Ecuador

Ecuador

Ecuador facts and figures

Ecuador's National Day
Ecuador's National Day

10 August

Ecuador comprises an area of around 284 thousand square kilometres and has a population of around 16.5 million. The country straddles the equator, from which it derives its name. Located in Latin America, it is bordered in the north by Colombia, in the east and south by Peru and in the west by the Pacific Ocean. Its capital city is Quito and Spanish is the official language.

Apart from oil, Ecuador also exports bananas, shrimp, coffee, cocoa, cut flowers and fish. The country is a haven for many exotic animals and birds like the blue footed booby, and the orange iguana, both of which can be found in the Galapagos Islands.

Ecuador’s President is HE Lic. Lenin Moreno Garcés . The country joined OPEC in 1973. Nineteen years later, in 1992, it voluntarily suspended its membership. It resumed membership of the Organization in 2007.

Did you know?

  • Ecuador’s capital city Quito was declared a World Heritage Site by UNESCO in the 1970s for having the best preserved and least altered historic centre in Latin America.
  • Located in the Santa Elena Peninsula, Ancon 1 is Ecuador’s first productive oil well. It began producing oil in 1921.


Below data covers 2016

Population (million inhabitants) 16.520
Land area (1,000 sq km) 284
Population density (inhabitants per sq km) 58
GDP per capita ($) 5,853
GDP at market prices (million $) 96,690
Value of exports (million $) 16,744
Value of petroleum exports (million $) 5,442
Current account balance (million $) 1,109
Proven crude oil reserves (million barrels) 8,273
Proven natural gas reserves (billion cu. m.) 10.9
Crude oil production (1,000 b/d) 549.0
Marketed production of natural gas (million cu. m.) 530.0
Refinery capacity (1,000 b/cd) 190.8
Output of refined petroleum products (1,000 b/d) 205.7
Oil demand (1,000 b/d) 247.0
Crude oil exports (1,000 b/d) 414.7
Exports of petroleum products (1,000 b/d) 31.4
Natural gas exports (million cu.m.) --

  • b/d (barrels per day)
  • cu. m. (cubic metres)
  • b/cd (barrels per calendar day)

Source: Annual Statistical Bulletin 2017

  • HE Eng. Carlos E. Pérez

    HE Eng. Carlos E. Pérez

    Minister of Hydrocarbons
    Head of Delegation

    Download CV
  • Eng. Patricio Larrea

    Eng. Patricio Larrea

    Governor for OPEC

     

  • Eng. José Antonio Cepeda Altamirano

    Eng. José Antonio Cepeda Altamirano

    National Representative