Ecuador has had a sustained growth in its economy, becoming one of the best economies in the region. The Gross Domestic Product (GDP) grew by 4.0% in 2014 compared to 2013, recording a total of 101.094 million dollars.

crecimiento_pib1

Source: Central Bank of Ecuador

Regarding to the annual inflation to February of this year, Ecuador is among the countries with the lowest inflation in the continent, far below the average in the region.

inflacion1

Source: Central Bank of Ecuador

Elaboration: Business Intelligence Department

Ecuador receives investment that demonstrates the confidence in the country is growing, and more and more companies are established in Ecuador. Capital received in 2013 was 1,113 million dollars, representing a significant growth of 19.4% compared to 2012. For the third quarter of 2014 an investment of $ 600 million was recorded.

indice_confianza

indice_confianza

Source: Central Bank of Ecuador

Elaboration: Business Intelligence Department

Ecuador is one of the countries that combat unemployment following the creation of human capital, education and training to increase the value of the productive force of the country. In 2014, an unemployment rate of 4.2% was recorded, one of the lowest in the region. Meanwhile, more than 6 million 800 thousand people have gained employment commensurate with their abilities and needs.

empleo_calidad

empleo_calidad

Source: Central Bank of Ecuador

Thanks to a more efficient tax collection policy, and the effective combating tax evasion, the Internal Revenue Service has been an increase of 137% in tax revenues since 2007. In 2014 a record number, which borders occurred 13 million, 750,000 thousand dollars. Thanks to this, the state can invest more resources in infrastructure, public works and strategic sectors that promote investment.

recaudacion

recaudacion

Source: Internal Revenue Service

The fight against poverty has been the main mission of the Ecuadorian Government. By recognizing labor rights as well as the countless efforts to improve human capital; they have significantly reduced poverty and inequality indexes. In 2014, it has registered the lowest level of poverty measured by purchasing power, which for the first time in history is located in the single digits.

reduccion_pobreza1

Source: Ecuadorian Institute of Statistics and Censuses

Elaboration: Business Intelligence Department