For example, going by the historical definition, nations such as Finland, Sweden, Ireland, and Switzerland were not aligned with either NATO or the Communist Bloc, and so were Third World countries. Additionally, more efficient spending and the adoption of international transparency standards in public management will contribute to the sustainability and protection of social services. Results The health emergency caused by COVID-19 led to a deep recession that had a major impact on growing poverty levels in Ecuador. Overview In 2020, Ecuador was the number 65 economy in the world in terms of GDP (current US$), the number 67 in total exports, the number 79 in total imports, the number 107 economy in terms of GDP per capita (current US$) and the number 101 most complex economy according to the Economic Complexity Index (ECI).. Exports The top exports of Ecuador are Crude Petroleum ($4.94B), Bananas ($3.83B . Trust funds financed several advisory and technical assistance services in areas such as combating malnutrition, inclusion of disabled persons and improving the efficiency of the social protection system. Yes, it is. Read Also: Is Mexico a Third World Country? Most of the time, they also seek military aid from them during periods of crisis. It also prioritizes investments in strategic sectors for development, such as education, transportation, water and sanitation. With a background in both business and central and provincial government, he has pledged to cut taxes and state debt, and raise productivity and employment in the private sector. Spain was the logical destination because of its shared language and the wide availability of low-skilled, informal jobs at a time when increased border surveillance made illegal migration to the US difficult. Ecuador' oil reserves are the third largest in Latin . ), production: 342.407 million cubic meters (2019 est. ), municipal solid waste generated annually: 5,297,211 tons (2015 est. Data based on the latest United Nations Population Division estimates. ), total dependency ratio: 50.9youth dependency ratio: 39.4elderly dependency ratio: 11.5potential support ratio: 8.7 (2021 est. ), 0 migrant(s)/1,000 population (2022 est. [1] Transport Infrastructure Project in Ibarra, Ecuador (P147280) to improve mobility of Ibarra and the use of recreational spaces around Yahuarcocha Lagoon. A liberal supporter of the free market, Mr Lasso ended 14 years of centre-left rule when he won the 2021 presidential election, narrowly beating his socialist opponent Andes Arauz. The Top Cocoa Producing Countries In The World. Were they to be included, all but Monaco would likely rank as developing or least-developed countries. Since third-world countries are still developing, they depend a lot on developed nations for economic support. )nuclear: 0% of total installed capacity (2020 est. United Nations Office on Drugs and Crime presented the 2022 World Drug Report from Ecuador. The country has about 1088 primary schools. ), 59 deaths/100,000 live births (2017 est. Under the new legislation, the Ecuadorean state will own 100% of oil and gas produced. Pros And Cons Of Living In Rio Vista, CA. ), 45.4% of GDP (2017 est. Fiscal discipline will therefore play a critical role in preventing the recent oil price increase from generating a new round of procyclical spending growth leading to a drag on spending efficiency, perpetuating macroeconomic imbalances and preventing the creation of fiscal buffers. )exports: 0 cubic meters (2021 est. Since mid-2021, the new government has initiated reforms aimed at returning Ecuador to a path of growth and shared prosperity. Avoid walking around with valuables. To drive economic growth, the government of Ecuador is gravitating toward private sector investment. )consumption: 342.407 million cubic meters (2019 est. a funding and technical assistance program to support the countrys development and growth efforts. Third World Meaning The Third world comprises economically developing or underdeveloped countries. In the next 30 years, he will be elected president five times and overthrown four times. Third World countries were those neutral countries not aligned with either power. With some common sense, you can tour most parts of the country without any challenges. The Spanish language was introduced in Ecuador by the Spanish colonists during the 16th century. With $1,500 to $1,825, youd be able to meet your basic needs in a month. The country is diverse. Over the years the phrase got a makeover. Ecuadors current HDI is 0.759. Now, thats a huge number.