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Compare Ecuador (2002) - Ecuador (2003)

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 Ecuador (2002)Ecuador (2003)
 EcuadorEcuador
Age structure 0-14 years: 35.4% (male 2,415,764; female 2,337,095)


15-64 years: 60.2% (male 4,007,495; female 4,090,957)


65 years and over: 4.4% (male 276,482; female 319,701) (2002 est.)
0-14 years: 34.9% (male 2,430,303; female 2,351,166)


15-64 years: 60.6% (male 4,116,289; female 4,198,667)


65 years and over: 4.5% (male 284,082; female 329,727) (2003 est.)
Airports 205 (2001) 205 (2002)
Birth rate 25.47 births/1,000 population (2002 est.) 24.94 births/1,000 population (2003 est.)
Death rate 5.36 deaths/1,000 population (2002 est.) 5.29 deaths/1,000 population (2003 est.)
Debt - external $14 billion (2001) (2001) $14.4 billion (2002)
Diplomatic representation in the US chief of mission: Ambassador Ivonne A-BAKI


chancery: 2535 15th Street NW, Washington, DC 20009


telephone: [1] (202) 234-7200


FAX: [1] (202) 667-3482


consulate(s) general: Chicago, Houston, Los Angeles, Miami, New Orleans, New York, Newark, Philadelphia, and San Francisco
chief of mission: Ambassador Raul GANGOTENA Rivadeneira


chancery: 2535 15th Street NW, Washington, DC 20009


telephone: [1] (202) 234-7200


FAX: [1] (202) 667-3482


consulate(s) general: Chicago, Houston, Los Angeles, Miami, New Orleans, New York, Newark, Philadelphia, and San Francisco
Economic aid - recipient $120 million (2001) (2001) $120 million (2001)
Economy - overview Ecuador has substantial oil resources and rich agricultural areas. Because the country exports primary products such as oil, bananas, and shrimp, fluctuations in world market prices can have a substantial domestic impact. Ecuador joined the World Trade Organization in 1996, but has failed to comply with many of its accession commitments. The aftermath of El Nino and depressed oil market of 1997-98 drove Ecuador's economy into a free-fall in 1999. The beginning of 1999 saw the banking sector collapse, which helped precipitate an unprecedented default on external loans later that year. Continued economic instability drove a 70% depreciation of the currency throughout 1999, which forced a desperate government to "dollarize" the currency regime in 2000. The move stabilized the currency, but did not stave off the ouster of the government. Gustavo NOBOA, who assumed the presidency in January 2000, has managed to pass substantial economic reforms and mend relations with international financial institutions. Ecuador completed its first standby agreement since 1986 when the IMF Board approved a 10 December 2001 disbursement of $96 million, the final installment of a $300 million standby credit agreement. Ecuador has substantial oil resources and rich agricultural areas. Because the country exports primary products such as oil, bananas, and shrimp, fluctuations in world market prices can have a substantial domestic impact. Ecuador joined the World Trade Organization (WTrO) in 1996, but has failed to comply with many of its accession commitments. The aftermath of El Nino and depressed oil market of 1997-98 drove Ecuador's economy into a free-fall in 1999. The beginning of 1999 saw the banking sector collapse, which helped precipitate an unprecedented default on external loans later that year. Continued economic instability drove a 70% depreciation of the currency throughout 1999, which forced a desperate government to "dollarize" the currency regime in 2000. The move stabilized the currency, but did not stave off the ouster of the government. Gustavo NOBOA, who assumed the presidency in January 2000, has managed to pass substantial economic reforms and mend relations with international financial institutions. Ecuador completed its first standby agreement since 1986 when the IMF Board approved a 10 December 2001 disbursement of $96 million, the final installment of a $300 million standby credit agreement. In February 2003, newly installed president Lucio GUTIERREZ faced a budget gap and massive foreign debt. He has pledged to use oil revenues to pay off debt and is seeking additional IMF support.
Electricity - consumption 9.667 billion kWh (2000) 69.96 billion kWh (2001)
Electricity - exports 0 kWh (2000) 0 kWh (2001)
Electricity - imports 0 kWh (2000) 0 kWh (2001)
Electricity - production 10.395 billion kWh (2000) 75.23 billion kWh (2001)
Electricity - production by source fossil fuel: 25%


