Ecuador

Core Facts

• Population:  16.35 M
• GDP:  USD 100 billion
• GDP per head:  USD 5,367
• Unemployment (2017):  5.2%
• Average monthly wages (2017):  USD 478

Regulatory

• Government debt:  33% of GDP
• Personal income tax:  35%
• Corporation tax:  22%
• World corruption ranking 2016:  120th  Transparency International
• Ease of doing business ranking:  114th  Business Freedom Index
• Labour law:  ILO Conventions ratified
• Data protection:  Not recognised by EU as having adequate protection