
Analysis by Region - Latin America - Ecuador
Description
Analysis by Region - Latin America - Ecuador
Despite a 4.2% expansion in GDP in 2021 backed by robust consumption, Ecuador's economy continues to struggle to recover to pre-pandemic levels. Persistent rifts between Congress and the executive branch have put President Lasso’s reform agenda at risk, leading us to downgrade our 2022 GDP forecast by 0.4ppts to 3.4%.
Despite a 4.2% expansion in GDP in 2021 backed by robust consumption, Ecuador's economy continues to struggle to recover to pre-pandemic levels. Persistent rifts between Congress and the executive branch have put President Lasso’s reform agenda at risk, leading us to downgrade our 2022 GDP forecast by 0.4ppts to 3.4%.
Table of Contents
7 Pages
- Ecuador: Challenges mount as economic reform agenda stalls
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Background
- Economic development and structure of the economy
- Policy and politics
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