to April 2005 - Ecuador benefited from higher world petroleum
prices, but the government has made little progress on economic
reforms necessary to reduce Ecuador's vulnerability to petroleum
price swings and financial crises.

GDP (purchasing power parity):
$49.51 billion (2004 est.)

GDP - real growth rate:
5.8% (2004 est.)

GDP - per capita:
purchasing power parity - $3,700 (2004 est.)

GDP - composition by sector:
agriculture: 8.7%
industry: 30.5%
services: 60.9% (2004 est.)

Labor force:
4.53 million (urban) (2004 est.)

Labor force - by occupation:
agriculture 8%, industry 24%, services 68% (2001)

Unemployment rate:
11.1%; note - underemployment of 47% (2004 est.)

Population below poverty line:
45% (2001 est.)

Household income or consumption by percentage share:
lowest 10%: 2%
highest 10%: 32%
note: data for urban households only (October 2003)

Distribution of family income - Gini index:
42
note: data are for urban households (2003)

Inflation rate (consumer prices):
2% (2004 est.)

Investment (gross fixed):
20.6% of GDP (2004 est.)

Budget:
revenues: $7.9 billion
expenditures: planned $7.3 billion, including capital expenditures
of $1.6 billion (2004 est.)

Public debt:
49.2% of GDP (2004 est.)

Agriculture - products:
bananas, coffee, cocoa, rice, potatoes, manioc (tapioca),
plantains, sugarcane; cattle, sheep, pigs, beef, pork, dairy
products; balsa wood; fish, shrimp

Industries:
petroleum, food processing, textiles, wood products, chemicals

Industrial production growth rate:
10% (2004 est.)

Electricity - production:
11.54 billion kWh (2002)

Electricity - production by source:
fossil fuel: 81%
hydro: 19%
nuclear: 0%
other: 0% (2001)

Electricity - consumption:
10.79 billion kWh (2002)

Electricity - exports:
0 kWh (2002)

Electricity - imports:
57 million kWh (2002)

Oil - production:
523,000 bbl/day (2004 est.)

Oil - consumption:
129,000 bbl/day (2001 est.)

Oil - exports:
387,000 bbl/day (2004 est.)

Oil - imports:
NA

Oil - proved reserves:
4.408 billion bbl (2004 est.)

Natural gas - production:
160 million cu m (2001 est.)

Natural gas - consumption:
160 million cu m (2001 est.)

Natural gas - exports:
0 cu m (2001 est.)

Natural gas - imports:
0 cu m (2001 est.)

Natural gas - proved reserves:
106.5 billion cu m (2004)

Current a