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'aboxofadventure_com-large-mobile-banner-2','ezslot_4',111,'0','0'])};__ez_fad_position('div-gpt-ad-aboxofadventure_com-large-mobile-banner-2-0');if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'aboxofadventure_com-large-mobile-banner-2','ezslot_5',111,'0','1'])};__ez_fad_position('div-gpt-ad-aboxofadventure_com-large-mobile-banner-2-0_1'); .large-mobile-banner-2-multi-111{border:none !important;display:block !important;float:none !important;line-height:0px;margin-bottom:15px !important;margin-left:auto !important;margin-right:auto !important;margin-top:15px !important;max-width:100% !important;min-height:600px;padding:0;text-align:center !important;}. )percent of municipal solid waste recycled: 12.9% (2015 est. Historically, the term third world meant non-alignment. Afghanistan: Cuba: Laos: Romania: Albania: Czechoslovakia: Primary education is compulsory from age six. The economy is poor and a big part of the population lives below the poverty line. President Lasso declared a state of emergency in two regions and labelled such violent incidents "a declaration of open war". The middle-income republic has a developing economy that is dependent on agricultural and petroleum products. Ecuador is one of the largest recipients of refugees in Latin America. Ecuador is an upper middle-income economy with a GNI per capita of $5,930. ), total: 18.13 deaths/1,000 live birthsmale: 21.7 deaths/1,000 live birthsfemale: 14.39 deaths/1,000 live births (2022 est. You dont have to empty your account to live in Ecuador. However, since some non-aligned nations like Switzerland and Austria are developed, the conventional meaning of the term is said to be outdated and demeaning. In October 2020, the government announced that it had granted over 44,000 humanitarian visas to migrants from Venezuela. One such project is the Yachana Lodge and Center for Geotourism training, a project that seeks to achieve rainforest conservation through education. In Ecuador, there isnt much information on vocational training. )imports: 6 million kWh (2019 est. Hence, the wavering between a linear yes or no answer. Stay vigilant at all times. note: data are in current year dollars$19.877 billion (2020 est.) These definitions lasted throughout the Cold War (approx. )the US dollar became Ecuador's currency in 2001, electrification - total population: 97% (2019)electrification - urban areas: 100% (2019)electrification - rural areas: 93% (2019), installed generating capacity: 9.354 million kW (2020 est. Secondary education is diverse. 1947-1991)but once the Soviet Union crumbled in 1991, the term "second world" took on a new meaning. ), $50.667 billion (2019 est. Is Laramie City, WY, A Good Place To Live? The BBC is not responsible for the content of external sites. The Republic of Ecuador is in South America. The stability of Ecuadors economy depends on its economy. What is a Third World country? Ecuador continues its efforts to consolidate its macroeconomic stability and avoid an unsustainable increase in the debt. )proven reserves: 10.902 billion cubic meters (2021 est. ), $29.325 billion (2021 est.) 1968 - Election returns Velasco to power. )refined petroleum consumption: 259,000 bbl/day (2019 est. These indicators are graded using a scale of 01.0. The government has increased its social spending to ameliorate these problems, but critics question the efficiency and implementation of its national development plan. The consent submitted will only be used for data processing originating from this website. However, the phrase third world (tiers monde in French) has undergone the process of evolution. )hydroelectricity: 77.2% of total installed capacity (2020 est. )3.81% (2019 est. note 1: Cotopaxi in Andes is highest active volcano in worldnote 2: genetic research indicates that the cherry-sized tomato originated in Ecuador without any human domestication; later domestication in Mexico transformed the plant into the large modern tomato; archeological research indicates that the cacao tree, whose seeds are used to make chocolate and which was long thought to have originated in Mesoamerica, was first domesticated in the upper Amazon region of northwest South America - present-day Ecuador - about 3,300 B.C. )1 (2018 est. From July 2013 to June 2015, the World Bank portfolio included three operations (USD407.5million) requested by the sub-national governments of Manta, Quito and Guayaquil. )2.2% of GDP (2019) (approximately $2.98 billion)2.4% of GDP (2018) (approximately $3.14 billion)2.4% of GDP (2017) (approximately $3.1 billion), approximately 40,000 active military personnel (25,000 Army; 9,000 Navy; 6,000 Air Force) (2022), the military's equipment inventory is mostly older and derived from a wide variety of sources; in recent years, Ecuador has received limited amounts of military equipment from more than 15 countries, including Brazil, China, Russia, and the US (2022), 18 years of age for selective conscript military service, although conscription was suspended in 2008; 18 years of age for voluntary military service; Ecuadorian birth requirement; 1-year service obligation; females have been allowed to serve in all branches since 2012 (2022)note: in 2017, women made up an estimated 3% of the military, border conflicts with Peru dominated the militarys focus until the late 1990s; as of 2023, border security remained a priority, but in more recent years, security challenges have shifted towards counterinsurgency and counter-narcotics operations, particularly in the northern border area where violence and other criminal activity related to terrorism, insurgency, and narco-trafficking in Colombia, as well as refugees from Venezuela, has spilled over the border; troop deployments along the border with Colombia were scaled back following the 2016 signing of a peace agreement between the Colombian