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Compare Ecuador (2004) - Ecuador (2005)

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 Ecuador (2004)Ecuador (2005)
 EcuadorEcuador
Age structure 0-14 years: 33.9% (male 2,285,775; female 2,199,356)


15-64 years: 61.2% (male 4,020,873; female 4,062,672)


65 years and over: 4.9% (male 302,129; female 341,937) (2004 est.)
0-14 years: 33.5% (male 2,282,252/female 2,195,942)


15-64 years: 61.5% (male 4,094,146/female 4,130,096)


65 years and over: 4.9% (male 310,336/female 350,821) (2005 est.)
Airports 205 (2003 est.) 205 (2004 est.)
Background 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 that flared in 1995 was resolved in 1999. Although Ecuador marked 25 years of civilian governance in 2004, the period has been marred by political instability. Nine presidents have governed Ecuador since 1996. The "Republic of the Equator" was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others are Colombia and Venezuela). Between 1904 and 1942, Ecuador lost territories in a series of conflicts with its neighbors. A border war with Peru that flared in 1995 was resolved in 1999. Although Ecuador marked 25 years of civilian governance in 2004, the period has been marred by political instability. Seven presidents have governed Ecuador since 1996.
Birth rate 23.18 births/1,000 population (2004 est.) 22.67 births/1,000 population (2005 est.)
Budget revenues: $6.908 billion


expenditures: planned $6.594 billion, including capital expenditures of $1.6 billion (2003)
revenues: $7.9 billion


expenditures: planned $7.3 billion, including capital expenditures of $1.6 billion (2004 est.)
Currency US dollar (USD) -
Death rate 4.26 deaths/1,000 population (2004 est.) 4.24 deaths/1,000 population (2005 est.)
Debt - external $15.69 billion (2003) $16.81 billion (2004 est.)
Diplomatic representation in the US chief of mission: Ambassador (vacant)


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 (vacant)


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


telephone: [1] (202) 234-7200


FAX: [1] (202) 667-3482


consulate(s) general: Chicago, Houston, Jersey City (New Jersey), Los Angeles, Miami, New Orleans, New York, and San Francisco
Disputes - international the continuing civil disorder in Colombia has created a serious refugee crisis in neighboring states, especially Ecuador organized illegal narcotics operations in Colombia penetrate across Ecuador's shared border and caused over 20,000 refugees to flee into Ecuador in 2004
Economic aid - recipient $120 million (2001) $216 million (2002)
Economy - overview Ecuador has substantial petroleum resources, which have accounted for 40% of the country's export earnings and one-fourth of public sector revenues in recent years. Consequently, fluctuations in world market prices can have a substantial domestic impact. In the late 1990s, Ecuador suffered its worst economic crisis, with natural disasters and sharp declines in world petroleum prices driving Ecuador's economy into free fall in 1999. Real GDP contracted by more than 6%, with poverty worsening significantly. The banking system also collapsed, and Ecuador defaulted on its external debt later that year. The currency depreciated by some 70% in 1999, and, on the brink of hyperinflation, the MAHAUD government announced it would dollarize the economy. A coup, however, ousted MAHAUD from office in January 2000, and after a short-lived junta failed to garner military support, Vice President Gustavo NOBOA took over the presidency. In March 2000, Congress approved a series of structural reforms that also provided the framework for the adoption of the US dollar as legal tender. Dollarization stabilized the economy, and growth returned to its pre-crisis levels in the years that followed. Under the administration of Lucio GUTIERREZ, who took office in January 2003, Ecuador benefited from higher world petroleum prices, but the government has made little progress on fiscal reforms and reforms of state-owned enterprises necessary to reduce Ecuador's vulnerability to petroleum price swings and financial crises. Ecuador has substantial petroleum resources, which have accounted for 40% of the country's export earnings and one-fourth of central government budget revenues in recent years. Consequently, fluctuations in world market prices can have a substantial domestic impact. In the late 1990s, Ecuador suffered its worst economic crisis, with natural disasters and sharp declines in world petroleum prices driving Ecuador's economy into free fall in 1999. Real GDP contracted by more than 6%, with poverty worsening significantly. The banking system also collapsed, and Ecuador defaulted on its external debt later that year. The currency depreciated by some 70% in 1999, and, on the brink of hyperinflation, the MAHAUD government announced it would dollarize the economy. A coup, however, ousted MAHAUD from office in January 2000, and after a short-lived junta failed to garner military support, Vice President Gustavo NOBOA took over the presidency. In March 2000, Congress approved a series of structural reforms that also provided the framework for the adoption of the US dollar as legal tender. Dollarization stabilized the economy, and growth returned to its pre-crisis levels in the years that followed. Under the administration of Lucio GUTIERREZ - January 2003 to April 2005 - Ecuador benefited from higher world petroleum prices, but the government has made little progress on economic reforms necessary to reduce Ecuador's vulnerability to petroleum price swings and financial crises.
Electricity - consumption 69.96 billion kWh (2001) 10.79 billion kWh (2002)
Electricity - exports 0 kWh (2001) 0 kWh (2002)
Electricity - imports 0 kWh (2001) 57 million kWh (2002)
Electricity - production 75.23 billion kWh (2001) 11.54 billion kWh (2002)
Exchange rates Ecuador formally adopted the US dollar as legal tender in March 2000 25,000 (2004), 25,000 (2003), 25,000 (2002), 25,000 (2001), 24,988 (2000)
Executive branch chief of state: President Lucio GUTIERREZ (since 15 January 2003); Vice President Alfredo PALACIO (since 15 January 2003); note - the president is both the chief of state and head of government


