Ecuador

Price of Goods in US$, which in US would Cost $1 - Ecuador Compared to Continent

Footnote

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Argentina	$0.36
Bolivia	$0.42
Brazil	$0.64
Chile	$0.71
Colombia	$0.41
Costa Rica	$0.40
Ecuador	$0.65
El Salvador	$0.48
Guatemala	$0.55
Guyana	$0.24
Honduras	$0.39
Mexico	$0.71
Nicaragua	$0.23
Panama	$0.61
Paraguay	$0.30
Peru	$0.49
Suriname	$0.61
Uruguay	$0.51
Venezuela	$1.02

 

 

Ecuador: Currency +/- valuation index

This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index).

To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available.

Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements.

These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ )

Source: calculated using figures from the IMF World Economic Outlook Database

 

There are no house price statistics for Ecuador, and its statistical data is generally weak. The Instituto Nacional de Estadística y Censos is an ill-organized collection of stale data. The Banco Central del Ecuador is better, but alas has few downloadable time-series (data tends to be in ‘press release’ format). The monthly report on inflation is well presented.