Government and the Revolutionary Armed Forces of Colombia (FARC) terrorist group (see Appendix T), but recent violence associated with FARC dissidents to the agreement have led Ecuador and Colombia to reinforce their shared border; since 2012, the Ecuadorian Government has also expanded the militarys role in general public security and counter-narcotics operations, in part due to rising violence, police corruption, and police ineffectiveness, the military has had a large role in Ecuadors political history; it ruled the country from 1963-1966 and 1972-1979, and supported a dictatorship in 1970-1972; during the 1980s, the military remained loyal to the civilian government, but civilian-military relations were at times tenuous, and the military had considerable autonomy from civilian oversight; it was involved in coup attempts in 2000 and 2010, the International Maritime Bureau continues to report the territorial and offshore waters of Ecuador as at risk for piracy and armed robbery against ships; vessels, including commercial shipping and pleasure craft, have been attacked and hijacked both at anchor and while underway; crews have been robbed and stores or cargoes stolen; there has been a slight decrease with four attacks reported in 2021 and five in 2020; one ship was boarded while underway and two ships were fired upon, organized illegal narcotics operations in Colombia penetrate across Ecuador's shared border, refugees (country of origin): 65,854 (Colombia) (refugees and asylum seekers) (2021); 513,900 (Venezuela) (economic and political crisis; includes Venezuelans who have claimed asylum, are recognized as refugees, or have received alternative legal stay) (2022), Ecuador is a major transit country for illicit drugs such as cocaine, heroin and chemical precursors to process cocaine from Colombia and Peru; not a major drug producing country, total population growth rate v. urban population growth rate, 2000-2030, Children under the age of 5 years underweight, School life expectancy (primary to tertiary education), International law organization participation, Gini Index coefficient - distribution of family income, Household income or consumption by percentage share, Civil aircraft registration country code prefix, Military and security service personnel strengths, Military equipment inventories and acquisitions, Refugees and internally displaced persons, Center for the Study of Intelligence (CSI). making; more efficient management of public resources; and better coordination between the different levels of government and sectors. However, it also has lots of amazing things to offer. When going on adventurous activities, consider working with professional and experienced service providers. The analytical studies focus on improving social services and legal frameworks and providing evidence-based information in key areas to continue efforts to reduce poverty and inequalities. (2020) so also sent to the National Assembly a new regulation proposal that is still under discussion. Ecuador Country Fact Sheet Government at a Glance Latin America and the Caribbean 2020 Government revenues in Ecuador have substantially increased In 2018, Ecuador was the country with the highest revenues as a share of GDP (35.8%) significantly above the LAC average (26.9%) and not far from the OECD average (37.4%). In this context, the government plan is to create opportunities for the Ecuadorian people by focusing on actions in five key areas: economic, social, comprehensive security, ecological and institutional transition. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'aboxofadventure_com-leader-4','ezslot_9',108,'0','0'])};__ez_fad_position('div-gpt-ad-aboxofadventure_com-leader-4-0');Regardless of the third-world label, Ecuador is still a center of attraction for several reasons. In this regard, it is vital to confront long-standing challenges, aggravated by the health crisis, such as the high rates of child malnutrition, the need to improve the quality of public services, improve and step up spending on health care, education and social protection and pay more attention to the needs of the rural population. What's he waiting for? On August 14, Ecuador commemorated its first national day against sexual violence in schools, complying with a 2020 Inter-American Court of Human Rights ruling in the Paola Guzman Albarracn case . Like in any other country, there is a risk of being conned. Hello! ! As a result, hunger, crime, and mortality rates are higher in comparison. Dependence on Developed Nations for Support These sites are nominated and designated as heritage sites by the World Heritage Convention which is an organ of UNESCO.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[320,100],'aboxofadventure_com-leader-3','ezslot_8',113,'0','0'])};__ez_fad_position('div-gpt-ad-aboxofadventure_com-leader-3-0'); In Ecuador, the sites mentioned below are designated as such. The country exports lots of flowers, bananas, and cocoa. Quick Fact: The Ecuadorian government still issues the Centavo coins since it is only the US dollar bills that are used in Ecuador. In addition, of the 956 registered media, 58% are radio and 18% print. There are several fascinating facts that Ecuador is known for. To drive economic growth, the government of Ecuador is gravitating toward private sector investment. 