Ecuador PESTLE Insights - A Macroeconomic Outlook Report
Summary
Mining, manufacturing and utilities activities contributed 23.27% to the gross value added (GVA) in 2019, followed by wholesale, retail and hotels (12.72%), and construction (11.84%). According to GlobalData, the three sectors are expected to contract by -0.48%, -2.33% and -3.77%, respectively, in 2020.
Overall, the Ecuador general index exhibited an upward trend over the last year. As of November 20, 2020, the Ecuador general index stood at 1,358.75, compared to 1,324.30 on November 20, 2019
Scope
Reasons to Buy
Summary
Mining, manufacturing and utilities activities contributed 23.27% to the gross value added (GVA) in 2019, followed by wholesale, retail and hotels (12.72%), and construction (11.84%). According to GlobalData, the three sectors are expected to contract by -0.48%, -2.33% and -3.77%, respectively, in 2020.
Overall, the Ecuador general index exhibited an upward trend over the last year. As of November 20, 2020, the Ecuador general index stood at 1,358.75, compared to 1,324.30 on November 20, 2019
Scope
- As per World Bank's logistics performance index (LPI), transport and logistic infrastructure in Ecuador improved over the last two years with an increase in rank from 74th to 62nd out of 160 countries in 2018
- The Guayas and Pichincha provinces are the two major regions in Ecuador, accounting for 43% of the total population and 50.9% of total GDP, as per the latest available data
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country's GDP and population along with major companies’ presence in these areas.
Table of Contents
- List of Exhibits
- Did you Know?
- Country Highlights
- COVID-19 Impact
- Country Snapshot
- PESTLE Insights
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
List of Figures
Exhibit 1: Ecuador’s Performance in terms of its Country Risk Analysis in Comparison to Latin America and the World Average
Exhibit 2: Performance Overview (score: 1-100)
Exhibit 3: Broad Categories and Weights Behind the Index
Exhibit 4: Ecuador General Index
Exhibit 5: Key Sectors’ Contribution to the Economy (2015-2022f)
Exhibit 6: Total FDI Inflows (Q1 2018-Q2 2020) and FDI by Sector (Q2 2019-Q2 2020)
Exhibit 7: FDI by Country (Q2 2019-Q2 2020) and Sectors’ Share of Total FDI Inflow (Q1 2019 and Q1 2020)
Exhibit 8: Key Infrastructure Indicators
Exhibit 9: Real GDP and Household Consumption Growth Rate (2015-2022f)
Exhibit 10: Real GDP Growth Rate Comparison (2019)
Exhibit 11: Export, Import and Trade Balance (2015-2019)
Exhibit 12: Current Account Balance (2015-2022f)
Exhibit 13: Top Three Commodity Exports, % of Total Exports (2015-2019)
Exhibit 14: Mineral Fuels, Mineral Oils and Products of their Distillation, % of World Total Exports (2019)
Exhibit 15: Interest Rates (November 2015 - November 2020)
Exhibit 16: Exchange Rate and Inflation Rate (2015-2022f)
Exhibit 17: Public Finance (2015-2022f)
Exhibit 18: General Government Debt (2015-2022f)
Exhibit 19: Unemployment (2015-2019)
Exhibit 20: Average Annual Wages (2015-2022f)
Exhibit 21: Labor Force Participation Rate (2015-2019)
Exhibit 22: Rural/Urban Share of Total Population ((1995, 2005, 2015, 2025f)
Exhibit 23: Age-group Share of Total Population (1995, 2005, 2015, 2025f)
Exhibit 24: Gender Split (1995, 2005, 2015, 2025f)
Exhibit 25: Internet Users % of Total Population, Mobile Penetration Rate and Broadband Penetration Rate (2019)
Exhibit 26: Number of Patents Granted Per Million People (2019)
Exhibit 27: High-technology Exports (% of Manufactured Exports) (2019 or Latest Available Data)
Exhibit 28: Doing Business in Ecuador 2020
Exhibit 29: Corruption Perception Index (2019)
Exhibit 30: CO2 Emissions (2015-2019)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- DelBank
- Aeromaster
