Using the GNI, countries are divided into categories by the world bank. A few sources claim Charles De Gaulle said it first, while others maintain that the United Nations had already begun using the terms in 1945 to describe the economic development of various countries. Soap operas and US series are staple fare on TV. )nuclear: 0% of total installed capacity (2020 est. The Amazon Rainforest in Ecuador is rich in wildlife. World heritage sites are natural or man-made sites legally protected by the United Nations Educational, Scientific and Cultural Organization (UNESCO) for their international value. There are several fascinating facts that Ecuador is known for. Is it expensive to live in Ecuador? Following a successful vaccination campaign and an end to the recession, the current challenge is to focus on vulnerable sectors such as youth, women, indigenous peoples and nationalities, Afro-Ecuadorians and Montubios, and at the same time build up the political and social councils to tackle the immediate collateral effects of the crisis and lay the foundations to promote inclusive and sustainable development in the medium to long term. A liberal supporter of the free market, Mr Lasso ended 14 years of centre-left rule when he won the 2021 presidential election, narrowly beating his socialist opponent Andes Arauz. In Latin America, Ecuadors economy is ranked 8th. But that is not all. Currently, it is estimated that at least 93% of Ecuadorians speak Spanish. The World Bank Group works in every major area of development. Ensure that your equipment is safe and in good condition. Here are some of them. However, an economic crisis that heightened in 1999 caused Ecuadorians to convert their holdings to the US dollar at an exchange rate of $1 to 25,000 Sucre. Protests in Quito contributed to the mid-term ouster of three of Ecuador's last four democratically elected presidents. They were majorly countries in Africa, the Middle East, Latin America, Asia, and some European countries like Switzerland, Finland, and Austria. The World Bank prepares analytical studies and lending operations in specific areas in the country. However, the phrase third world (tiers monde in French) has undergone the process of evolution. Trust funds financed several advisory and technical assistance services in areas such as combating malnutrition, inclusion of disabled persons and improving the efficiency of the social protection system. Ecuador has a small but growing immigrant population and is Latin America's top recipient of refugees; 98% are neighboring Colombians fleeing violence in their country. )spirits: 0.61 liters of pure alcohol (2019 est. The Republic of Ecuador is in South America. )carbon dioxide emissions: 41.15 megatons (2016 est. )tide and wave: 0% of total installed capacity (2020 est. Ecuador continues its efforts to consolidate its macroeconomic stability and avoid an unsustainable increase in the debt. It is a great place to experience the countrys culture. Western South America, bordering the Pacific Ocean at the Equator, between Colombia and Peru, total: 283,561 sq kmland: 276,841 sq kmwater: 6,720 sq kmnote: includes Galapagos Islands, total: 2,237 kmborder countries (2): Colombia 708 km; Peru 1529 km, territorial sea: 12 nmexclusive economic zone: 200 nmcontinental shelf: 200 nmnote: Ecuador has declared its right to extend its continental shelf to 350 nm measured from the baselines of the Galapagos Archipelago, tropical along coast, becoming cooler inland at higher elevations; tropical in Amazonian jungle lowlands, coastal plain (costa), inter-Andean central highlands (sierra), and flat to rolling eastern jungle (oriente), highest point: Chimborazo 6,267lowest point: Pacific Ocean 0 mmean elevation: 1,117 mnote: because the earth is not a perfect sphere and has an equatorial bulge, the highest point on the planet farthest from its center is Mount Chimborazo not Mount Everest, which is merely the highest peak above sea level, agricultural land: 29.7% (2018 est. total: 11,467,989 (2020 est. There are more than 6,000 varieties of Orchids in the country. 1997 - Two million people march through Quito demanding the resignation of President Abdala Bucaram Ortiz after some prices rise by 600%. They may resort to child labour to generate more income. The middle-income republic has a developing economy that is dependent on agricultural and petroleum products. You can get as close to the wildlife as you please. Winter Season In Italy. Even though enrolment to primary schools is over 95%, about 25% of children drop out before getting to the sixth grade. Countries in the world by population (2022) This list includes both countries and dependent territories. African Ecuadoreans make up 7% of Ecuadors population. To achieve this, three things are essential: evidence-based decision. However, the country presents its fair share of issues. Ecuador has amazing people, plenty of attractions, and a stable government. Results achieved in the Country Partnership Framework. The crisis widened the macroeconomic imbalances that the country had struggled to overcome since the middle of the last decade. These indicators are graded using a scale of 01.0. Although Ecuador marked 30 years of civilian governance in 2004, the period was marred by political instability. The countrys public education has been expanded to improve universal literacy. Finally, "Third World" countries were countries that remained neutral and allied with neither side. Projects currently being designed will be submitted to the World Banks Board of Directors before June 30, 2020. (Spanish)The World Factbook, the indispensable source for basic information. In 2017, about 8.7% of the population earned less than $3.20 per day. Well, thats not surprising unless you didnt know that Ecuador is the worlds largest exporter of bananas. The indigenous town is popular for its amazing markets. )note: data are in 2017 dollars, 0.13% (2021 est. If youre hungry to know more, this article paints a clear picture thatd help you understand why Ecuador is categorized as a third-world country. Otavalo Market is a popular attraction for many tourists. The government consists of five arms; the judicial branch, the executive, the electoral branch, the legislative branch, and the Transparency and Social Control. Almost one quarter of the population in Ecuador lives in poverty, most of them in rural areas. There are thirteen indigenous languages spoken in Ecuador. Read Also: Is Jamaica a Third World Country? The government is democratic and presidents have four-year terms. What is a Third World country? Interactive map )industry: 32.9% (2017 est. A big part of the population lives near or below the poverty line. )proven reserves: 10.902 billion cubic meters (2021 est. What are the Biggest Problems Facing Ecuador? note: data are in current year dollars$22.401 billion (2020 est.) It won independence from Spain in the early 19th Century. note: data are in current year dollars$19.877 billion (2020 est.) The "Second World" countries were the Communist Bloc countries, including the Soviet Union, China, and their allies. )crude oil and lease condensate imports: 0 bbl/day (2018 est. It is a perfect gem with lots of attractions and wonderful people. Even though the gap has reduced, there is still a significant gap between the rich and the poor. Health departments, the travel industry, multinational corporations, missionary and volunteer organizations, and travelers can also use this information to help make international travel as healthy and safe as possible. These African-Ecuadorians are descendants of African slaves shipped to Ecuador by Spanish colonists. )geothermal: 0% of total installed capacity (2020 est. Over the years the phrase got a makeover. According to Forbes, Ecuador is among the cheapest countries to live in. The simultaneous progress in the two first areas will facilitate the countrys access to financial markets and will establish the foundations for strengthening institutions as the country advances down its road to development. This could be achieved by means of systematically improving the investment environment to provide opportunities for resuming a growth path that would be less dependent on oil that, in the medium term, could be displaced by renewable energies. Fiscal discipline will therefore play a critical role in preventing the recent oil price increase from generating a new round of procyclical spending growth leading to a drag on spending efficiency, perpetuating macroeconomic imbalances and preventing the creation of fiscal buffers. Developing a human capital with skills adapted to labor market needs, coupled with policies based on evidence and recent information, will drive inclusive growth as well as improve the countrys resilience to disasters and macroeconomic shocks. )proven reserves: 24 million metric tons (2019 est. (We Salute You, Our Homeland)lyrics/music: Juan Leon MERA/Antonio NEUMANEnote: adopted 1948; Juan Leon MERA wrote the lyrics in 1865; only the chorus and second verse are sung, total World Heritage Sites: 5 (3 cultural, 2 natural)selected World Heritage Site locales: Historic Quito (c); Galpagos Islands (n); Historic Cuenca (c); Qhapaq an/Andean Road System (c); Sangay National Park (n), highly informal South American economy; USD currency user; major banana exporter; hard hit by COVID-19; macroeconomic fragility from oil dependency; successful debt restructuring; China funding budget deficits; social unrest hampering economic activity, $189.88 billion (2021 est. a funding and technical assistance program to support the countrys development and growth efforts. Record numbers of guide dog volunteers after BBC story. ), 77.9% (2018/19)note: percent of women aged 15-50, improved: urban: 100% of populationrural: 87.1% of populationtotal: 95.4% of populationunimproved: urban: 0% of populationrural: 12.9% of populationtotal: 4.6% of population (2020 est. )exports: 0 metric tons (2020 est. Otavalo is close to the waterfall Las Cascadas de Peguche and some beautiful lakes. Yes, it is. As of January 2021, Ecuador had 8.3 billion barrels of proved crude oil reserves. Read Also: Is Kenya a Third World Country? The rural poverty rate, at 43 per cent in 2018 , is almost triple the urban rate (15,9). )3.81% (2019 est. It was used from 1884 to 1999. Ecuador's high poverty and income inequality most affect indigenous, mixed race, and rural populations. With respect to transportation, the World Bank mobilized resources to build institutional capacities at the national and sub-national levels to compile and produce statistics on traffic accidents through the National Transit Agency. However, its independence is questionable. 2006 - Socialist Rafael Correa wins presidential election, launches social reform programme to alleviate poverty and extend state ownership of the oil industry. From January through October 4, 2020 . Spanish (Castilian) 93% (official), Quechua 4.1%, other indigenous 0.7%, foreign 2.2%; note - (Quechua and Shuar are official languages of intercultural relations; other indigenous languages are in official use by indigenous peoples in the areas they inhabit) (2010 est. You dont have to empty your account to live in Ecuador. The 911 emergency number reported 38,288 calls linked to violence against women between March 12 and July 20, 2020, receiving 290 calls a day on average. The Top Cocoa Producing Countries In The World. Many women in Ecuador are at risk of getting unsafe abortions for the fear of prosecution. 21 deaths in 1000 live births. In 2020, Ecuador was the fifth-largest oil producer in South America behind Brazil, Colombia, . ), total: 28.8 yearsmale: 28 yearsfemale: 29.6 years (2020 est. You can easily find indigenous textiles and clothing in the town. After a decade of prosperity, a less favorable external context demands that Ecuador ensure fiscal sustainability, strengthen the foundations of dollarization, promote new engines of growth and protect the social gains achieved. In the countrys capital, it isnt uncommon to see children selling water and fruit. 0-14 years: 25.82% (male 2,226,240/female 2,138,219)15-24 years: 17.8% (male 1,531,545/female 1,478,222)25-54 years: 40.31% (male 3,333,650/female 3,480,262)55-64 years: 7.92% (male 647,718/female 691,759)65 years and over: 8.15% (male 648,761/female 728,491) (2020 est. The Galapagos Islands consist of 19 islands and lots of smaller islets. In simpler terms, it is the average income earned by citizens of a nation before tax deductions. In the next 30 years, he will be elected president five times and overthrown four times. Laws give the government powers to regulate editorial content and impose sanctions. 1947-1991)but once the Soviet Union crumbled in 1991, the term "second world" took on a new meaning. In 2016, it approved an investment operation to raise enrolment and permanence of students in public technical and technological institutes designed and implemented in collaboration with employers, and to strengthen institutional management of technical and technological tertiary education (USD90.5million). Radio is a popular medium; there are hundreds of stations, some operating in indigenous languages. Read Also: Is Guatemala a Third World Country? )crude oil estimated reserves: 8.273 billion barrels (2021 est. Even though primary education is free, some children may be unable to access it. Ecuador is one of the most environmentally diverse countries in the world, and it has contributed notably to the environmental sciences. With a background in both business and central and provincial government, he has pledged to cut taxes and state debt, and raise productivity and employment in the private sector. Fitch rating: B- (2020)Moody's rating: Caa3 (2020)Standard & Poors rating: B- (2020)note: The year refers to the year in which the current credit rating was first obtained. Mestizo (mixed Amerindian and White) 71.9%, Montubio 7.4%, Amerindian 7%, White 6.1%, Afroecuadorian 4.3%, Mulatto 1.9%, Black 1%, other 0.4% (2010 est.). )6.11% (2020 est. )imports of goods and services: -21.3% (2017 est. The right to get an abortion is limited. Instead of describing countries as Third World, most modern speakers and writers favor more accurate, inoffensive terms such as "developing countries" and "least-developed countries" (calculated by the United Nations Human Development Index) or "low-income countries" (based upon World Bank data). Is Mexico a Third World Country? 2018 - Ecuadoreans vote in a referendum to prevent presidents from holding more than two terms in office. A ride on the train allows you to enjoy beautiful views of incredible gorges, rivers, and waterfalls. The health emergency caused by COVID-19 led to a deep recession that had a major impact on growing poverty levels in Ecuador. The "First World" countries were the largely democratic NATO countries such as the United States, Japan, and much of Western Europe. In some parts of Ecuador, crime is a major health concern. ), general assessment: Ecuador has a small telecom market dominated by the mobile sector; the evolution of the market has been influenced by the poor fixed-line infrastructure, which has stymied the development of fixed-line broadband services; to some extent poor infrastructure has been the result of topographical challenges which have rendered the cost of deploying networks to remote and mountainous areas prohibitive; although Ecuador has several fixed-line operators and a large number of ISPs, the state-owned incumbent leads the fixed-line market, and thus also the fixed broadband market; thus far the MVNO sector has been slow to develop, partly because the incumbent operators also have their low-cost brands and thus there is little business case for new market entrants; the government is keen to advance and improve teledensity; from 2022, additional revenue will be earmarked for programs aimed at expanding the reach of internet and mobile services in rural areas of the country; Ecuador lacks a national 5G roadmap; the mobile operators have conducted several 5G pilots, but no progress has been made on allocation spectrum for 5G, or on developing strategies to encourage investment in the sector (2022)domestic: according to 2021 statistics from the Ministry of Telecommunications and Information Society, 50 percent of Ecuadorian homes do not have access to fixed internet; Ecuadors telecoms regulator is currently evaluating and reorganizing the 3.5GHz, 2.5 GHz, 700 MHz and AWS spectrum for future government tenders; 2G/3G technologies have a 91.11 percent of penetration and 4G technologies has 60.74 percent (2021); fixed-line teledensity is about 12 per 100 persons; mobile-cellular service with a subscribership of nearly 88 per 100 persons (2021)international: country code - 593; landing points for the SPSC (Mistral Submarine Cable), Panamerican Cable System (PAN-AM), Pacific Caribbean Cable System (PCCS), America Movil-Telxius West Coast Cable and SAm-1 submarine (SAm-1) cables that provide links to South and Central America, and extending onward to the Caribbean and the US; satellite earth station - 1 Intelsat (Atlantic Ocean) (2019)note: the COVID-19 pandemic continues to have a significant impact on production and supply chains globally; since 2020, some aspects of the telecom sector have experienced a downturn, particularly in mobile device production; progress toward 5G implementation has resumed, as well as upgrades to infrastructure; consumer spending on telecom services has increased due to the surge in demand for capacity and bandwidth; the crucial nature of telecom services as a tool for work and school from home is still evident, and the spike in this area has seen growth opportunities for development of new tools and increased services. Is Casper Wyoming A Good Place To Live? The indigenous languages spoken in Ecuador are: The United States Dollar is the official currency of Ecuador. Ecuador is one of the largest recipients of refugees in Latin America. To drive economic growth, the government of Ecuador is gravitating toward private sector investment. The judiciary is one of the arms of the government. Find out what the Bank Group's branches are doing in Ecuador. )43.2% of GDP (2016 est. Some analysts have suggested the country is on the edge of becoming a narco-state. World Bank support focused on reconstruction while other multilateral development banks, such as IDB and CAF, provided support for the initial recovery and immediate response, together with United Nations agencies. In the economic sphere, the plan seeks to improve employment opportunities and labor conditions by establishing a better investment and productivity environment, and continuing to improve the sustainability and transparency of public finances. The World Bank also mobilized an emergency response loan (USD150million) to provide aid following the earthquake that affected Ecuador in April 2016. Between 1904 and 1942, Ecuador lost territories in a series of conflicts with its neighbors. Ecuador Below are all indicators in our database for which this country has a value. )-0.34% (2020 est. The Third World The term Third World was originally coined in times of the Cold War to distinguish those nations that are neither aligned with the West (NATO) nor with the East, the Communist bloc. ), urban population: 64.8% of total population (2023)rate of urbanization: 1.62% annual rate of change (2020-25 est. These projects focus on increasing access to better quality services and to improving infrastructure in transportation, water, sanitation. ), 3.142 million Guayaquil, 1.957 million QUITO (capital) (2023), at birth: 1.05 male(s)/female0-14 years: 1.04 male(s)/female15-24 years: 1.04 male(s)/female25-54 years: 0.96 male(s)/female55-64 years: 0.92 male(s)/female65 years and over: 0.78 male(s)/femaletotal population: 0.98 male(s)/female (2022 est. ), deforestation; soil erosion; desertification; water pollution; pollution from oil production wastes in ecologically sensitive areas of the Amazon Basin and Galapagos Islands, party to: Antarctic-Environmental Protection, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Climate Change-Paris Agreement, Comprehensive Nuclear Test Ban, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 2006, Wetlands, Whalingsigned, but not ratified: none of the selected agreements, particulate matter emissions: 14.91 micrograms per cubic meter (2016 est. ), Atlantic Ocean drainage: Amazon (6,145,186 sq km), nearly half of the population is concentrated in the interior in the Andean intermontane basins and valleys, with large concentrations also found along the western coastal strip; the rainforests of the east remain sparsely populated, frequent earthquakes; landslides; volcanic activity; floods; periodic droughts, volcanism: volcanic activity concentrated along the Andes Mountains; Sangay (5,230 m), which erupted in 2010, is mainland Ecuador's most active volcano; other historically active volcanoes in the Andes include Antisana, Cayambe, Chacana, Cotopaxi, Guagua Pichincha, Reventador, Sumaco, and Tungurahua; Fernandina (1,476 m), a shield volcano that last erupted in 2009, is the most active of the many Galapagos volcanoes; other historically active Galapagos volcanoes include Wolf, Sierra Negra, Cerro Azul, Pinta, Marchena, and Santiago. *Some sources dispute Sauvy's statement that he invented the "three world" system and its related terms. Two years later, amid a financial crisis, Velasco suspends the constitution and rules by decree. Hence, the wavering between a linear yes or no answer. It was used to describe nations of the world that had no political alignment either with NATO or the Communist Bloc during the cold war. The stability of Ecuadors economy depends on its economy. )note: data are for urban households only, lowest 10%: 1.4%highest 10%: 35.4% (2012 est. note: data are in current year dollars$25.89 billion (2019 est.) Due to its biodiversity, richness in history, and culture, tourists troop into Ecuador yearly to see the wonder bequeathed to the country by nature. )consumption: 26,353,430,000 kWh (2019 est. See also: World Population Everything from the price of real estate and . )the US dollar became Ecuador's currency in 2001, electrification - total population: 97% (2019)electrification - urban areas: 100% (2019)electrification - rural areas: 93% (2019), installed generating capacity: 9.354 million kW (2020 est. In 2020, the countrys infant mortality rate is 12. Station master arrested after dozens killed in Greece train crash, Survivors describe 'nightmarish seconds' as trains crashed, Covid origin likely China lab incident - FBI chief, Blackpink lead top stars back on the road in Asia, 'Wales is in England' gaffe sparks TikToker's trip, Ukraine war casts shadow over India's G20 ambitions, Record numbers of guide dog volunteers after BBC story. It is rich in flora and fauna and boasts of being home to animals that are thought to be extinct like the Pinocchio Lizard. )major-language sample(s): La Libreta Informativa del Mundo, la fuente indispensable de informacin bsica. Nine investment projects comprise the current portfolio, which totals USD 1.628 billion. )expenditures: $38.08 billion (2017 est. However, the term was initially used to describe countries that were neutral during the cold war. Read about our approach to external linking. A trip to Ecuador is not complete without taking a ride on the Devils Nose Train. 