head of government: President Lucio GUTIERREZ (since 15 January 2003); Vice President Alfredo PALACIO (since 15 January 2003); note - the president is both the chief of state and head of government


cabinet: Cabinet appointed by the president


elections: the president and vice president are elected on the same ticket by popular vote for a four-year term (no immediate reelection); election last held 20 October 2002; runoff election held 24 November 2002 (next to be held NA October 2006)


election results: results of the 24 November 2002 runoff election - Lucio GUTIERREZ elected president; percent of vote - Lucio GUTIERREZ 54.3%; Alvaro NOBOA 45.7%
chief of state: President Alfredo PALACIO (since 20 April 2005); Vice President Nicanor Alejandro SERRANO Aguilar (since 5 May 2005); note - the president is both the chief of state and head of government; former President Lucio GUTIERREZ was removed from office by congress effective 20 April 2005


head of government: President Alfredo PALACIO (since 20 April 2005); Vice President Nicanor Alejandro SERRANO Aguilar (since 5 May 2005); note - the president is both the chief of state and head of government


cabinet: Cabinet appointed by the president


elections: the president and vice president are elected on the same ticket by popular vote for a four-year term (no immediate reelection); election last held 20 October 2002; runoff election held 24 November 2002 (next to be held October 2006)


election results: results of the 24 November 2002 runoff election - Lucio GUTIERREZ elected president; percent of vote - Lucio GUTIERREZ 54.3%; Alvaro NOBOA 45.7%; note - Vice President Alfredo PALACIO assumed the presidency on 20 April 2005 after congress removed Lucio GUTIERREZ from office
Exports NA (2001) 387,000 bbl/day (2004 est.)
Exports - partners US 42.4%, Colombia 5.7%, Germany 5.6% (2003) US 42.9%, Panama 14.3%, Peru 7.9%, Italy 4.6% (2004)
GDP purchasing power parity - $45.65 billion (2003 est.) -
GDP - composition by sector agriculture: 8.7%


industry: 29.7%


services: 61.6% (2003 est.)
agriculture: 8.7%


industry: 30.5%


services: 60.9% (2004 est.)
GDP - per capita purchasing power parity - $3,300 (2003 est.) purchasing power parity - $3,700 (2004 est.)
GDP - real growth rate 2.5% (2003 est.) 5.8% (2004 est.)
Heliports 1 (2003 est.) 1 (2004 est.)
Highways total: 43,197 km


paved: 8,164 km


unpaved: 35,033 km (2000)
total: 43,197 km


paved: 8,164 km


unpaved: 35,033 km (2002)
Household income or consumption by percentage share lowest 10%: 2.2%


highest 10%: 33.8% (1995)
lowest 10%: 2%


highest 10%: 32%


note: data for urban households only (October 2003)
Imports NA (2001) NA
Imports - commodities consumer goods, industrial raw materials, capital goods vehicles, medicinal products, telecommunications equipment, electricity
Imports - partners US 23.9%, Colombia 12.8%, Venezuela 7.1%, Brazil 6.1%, Chile 4.8%, Japan 4.2% (2003) US 16.5%, Colombia 14.1%, China 9.2%, Venezuela 7.1%, Brazil 6.5%, Chile 4.6%, Japan 4.5%, Mexico 4.3% (2004)
Industrial production growth rate 5.3% (2003 est.) 10% (2004 est.)
Infant mortality rate total: 24.49 deaths/1,000 live births


