Ecuador

Ecuador is a country located in the northwestern part of South America, bordered by Colombia to the north, Peru to the south and east, and the Pacific Ocean to the west. The capital is Quito, known for its well-preserved colonial historic center. Ecuador is famous for the Galápagos Islands, located about 1,000 km off its coast, known for their extraordinary wildlife and as an inspiration for Charles Darwin's theory of evolution. Ecuadorian culture is a mix of indigenous influences, particularly those of the Quechua peoples, and Spanish. The country's economy is based on the export of oil, bananas, shrimp, and cocoa, as well as tourism. Ecuador is known for its biodiversity, with the Amazon rainforest, the Andes, and the Pacific coast offering a variety of ecosystems. The country has a history of political instability, but has made significant progress towards stability and democracy in recent years. Population of Ecuador from 2018 to 2020: 2018: Approximately 17.1 million inhabitants. 2019: Approximately 17.3 million inhabitants. 2020: Approximately 17.4 million inhabitants. Capital (Quito): Population in 2020: About 2.7 million inhabitants. Top 10 cities by number of inhabitants in 2020: (Figures are approximate) Guayaquil: ~2.7 million Quito: ~2.7 million Cuenca: ~330,000 Santo Domingo: ~270,000 Machala: ~240,000 Durán: ~235,000 Manta: ~220,000 Portoviejo: ~210,000 Loja: ~180,000 Ambato: ~180,000 Number and name of Administrative Divisions: Ecuador is divided into 24 provinces: Azuay Bolívar Cañar Carchi Chimborazo Cotopaxi El Oro Esmeraldas Galápagos Guayas Imbabura Loja Los Ríos Manabí Morona Santiago Napo Orellana Pastaza Pichincha Santa Elena Santo Domingo de los Tsáchilas Sucumbíos Tungurahua Zamora Chinchipe GDP in millions of dollars from 2018 to 2020: 2018: About $108,398 million. 2019: About $107,435 million. 2020: Approximately $98,808 million (estimate). Public deficit in millions of dollars from 2018 to 2020: 2018: About $3,000 million. 2019: About $3,600 million. 2020: (Data not available at the time of the last update) % GDP/government debt ratio from 2018 to 2020: 2018: About 45.8%. 2019: About 49.0%. 2020: (Data not available at the time of the last update) Unemployment rate % from 2018 to 2020: 2018: About 3.7%. 2019: About 3.8%. 2020: Approximately 6.0% (estimate). Inflation Rate from 2018 to 2020: 2018: About -0.2%. 2019: About 0.3%. 2020: Approximately -0.8% (estimate).