hydro: 75%


nuclear: 0%


other: 0% (2000)
fossil fuel: 81%


hydro: 19%


nuclear: 0%


other: 0% (2001)
Exchange rates sucres per US dollar - 25,000.0 (January 2002), 25,000.0 (2001), 24,988.4 (2000), 11,786.8 (1999), 5,446.6 (1998), 3,988.3 (1997)


note: on 13 March 2000, the National Congress approved a new exchange system whereby the US dollar was adopted as the main legal tender in Ecuador for all purposes; on 20 March 2000, the Central Bank of Ecuador started to exchange sucres for US dollars at a fixed rate of 25,000 sucres per US dollar; since 30 April 2000, all transactions are denominated in US dollars
sucres per US dollar - 25,000 (2002), 25,000 (2001), 24,988.4 (2000), 11,786.8 (1999), 5,446.57 (1998)
Exports $4.8 billion (2001 est.) NA (2001)
Exports - partners US 38%, Peru 6%, Chile 5%, Colombia 5%, Italy 3% (2000) US 39%, Colombia 5.6%, South Korea 5.1%, Germany 5%, Italy 4.4% (2002)
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 which is shorter and does not bear a coat of arms 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
GDP purchasing power parity - $39.6 billion (2001 est.) purchasing power parity - $42.65 billion (2002 est.)
GDP - composition by sector agriculture: 11%


industry: 25%


services: 64% (2000 est.)
agriculture: 11%


industry: 33%


services: 56% (2001 est.)
GDP - per capita purchasing power parity - $3,000 (2001 est.) purchasing power parity - $3,200 (2002 est.)
GDP - real growth rate 4.3% (2001 est.) 3.4% (2002 est.)
Highways total: 43,197 km


paved: 8,165 km


unpaved: 35,032 km (2001)
total: 43,197 km


paved: 8,164 km


unpaved: 35,033 km (2000)
Household income or consumption by percentage share lowest 10%: 2%


highest 10%: 34% (1995) (1995)
lowest 10%: 2.2%


highest 10%: 33.8% (1995)
Imports $4.8 billion (2001 est.) NA (2001)
Imports - partners US 25%, Colombia 13%, Japan 8%, Venezuela 8%, Brazil 4% (2000) US 28.6%, Colombia 14.4%, Japan 6%, Chile 4.5%, Brazil 4.1% (2002)
Infant mortality rate 33.02 deaths/1,000 live births (2002 est.) total: 31.97 deaths/1,000 live births


male: 37.28 deaths/1,000 live births


female: 26.39 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) 22% (2001 est.) 12.5% (2002 est.)
International organization participation CAN, CCC, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO CAN, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTrO
Legislative branch unicameral National Congress or Congreso Nacional (123 seats; 20 members are popularly elected at-large nationally to serve four-year terms; 103 members are popularly elected by province to serve four-year terms)


elections: last held 31 May 1998 (next to be held 20 October 2002)


election results: percent of vote by party - NA%; seats by party - DP 32, PSC 27, PRE 24, ID 18, P-NP 9, FRA 5, PCE 3, MPD 2, CFP 1; note - defections by members of National Congress are commonplace, resulting in frequent changes in the numbers of seats held by the various parties
unicameral National Congress or Congreso Nacional (100 seats; members are popularly elected by province to serve four-year terms)


elections: last held 20 October 2002 (next to be held NA October 2006)


election results: percent of vote by party - NA%; seats by party - PSC 25, PRE 15, ID 16, PRIAN 10, PSP 9, Pachakutik Movement 6, MPD 5, DP 4, PS 3, independents 7; note - defections by members of National Congress are commonplace, resulting in frequent changes in the numbers of seats held by the various parties
Life expectancy at birth total population: 71.61 years


male: 68.79 years


female: 74.57 years (2002 est.)
total population: 71.89 years


male: 69.06 years


female: 74.86 years (2003 est.)
Literacy definition: age 15 and over can read and write