2018 - Ecuadoreans vote in a referendum to prevent presidents from holding more than two terms in office. Health departments, the travel industry, multinational corporations, missionary and volunteer organizations, and travelers can also use this information to help make international travel as healthy and safe as possible. A ride on the train allows you to enjoy beautiful views of incredible gorges, rivers, and waterfalls. )-0.34% (2020 est. Interactive map Ecuador is one of the least expensive countries in the world in which to live. ), total: 28.8 yearsmale: 28 yearsfemale: 29.6 years (2020 est. According to the IMF definition, there are 152 developing countries with a current population of around 6.74 billion. Ecuador is a fun place to be. Originally coined by French historian Alfred Sauvy in 1952*, "Third World" was part of the "three worlds" label system used to describe a country's political alliances. It is rich in flora and fauna and boasts of being home to animals that are thought to be extinct like the Pinocchio Lizard. Although Ecuador is generally affordable, here are its cheapest cities. But that is not all. ), conventional long form: Republic of Ecuadorconventional short form: Ecuadorlocal long form: Republica del Ecuadorlocal short form: Ecuadoretymology: the country's position on the globe, straddling the Equator, accounts for its Spanish name, name: Quitogeographic coordinates: 0 13 S, 78 30 Wtime difference: UTC-5 (same time as Washington, DC, during Standard Time)time zone note: Ecuador has two time zones, including the Galapagos Islands (UTC-6)etymology: named after the Quitu, a Pre-Columbian indigenous people credited with founding the city; the name is also a combination of two Tsafiki words: quitso (meaning "center" or "half") + to or tu ("the world"); the combination roughly translates as "center of the world" and reflects the fact that native peoples recognized that at the two annual equinoxes, the overhead sun in that area (only about 20 km (12 mi) north of the equator) did not display any shade and thus must be in the middle of the world, 24 provinces (provincias, singular - provincia); Azuay, Bolivar, Canar, Carchi, Chimborazo, Cotopaxi, El Oro, Esmeraldas, Galapagos, Guayas, Imbabura, Loja, Los Rios, Manabi, Morona-Santiago, Napo, Orellana, Pastaza, Pichincha, Santa Elena, Santo Domingo de los Tsachilas, Sucumbios, Tungurahua, Zamora-Chinchipe, Independence Day (independence of Quito), 10 August (1809), history: many previous; latest approved 20 October 2008amendments: proposed by the president of the republic through a referendum, by public petition of at least 1% of registered voters, or by agreement of at least one-third membership of the National Assembly; passage requires two separate readings a year apart and approval by at least two-thirds majority vote of the Assembly, and approval by absolute majority in a referendum; amendments such as changes to the structure of the state, constraints on personal rights and guarantees, or constitutional amendment procedures are not allowed; amended 2011, 2015, 2018, civil law based on the Chilean civil code with modifications; traditional law in indigenous communities, has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction, citizenship by birth: yescitizenship by descent only: yesdual citizenship recognized: noresidency requirement for naturalization: 3 years, 18-65 years of age; universal and compulsory; 16-18, over 65, and other eligible voters, voluntary, chief of state: President Guillermo LASSO Mendoza (since 24 May 2021); Vice President Alfredo Enrique BORRERO Vega (since 24 May 2021); the president is both chief of state and head of governmenthead of government: President Guillermo LASSO Mendoza (since 24 May 2021); Vice President Alfredo Enrique BORRERO Vega (since 24 May 2021)cabinet: Cabinet appointed by the presidentelections/appointments: president and vice president directly elected on the same ballot by absolute majority popular vote in 2 rounds if needed for a 4-year term (eligible for a second term); election last held on 7 February 2021 with a runoff on 11 April 2021 (next to be held in February 2025)election results: 2021: Guillermo LASSO Mendoza elected president; first round election results: percent of vote - Andres ARAUZ (UNES) 32.72%, Guillermo LASSO Mendoza (CREO) 19.74%, Yaku PEREZ Guartambel (MUPP) 19.38%, Xavier HERVAS Mora (Independent) 15.68%, other 12.48%; second round election results: percent of vote - Guillermo LASSO Mendoza (CREO) 52.5%, Andres ARAUZ (UNES) 47.5%2017: Lenin MORENO Garces elected president in second round; percent of vote - Lenin MORENO Garces (Alianza PAIS Movement) 51.1%, Guillermo LASSO (CREO) 48.9%, description: unicameral National Assembly or Asamblea Nacional (137 seats; 116 members directly elected in single-seat constituencies by simple majority vote, 15 members directly elected in a single nationwide constituency by proportional representation vote, and 6 directly elected in multi-seat constituencies for Ecuadorians living abroad by simple majority vote; members serve 4-year terms); note - all