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Cuenca is home to many retirees from all over the United States. [2] They were drawn there by quality health care, a booming social scene and a low cost of living. Americans first came to Cuenca in a slow trickle and many years later a deluge of retirees began settling there. The mayor of Cuenca estimated that about 4,000 Americans are now ...
It was founded decades after other major Spanish settlements in the region, such as Quito (1534), Guayaquil (1538), and Loja (1548). Cuenca's population and importance grew steadily during the colonial era. Cuenca reached the peak of its importance in the first years of Ecuador's independence; Cuenca achieved its independence on November 3, 1820.
The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries. It's measured using Purchasing Power Parities (PPPs), which help us understand how much money is needed to buy the same things in different places. Price level indexes (PLIs), with the world average set at 100, are ...
The economy of Ecuador is the eighth largest in Latin America and the 69th largest in the world by total GDP. [17] Ecuador 's economy is based on the export of oil , bananas , shrimp , gold , other primary agricultural products and money transfers from Ecuadorian emigrants employed abroad. [ 18 ]
Visualisation of Numbeo's 2023 cost of living index by country. The cost of living is the cost of maintaining a certain standard of living for an individual or a household. Changes in the cost of living over time can be measured in a cost-of-living index. Cost of living calculations are also used to compare the cost of maintaining a certain ...
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Drinking water supply and sanitation in Ecuador is characterized by a number of achievements and challenges. One key achievement is a significant increase in both access to an at least basic water source (90% in 2000 to 100% in 2015 in urban areas) [ 1 ] and at least basic sanitation (82% in 2000 to 89% in 2015 in urban areas).
Ecuador finished in 2nd place on the qualifiers behind Argentina and above the team that would become World Champion, Brazil. In the 2006 FIFA World Cup, Ecuador finished ahead of Poland and Costa Rica to come in second to Germany in Group A in the 2006 World Cup. Futsal, often referred to as índor, is particularly popular for mass participation.