total population: 90.1%


male: 92%


female: 88.2% (1995 est.)
definition: age 15 and over can read and write


total population: 92.5%


male: 94%


female: 91% (2003 est.)
Merchant marine total: 33 ships (1,000 GRT or over) totaling 239,876 GRT/393,680 DWT


ships by type: cargo 2, chemical tanker 3, liquefied gas 1, passenger 3, petroleum tanker 23, specialized tanker 1


note: includes some foreign-owned ships registered here as a flag of convenience: Chile 1, Greece 1 (2002 est.)
total: 33 ships (1,000 GRT or over) 239,276 GRT/392,048 DWT


ships by type: cargo 2, chemical tanker 3, liquefied gas 1, passenger 3, petroleum tanker 23, specialized tanker 1


note: includes some foreign-owned ships registered here as a flag of convenience: Chile 1, Greece 1 (2002 est.)
Military manpower - availability males age 15-49: 3,468,678 (2002 est.) males age 15-49: 3,555,068 (2003 est.)
Military manpower - fit for military service males age 15-49: 2,337,944 (2002 est.) males age 15-49: 2,395,178 (2003 est.)
Military manpower - military age 20 years of age (2002 est.) 20 years of age (2003 est.)
Military manpower - reaching military age annually males: 132,978 (2002 est.) males: 137,433 (2003 est.)
Net migration rate -0.53 migrant(s)/1,000 population (2002 est.) -0.52 migrant(s)/1,000 population (2003 est.)
Pipelines crude oil 800 km; petroleum products 1,358 km gas 71 km; oil 1,575 km; refined products 1,185 km (2003)
Political parties and leaders Concentration of Popular Forces or CFP [Averroes BUCARAM]; Democratic Left or ID [Rodrigo BORJA Cevallos]; Ecuadorian Conservative Party or PCE [Jacinto JIJON Y CAMANO]; Independent National Movement or MIN [Eliseo AZUERO]; Pachakutik-New Country or P-NP [Miguel LLUCO]; Popular Democracy or DP [Dr. Juan Manuel FUERTES]; Popular Democratic Movement or MPD [Gustavo TERAN Acosta]; Radical Alfarista Front or FRA [Fabian ALARCON, director]; Roldosist Party or PRE [Abdala BUCARAM Ortiz, director]; Social Christian Party or PSC [Pascual DEL CIOPPO] Concentration of Popular Forces or CFP [Averroes BUCARAM]; Democratic Left or ID [Rodrigo BORJA Cevallos]; National Action Institutional Renewal Party or PRIAN [leader NA]; Pachakutik Movement [Miguel LLUCO]; Patriotic Society Party or PSP [leader NA]; Popular Democracy or DP [Dr. Juan Manuel FUERTES]; Popular Democratic Movement or MPD [Gustavo TERAN Acosta]; Radical Alfarista Front or FRA [Fabian ALARCON, director]; Roldosist Party or PRE [Abdala BUCARAM Ortiz, director]; Social Christian Party or PSC [Pascual DEL CIOPPO]; Socialist Party or PS [leader NA]
Population 13,447,494 (July 2002 est.) 13,710,234 (July 2003 est.)
Population growth rate 1.96% (2002 est.) 1.91% (2003 est.)
Radios 5 million (2001) -
Railways total: 965 km


narrow gauge: 965 km 1.067-m gauge (2000 est.)
total: 966 km


narrow gauge: 966 km 1.067-m gauge (2002)
Sex ratio at birth: 1.05 male(s)/female


under 15 years: 1.03 male(s)/female


15-64 years: 0.98 male(s)/female


65 years and over: 0.86 male(s)/female


total population: 0.99 male(s)/female (2002 est.)
at birth: 1.05 male(s)/female


under 15 years: 1.03 male(s)/female


15-64 years: 0.98 male(s)/female


65 years and over: 0.86 male(s)/female


total population: 0.99 male(s)/female (2003 est.)
Total fertility rate 3.05 children born/woman (2002 est.) 2.99 children born/woman (2003 est.)
Unemployment rate 14%; note - widespread underemployment (2001 est.) 7.7%; note - widespread underemployment (2001 est.)
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