The economy reported growth of 1.2% in the first quarter of 2024 due to a reduction in imports and an accumulation of inventories
In the first quarter of 2024, the Gross Domestic Product (GDP) of Ecuador grew by 1.2% compared to the same period in 2023. This behavior
Ecuadorean economy recorded a growth of 2.4% in 2023
In 2023, Ecuador’s Gross Domestic Product (GDP) grew by 2.4%[1], lower than the 6.2% growth achieved in 2022. This growth was driven by the dynamism
The number of operations with electronic means of payment tripled between 2019 and 2023
In the last five years, the use of electronic means of payment in Ecuador has increased by companies and citizens, reflecting greater confidence in this
THE CENTRAL BANK OF ECUADOR RECORDED THE HIGHEST LEVEL OF NET PROFITS SINCE THE BEGINNING OF DOLLARIZATION
The Central Bank of Ecuador (BCE), in compliance with the provisions of Article 31 of the Organic Monetary and Financial Code (COMF), published its audited
PROPER FUNCTIONING OF DOLLARIZATION REQUIRES AN URGENT COMPREHENSIVE RESTRUCTURING OF PUBLIC FINANCES
Good management of public finances by the National Government is one of the main aspects for the proper functioning of the dollarization system in Ecuador.
SUBSCRIPTION OF THE FREE TRADE AGREEMENT WITH CHINA: A GREAT OPPORTUNITY FOR ECUADOR
The Free Trade Agreement (FTA) between Ecuador and China would mark a historic milestone for our country as the first trade agreement with an Asian