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Last updated: 22 Nov 2023

Ecuador Business Directory & List of Companies

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1. Brief Overview of Ecuador

Ecuador, situated in South America, is a country known for its incredible biodiversity, diverse landscapes, and rich cultural heritage. Covering a total area of approximately 283,561 square kilometers, it is a country of remarkable natural beauty. As of the latest data available, Ecuador is home to around 17 million people.

Ecuador on Map
Ecuador on Map - see more from Google map

2. Provinces in Ecuador

Ecuador is divided into 24 provinces, each offering unique experiences. Here are a few of the most populous provinces and their respective capital cities:

  • Guayas: Population - 4.5 million, Capital - Guayaquil
  • Pichincha: Population - 3 million, Capital - Quito
  • Azuay: Population - 800,000, Capital - Cuenca
  • Manabí: Population - 1.5 million, Capital - Portoviejo
  • Loja: Population - 500,000, Capital - Loja

3. Top Cities in Ecuador

Ecuador boasts several vibrant cities, each with its unique charm. Here are five of the most populous cities:

  1. Guayaquil: Population - 4.5 million
  2. Quito: Population - 3 million
  3. Cuenca: Population - 800,000
  4. Portoviejo: Population - 1.5 million
  5. Loja: Population - 500,000

4. Ecuador's Economy

Ecuador's economy is diverse and influenced by its geography. Key economic figures include:

  • Gross Domestic Product (GDP): Approximately 100 billion USD
  • GDP Growth Rate: 0.6% (2021)
  • GDP Per Capita: Approximately 5,800 USD
  • Exports: Approximately 20 billion USD
  • Imports: Approximately 23 billion USD

5. Top Companies in Ecuador

Ecuador is home to several prominent companies that contribute significantly to its economy. Some of the top companies include:

Grupo Nobis: A leading Ecuadorian conglomerate involved in various sectors, including construction, real estate, and hospitality. It has a substantial capital base.

Corporación Favorita: A major retail and supermarket chain in Ecuador with a significant presence in the country's consumer goods market.

Petroamazonas: The state-owned oil company responsible for exploration and production of petroleum resources in Ecuador.

CELEC EP: A state-owned electric power generation company that plays a vital role in the country's energy sector.

Banco Pichincha: One of Ecuador's largest banks, providing a wide range of financial services to individuals and businesses.

6. Top Banks in Ecuador

Ecuador's banking sector includes several important financial institutions. Here are ten top banks in Ecuador:

Banco Pichincha: Banco Pichincha is one of the largest and most prominent banks in Ecuador, offering comprehensive financial services.

Banco de Guayaquil: A leading bank in Ecuador, Banco de Guayaquil provides a wide range of banking and financial solutions.

Banco del Pacífico: With a strong presence in Ecuador, Banco del Pacífico serves both individuals and businesses with various banking services.

Banco Internacional: Banco Internacional is known for its innovative financial solutions and customer-centric approach.

Banco Bolivariano: A well-established bank in Ecuador, Banco Bolivariano offers a range of banking products and services.

Banco ProCredit: Banco ProCredit focuses on serving the needs of small and medium-sized enterprises (SMEs) in Ecuador.

Banco de Loja: A regional bank with a strong presence in Loja, Banco de Loja provides banking services to the local community.

Banco del Austro: Banco del Austro operates in the southern region of Ecuador, offering banking solutions to residents and businesses.

Banco Amazonas: Banco Amazonas is a financial institution with branches across Ecuador, catering to the banking needs of the population.

Banco Produbanco: Banco Produbanco is known for its focus on innovation and digital banking solutions.

For more information about Ecuador's banks, you can visit their official websites:

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