Ecuador

South America · US dollar (USD) · 18.3 million people

Inflation

1.3%

▼ 0.3 pt since June · Jul 2026

GDP per person

US$7,125

2025

Inflation

Inflation was 1.3% in Jul 2026, down from 1.7% in June.

Monthly, consumer prices year on year.

Exchange rates

Ecuador uses the US dollar. Closing rates on 17 Oct 2026. Changes are over 30 days.

Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates

Cost of living

Minimum wage

Monthly, full time · 2024

$39 a month

Minimum wage from ILOSTAT.

Economy at a glance

GDP per person at PPP

2025 · international dollars

US$16,800

Population

2025

18.3 million

▲ 0.9% vs 2024

Prices in Ecuador

Subscription prices here, with tax, compared with other countries.

Sources and method

Figures from the IMF, the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer

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