About Ecuador
Quick Facts
- Population
- 15,439,429 (July 2013 est.)
- Area
- 283,561 sq km
- ISO Code
- EC
- Continent
- South America
- Government
- republic
- Active Causes
- 12
South America
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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)
petroleum, fish, timber, hydropower
deforestation; soil erosion; desertification; water pollution; pollution from oil production wastes in ecologically sensitive areas of the Amazon Basin and Galapagos Islands
Spanish (official), indigenous (Quechua, Shuar)
Roman Catholic 95%, other 5%
8.1% of GDP (2010) of GDP
4.9% of GDP (2010) of GDP
Ecuador is substantially dependent on its petroleum resources, which have accounted for more than half of the country's export earnings and approximately two-fifths of public sector revenues in recent years. In 1999/2000, Ecuador's economy suffered from a banking crisis, with GDP contracting by 5.3% and poverty increasing significantly. In March 2000, the Congress approved a series of structural reforms that also provided for the adoption of the US dollar as legal tender. Dollarization stabilized the economy, and positive growth returned in the years that followed, helped by high oil prices, r...
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