Analysis by Region - Latin America - Ecuador

Analysis by Region - Latin America - Ecuador

Despite a 4.2% expansion in GDP in 2021 backed by robust consumption, Ecuador's economy continues to struggle to recover to pre-pandemic levels. Persistent rifts between Congress and the executive branch have put President Lasso’s reform agenda at risk, leading us to downgrade our 2022 GDP forecast by 0.4ppts to 3.4%.


Ecuador: Challenges mount as economic reform agenda stalls
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development and structure of the economy
Policy and politics

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