to petroleumprice swings and financial crises.
GDP (purchasing power parity):
$49.51 billion (2004 est.)
GDP - real growth rate:
5.8% (2004 est.)
GDP - per capita:
purchasing power parity - $3,700 (2004 est.)
GDP - composition by sector: agriculture: 8.7% industry: 30.5% services: 60.9% (2004 est.)
Labor force:
4.53 million (urban) (2004 est.)
Labor force - by occupation:
agriculture 8%, industry 24%, services 68% (2001)
Unemployment rate:
11.1%; note - underemployment of 47% (2004 est.)
Population below poverty line:
45% (2001 est.)
Household income or consumption by percentage share: lowest 10%: 2% highest 10%: 32% note: data for urban households only (October 2003)
Distribution of family income - Gini index:
42
note: data are for urban households (2003)
Inflation rate (consumer prices):
2% (2004 est.)
Investment (gross fixed):
20.6% of GDP (2004 est.)
Budget:
revenues: $7.9 billion
expenditures: planned $7.3 billion, including capital expenditures
of $1.6 billion (2004 est.)
Public debt:
49.2% of GDP (2004 est.)
Agriculture - products:
bananas, coffee, cocoa, rice, potatoes, manioc (tapioca),
plantains, sugarcane; cattle, sheep, pigs, beef, pork, dairy
products; balsa wood; fish, shrimp
Industries:
petroleum, food processing, textiles, wood products, chemicals
Industrial production growth rate:
10% (2004 est.)
Electricity - production:
11.54 billion kWh (2002)
Electricity - production by source: fossil fuel: 81% hydro: 19% nuclear: 0% other: 0% (2001)
Electricity - consumption:
10.79 billion kWh (2002)
Electricity - exports:
0 kWh (2002)
Electricity - imports:
57 million kWh (2002)
Oil - production:
523,000 bbl/day (2004 est.)
Oil - consumption:
129,000 bbl/day (2001 est.)
Oil - exports:
387,000 bbl/day (2004 est.)
Oil - imports:
NA
Oil - proved reserves:
4.408 billion bbl (2004 est.)
Natural gas - production:
160 million cu m (2001 est.)
Natural gas - consumption:
160 million cu m (2001 est.)
Natural gas - exports:
0 cu m (2001 est.)
Natural gas - imports:
0 cu m (2001 est.)
Natural gas - proved reserves:
106.5 billion cu m (2004)
Current account balance:
$261.1 million (2004 est.)
Exports:
$7.56 billion (2004 est.)
Exports - commodities:
petroleum, bananas, cut flowers, shrimp
Exports - partners:
US 42.9%, Panama 14.3%, Peru 7.9%, Italy 4.6% (2004)
Imports:
$7.65 billion (2004 est.)
Imports - commodities:
vehicles, medicinal products, telecommunications equipment,
electricity
Imports - partners:
US 16.5%, Colombia 14.1%, China 9.2%, Venezuela 7.1%, Brazil 6.5%,
Chile 4.6%, Japan 4.5%, Mexico 4.3% (2004)
Reserves of foreign exchange and gold:
$1.436 billion (December 2004 est.)
Debt - external:
$16.81 billion (2004 est.)
Economic aid - recipient:
$216 million (2002)
Currency (code):
US dollar (USD)
Currency code:
USD
Exchange rates:
25,000 (2004), 25,000 (2003), 25,000 (2002), 25,000 (2001), 24,988
(2000)
Fiscal year:
calendar year
Communications Ecuador
Telephones - main lines in use:
1.549 million (2003)
Telephones
