Ecuador, located in South America, has an area of 256,370 km2. Ecuador, with a population of 17,268,000 people, is in the 68th position in the population table, composed of 196 countries and has a moderate population density, 67 inhabitants per square kilometer.
Its capital is Quito and its currency is US Dollars. Ecuador is the 61st economy by GDP volume. Its public debt in 2019 was 49.73 billion euros, with a debt of 51.5% of GDP. Its debt per capita is €2,880 per capita. The last published annual variation rate of the CPI in Ecuador is from July 2021 and was 0.5%.
There are some variables that may help you to know something more if you are going to travel to Ecuador or just want to know more about the standard of living of its inhabitants.
The GDP per capita is a very good indicator of the standard of living and in the case of Ecuador, in 2019, it was 5,592€ euros, so it ranks 94th in the table, so its citizens have, according to this parameter, a very low standard of living in relation to the rest of the 196 countries in the ranking of GDP per capita.
As for the Human Development Index or HDI, prepared by the United Nations to measure the progress of a country and which ultimately shows us the standard of living of its inhabitants, indicates that Ecuadorians are in 86th place.
If the reason for visiting Ecuador is business, it is useful to know that Ecuador is in 123rd place out of the 190 that make up the Doing Business ranking, which classifies countries according to the ease of doing business.
As for the Corruption Perception Index of the public sector in Ecuador has been 39 points, so it is in 92nd place in the ranking of corruption perception formed by 179 countries. In the tables at the bottom of the page you can find more information about the economy and demographics of Ecuador and if you want to see information about any other country you can do it from economy countries.