Ecuador | Aurato

Ecuador
`mkt_ec`

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Ecuador uses the US dollar, removing a separate domestic currency conversion from local payments while retaining its own banks and payment infrastructure. Cards, transfers and cash serve a market whose GDP per capita was about US$7,100 in 2025, with around 18.3 million residents.

Population

18M

GDP

$130B

GDP per Capita

$7K

GDP Growth

3.7%

Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Ecuador

Ecuador's US-dollar cash serves local shops alongside cards and transfers between bank accounts. Dollar coins and small bills matter in daily commerce, where vendors struggle to change large notes despite using the US currency.

ATMs (PER 100K)

53.1

BANKS (PER 100K)

7.8

DEBIT CARDS (PER ADULT)

1.9

CREDIT CARDS (PER ADULT)

0.7

Compare

IMF, Financial Access Survey (FAS), 2025