Ecuador 2020

As Ecuador and the world at large grapple with the emerging challenge of the COVID-19 pandemic, it is important not to forget the fundamentals of the Ecuadorian economy and the success stories of 2019 and the start of 2020.

We believe contained within these pages is an accurate, balanced account of the state of the Ecuadorian economy as of publication, told through the words of the dozens of top public- and private-sector figures.

The Business Year's country-specific publications, sometimes featuring over 150 face-to-face interviews, are among the most comprehensive annual economic publications available internationally.

This 212-page publication covers green economy, finance, hydrocarbons, mining, agriculture, construction, industry, transport, education, health, ICT, and tourism. The publication features dozens of interviews, including:


  • Sylvie Bédard, Ambassador of Canada to Ecuador
  • Iván Ontaneda Berrú, Minister of Production, Trade, Investment, and Fisheries
  • Daniel Legarda, Executive President, Ecuadorian Federation of Exporters (FEDEXPOR)
  • Javier Robalino Orellana, Managing Partner, FERRERE Ecuador
  • Marco Troya Fuertes, Secretary of Water (SENAGUA)
  • Felipe Ávila, General Manager, PECS
  • Richard Martínez Alvarado, Minister of Economy and Finance
  • Verónica Artola Jarrín, General Manager, Central Bank of Ecuador (BCE)
  • José Augusto Briones, Minister of Energy & Non-Renewable Natural Resources
  • Fernando Larrea, General Manager, Flota Petrolera Ecuatoriana (FLOPEC)
  • Benjamin Mace, President, Chamber of Mining of Ecuador (CME)
  • Xavier Lasso, Minister of Agriculture and Livestock
  • Santiago Peralta, CEO, Pacari
  • Pablo Zambrano Albuja, Executive President, Chamber of Industries and Production (CIP)
  • Jorge Baigorri López, CEO, Holcim Ecuador
  • José Gabriel Martínez Castro, Minister of Transport and Public Works
  • Anyelo Acosta, Director General, Directorate General of Civil Aviation (DGAC)
  • Agustín Albán, Secretary of Higher Education, Science, Technology, and Innovation (SENESCYT)
  • Juan Francisco Flores, Corporate Manager, Telefónica
  • Paulina Burbano de Lara, Executive President, Metropolitan Touring


    The publication also features a range of articles and analysis, including:
  • US relations
  • The Pacific Alliance
  • Large-scale renewables
  • Central bank autonomy
  • New refinery and oil rounds
  • Alliance for Responsible Mining in Ecuador
  • Manta agribusiness industry
  • Civil aviation
  • Medical cannabis
  • Digital strategy
  • Invest Ecuador Tourism program