male: 29.34 deaths/1,000 live births


female: 19.4 deaths/1,000 live births (2004 est.)
total: 23.66 deaths/1,000 live births


male: 28.36 deaths/1,000 live births


female: 18.72 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 7.9% (2003 est.) 2% (2004 est.)
International organization participation CAN, 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, Mercosur (associate), MIGA, MINUSTAH, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNOCI, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO CAN, CSN, 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, Mercosur (associate), MIGA, MINUSTAH, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNOCI, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO
Judicial branch Supreme Court or Corte Suprema; note - per the Constitution, new justices are elected by the full Supreme Court; In December 2004, however, Congress successfully replaced the entire court via a simple-majority resolution Supreme Court or Corte Suprema (according to the Constitution, new justices are elected by the full Supreme Court; in December 2004, however, Congress successfully replaced the entire court via a simple-majority resolution)
Labor force 4.36 million (urban) (2003) 4.53 million (urban) (2004 est.)
Labor force - by occupation agriculture 30%, industry 25%, services 45% (2001 est.) agriculture 8%, industry 24%, services 68% (2001)
Legislative branch 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-FA 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
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 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-FA 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: 76.01 years


male: 73.15 years


female: 79 years (2004 est.)
total population: 76.21 years


male: 73.35 years


female: 79.22 years (2005 est.)
Merchant marine total: 34 ships (1,000 GRT or over) 241,403 GRT/391,898 DWT


by type: cargo 2, chemical tanker 4, liquefied gas 1, passenger 5, petroleum tanker 21, specialized tanker 1


foreign-owned: Greece 1, Paraguay 1, Peru 1


registered in other countries: 3 (2004 est.)
total: 31 ships (1,000 GRT or over) 241,403 GRT/391,898 DWT


by type: chemical tanker 2, liquefied gas 1, passenger 8, petroleum tanker 20


foreign-owned: 3 (Germany 1, Greece 1, Paraguay 1) (2005)
Military branches Army, Navy (including Marines), Air Force, National Police Army, Navy (includes Naval Infantry, Naval Aviation, Coast Guard), Air Force (Fuerza Aerea Ecuatoriana, FAE)
Military expenditures - dollar figure $650 million (2003) $655 million (2004)
Military expenditures - percent of GDP 2.4% (2003) 2.2% (2004)
Military manpower - availability males age 15-49: 3,440,371 (2004 est.) -
Military manpower - fit for military service males age 15-49: 2,315,808 (2004 est.) -
Military manpower - reaching military age annually males: 132,476 (2004 est.) -
Net migration rate -8.58 migrant(s)/1,000 population (2004 est.) -6.07 migrant(s)/1,000 population (2005 est.)
Population 13,212,742 (July 2004 est.) 13,363,593 (July 2005 est.)
Population below poverty line 65% (2003 est.) 45% (2001 est.)
Population growth rate 1.03% (2004 est.) 1.24% (2005 est.)
Ports and harbors Esmeraldas, Guayaquil, La Libertad, Manta, Puerto Bolivar, San Lorenzo Esmeraldas, Guayaquil, La Libertad, Manta, Puerto Bolivar
Railways total: 966 km


narrow gauge: 966 km 1.067-m gauge (2003)
total: 966 km


narrow gauge: 966 km 1.067-m gauge (2004)
Religions Roman Catholic 95% Roman Catholic 95%, other 5%
Sex ratio at birth: 1.05 male(s)/female


under 15 years: 1.04 male(s)/female


15-64 years: 0.99 male(s)/female


65 years and over: 0.88 male(s)/female


total population: 1 male(s)/female (2004 est.)
at birth: 1.05 male(s)/female


under 15 years: 1.04 male(s)/female


15-64 years: 0.99 male(s)/female


65 years and over: 0.88 male(s)/female


total population: 1 male(s)/female (2005 est.)
Total fertility rate 2.78 children born/woman (2004 est.) 2.72 children born/woman (2005 est.)
Unemployment rate 9.8%; note - underemployment of 47% (2003 est.) 11.1%; note - underemployment of 47% (2004 est.)
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