Press release
Ecuador PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Report Launched
As per International Monetary Fund (IMF) Ecuador’s real gross domestic product is expected to grow at a CAGR of 0.13% % from it’s 2015 level of USD 70.354 billion and reach USD 70.989 billion by 2022.Ecuador, officially the Republic of Ecuador, is a representative democratic republic in north-western South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean to the west. Ecuador also includes the Galapagos Islands in the Pacific, about 620 miles west of the mainland.
Ecuador had estimated population of 16.279 million in the year 2016 and expected to reach 18.006 million by 2022.Ecuador’s 5.21% of population of total labor force was unemployed during 2016, which is expected to decline to 5.005% of total labor force by 2022.
Ecuador’s real gross domestic product (GDP) was around USD 68.829billion in 2016 whereas the nominal GDP was USD 98.01billion. This resulted in GDP deflator 142.397. Per capita GDP was estimated at USD 5929.69 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 183.61.
In 2016, Ecuador government’s revenue was USD 30.123billionwhereas the expenditure was USD 36.562billion. This resulted Ecuador government’s net lending / borrowing in negative at USD 6.439 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.
The current account balance for Ecuador was estimated to be at USD 1.109 billion for the year 2016 and is expected to grow at a negative CAGR of 8.83% and further decline to USD 1.152 by 2022. This negative current account balance indicates the Ecuador is not a net lender but borrowing from the whole world.
Scope of the Ecuador PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Ecuador.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Ecuador.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Ecuador.
- These reports provide risk analysis for Ecuador.
For more information and to purchase Ecuador PESTEL Analysis Market Research Report please visit:
http://www.marketresearchreports.com/market-research-reports-inc/ecuador-pestel-analysis-market-research-report
For more information and to purchase Ecuador SWOT Analysis Market Research Report please visit:
http://www.marketresearchreports.com/market-research-reports-inc/ecuador-swot-analysis-market-research-report
For more information and to purchase Ecuador Risk Analysis Market Research Report please visit:
http://www.marketresearchreports.com/market-research-reports-inc/ecuador-risk-analysis-market-research-report
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