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ECUADOR Fact sheets are updated biannually; June and December General information Capital: Land area: Official language(s): Population: Currency: Quito 248,360 sq km Spanish 16.3 million (2015) United States Dollar Head of State and Head of Government Constitutional President HE Mr Lenín Moreno Garcés 2011 2012 2013 2014 2015 2016 79.3 5,192.9 150.7 9,869.0 7.9 -0.4 -0.5 4.5 4.2 87.9 5,664.9 162.1 10,443.7 5.6 -0.2 -0.2 5.1 4.1 94.8 6,008.1 172.2 10,917.1 4.6 -1.0 -1.0 2.7 4.2 100.9 6,296.5 181.7 11,339.3 3.7 -0.6 -0.6 3.6 3.8 100.9 6,196.5 184.2 11,317.1 0.3 -2.2 -2.2 4.0 4.8 99.1 5,996.7 182.4 11,036.6 -2.3 -1.5 -1.5 2.4 6.1 Economic indicators (a) GDP (US$b) (current prices) GDP per capita (US$) GDP PPP (Int'l $b) GDP per capita PPP (Int'l $) Real GDP growth (% change yoy) Current account balance (US$b) Current account balance (% GDP) Inflation (% change yoy) Unemployment (% labour force) Australia's trade and investment relationship with Ecuador (b) Australian merchandise trade with Ecuador, 2015-16 (A$000) Exports to Ecuador 14,752 Imports from Ecuador 33,650 Total merchandise trade (exports + imports) 48,403 Major Australian exports, 2015-16 (A$000) Aluminium Paper & paperboard Sugars, molasses & honey Heating & cooling equipment & parts 5,365 2,942 1,758 848 Australia's trade in services with Ecuador, 2015-16 (A$m) Exports of services to Ecuador Imports of services from Ecuador 32 23 Total share 0.0% 0.0% 0.0% Rank 101st 77th 94th Major Australian imports, 2015-16 (A$000) Animal feed Crude vegetable matter, nes Fruit, prepared or preserved Cocoa Total share 0.0% 0.0% Australia's investment relationship with Ecuador, 2015 (A$m) Australia's investment in Ecuador Ecuador's investment in Australia Growth (yoy) -15.8% 27.7% 10.3% 11,065 6,671 3,045 2,597 Rank 79th 92nd Growth (yoy) -15.8% -4.2% Total 20 np FDI np 0 Ecuador's global merchandise trade relationships Ecuador's principal export destinations, 2015 1 United States 2 Chile 3 Peru 43 Australia 39.4% 6.2% 5.1% 0.1% Ecuador's principal import sources, 2015 1 United States 2 China 3 Colombia 51 Australia 23.8% 19.0% 7.5% 0.1% Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources. (a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable. (b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December. All data may be subject to future revisions. GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified