Ecuador

Ecuador GDP Grows 3.7% in 2025 Driven by Exports and Investment

Ecuador's economy grew 3.7% in 2025, reversing the prior year's contraction, driven by a 6.4% increase in non-oil exports (shrimp, cocoa, bananas, canned fish, and mining products), 5.6% investment growth, and 2.7% household consumption growth. Sixteen of twenty economic sectors reported positive growth, with financial activities and insurance leading at 9.8%, followed by agriculture and livestock at 8.6%, and food manufacturing at 8.5%. The fourth quarter of 2025 showed even stronger momentum, with 5.0% growth year-over-year, accelerating from a 1.0% contraction in Q4 2024.

Bioeconomy Represents 16.6% of Ecuador's 2024 GDP

The Banco Central del Ecuador (BCE) published its thematic bioeconomy account showing the sector represented 16.6% of national GDP at end-2024. The bioeconomy contracted by -0.6%, outperforming the overall national GDP contraction of -1.9%, demonstrating greater resilience. The sector is characterized by high self-sufficiency, growing international market orientation, and increasing value-added activities contributing to economic diversification and sustainability.

Ecuador Financial Policy Board and Central Bank Release 2025 Accountability Report

The JPRFM (Junta de Política y Regulación Financiera y Monetaria) and BCE (Banco Central del Ecuador) held their 2025 fiscal year accountability event on April 20, 2026, with President Gustavo Camacho Dávila and BCE General Manager Jorge Ponce presiding. The institutions reported 21 resolutions including financial relief measures, international reserves of approximately USD 9.8 billion, liquidity facilities of USD 3.34 billion, institutional equity of USD 4.33 billion, and gold purchases from small-scale miners exceeding USD 73.30 million. The event also highlighted over 400 statistical publications, 12 academic studies, and cultural outreach reaching over 150,000 museum visitors.

Superintendente de Bancos Destaca Avances en Inclusión en Foro de Equidad de Género

The Ecuador Banking Superintendent (Superintendencia de Bancos) participated in a gender equity forum to showcase advances in financial inclusion. The announcement references a related agreement between the Banking Superintendent and COSEDE (Corporación del Seguro de Depósitos Público y Privado) to consolidate the public and private financial system. No specific policy changes, regulatory requirements, or compliance obligations are described.

Banking Superintendent and COSEDE Sign Cooperation Agreement

Ecuador's Banking Superintendent (Superintendencia de Bancos) and COSEDE (Corporación del Seguro de Depósitos) have signed a cooperation agreement aimed at consolidating Ecuador's public and private financial system. The agreement, published on the Superintendent's official website, establishes a framework for coordination between the banking regulator and the deposit insurance corporation. No specific terms, obligations, or timelines were detailed in the source announcement.

Convenio SB y COSEDE Consolida Sistema Financiero Público y Privado

La Superintendencia de Bancos del Ecuador y la Corporación del Seguro de Depósitos (COSEDE) firmaron un convenio interinstitucional para coordinar acciones en materia de supervisión, regulación y resolución del sistema financiero público y privado. El acuerdo busca fortalecer la cooperación técnica, el intercambio de información y la gestión de crises entre ambos organismos reguladores. El convenio no crea obligaciones directas de cumplimiento para las instituciones financieras, sino que establece un marco de coordinación entre las autoridades de supervisión.