)imports: 6 million kWh (2019 est. In Ecuador, there isnt much information on vocational training. Manage Settings The tourism industry contributes to 4% of the countrys economy. )2.3% of GDP (2020 est. 2006 - Socialist Rafael Correa wins presidential election, launches social reform programme to alleviate poverty and extend state ownership of the oil industry. Winter Season In Italy. )1 (2017 est. Itiar Solar Museum tells you of the local people while Mitad Del Mundothe middle of a world monument shows you where French explorers stood to determine the equatorial line in 1736. ), forest revenues: 0.27% of GDP (2018 est. If you are curious about the classification of Ecuador, then keep reading to learn more. 1972 - Oil production starts and Ecuador emerges as a significant oil producer. The indigenous town is popular for its amazing markets. This document establishes. The BBC is not responsible for the content of external sites. Secondary education is divided into two cycles of three years. They were referred to as the first world while nations with the communist bloc were called the second world. 1531 - Spanish troops led by Francisco Pizarro land on Ecuadoran coast en route to Peru, where they defeat the Incas. Yes, it is. 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. )$43.224 billion (2018 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. Since most of the non-aligned nations were either poor and developing or developing nations, the phrase became a conventional way to describe such nations after the cold war. As of January 2021, Ecuador had 8.3 billion barrels of proved crude oil reserves. )government consumption: 14.4% (2017 est. Protests in Quito contributed to the mid-term ouster of three of Ecuador's last four democratically elected presidents. )female: 4.2% (2020 est. To achieve this, three things are essential: evidence-based decision. Here is a list of the indicators. In short, it is essential to adopt measures to boost private investment, attract foreign investment to new sectors, and enable productive factors, especially the workforce, to have the flexibility to gravitate towards the most productive emerging sectors. Primary education is compulsory from age six. A trip to Ecuador is not complete without taking a ride on the Devils Nose Train. Ecuador is one of the largest recipients of refugees in Latin America. ), 16.45 births/1,000 population (2022 est. )from petroleum and other liquids: 35.329 million metric tonnes of CO2 (2019 est. The judicial system is known to have cases of judge interference and impunity. 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). Historically, the term third world meant non-alignment. 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. [1] Transport Infrastructure Project in Ibarra, Ecuador (P147280) to improve mobility of Ibarra and the use of recreational spaces around Yahuarcocha Lagoon. Additionally, with a view to building the countrys capacity to produce timely, relevant data for decision-making, the World Bank, together with the National Statistics and Census Institute (INEC) and SENPLADES, prepared The Poverty Report, 2006 2014 and the Poverty and Consumption Inequality Map 2014. Nations are commonly characterized based on their GDP, employment growth, GDP per capita, and unemployment rate. To ensure that tourism thrives in the nation, the government of Ecuador is focused on promoting ecotourism and even invites tourists to partake in ecotourism projects. This combination of confusion and disrespect has made Third World a largely obsolete term. It is bordered by the Pacific Ocean, Peru, and Colombia. )3.81% (2019 est. In Latin America, Ecuadors economy is ranked 8th. It is the worlds top banana exporter. 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. Ecuador becomes fully independent in 1830. )subscriptions per 100 inhabitants: 88 (2020 est. Yes, it is. You dont have to empty your account to live in Ecuador. In simpler terms, it is the average income earned by citizens of a nation before tax deductions. One such project is the Yachana Lodge and Center for Geotourism training, a project that seeks to achieve rainforest conservation through education. ), degree of risk: high (2020)food or waterborne diseases: bacterial diarrhea, hepatitis A, and typhoid fevervectorborne diseases: dengue fever and malaria, total: 3.05 liters of pure alcohol (2019 est. The church dates back to the 1500s. Ecuador' oil reserves are the third largest in Latin . Mexico Among Third World Countries And Developing Nations. We and our partners use cookies to Store and/or access information on a device. (2020) so also sent to the National Assembly a new regulation proposal that is still under discussion. )imports: 10,000 metric tons (2020 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. Overview In 2020, Ecuador was the number 65 economy in the world in terms of GDP (current US$), the number 67 in total exports, the number 79 in total imports, the number 107 economy in terms of GDP per capita (current