ECUADOR

Ecuador

THE OFFICIAL SALARY IN ECUADOR IN 2022:

Average salary – 465 US dollars per month

Minimum wage – 460 US dollars per month

Source: Government of Ecuador and international recruitment agencies

Ecuador is located in South America on the Pacific coast. It shares a northern border with Colombia, an eastern and southern border with Peru.

INFORMATION ABOUT ECUADOR (2022) 
Population 18.1 million
Average life expectancy  77 years
Unemployment rate 6.6%
Inflation  2.6%
Square 283,560 km²
Form of government Presidential constitutional republic
Income tax 0–35%
Capital Quito
Currency United States dollar
Official Language Spanish, Kichwa (Quechua), Shuar
Doing Business rank 129
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