×
Ecuador

Facts and stats about Ecuador

Edsel.G

Author: Edsel.G

Ecuador is a country in South America which, along with some of its neighboring countries, forms a part of the huge and advanced Inca Empire. When the Spanish Conquistadors came, the Inca civilization slowly began to crumble, and the former rapidly expanded inwards. Spain completed the colonization of Ecuador, then known as Quinto, in 1533.

In the 18th century, Quinto formed an alliance with the other Spanish colonies in the continent and fought against the Spaniards to gain independence. The war was won, and Gran Colombia was formed (composed of present-day Colombia, Panama, Peru, and Venezuela). However, the supposedly mighty union of countries fell apart in less than a decade, and Quinto became an independent state. However, the country adopted a new name: Republica del Ecuador, which literally means Republic of the Equator.

The size of the modern-day Ecuador has been significantly reduced from its original size mainly due to conflicts with its neighbors. The country experiences some form of political instability in the last several decades, resulting in the mid-term ouster of three of its presidents. However, significant reforms have been made and the poverty rate of the country was alleviated.

Ecuador is an oil-exporting country, although its global contribution is dwarfed by other oil exporters. Nonetheless, the oil revenues form a large part of the country’s total GDP. Economic growth is uneven and unstable, but an upward trend is perceived by major banks.

15.44 million

Population. Ranked 67th in 2013.

$5,424.63

GDP per capita. Ranked 88th in 2012.

Borders

Colombia 590 km, Peru 1,420 km
Largest city Quito - 1,500,000
Capital city Quito - 1,500,000
Major language Spanish, indigenous languages
Major religion Christianity
Monetary unit US dollar
Alternative names Republic of Ecuador, Ecuador, Republica del Ecuador
Groups Group object, Group object, Group object, Group object, Group object, Group object

Interesting observations about Ecuador

  • Ecuador ranked first for currency > official exchange rate > LCU per US$, period average amongst Hot countries in 2006.
  • Ecuador ranked first for maritime claims > territorial sea amongst Christian countries in 2013.
  • Ecuador ranked first for biodiversity > plant species > higher, threatened globally in 2013.
  • Ecuador ranked first for sex ratio > 65 years and over amongst Latin America and Caribbean in 2013.
  • Ecuador ranked #14 for population amongst Catholic countries in 2013.
  • Ecuador ranked 9th last for GDP per capita amongst Former Spanish colonies in 2012.
  • Ecuador has ranked last for maritime claims > continental shelf since 2010.

2

Ecuador is a country in South America which, along with some of its neighboring countries, forms a part of the huge and advanced Inca Empire. When the Spanish Conquistadors came, the Inca civilization slowly began to crumble, and the former rapidly expanded inwards. Spain completed the colonization of Ecuador, then known as Quinto, in 1533.

In the 18th century, Quinto formed an alliance with the other Spanish colonies in the continent and fought against the Spaniards to gain independence. The war was won, and Gran Colombia was formed (composed of present-day Colombia, Panama, Peru, and Venezuela). However, the supposedly mighty union of countries fell apart in less than a decade, and Quinto became an independent state. However, the country adopted a new name: Republica del Ecuador, which literally means Republic of the Equator.

The size of the modern-day Ecuador has been significantly reduced from its original size mainly due to conflicts with its neighbors. The country experiences some form of political instability in the last several decades, resulting in the mid-term ouster of three of its presidents. However, significant reforms have been made and the poverty rate of the country was alleviated.

Ecuador is an oil-exporting country, although its global contribution is dwarfed by other oil exporters. Nonetheless, the oil revenues form a large part of the country’s total GDP. Economic growth is uneven and unstable, but an upward trend is perceived by major banks.

Posted on 06 Apr 2014

Edsel.G

Edsel.G

247 Stat enthusiast

0

Quito is not the ecuadorian biggest city. It is Guayaquil

Posted on 27 Jul 2009

José Camposano

José Camposano

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add www.nationmaster.com to your ad blocking whitelist or disable your adblocking software.

×