Ecuador Economy

The Ecuadorian economy, with a population of 15.2 (est. 2011),is rated 58th in the world with a GDP PPP of $159 Billion and GDP PPP per capita of $10,080 vs. $53,101 (United States) according to the IMF in 2013. The currency used in the country is the United States dollar (USD) that is issued by the US Federal Reserve. Local banks in the country offer personal banking 'Banca Personas' products that include current accounts (Corriente),savings accounts (Ahorros) and deposits (Depůsitos a Plazo). inflation was estimated to be 2.6% in 2013 and 4.5% in 2012 according to the US CIA website.