Ecuador
Republic of EcuadorRepublica del Ecuador
republicIndependence 24 May 1822 (from Spain)
Ecuador as the 1995 edition of the CIA World Factbook published it: 84 fields, one of 36 editions from 1990 to 2025.
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Geography
Western South America, bordering the Pacific Ocean at the | Equator, between Colombia and Peru
14 fieldsLand useshare of 283,560 sq km
Location
Western South America, bordering the Pacific Ocean at the Equator, between Colombia and Peru
Terrain
coastal plain (costa), inter-Andean central highlands (sierra), and flat to rolling eastern jungle (oriente)
Environment
- current issues:
- deforestation;
- soil erosion;
- desertification;
- water pollution
- natural hazards:
- frequent earthquakes, landslides, volcanic activity; periodic droughts
- international agreements:
- party to - Antarctic-Environmental Protocol, Antarctic Treaty, Biodiversity, Climate Change, Endangered Species, Hazardous Wastes, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Wetlands;
- signed, but not ratified - Tropical Timber 94
People
15 fieldsPer 1,000 population(1995 est.)
Male · female(1995 est.)
Age structure
- 0-14 years:
- 36% (female 1,928,977; male 1,990,036)
- 15-64 years:
- 60% (female 3,281,575; male 3,230,082)
- 65 years and over:
- 4% (female 244,862; male 215,418) (July 1995 est.)
Government
Republic
23 fieldsLegislature, 77 seatsone dot, one seat
Names
- conventional long form:
- Republic of Ecuador
- conventional short form:
- Ecuador
- local long form:
- Republica del Ecuador
- local short form:
- Ecuador
Administrative divisions
- 21 provinces (provincias, singular - provincia);
- Azuay, Bolivar, Canar, Carchi, Chimborazo, Cotopaxi, El Oro, Esmeraldas, Galapagos, Guayas, Imbabura, Loja, Los Rios, Manabi, Morona-Santiago, Napo, Pastaza, Pichincha, Sucumbios, Tungurahua, Zamora-Chinchipe
Suffrage
18 years of age; universal, compulsory for literate persons ages 18-65, optional for other eligible voters
Executive branch
- chief of state and head of government:
- President Sixto DURAN-BALLEN Cordovez (since 10 August 1992);
- Vice President Alberto DAHIK Garzoni (since 10 August 1992);
- election runoff election held 5 July 1992 (next to be held NA 1996);
- results - Sixto DURAN-BALLEN elected as president and Alberto DAHIK elected as vice president
- cabinet:
- Cabinet; appointed by the president
National Congress (Congreso Nacional)
- elections last held 1 May 1994 (next to be held 1 May 1996);
- results - percent of vote by party NA;
- seats - (77 total) PSC 25, PRE 11, MPD 8, ID 7, DP 7, PCE 7, PUR 2, CFP 2, APRE 2, PSE 1, FRA 1, PLRE 1, LN 1, independents 2
Center-Right parties
- Social Christian Party (PSC), Jaime NEBOT Saadi, president;
- Republican Unity Party (PUR), President Sixto DURAN-BALLEN, leader;
- Ecuadorian Conservative Party (PCE), Vice President Alberto DAHIK, president
Center-Left parties
- Democratic Left (ID), Andres VALLEJO Arcos, Rodrigo BORJA Cevallos, leaders;
- Popular Democracy (DP), Rodrigo PAZ, leader;
- Ecuadorian Radical Liberal Party (PLRE), Medardo MORA, leader;
- Radical Alfarista Front (FRA), Jaime ASPIAZU Seminario, director
- populist parties:
- Roldista Party (PRE), Abdala BUCARAM Ortiz, director;
- Concentration of Popular Forces (CFP), Rodolfo BAQUERIZO Nazur, leader;
- Popular Revolutionary Action (APRE), Frank VARGAS Passos, leader
Far-Left parties
- Popular Democratic Movement (MPD), Juan Jose CASTELLO, leader;
- Ecuadorian Socialist Party (PSE), Leon ROLDOS, leader;
- Broad Leftist Front (FADI), Rene Mauge MOSQUERA, chairman;
- Ecuadorian National Liberation (LN), Alfredo CASTILLO, director
Communists
Communist Party of Ecuador (PCE, pro-North Korea), Rene Mauge MOSQUERA, Secretary General; Communist Party of Ecuador/Marxist-Leninist (PCMLE, Maoist)
Member of
AG, ECLAC, FAO, G-11, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC, IOM, ITU, LAES, LAIA, NAM, OAS, OPANAL, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in US
- chief of mission:
- Ambassador Edgar TERAN Teran
- chancery:
- 2535 15th Street NW, Washington, DC 20009
- telephone:
- [1] (202) 234-7200
- consulate(s) general:
- Chicago, Houston, Los Angeles, Miami, New Orleans, New York, and San Francisco
- consulate(s):
- Newark
US diplomatic representation
- chief of mission:
- Ambassador Peter F. ROMERO
- embassy:
- Avenida 12 de Octubre y Avenida Patria, Quito
- mailing address:
- APO AA 34039-3420
- telephone:
- [593] (2) 562-890, 561-624, 561-749
Flag
- 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 that is shorter and does not bear a coat of arms
Economy
Ecuador has substantial oil resources and rich agricultural | areas.