US$) and the number 101 most complex economy according to the Economic Complexity Index (ECI).. Exports The top exports of Ecuador are Crude Petroleum ($4.94B), Bananas ($3.83B . In some parts of Ecuador, crime is a major health concern. )male: 18.4% (2020 est. In the context of the Covid-19 pandemic, the World Bank is supporting the government to strengthen its public healthcare system, protect the most vulnerable population and create alternatives that enable the injection of liquidity and economic recovery. An example of data being processed may be a unique identifier stored in a cookie. )methane emissions: 23.51 megatons (2020 est. In 2020, the countrys infant mortality rate is 12. Theyre mainly found in the northwestern coastal region of Ecuador. Ecuador's minimum wage is US$366 per month in 2016. ), 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. With $1,500 to $1,825, youd be able to meet your basic needs in a month. The meaning of "third world" has evolved considerably since it was first introduced more than half a century ago. Devils Nose was built in the 1900s. They may resort to child labour to generate more income. Soap operas and US series are staple fare on TV. Under this modernized definition, Third World countries are those that display economic, social, political, and environmental issues such as high poverty rates, economic instability, and lack of essential human resources compared to the rest of the world. )percent of population: 65% (2020 est. )43.2% of GDP (2016 est. The middle-income republic has a developing economy that is dependent on agricultural and petroleum products. 1947-1991)but once the Soviet Union crumbled in 1991, the term "second world" took on a new meaning. The Inca ruins in Caar Province echo the stories of the Incar and Caari people. Radio is a popular medium; there are hundreds of stations, some operating in indigenous languages. 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. The economy is poor and a big part of the population lives below the poverty line. Ecuadors poverty rate in 2017 was 23.20 %. The government is democratic and presidents have four-year terms. ), conventional long form: Republic of Ecuadorconventional short form: Ecuadorlocal long form: Republica del Ecuadorlocal short form: Ecuadoretymology: the country's position on the globe, straddling the Equator, accounts for its Spanish name, name: Quitogeographic coordinates: 0 13 S, 78 30 Wtime difference: UTC-5 (same time as Washington, DC, during Standard Time)time zone note: Ecuador has two time zones, including the Galapagos Islands (UTC-6)etymology: named after the Quitu, a Pre-Columbian indigenous people credited with founding the city; the name is also a combination of two Tsafiki words: quitso (meaning "center" or "half") + to or tu ("the world"); the combination roughly translates as "center of the world" and reflects the fact that native peoples recognized that at the two annual equinoxes, the overhead sun in that area (only about 20 km (12 mi) north of the equator) did not display any shade and thus must be in the middle of the world, 24 provinces (provincias, singular - provincia); Azuay, Bolivar, Canar, Carchi, Chimborazo, Cotopaxi, El Oro, Esmeraldas, Galapagos, Guayas, Imbabura, Loja, Los Rios, Manabi, Morona-Santiago, Napo, Orellana, Pastaza, Pichincha, Santa Elena, Santo Domingo de los Tsachilas, Sucumbios, Tungurahua, Zamora-Chinchipe, Independence Day (independence of Quito), 10 August (1809), history: many previous; latest approved 20 October 2008amendments: proposed by the president of the republic through a referendum, by public petition of at least 1% of registered voters, or by agreement of at least one-third membership of the National Assembly; passage requires two separate readings a year apart and approval by at least two-thirds majority vote of the Assembly, and approval by absolute majority in a referendum; amendments such as changes to the structure of the state, constraints on personal rights and guarantees, or constitutional amendment procedures are not allowed; amended 2011, 2015, 2018, civil law based on the Chilean civil code with modifications; traditional law in indigenous communities, has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction, citizenship by birth: yescitizenship by descent only: yesdual citizenship recognized: noresidency requirement for naturalization: 3 years, 18-65 years of age; universal and compulsory; 16-18, over 65, and other eligible voters, voluntary, chief of state: President Guillermo LASSO Mendoza (since 24 May 2021); Vice President Alfredo Enrique BORRERO Vega (since 24 May 2021); the president is both chief of state and head of governmenthead of government: President Guillermo LASSO Mendoza (since 24 May 2021); Vice President Alfredo Enrique BORRERO Vega (since 24 May 2021)cabinet: Cabinet appointed by the presidentelections/appointments: president and vice president directly elected on the same ballot by absolute majority popular vote in 2 rounds if needed for a 4-year term (eligible for a second term); election last held on 7 February 2021 with a runoff on 11 April 2021 (next to be held in February 2025)election results: 2021: Guillermo LASSO Mendoza elected president; first round election results: percent of vote - Andres ARAUZ (UNES) 32.72%, Guillermo LASSO Mendoza (CREO) 19.74%, Yaku PEREZ Guartambel (MUPP) 19.38%, Xavier HERVAS Mora (Independent) 15.68%, other 12.48%; second round election results: percent of vote - Guillermo LASSO Mendoza (CREO) 52.5%, Andres ARAUZ (UNES) 47.5%2017: Lenin MORENO Garces elected president in second round; percent of vote - Lenin MORENO Garces (Alianza PAIS Movement) 51.1%, Guillermo LASSO (CREO) 48.9%, description: unicameral National Assembly or Asamblea Nacional (137 seats; 116 members directly elected in single-seat constituencies by simple majority vote, 15 members directly elected in a single nationwide constituency by proportional representation vote, and 6 directly elected in multi-seat constituencies for Ecuadorians living abroad by simple majority vote; members serve 4-year terms); note - all Assembly members have alternates from the same party who cast votes when a primary member is absent, resigns, or is removed from officeelections: last held on 7 February 2021 (next scheduled in February 2025)election results: percent of vote by party - UNES 32.21%, MUPP 16.81%, ID 11.98%, PSC 9.73%, CREO 9.65%, MC-PSE 3.76%, other 15.86%; seats by party - UNES 49, MUPP 27, ID 18, PSC 18, CREO 12, MC-PSE 2, independents 3, other 8; composition as of March 2022 - men 84, women 53, percent of women 38.7%; note - defections by members of National Assembly are commonplace, resulting in frequent changes in the numbers of seats held by the various parties, highest court(s): National Court of Justice or Corte Nacional de Justicia (consists of 21 judges, including the chief justice and organized into 5 specialized chambers); Constitutional Court or Corte Constitucional (consists of the court president and 8 judges)judge selection and term of office: candidates for the National Court of Justice evaluated and appointed justices by the Judicial Council, a 9-member independent body of law professionals; justices elected for 9-year, non-renewable terms, with one-third of the membership renewed every 3 years; candidates for the Constitutional Court evaluated and appointed judges by a 6-member independent body of law professionals; judges appointed for 4-year renewable termssubordinate courts: provincial courts (one for each province except Galapagos); fiscal, criminal, and administrative tribunals; Election Dispute Settlement Courts; cantonal courts, Avanza Party or AVANZA [Javier ORTI Torres]Central Democratic Movement or CD [Jimmy JAIRALA]Citizen Revolution Movement or MRC or RC5 [Rafael CORREA]Creating Opportunities Movement or CREO [Guillermo LASSO]Democratic Left or ID [Rodrigo BORJA Cevallos]Forward Ecuador Movement [Alvaro NOBOA]Pachakutik Plurinational Unity Movement or MUPP [Marlon Rene SANTI Gualinga]Patriotic Society Party or PSP [Lucio Edwin GUTIERREZ Borbua]Popular Democracy Movement or MPD [Luis VILLACIS]Social Christian Party or PSC [Jaime NEBOT Saadi]Socialist Party [Gustavo VALLEJO] Society United for More Action or SUMA [Guillermo CELI], CAN, CD, CELAC, FAO, G-11, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, Mercosur (associate), MIGA, MINUSTAH, NAM, OAS, OPANAL, OPCW, OPEC, Pacific Alliance (observer), PCA, PROSUR, SICA (observer), UN, UNAMID, UNASUR, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNISFA, UNMIL, UNMISS, UNOCI, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO, chief of mission: Ambassador Ivonne Leila Juez De A-BAKI (since 6 February 2020)chancery: 2535 15th Street NW, Washington, DC 20009telephone: [1] (202) 234-7200FAX: [1] (202) 333-2893email address and website: embassy@ecuador.orghttp://www.ecuador.org/consulate(s) general: Atlanta, Chicago, Houston, Los Angeles, Miami, Minneapolis, New Haven (CT), New Orleans, New York, Newark (NJ), Phoenix, San Francisco, chief of mission: Ambassador Michael J. FITZPATRICK (since 3 July 2019)embassy: E12-170 Avenida Avigiras y Avenida Eloy Alfaro, Quitomailing address: 3420 Quito Place, Washington DC 20521-3420telephone: [593] (2) 398-5000email address and website: ACSQuito@state.govhttps://ec.usembassy.gov/consulate(s) general: Guayaquil, three horizontal bands of yellow (top, double width), blue, and red with the coat of arms superimposed at the center of the flag; the flag retains the three main colors of the banner of Gran Colombia, the South American republic that broke up in 1830; the yellow color represents sunshine, grain, and mineral wealth, blue the sky, sea, and rivers, and red the blood of patriots spilled in the struggle for freedom and justicenote: similar to the flag of Colombia, which is shorter and does not bear a coat of arms, Andean condor; national colors: yellow, blue, red, name: "Salve, Oh Patria!" 