Ecuador economy will increase by a 4% in 2014 and 2015, according to IMF

The International Monetary Fund (IMF) predicted an improvement in the economies of Ecuador, Colombia and Bolivia, despite the significant slowdown of the Venezuelan Gross Domestic Product (Gthe DP) and growth below expectations of Peru. In its report released today...
Posted On 07 Oct 2014

GDP Growth this Year is 3.95% Lower than 2011

In the first quarter of 2012, Ecuador registered a fall of 3.95% less in Gross Domestic Product (GDP) compared to the same period last year. This year, GDP rose 4.84% Ecuador, while in 2011 grew to 8.80% in the first quarter. Of fourteen economic activities that contribute to...