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  • Off to Washington - WA#16
    Off to Washington - WA#16

    April indicators overview

  • In the first quarter, from the fourth of 2017, there was a loss of 38.6 k adequate jobs. The urban unemployed shrunk by 10 k to 309 k people, a decrease of .13 points to 5.7% of the EAP. The numbers fall of both employed and unemployed as the workforce shrunk by 50 k, or -.9%. (WA#16)

  • Spending by the Non-Financial Public Sector (SPNF) accounted for 38.0% of GDP in 2017, including interest but not the amortization of the debt. It is practically identical to that of 2016 and a fall of -5.7 points of GDP relative to 2013, the highest point in the ratio public spending/size of the economy. (WA#15)

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Weekly Analysis Briefs


    Minister Viteri was in Washington last week, but not for formal conversations over an aid package, but to the IMF/World Bank Spring Meetings. She had a chance to make the case for the economic program and take the pulse of potential lenders and investors. Proceeds from the latest bond placement are rapidly depleting, and a new issue would have t...


    La ministra Viteri estuvo en Washington la semana pasada, pero no para conversaciones formales sobre un paquete de ayuda, sino para las Reuniones de Primavera del FMI/Banco Mundial. Tuvo la oportunidad de exponer y defender el programa económico y de tomarle el pulso a prestamistas e inversionistas potenciales. Los fondos de la más reciente colo...


    Three months after the first tax reform of president Moreno, on April 2 the Government announced a second set of measures to tackle the challenges of the Ecuadoran economy. Closing the fiscal deficit continues to be the official priority. The goal is to bring it down from 5.6% in 2018 to 2.5% in 2021.   The Government once again promises austeri...