ECUADOR Economic

n economy's financial markets are critical to its overall development. Banking systems and stock markets enhance growth, the main factor in poverty reduction. Strong financial systems provide reliable and accessible information that lowers transaction costs, which in turn bolsters resource allocation and economic growth. Indicators here include the size and liquidity of stock markets; the accessibility, stability, and efficiency of financial systems; and international migration and workers\ remittances, which affect growth and social welfare in both sending and receiving countries.

FTS publishes data on humanitarian funding flows as reported by donors and recipient organizations. It presents all humanitarian funding to a country and funding that is specifically reported or that can be specifically mapped against funding requirements stated in humanitarian response plans. The data comes from OCHA's Financial Tracking Service, is encoded as utf-8 and the second row of the CSV contains HXL tags.

The Open Data Inventory (ODIN) measures how complete a country’s statistical offerings are and whether their data meet international standards of openness. Ecuador ranks 34th in the Open Data Inventory 2020 with an overall score of 66. The overall score is a combination of a data coverage subscore of 63 and a data openness subscore of 70.

The following tables show the coverage and openness scores for each data category. For more detailed information, view the Coverage and Openness tabs.