19 fieldsInstalled generating capacity, 2,230,000 kW
Overview
Ecuador has substantial oil resources and rich agricultural areas. Growth has been uneven in recent years because of fluctuations in prices for Ecuador's primary exports - oil and bananas - as well as because of government policies designed to curb inflation. President Sixto DURAN-BALLEN launched a series of macroeconomic reforms when he came into office in August 1992 which included raising domestic fuel prices and utility rates, eliminating most subsidies, and bringing the government budget into balance.
These measures helped to reduce inflation from 55% in 1992 to 25% in 1994. DURAN-BALLEN has a much more favorable attitude toward foreign investment than his predecessor and has supported several laws designed to encourage foreign investment. Ecuador has implemented free or complementary trade agreements with Bolivia, Chile, Colombia, Peru, and Venezuela, as well as applied for World Trade Organization membership.
Ecuador signed a standby agreement with the IMF and rescheduled its $7.6 billion commercial debt in 1994 thereby regaining access to multilateral lending. Growth in 1994 speeded up to 3.9%, based on increased exports of bananas and non-traditional products, while international reserves increased to a record $1.6 billion.
Exports
$3.3 billion (f.o.b., 1994 est.)
- commodities:
- petroleum 39%, bananas 17%, shrimp 16%, cocoa 3%, coffee 6%
- partners:
- US 42%, Latin America 29%, Caribbean, EU countries 17%
Imports
$3 billion (f.o.b., 1994 est.)
- commodities:
- transport equipment, consumer goods, vehicles, machinery, chemicals
- partners:
- US 28%, EU 17%, Latin America 31%, Caribbean, Japan
Industries
petroleum, food processing, textiles, metal work, paper products, wood products, chemicals, plastics, fishing, lumber
Agriculture
- accounts for 14% of GDP (including fishing and forestry);
- leading producer and exporter of bananas and balsawood;
- other agricultural exports - coffee, cocoa, fish, shrimp;
- other crops - rice, potatoes, manioc, plantains, sugarcane;
- livestock products - cattle, sheep, hogs, beef, pork, dairy products;
- net importer of foodgrains, dairy products, and sugar
Illicit drugs
- significant transit country for derivatives of coca originating in Colombia, Bolivia, and Peru;
- minor illicit producer of coca;
- importer of precursor chemicals used in production of illicit narcotics;
- important money-laundering hub
Economic aid
- recipient:
- US commitments, including Ex-Im (FY70-89), $498 million;
- Western (non-US) countries, ODA and OOF bilateral commitments (1970-91), $2.39 billion;
- Communist countries (1970-89), $64 million
Exchange rates
sucres (S/) per US$1 - 1,198.1 (December 1994), 2,196.7 (1994), 1,919.1 (1993), 1,534.0 (1992), 1,046.25 (1991), 767.8 (1990), 767.78 (1990), 526.35 (1989)
Transportation
7 fieldsAirports by runway lengthpaved left, unpaved right · 175 in all
Networkskm
Merchant marine
- total:
- 33 ships (1,000 GRT or over) totaling 222,822 GRT/326,447 DWT
- ships by type:
- bulk 1, cargo 2, container 2, liquefied gas tanker 2, oil tanker 13, passenger 3, refrigerated cargo 10
Communications
3 fieldsTelephone system
- 318,000 telephones;
- 30 telephones/1,000 persons;
- domestic facilities generally inadequate and unreliable
- local:
- NA
- intercity:
- NA
- international:
- 1 INTELSAT (Atlantic Ocean) earth station
Defense Forces
Army (Ejercito Ecuatoriano), Navy (Armada Ecuatoriana, | includes Marines), Air Force (Fuerza Aerea Ecuatoriana), National | Police
3 fieldsBranches
Army (Ejercito Ecuatoriano), Navy (Armada Ecuatoriana, includes Marines), Air Force (Fuerza Aerea Ecuatoriana), National Police
Manpower availability
- males age 15-49 2,814,867;
- males fit for military service 1,903,979;
- males reach military age (20) annually 113,985 (1995 est.)
Cite this entry
Central Intelligence Agency. “Ecuador.” The World Factbook 1995. Archived by The Factbook, thefactbook.org/ecuador/1995.