In Weekly Analysis...


Read full content

  • Collateral Damage - WA#34
    Collateral Damage - WA#34

    August indicators overview

  • Country risk closed July at 603 base points (6.30 percentage points), up 23 base points from the June closing. As of August 22, it went up 93 points to 696. (WA#34)

  • As of June 2019, the Esmeraldas refinery input accumulated in rolling 12 months is down –15.6% y-o-y to 88,136 bpd. After the refinery revamp, the raw material processed stabilized between December of 2015 and February of 2018 at about 105 k bpd. However, since then, the production once again has dropped. (WA#33)

Welcome to Grupo Spurrier

Grupo Spurrier is the leading company in the development of key solutions and services for business success; it specializes in monitoring the economy and politics of Ecuador, as well as on economic research, market research, consulting and corporate training, models and business plans development, investment plans, and market power law consulting.

  • Follow Us
  • emailicon home
  • twicon home
  • fbicon home

Access the Weekly Analysis

To access Weekly Analysis, enter your user name and password.

If you do not have an username and password subscribe now.

You can access Weekly Analysis from your mobile device by downloading here.

Get it on Google Play

Weekly Analysis Briefs


    Expectations of an improvement in the international environment for the Ecuadoran economy, resulting from the July 31 Fed decision to lower interest rates, were squashed barely 24 hours later with the Trump announcement of a new round of tariff hikes to Chinese imports. Markets reacted badly: country risk went up, the dollar strengthened, the price...


    In spite of the $2.2 billion intervention in the refinery of Esmeraldas during the Administration of Rafael Correa, it has required new repairs and stabilization works. The Government is analyzing the concession of the refinery or even closing it to build a new complex with private funds.   The next review of fuel subsidies is scheduled for 202...


    The port stagnation of the Correa period is over. Immediately after the change of government, TPG built a new facility which allowed increasing container cargo in Guayaquil 10% y-o-y in 2018. DPWorld built a new world class deep water port, which is starting commercial operations. Dredging the access channel to Guayaquil ports is well on its way, a...