2019 for Ecuador and Serbia.




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Ecuador General Index

The Ecuador General Index decreased 22 points or 1.57% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Ecuador. Historically, the Ecuador General Index reached an all time high of 1430.67 in February of 2019. The Ecuador General Index is a major stock market index which tracks the performance of companies listed on the Quito Stock Exchange and on the Guayaquil Stock Exchange in Ecuador.




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Ecuador Consumer Confidence Current Conditions

Consumer Confidence Current Conditions in Ecuador increased to 38.40 in June from 35.87 in May of 2017. Consumer Confidence Current Conditions in Ecuador averaged 40.41 from 2014 until 2017, reaching an all time high of 50.95 in June of 2014 and a record low of 27.29 in May of 2016. This page includes a chart with historical data for Ecuador Consumer Confidence Current Conditions.




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Ecuador Internet Speed

Internet Speed in Ecuador decreased to 6150.50 KBps in the first quarter of 2017 from 6336.72 KBps in the fourth quarter of 2016. Internet Speed in Ecuador averaged 2403.73 KBps from 2007 until 2017, reaching an all time high of 6336.72 KBps in the fourth quarter of 2016 and a record low of 516.48 KBps in the third quarter of 2009. This page includes a chart with historical data for EcuadorInternet Speed.




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Ecuador IP Addresses

IP Addresses in Ecuador increased to 787799 IP in the first quarter of 2017 from 772123 IP in the fourth quarter of 2016. IP Addresses in Ecuador averaged 543486.31 IP from 2007 until 2017, reaching an all time high of 999895 IP in the fourth quarter of 2014 and a record low of 98228 IP in the third quarter of 2007. This page includes a chart with historical data for EcuadorIP Addresses.




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Ecuador Temperature

Temperature in Ecuador increased to 21.51 celsius in August from 21.24 celsius in July of 2013. Temperature in Ecuador averaged 21.87 celsius from 1866 until 2013, reaching an all time high of 24.34 celsius in February of 1998 and a record low of 19.77 celsius in July of 1910. This page includes a chart with historical data for Ecuador Temperature.




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Ecuador Military Expenditure

Military Expenditure in Ecuador increased to 2554 USD Million in 2018 from 2463 USD Million in 2017. Military Expenditure in Ecuador averaged 1206.97 USD Million from 1957 until 2018, reaching an all time high of 3010 USD Million in 2013 and a record low of 221 USD Million in 1959.




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Ecuador Social Security Rate

The Social Security Rate in Ecuador stands at 21.60 percent. Social Security Rate in Ecuador averaged 21.84 percent from 2012 until 2018, reaching an all time high of 23.50 percent in 2012 and a record low of 21.50 percent in 2013. In Ecuador, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Ecuador because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Ecuador Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ecuador Social Security Rate For Employees

The Social Security Rate For Employees in Ecuador stands at 9.45 percent. Social Security Rate For Employees in Ecuador averaged 9.81 percent from 2012 until 2018, reaching an all time high of 12.15 percent in 2012 and a record low of 9.35 percent in 2013. In Ecuador, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Ecuador because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Ecuador Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ecuador GDP per capita

The Gross Domestic Product per capita in Ecuador was last recorded at 5185.09 US dollars in 2018. The GDP per Capita in Ecuador is equivalent to 41 percent of the world's average. GDP per capita in Ecuador averaged 3685.41 USD from 1960 until 2018, reaching an all time high of 5412.13 USD in 2014 and a record low of 2238.01 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Ecuador GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ecuador GDP per capita PPP

The Gross Domestic Product per capita in Ecuador was last recorded at 10412.20 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Ecuador, when adjusted by Purchasing Power Parity is equivalent to 59 percent of the world's average. GDP per capita PPP in Ecuador averaged 8709.40 USD from 1990 until 2018, reaching an all time high of 10868.12 USD in 2014 and a record low of 7357.02 USD in 2000. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Ecuador GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ecuador Government Budget

Ecuador recorded a Government Budget deficit equal to 3 percent of the country's Gross Domestic Product in 2018. Government Budget in Ecuador averaged -1.90 percent of GDP from 1983 until 2018, reaching an all time high of 3.27 percent of GDP in 2006 and a record low of -10.94 percent of GDP in 1987. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Ecuador Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Deposit Interest Rate in Ecuador

Deposit Interest Rate in Ecuador increased to 3.60 percent in 2018 from 3.50 percent in 2017. Deposit Interest Rate in Ecuador averaged 17.24 percent from 1983 until 2018, reaching an all time high of 46.81 percent in 1992 and a record low of 0 percent in 2007. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Ecuador.




