Ecuador Economy

Published by OurEconomy.org on February 1, 2010 filed under Ecuador Economy   ·   Comments (0)
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Ecuador Economy  | read this item

Ecuador is characterized as a country with a lower middle-income country according to the classification of the World Bank performed in 2005.

The total surface of Ecuador comes up to 283.6 thousand square kilometers and 118.4 thousand square kilometers of a forest area.

When analyzing social indicators we calculate 13.0 million people and define 1.4 % for a growth rate. 74.5 years is the existing life expectancy in this country.

The Gross National Income, Atlas method touched $28.9 billion in 2004. The GDP of Ecuador performed $30.3 billion with a growth an average growth 6.9%.

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