Ecuador has a population of 16.2 million people, and a land mass of 248 000 km2. Life expectancy is 76 years, and with a per capita GDP of USD 6183, the country is classified as a higher middle income country. The country's GDP grew in 2019 with 0.1%, and totaled a nominal value of USD 107.4 billion.
Ecuador is ranked at place 129 in the World Bank Doing Business Index, out of 190 countries in total. On Transparency International's corruption perception index, Ecuador is ranked at place 92, out of 180 countries in total.
Norwegian exports to Ecuador in 2020 were NOK 38 million. The same year, Norway imported goods from Ecuador at a value of NOK292 million.