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    Ecuador

    Extended
    Americas · #92 of 117 markets · IEPA 2024 (final) · 2026 current estimate available
    39.1▼ -1.5 YoY
    ●●○0.78IEPA COMPOSITE

    Ecuador scores 39.1 out of 100 on the IEPA (2024 edition), ranking #92 of 117 economies. That is down 1.5 points on the year before. Its strongest zone is Alignment at 46.9. Its binding constraint, the lowest-scoring of its six zones, is FDI Accelerator at 23.1. How the IEPA works →

    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2010–2026
    2010201220142016201820202022202420262835424956
    CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
    201020112012201320142015201620172018201920212023202500.350.71.051.4
    IE FDI intelligence · synced weekly
    PRODUCTIVE CAPABILITY
    IE COMPLEXITY LAYER · VINTAGE 2024
    #110of 145 ranked economies▼ 11 places since 2010
    How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
    20102011201220132014201520162017201820192020202120222023202498106114128
    CAPABILITY RANK · HIGHER IS BETTER
    2.08% / yr
    Implied growth
    Annual growth the current capability base points to.
    71
    Diversity
    Distinct products made at competitive scale.
    -0.84
    Capability score
    Standardized: 0 is the world average.
    -1.13
    Outlook
    Value of the new products within reach of what it already does.
    INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
    VINTAGE 2022-2024
    POSITION IN THE PRODUCT SPACE
    IE COMPLEXITY LAYER · VINTAGE 2024
    Agriculture20 of 200 made · 28% of the rest within reach
    Minerals4 of 48 made · 20% of the rest within reach
    Construction, Building, and Home Supplies6 of 104 made · 12% of the rest within reach
    Textile and Home Goods4 of 78 made · 24% of the rest within reach
    Textile Apparel and Accessories1 of 50 made · 10% of the rest within reach
    Metalworking and Electrical Machinery and Parts2 of 155 made · 4% of the rest within reach
    Industrial Chemicals and Metals1 of 157 made · 6% of the rest within reach
    Electronic and Electrical Goods0 of 73 made · 0% of the rest within reach
    MADE COMPETITIVELYONE STEP AWAY
    Electronic and Electrical Goods is the furthest: 0% made, and only 0% of the rest is within one step. A move there means building capability rather than extending it.
    READ ON THE 38 OF 71 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
    POSITIONED TO BUILD NEXT
    IE COMPLEXITY LAYER · VINTAGE 2024
    No product currently sits close enough to this market’s export base to read as a credible next step. Concentrated export structures show exactly this pattern: of the 450 products assessed, even the nearest remain well outside current capability.
    Read that as a diagnosis, not a gap in the data. Diversification from here starts with building new capability rather than extending what already exists.
    LIVE SIGNALS
    Chase Sapphire Preferred Card vs. Capital One Venture X Rewards Card: Which travel rewards card is right for you? - CNBC
    Google News · Ecuador · Startups & Innovation · Oct 9 · Startup Ecosystem
    The World is His Oyster - UConn Today
    Google News · Ecuador · Startups & Innovation · Oct 8 · Startup Ecosystem
    PEERS · EXTENDED
    🇿🇲Zambia39.9→🇦🇷Argentina39.7→🇱🇾Libya40.7→🇹🇹Trinidad and Tobago40.9→
    ECOSYSTEM DENSITY
    IE Ecosystem Registry · 2026-07-17
    191organizations indexed across 7 types · 187 mapped
    Universities & research bodies
    109
    Health research
    22
    Research organizations
    22
    Fab labs & makerspaces
    21
    Government bodies
    13
    Corporate R&D
    2
    Science & tech parks
    2
    Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
    ORGANIZATIONS
    a sample of 191 indexed
    ZEDE del Litoral
    Science & tech parks · Guayalquil
    Parque Científico y Tecnológico UTPL
    Science & tech parks · Loja
    Instituto Superior Tecnológico de Artes del Ecuador
    Universities & research bodies · Guayaquil · 2004
    Universidad Bolivariana del Ecuador
    Universities & research bodies · Durán
    Roche (Ecuador)
    Corporate R&D · Quito · 1896
    Eduplanet SAS (Ecuador)
    Corporate R&D · Quito · 2023
    EcoCiencia
    Research organizations · Quito · 1989
    Fundación Biodiverso Choco
    Research organizations · Quito · 2023
    Hospital Luis Vernaza
    Health research · Guayaquil · 1564
    Hospital Alcívar
    Health research · Guayaquil · 1960
    FabLab UDLA
    Fab labs & makerspaces · Quito
    Members get the full directory, filters, and exports.See all 191 organizations →

    Ecuador: common questions

    What is Ecuador's IEPA score?
    Ecuador scores 39.1 out of 100 on the IEPA, 2024 edition, which ranks it #92 of 117 economies.
    What is Ecuador's strongest zone?
    Alignment, at 46.9. The six zones are scored separately, so a market's strengths stay visible instead of being averaged away.
    What is holding Ecuador back?
    Its binding constraint is FDI Accelerator, at 23.1, the lowest of its six zones. The IEPA reports every zone separately so the constraint stays visible instead of being averaged into the composite.
    How does Ecuador compare with its peers?
    The closest scored peers are Zambia (39.9), Argentina (39.7), Libya (40.7), Trinidad and Tobago (40.9).
    What is the IEPA?
    The Innovation Ecosystem Prosperity Assessment (IEPA) scores economies across six zones: innovation capacity, entrepreneurship capacity, resilience, alignment, the FDI accelerator, and prosperity outcomes. Every score carries a confidence band and traces to the evidence behind it.
    Run the full diagnostic →Talk to IE about Ecuador →