Explore Quito with the majestic backdrop of Cotopaxi Volcano under a clear blue sky.A breathtaking aerial shot of Quito's urban landscape sprawling over lush hills in Ecuador.Expansive aerial view of Quito's historic cityscape with cloudy skies, featuring scenic hills and urban density.Aerial view of Quito with city buildings and the majestic Andes in the background.Breathtaking view of Cotopaxi Volcano in Ecuador with lush greenery and blue skies.

Ecuador

South America · South America

Low PeaceVery Affordable Cost of Living
High Development
Population18.1M70th
GDP / Capita$7KUpper-mid
PPP / Capita$16KLow
Gender Inequality0.371Moderate
Life Expectancy78 yrsHigh

Dollar economy, cheap living — security deteriorating fast in recent years.

At a Glance

38
LowSafety
79
Very AffordableCost of Living
64
ModerateQuality of Life
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Ecuador

Ecuador is a compact South American country that packs remarkable geographic and biological diversity into a small area, from the Amazon jungle and the high Andean páramo to the Pacific coast and the extraordinary Galápagos Islands. The indigenous cultures of the highlands are vibrant and visible in the markets and festivals of cities like Otavalo. Quito, high in the Andes, is one of the best-preserved colonial capitals in the Americas.

  • First country in the world to enshrine the rights of nature in its constitution — in 2008.
  • The Galápagos Islands belong to Ecuador — and inspired Darwin's theory of evolution.
  • Despite the name, the actual equator runs through here — you can stand with one foot in each hemisphere.
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Quick Facts

Capital

Quito

Language

Spanish

Currency

$ USD

Area

248,360 km²

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Nomad Hub

Fixed Broadband

163Mbps

Very Fast44th globally

Mobile

70Mbps

Moderate62nd globally
EnglishLow
PlugType A/B

💻Digital Nomad Visa

Min. Income

$1,275/mo

Duration

24 months

Renewable

Yes

Application Fee

~$460

Application difficultyEasy
Tax treatmentLocal rates apply
Processing time~15 days
Health insuranceRequired
DependentsYes
Apply onlineYes
Path to residencyYes
Open to all nationalitiesYes

GDP / Capita

i

$7K

Lower Mid

PPP / Capita

i

$16K

Upper Mid

Inflation

i

1.5%

Low

Unemployment

i

3.3%

Very Low

Innovation (GII)

i

19.5

Low

GNI / Capita

i

$6K

Lower Mid

Tax Revenue

i

13.1%

FDI Inflows

i

0.4%

Education Spend

i

3.7%

Cost of Living

i

30.9

Very Affordable

Price Level Index

i

48th pct

Affordable

20-Year Trend + IMF Forecast

Income & inflation over time

i
+136% nominal+31% real
$5K$11K$16K5%200520102015202020252027
GDPPPPInflationIMF forecast
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Neighbouring Countries