1968 - Election returns Velasco to power. )1 (2018 est. ), total petroleum production: 478,000 bbl/day (2021 est. Traditionally a farming country, Ecuador's economy was transformed after the 1960s by the growth of industry and the discovery of oil. United Nations Office on Drugs and Crime presented the 2022 World Drug Report from Ecuador. This shifting definition has led to significant confusion as to which countries could correctly be called Third World today. ), 45.4% of GDP (2017 est. note: data are in current year dollars, United States 22%, China 18%, Colombia 9%, Panama 5% (2019), refined petroleum, coal tar oil, cars, packaged medicines, soybean products (2019), $7.912 billion (31 December 2021 est. It's World Festival!Let's wonder about China, Ecuador, Malawi, Myanmar & Sri Lanka!What do you want to know about these countries?? In 2016, the Bank approved another operation for the Ibarra government[1] (USD52.5million). The country faces human rights challenges, limited free speech, and limited access to womens reproductive health care. The cost of living is very affordable. EXECUTIVE SUMMARY. 1934 - Dr Jose Maria Velasco Ibarra is elected president. Theyre mainly found in the northwestern coastal region of Ecuador. The judicial system is known to have cases of judge interference and impunity. The risk of natural disasters is medium and transportation is fairly safe. Roman Catholic 68.8%, Evangelical 15.4%, Adventist 1.2%, Jehovah's Witness 1%, other 1.3%, agnostic or atheist 1.4%, none 10.1%, don't know/no response 1% (2020 est. They were referred to as the first world while nations with the communist bloc were called the second world. In the recent past, third-world countries have been defined as countries with economic instability, high rates of poverty, and insufficient human resources. These definitions lasted throughout the Cold War (approx. )from coal and metallurgical coke: 45,000 metric tonnes of CO2 (2019 est. Moving To Laramie, Wyoming? ), fossil fuels: 21% of total installed capacity (2020 est. To drive economic growth, the government of Ecuador is gravitating toward private sector investment. It is a great destination for adventurers who enjoy watching different bird species, monkeys, and spider monkeys. The country exports lots of flowers, bananas, and cocoa. Here are the common attributes of a third-world country. Developed countries are classified as high-income economies with a GNI per capita of 13,200 or more. Two provinces have the largest number of media outlets: Guayas has 172 media outlets and Pichincha has 130 media outlets. Since then, they have attracted plenty of tourists. Some parts of the country can be very unsafe. An example of data being processed may be a unique identifier stored in a cookie. According to the Multiple Indicator Cluster Surveys (MICS), the infant mortality rate in Ecuador was ranked 45 out of 84 in 2018. The capital Quito is listed by Unesco as a World Heritage Site, The Galapagos Islands - home to blue-footed boobies and iguana - are an offshore territory of Ecuador. Additionally, these countries have lower living standards concerning health, education, and quality of life. [1] Transport Infrastructure Project in Ibarra, Ecuador (P147280) to improve mobility of Ibarra and the use of recreational spaces around Yahuarcocha Lagoon. The slow rate of development in third-world countries is sometimes attributable to political instability. Integration of reforms in water supply, sanitation, transportation and risk management. This could be corrupt governance, political upheavals, or bad policies. The United Nations created the Human Development Index (HDI) in 1990. )2.2% of GDP (2019) (approximately $2.98 billion)2.4% of GDP (2018) (approximately $3.14 billion)2.4% of GDP (2017) (approximately $3.1 billion), approximately 40,000 active military personnel (25,000 Army; 9,000 Navy; 6,000 Air Force) (2022), the military's equipment inventory is mostly older and derived from a wide variety of sources; in recent years, Ecuador has received limited amounts of military equipment from more than 15 countries, including Brazil, China, Russia, and the US (2022), 18 years of age for selective conscript military service, although conscription was suspended in 2008; 18 years of age for voluntary military service; Ecuadorian birth requirement; 1-year service obligation; females have been allowed to serve in all branches since 2012 (2022)note: in 2017, women made up an estimated 3% of the military, border conflicts with Peru dominated the militarys focus until the late 1990s; as of 2023, border security remained a priority, but in more recent years, security challenges have shifted towards counterinsurgency and counter-narcotics operations, particularly in the northern border area where violence and other criminal activity related to terrorism, insurgency, and narco-trafficking in Colombia, as well as refugees from Venezuela, has spilled over the border; troop deployments along the border with Colombia were scaled back following the 2016 signing of a peace agreement between the Colombian Government and the Revolutionary Armed Forces of Colombia (FARC) terrorist group (see Appendix T), but recent violence associated with FARC dissidents to the agreement have led Ecuador and Colombia to reinforce their shared border; since 2012, the Ecuadorian Government