ECUADOR

Ecuador

THE OFFICIAL SALARY IN ECUADOR IN 2020:

Average salary – 450 US dollars per month

Minimum wage – 400 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 (2020) 
Population 17.4 million
Average life expectancy  77 years
Unemployment rate 4.9%
Inflation 
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
© 2020 WageCentre.com. All Rights Reserved.