Ecuador
Andean Region · South America
Population
18.14M
GDP (Nominal)
$124.68B
Capital City
Quito
Currency
USD (United States Dollar)
Avg Salary
$500/mo
Region
Andean Region
Livability Index 2026
31.1/100
Cost of Living
7/100
Avg Salary
38.3/100
Safety
78.8/100
Healthcare
50/100
Education
55/100
Overall Livability
Institutional Summary
Ecuador is a geographically stunning South American nation known for the Andes, the Amazon, and the Galapagos. It has long been a haven for retirees due to its low cost of living, use of the US Dollar, and great healthcare, though recent spikes in crime have impacted its safety profile.
Cost of Living
Monthly Rent (1BR)$300
Monthly Groceries$200
Monthly Transport$20
Utilities & Internet$80
Estimated Total Monthly
$600 /person
AI Algorithm Summary
Major Strengths
- • Extremely affordable cost of living
- • Accessible immigration and visa pathways
Algorithmic Red Flags
- • Significant safety and crime concerns (Score: 38.3)
- • High income tax burden (37%)
Economic Performance
📈 Stable GrowthGDP Per Capita
$6,873
Inflation Rate
1.5%
Unemployment
3.7%
5-Year GDP Trend
Migration & Visa
Pensioner / Jubilado (For retirees)
Professional Visa (Degree-based)
Digital Nomad Visa
Rentista (Passive income)
Visa Difficulty
3/10
PR Eligibility
Eligible for permanent residency after 21 months of holding a temporary residency visa
Employment Landscape
Avg Monthly Salary
$500
Trending
Top Performing Industries
Petroleum
Agriculture (Bananas, Roses, Cocoa)
Aquaculture (Shrimp)
Social Indicators
Life Expectancy
77.5 Yrs
Literacy Rate
93%
Top Universities (QS Rank)
Universidad San Francisco de Quito (USFQ)#801
Compare Ecuador
Benchmark against other Tier-1 economies provides critical context for relocation or institutional investment decisions.