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Ecuador

At a glance

  • Capital

    Quito

  • Currency

    United States Dollar ($, USD)

  • Official Languages

    Spanish (official language), Kichwa (Quechua), Shuar and others are in official use for indigenous people (recognised regional languages)

  • Population Size

    17,289,554 (2022)

  • Ease of doing business

    Moderate

  • VAT

    0.12

About

Ecuador has a multicultural history. Peruvian and Spanish settlers mingled with native Andean peoples in this predominantly farming-based country, which was thrust onto the global stage by the discovery of oil in the 1960s. Today, one of the country’s biggest exports is bananas, and tourists flock to the Andes, rainforests and nearby Galapagos islands. Mauve uses the services of an expert local partner in Ecuador and is ready to assist with your requirements through our extensive range of in-country services.