COMPETITIVENESS IN THE COUNTRY
As a contribution to improve competitiveness , Ecuador ranks sixth within the region in public service efficiency, according to the report by the Inter-American Development Bank.
COMPETITIVENESS
Ecuador climbed 15 positions for two consecutive years, being the country that rose the highest number of positions in the Global Competitiveness Report (2013-2014) by the World Economic Forum.
COMPETITIVE COSTS
Ecuador has competitive costs when placed before other countries in the region. . Ecuador focuses on being an increasingly attractive country for national and foreign investment.
WATER
CUBIC METER COST / 2014
Source: fDi Intelligence estimates based on Economist Intelligence Unit, Eurostat and main utility operators (fDi Benchmark 2016).
ELECTRICITY
KWh COSTS / 2014
Source: fDi Intelligence estimates based on Economist Intelligence Unit, Eurostat and main utility operators (fDi Benchmark 2016).
TELECOMMUNICATIONS
3 MINUTE CALL COSTS 3 TO THE UNITED STATES
Source: fDi Intelligence estimates based on Economist Intelligence Unit, Eurostat and main utility operators (fDi Benchmark 2016).
LABOUR COSTS
MINIMUM SALARY: 366 USD. a month
SOCIAL BENEFITS:
- Thirteenth: Additional payment to be made in December, 366 USD.
- Fourteenth: Additional payment to be made in September, 366 USD.
- Employer contributions: 12.15%
