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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 ]
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
List of countries by government budget; List of countries by government budget per capita; List of countries by tax revenue to GDP ratio; Europe: List of sovereign states in Europe by budget revenues; List of sovereign states in Europe by budget revenues per capita; United States: List of U.S. state budgets
Ecuador's president announced Tuesday he will reduce the salaries of government employees, shut down some embassies and sell off a handful of state-owned enterprises in a bid to save $4 billion ...
Ecuador's new government will cut $1 billion in spending to deal with "brutal inefficiency" before potentially seeking loans from multilateral organizations, and raise some $300 million by selling ...
The government of Ecuadorean President Daniel Noboa has proposed raising security spending by $214 million in 2024, as it deploys the military to help fight violence blamed on drug trafficking ...
See also: Health spending as percent of gross domestic product (GDP) by country. The first table and bar chart lists member countries of the Organisation for Economic Co-operation and Development (OECD). It shows each country's total spending (public and private) on health per capita in PPP international dollars. The next table lists nearly all ...
For most other countries the total budget is shown. Although Germany is a federation, the statistics for Germany represent total general government spending. [3] Similar to Germany, Russia has a federative structure and a three layer budget system, here the total government spending is shown. [4]