Ecuador Interbank Weighted Average Rate was quoted at 1.25 percent on Friday December 13.

Producer Prices in Ecuador decreased to 103.43 Index Points in November from 103.53 Index Points in October of 2019.

Producer Prices in Ecuador increased 0.50 percent in October of 2019 over the same month in the previous year.

Exports from Ecuador fell 11.5 percent over a year earlier to USD 1741.1 million in October 2019, as sales declined for commodity goods (-9 percent), mainly crude oil (-19 percent), bananas (-5 percent), cacao (-40.9 percent) and tuna (-42.8 percent); and industrial (-20.4 percent), of which petroleum derivatives (-27.5 percent), metals (-33.7 percent), and chemicals & pharmaceutic products (-22.8 percent).

Imports to Ecuador dropped 1.4 percent over a year earlier to USD 2012.8 million in October 2019, mainly due to lower purchases of commodities (-11.6 percent), namely industrial (-14.7 percent) and construction materials (-26.9 percent); capital goods (-2.9 percent), in particular transport equipment (-9.2 percent); consumption (-10.4 percent), of which durable (-25.1 percent); and fuels & lubricants (-30.1 percent).

Ecuador's trade deficit narrowed to USD 270.1 million in October 2019 from USD 357.7 million in the corresponding month of the previous year. Imports dropped 1.4 percent over a year earlier to USD 2012.8 million, mainly due to lower purchases of commodities (-11.6 percent), namely industrial (-14.7 percent) and construction materials (-26.9 percent); capital goods (-2.9 percent), in particular transport equipment (-9.2 percent); consumption (-10.4 percent), of which durable (-25.1 percent); and fuels & lubricants (-30.1 percent). Exports fell 11.5 percent to USD 1741.1 million, as sales declined for commodity goods (-9 percent), mainly crude oil (-19 percent), bananas (-5 percent), cacao (-40.9 percent) and tuna (-42.8 percent); and industrial (-20.4 percent), of which petroleum derivatives (-27.5 percent), metals (-33.7 percent), and chemicals & pharmaceutic products (-22.8 percent).

Crude Oil Production in Ecuador increased to 546 BBL/D/1K in November from 467 BBL/D/1K in October of 2019.

Standard & Poor's credit rating for Ecuador stands at B- with stable outlook. Moody's credit rating for Ecuador was last set at B3 with negative outlook. Fitch's credit rating for Ecuador was last reported at B- with stable outlook.

Crude Oil Rigs in Ecuador remained unchanged at 7 in November from 7 in October of 2019.

CPI Housing Utilities in Ecuador decreased to 116 Index Points in November from 116.02 Index Points in October of 2019.