Assembly members have alternates from the same party who cast votes when a primary member is absent, resigns, or is removed from officeelections: last held on 7 February 2021 (next scheduled in February 2025)election results: percent of vote by party - UNES 32.21%, MUPP 16.81%, ID 11.98%, PSC 9.73%, CREO 9.65%, MC-PSE 3.76%, other 15.86%; seats by party - UNES 49, MUPP 27, ID 18, PSC 18, CREO 12, MC-PSE 2, independents 3, other 8; composition as of March 2022 - men 84, women 53, percent of women 38.7%; note - defections by members of National Assembly are commonplace, resulting in frequent changes in the numbers of seats held by the various parties, highest court(s): National Court of Justice or Corte Nacional de Justicia (consists of 21 judges, including the chief justice and organized into 5 specialized chambers); Constitutional Court or Corte Constitucional (consists of the court president and 8 judges)judge selection and term of office: candidates for the National Court of Justice evaluated and appointed justices by the Judicial Council, a 9-member independent body of law professionals; justices elected for 9-year, non-renewable terms, with one-third of the membership renewed every 3 years; candidates for the Constitutional Court evaluated and appointed judges by a 6-member independent body of law professionals; judges appointed for 4-year renewable termssubordinate courts: provincial courts (one for each province except Galapagos); fiscal, criminal, and administrative tribunals; Election Dispute Settlement Courts; cantonal courts, Avanza Party or AVANZA [Javier ORTI Torres]Central Democratic Movement or CD [Jimmy JAIRALA]Citizen Revolution Movement or MRC or RC5 [Rafael CORREA]Creating Opportunities Movement or CREO [Guillermo LASSO]Democratic Left or ID [Rodrigo BORJA Cevallos]Forward Ecuador Movement [Alvaro NOBOA]Pachakutik Plurinational Unity Movement or MUPP [Marlon Rene SANTI Gualinga]Patriotic Society Party or PSP [Lucio Edwin GUTIERREZ Borbua]Popular Democracy Movement or MPD [Luis VILLACIS]Social Christian Party or PSC [Jaime NEBOT Saadi]Socialist Party [Gustavo VALLEJO] Society United for More Action or SUMA [Guillermo CELI], CAN, CD, CELAC, FAO, G-11, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, Mercosur (associate), MIGA, MINUSTAH, NAM, OAS, OPANAL, OPCW, OPEC, Pacific Alliance (observer), PCA, PROSUR, SICA (observer), UN, UNAMID, UNASUR, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNISFA, UNMIL, UNMISS, UNOCI, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO, chief of mission: Ambassador Ivonne Leila Juez De A-BAKI (since 6 February 2020)chancery: 2535 15th Street NW, Washington, DC 20009telephone: [1] (202) 234-7200FAX: [1] (202) 333-2893email address and website: embassy@ecuador.orghttp://www.ecuador.org/consulate(s) general: Atlanta, Chicago, Houston, Los Angeles, Miami, Minneapolis, New Haven (CT), New Orleans, New York, Newark (NJ), Phoenix, San Francisco, chief of mission: Ambassador Michael J. FITZPATRICK (since 3 July 2019)embassy: E12-170 Avenida Avigiras y Avenida Eloy Alfaro, Quitomailing address: 3420 Quito Place, Washington DC 20521-3420telephone: [593] (2) 398-5000email address and website: ACSQuito@state.govhttps://ec.usembassy.gov/consulate(s) general: Guayaquil, three horizontal bands of yellow (top, double width), blue, and red with the coat of arms superimposed at the center of the flag; the flag retains the three main colors of the banner of Gran Colombia, the South American republic that broke up in 1830; the yellow color represents sunshine, grain, and mineral wealth, blue the sky, sea, and rivers, and red the blood of patriots spilled in the struggle for freedom and justicenote: similar to the flag of Colombia, which is shorter and does not bear a coat of arms, Andean condor; national colors: yellow, blue, red, name: "Salve, Oh Patria!" Third world countries generally have lower results than first and second world countries those aspects. These challenges assume even greater urgency against a background of the many risks to the Ecuadorian economy and population arising from external factors such as war, a downturn in the worlds major economies, increased international interest rates, and food price inflation. Adding insult to inaccuracy, when used in its modern context, Third World is considered to be a derogatory term that degrades countries which are developing and/or poor. It is bordered by the Pacific Ocean, Peru, and Colombia. This combination of confusion and disrespect has made Third World a largely obsolete term. 77.2 % of total installed capacity ( 2020 est. that it had granted over 44,000 visas... Over 44,000 humanitarian visas to migrants from Venezuela of crisis economically developing or underdeveloped countries education,,! Legislation, the wavering between a linear yes or no answer economically developing or least-developed countries 45.4 of! 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For the content of external sites the economy is poor and a big part of the,! Home to animals that are used in Ecuador program to support the countrys development and growth efforts ride the! The middle-income republic has a developing economy that is still under discussion the 956 media.