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Ecuador Competitiveness Index

Ecuador scored 55.74 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Ecuador averaged 16.75 Points from 2007 until 2019, reaching an all time high of 55.85 Points in 2018 and a record low of 3.55 Points in 2010. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Ecuador Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Ecuador Competitiveness Rank

Ecuador is the 90 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Ecuador averaged 92 from 2007 until 2019, reaching an all time high of 105 in 2010 and a record low of 71 in 2014. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Ecuador Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Ecuador Industrial Production

Industrial Production in Ecuador decreased 3.73 percent in February of 2016 over the same month in the previous year. Industrial Production in Ecuador averaged 4.69 percent from 2004 until 2016, reaching an all time high of 18.54 percent in January of 2007 and a record low of -11.31 percent in December of 2015. Industrial Production in Ecuador is reported by the Instituto Nacional de Estadistica y Censos (INEC). In Ecuador, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Ecuador Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ecuador Gold Reserves

Gold Reserves in Ecuador remained unchanged at 16.95 Tonnes in the fourth quarter of 2019 from 16.95 Tonnes in the third quarter of 2019. Gold Reserves in Ecuador averaged 22.32 Tonnes from 2000 until 2019, reaching an all time high of 26.30 Tonnes in the second quarter of 2000 and a record low of 11.79 Tonnes in the third quarter of 2014. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Ecuador Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ease of Doing Business in Ecuador

Ecuador is ranked 129 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Ecuador deteriorated to 129 in 2019 from 123 in 2018. Ease of Doing Business in Ecuador averaged 126.08 from 2008 until 2019, reaching an all time high of 138 in 2009 and a record low of 114 in 2014. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Ecuador.




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Ecuador Terrorism Index

Terrorism Index in Ecuador increased to 2.46 in 2018 from 1.47 in 2017. Terrorism Index in Ecuador averaged 1.65 from 2002 until 2018, reaching an all time high of 3.02 in 2003 and a record low of 0.58 in 2014. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).




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Ecuador Gross Minimum Monthly Wage

Minimum Wages in Ecuador increased to 394 USD/Month in 2019 from 386 USD/Month in 2018. Minimum Wages in Ecuador averaged 246.06 USD/Month from 2001 until 2019, reaching an all time high of 394 USD/Month in 2019 and a record low of 85.70 USD/Month in 2001. This page provides - Ecuador Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ecuador Median Wages In Manufacturing

Wages In Manufacturing in Ecuador increased to 450 USD/Month in the second quarter of 2019 from 447 USD/Month in the first quarter of 2019. Wages In Manufacturing in Ecuador averaged 361.27 USD/Month from 2007 until 2019, reaching an all time high of 461 USD/Month in the third quarter of 2015 and a record low of 220 USD/Month in the first quarter of 2008. This page provides - Ecuador Wages In Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ecuador Remittances

Remittances in Ecuador increased to 845.57 USD Million in the third quarter of 2019 from 809.61 USD Million in the second quarter of 2019. Remittances in Ecuador averaged 591.88 USD Million from 1999 until 2019, reaching an all time high of 891.95 USD Million in the fourth quarter of 2007 and a record low of 238.55 USD Million in the second quarter of 1999. In Ecuador, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Ecuador Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ecuador Corruption Index

Ecuador scored 38 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Ecuador averaged 27.21 Points from 1996 until 2019, reaching an all time high of 38 Points in 2019 and a record low of 20 Points in 2008. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Ecuador Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Ecuador Corruption Rank

Ecuador is the 93 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Ecuador averaged 108.48 from 1996 until 2019, reaching an all time high of 151 in 2008 and a record low of 39 in 1996. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Ecuador Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Ecuador Crude Oil Production

Crude Oil Production in Ecuador decreased to 542 BBL/D/1K in December from 546 BBL/D/1K in November of 2019. Crude Oil Production in Ecuador averaged 470.69 BBL/D/1K from 1994 until 2019, reaching an all time high of 563 BBL/D/1K in November of 2014 and a record low of 329 BBL/D/1K in July of 1998. This page provides the latest reported value for - Ecuador Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Ecuador Sales Tax Rate - VAT

The Sales Tax Rate in Ecuador stands at 12 percent. Sales Tax Rate in Ecuador averaged 12.14 percent from 2006 until 2019, reaching an all time high of 14 percent in 2016 and a record low of 12 percent in 2007. In Ecuador, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Ecuador. This page provides - Ecuador Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ecuador Employment Rate

Employment Rate in Ecuador increased to 48.02 percent in the fourth quarter of 2019 from 47.30 percent in the third quarter of 2019. Employment Rate in Ecuador averaged 51.16 percent from 2007 until 2019, reaching an all time high of 57.94 percent in the second quarter of 2014 and a record low of 46.54 percent in the first quarter of 2010. In Ecuador, the employment rate measures the number of people who have a job as a percentage of the labour force. This page provides - Ecuador Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ecuador Corporate Tax Rate

The Corporate Tax Rate in Ecuador stands at 25 percent. Corporate Tax Rate in Ecuador averaged 26.53 percent from 1997 until 2020, reaching an all time high of 36.25 percent in 1998 and a record low of 15 percent in 1999. In Ecuador, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Ecuador. This page provides - Ecuador Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ecuador Personal Income Tax Rate

The Personal Income Tax Rate in Ecuador stands at 35 percent. Personal Income Tax Rate in Ecuador averaged 31.88 percent from 2003 until 2018, reaching an all time high of 35 percent in 2008 and a record low of 25 percent in 2004. In Ecuador, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Ecuador. This page provides - Ecuador Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.