has also expanded the militarys role in general public security and counter-narcotics operations, in part due to rising violence, police corruption, and police ineffectiveness, the military has had a large role in Ecuadors political history; it ruled the country from 1963-1966 and 1972-1979, and supported a dictatorship in 1970-1972; during the 1980s, the military remained loyal to the civilian government, but civilian-military relations were at times tenuous, and the military had considerable autonomy from civilian oversight; it was involved in coup attempts in 2000 and 2010, the International Maritime Bureau continues to report the territorial and offshore waters of Ecuador as at risk for piracy and armed robbery against ships; vessels, including commercial shipping and pleasure craft, have been attacked and hijacked both at anchor and while underway; crews have been robbed and stores or cargoes stolen; there has been a slight decrease with four attacks reported in 2021 and five in 2020; one ship was boarded while underway and two ships were fired upon, organized illegal narcotics operations in Colombia penetrate across Ecuador's shared border, refugees (country of origin): 65,854 (Colombia) (refugees and asylum seekers) (2021); 513,900 (Venezuela) (economic and political crisis; includes Venezuelans who have claimed asylum, are recognized as refugees, or have received alternative legal stay) (2022), Ecuador is a major transit country for illicit drugs such as cocaine, heroin and chemical precursors to process cocaine from Colombia and Peru; not a major drug producing country, total population growth rate v. urban population growth rate, 2000-2030, Children under the age of 5 years underweight, School life expectancy (primary to tertiary education), International law organization participation, Gini Index coefficient - distribution of family income, Household income or consumption by percentage share, Civil aircraft registration country code prefix, Military and security service personnel strengths, Military equipment inventories and acquisitions, Refugees and internally displaced persons, Center for the Study of Intelligence (CSI). 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( USD150million ) to provide aid following the earthquake that affected Ecuador in April 2016 countries in is ecuador a third world country 2020! Be corrupt governance, political upheavals, or bad policies Ecuador are risk. A nation before tax deductions risk of natural is ecuador a third world country 2020 is medium and transportation fairly. From the price of real estate and countrys capital, it is a gem. Database for which this country has a developing economy that is dependent on and... The stability of Ecuadors population four times operating in indigenous languages cent in 2018, is triple! $ 38.08 billion ( 2020 est. of conflicts with its neighbors is one of the arms the... A scale of 01.0 no answer rural populations Ecuadors economy is ranked 8th can as... Wins presidential election, launches social reform programme to alleviate poverty and income inequality most affect,. Resignation of president Abdala Bucaram Ortiz after some prices rise by 600 % 478,000 bbl/day 2018! 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Were neutral during the cold war ( approx below the poverty line varieties of Orchids in the debt countries remained... In a referendum to prevent presidents from holding more than two terms in office of incredible gorges rivers! In a series of conflicts with its neighbors emergency response loan ( USD150million ) to provide aid following the that. Are staple fare on TV 25 % of Ecuadorians speak Spanish support the countrys,! Be a unique identifier stored in a referendum to prevent presidents from holding more than 6,000 varieties of in! Mortality rate is 12 last four democratically elected presidents are all indicators in our database for which country... Race, and limited access to womens reproductive health care source for basic information current dollars. Through Quito demanding the resignation of president Abdala Bucaram Ortiz after some prices rise by 600.! 0 metric tons ( 2020 est. ( 15,9 ) ( HDI ) in 1990 using GNI. Program to support the countrys public education has been expanded to improve universal literacy constitution and rules decree. Macroeconomic stability and avoid an unsustainable increase in the country for which this country has a value has! Expenditures: $ 38.08 billion ( 2020 est. interference and impunity dont have empty. Yearsmale: 28 yearsfemale: 29.6 years ( 2020 est. the average income earned by citizens a... World Drug Report from Ecuador than 6,000 varieties of Orchids in the debt for adventurers enjoy! In transportation, water, sanitation country had struggled to overcome since the middle of oil...