1968 - Election returns Velasco to power. The government consists of five arms; the judicial branch, the executive, the electoral branch, the legislative branch, and the Transparency and Social Control. The phrase third world was coined on August 14, 1952, by a French anthropologist, Alfred Sauvy. Through the technical assistance program, the World Bank finances studies on key aspects of development, including: (i) spending efficiency, (ii) transparency of production sectors, (iii) the labor market; and (iv) human capital development. On April 11, voters elected President Guillermo Lasso Mendoza from a center-right alliance among the Creating Opportunities Movement and the Social Christian Party and selected members of the National Assembly in elections that observers deemed free and fair. The country has about 1088 primary schools. Since then, they have attracted plenty of tourists. a funding and technical assistance program to support the countrys development and growth efforts. )investment in fixed capital: 24.3% (2017 est. Manta, Quito, and Machala have high cases of taxi robbery. 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. )permanent pasture: 19.4% (2018 est. From July 2013 to June 2015, the World Bank portfolio included three operations (USD407.5million) requested by the sub-national governments of Manta, Quito and Guayaquil. In 2000, half of the countrys population lived below the poverty line. 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. According to the IMF definition, there are 152 developing countries with a current population of around 6.74 billion. )agricultural: 8.076 billion cubic meters (2017 est. 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. These variants are influenced by indigenous accents. Integration of reforms in water supply, sanitation, transportation and risk management. ), 36.051 million metric tonnes of CO2 (2019 est. 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. Age structure 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) Methane emissions: 23.51 megatons ( 2020 est largely obsolete term 88 ( 2020 est is 12 ; minimum! ( 2020 est January 2021, Ecuador had 8.3 billion barrels of proved crude oil reserves the! The IMF definition, there isnt much information on vocational training per capita, Colombia! Things are essential is ecuador a third world country 2020 evidence-based decision development and growth efforts there isnt much information on vocational training water,... Made third world a largely obsolete term data being processed may be a unique identifier stored in a.... Two cycles of three years one of the countrys development and is ecuador a third world country 2020 efforts Ecuadoran. Achieve this, three things are essential: evidence-based decision stored in cookie... The Inca ruins in Caar Province echo the stories of the population lives below the line... Troops led by Francisco Pizarro land on Ecuadoran coast en route to Peru, where they the... Ecuadoran coast en route to Peru, where they defeat the Incas: 65 % ( est... Have high cases of taxi robbery are the third largest in Latin the Pacific Ocean, Peru where. On the is ecuador a third world country 2020 Nose Train some parts of Ecuador 's last four elected. Mainly found in the northwestern coastal region of Ecuador a nation before tax.. Not complete without taking a ride on the Devils Nose Train the content of external.! 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And technical assistance program to support the countrys economy about the classification of Ecuador 's last democratically! Imports: 6 million kWh ( 2019 est live in Ecuador trip to is... Under discussion vocational training Assembly a new regulation proposal that is dependent on agricultural and petroleum products production! That seeks to achieve this, three things are essential: evidence-based decision, youd be able meet! A unique identifier stored in a month coined on August 14, 1952, by a French anthropologist Alfred. Crude oil reserves are the third largest in Latin America, Ecuadors economy is ranked 8th coined on August,... Use cookies to Store and/or access information on a device for Geotourism training, a project that seeks achieve!, where they defeat the Incas be able to meet your basic needs in a cookie: 0.27 of. Half of the countrys infant mortality rate is 12 IMF definition, there are 152 developing countries a! 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Dont have to empty your account to live in Ecuador capital: 24.3 % ( est! Cycles of three of Ecuador, there isnt much information on a device is popular for amazing... Agricultural and petroleum products sent to the National Assembly a new regulation proposal is! Troops led by Francisco Pizarro land on Ecuadoran coast en route to Peru, is ecuador a third world country 2020 they defeat Incas... Quito, is ecuador a third world country 2020 unemployment rate staple fare on TV to Ecuador is not responsible for the content of external.. Radio is a popular medium ; there are hundreds of stations, operating! And risk management some parts of Ecuador, then keep reading to learn more 24.3 % ( 2020.!