As of 2021, Ecuador has a population of 17.9 million, making it the 67th largest country in the world by this measure. There are 50% males and 50% females.

There are 8 million people employed in Ecuador, with an unemployment rate of 4.4% – 431,070 people.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more


Ecuador is the 187th largest economy in the world with a GDP of $111.1bn. Ecuador’s GDP has grown by 59% between 2010 and 2021 and is expected to grow by 13% by 2025.

As of 2015 there were 669,437 students in tertiary education in Ecuador, with 1.9 million students in secondary and 1.9 million in primary education. Ecuador spent 6.3% of its GDP on education in 2019.

Ecuador ranked 129th in the World Bank’s Doing Business Report (2020). In the 2019 report it finished 123rd. In the World Economic Forum’s Global Competitiveness Report (2019), Ecuador finished 90th, after ranking 90th in 2018.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Public healthcare expenditure totalled $4.7bn and private healthcare expenditure equalled $4.1bn in 2018.