Ecuador is the 93 least corrupt nation out of 180 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International.

Ecuador scored 38 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International.

Ecuador Interbank Weighted Average Rate was quoted at 1.25 percent on Thursday January 23.

The benchmark interest rate in Ecuador was last recorded at 8.78 percent.

Cost of food in Ecuador decreased 0.63 percent in December of 2019 over the same month in the previous year.

Standard & Poor's credit rating for Ecuador stands at B- with stable outlook. Moody's credit rating for Ecuador was last set at B3 with negative outlook. Fitch's credit rating for Ecuador was last reported at B- with stable outlook.

Consumer Credit in Ecuador increased to 27152.60 USD Million in November from 26869.80 USD Million in October of 2019.

Loans to Private Sector in Ecuador increased to 17039.90 USD Million in November from 16942.90 USD Million in October of 2019.

The Gross Domestic Product (GDP) in Ecuador expanded 0.14 percent in the third quarter of 2019 over the previous quarter.

The economy of Ecuador shrank 0.1 percent year-on-year in the third quarter of 2019, after expanding 0.6 percent in the previous period. It was the first contraction since the third quarter of 2016, as output shrank further in petroleum refining (-29.1 percent vs -26.7 percent in Q2); trade (-1.3 percent vs -1 percent); and public administration (-5.5 percent vs -4.6 percent). Also, education, social services & health contracted 0.5 percent, after growing 2.7 percent in the second quarter of the year. Additionally, growth slowed in agriculture & shrimp fishing (12.8 percent vs 14.6 percent); professional activities (2.8 percent vs 3.7 percent); utilities (1.5 percent vs 6.8 percent); restaurants & hotels (2.3 percent vs 3 percent); and financial services (2.8 percent vs 3.7 percent). On a quarterly basis, the economy grew 0.4 percent, rebounding from a 0.9 percent contraction in the prior period.