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News from Ecuador, for the world

Ecuador Fuel Prices Drop About Five Cents From July 12
economy

Ecuador Fuel Prices Drop About Five Cents From July 12

Extra, Ecopaís and diesel are expected to drop by about five cents per gallon from Sunday, July 12. The change follows Decreto Ejecutivo 444 and applies inside Ecuador’s fuel-price band system.

Chip MorenoChip Moreno·1d ago
Ecuador Beef Prices Keep Pressure On Household Budgets
economy

Ecuador Beef Prices Keep Pressure On Household Budgets

Beef without bone is one of the food items Ecuadorian households spend the most on, and sector figures point to a smaller cattle herd and supply pressure behind higher prices.

Chip MorenoChip Moreno·2d ago
Salinas Opens Whale Watching Season With Two-Hour Trips
economycoast

Salinas Opens Whale Watching Season With Two-Hour Trips

Salinas has opened its humpback whale watching season, with accredited boats offering two-hour trips and a reported fare of $21 per passenger.

Chip MorenoChip Moreno·June 29, 2026
More Than 61,000 Ecuadorians Got Their First Credit Card In 2025
economy

More Than 61,000 Ecuadorians Got Their First Credit Card In 2025

Ecuador’s banking system added more first-time credit card users in 2025, with 4.63 million cards recording consumption. The trend matters for residents building local financial history.

Chip MorenoChip Moreno·June 29, 2026
SRI Automatic VAT Refund: Who Can Use It And What Still Trips People Up
economy

SRI Automatic VAT Refund: Who Can Use It And What Still Trips People Up

Older adults and people with disabilities can use Ecuador’s automatic IVA refund system when registered with SRI and using an active confirmation code. For older adults, the 2026 monthly refund cap remains up to $144.60.

Chip MorenoChip Moreno·June 28, 2026
SENAE Reminds Travelers Which Personal Items Enter Ecuador Tax-Free
economy

SENAE Reminds Travelers Which Personal Items Enter Ecuador Tax-Free

Ecuador’s customs agency is reminding travelers returning during the World Cup to review the personal-effects rules before flying home. The warning is practical: know what is tax-free before you reach airport controls.

Chip MorenoChip Moreno·June 28, 2026
Private Banks Say Services Will Continue During June 26 Holiday
economy

Private Banks Say Services Will Continue During June 26 Holiday

Asobanca says Ecuador’s private banks will keep major service channels available during the June 26 national holiday. Branches, digital banking, ATMs and non-bank correspondents are expected to operate.

Chip MorenoChip Moreno·June 26, 2026
Extra Gasoline and Diesel Hit June Highs Under Ecuador’s Band System
economy

Extra Gasoline and Diesel Hit June Highs Under Ecuador’s Band System

Teleamazonas reports that diesel reached USD 3.25 per gallon in June 2026 and Extra gasoline reached USD 3.31. Prices continue to adjust monthly under Ecuador’s band system tied to international fuel-market movement.

Chip MorenoChip Moreno·June 26, 2026
Colombia Power Sales to Ecuador May Be Uncertain From November
economy

Colombia Power Sales to Ecuador May Be Uncertain From November

Colombia is considering restarting electricity exports to Ecuador, but El Niño could make those sales uncertain from November 2026 into early 2027. The issue matters because the Colombia interconnection can supply about 450 MW, nearly 10% of Ecuador’s average demand.

Chip MorenoChip Moreno·June 24, 2026
SRI Lists Stores With Automatic IVA Refunds for Older Adults and Disabled Residents
economy

SRI Lists Stores With Automatic IVA Refunds for Older Adults and Disabled Residents

Ecuador’s tax authority says automatic IVA refund or exemption is available at authorized stores for adults over 65 and people with disabilities. The list includes major supermarket and pharmacy chains, but shoppers need a confirmation code before paying.

Chip MorenoChip Moreno·June 24, 2026
Vehicle Embargo Cases in Ecuador Are Already Near 2025 Levels
economy

Vehicle Embargo Cases in Ecuador Are Already Near 2025 Levels

Ecuador recorded 12,322 vehicle-embargo judicial processes in 2025, and 10,609 more from January through May 2026. The numbers matter for anyone financing a car under a pledge or title-reservation structure.

Chip MorenoChip Moreno·June 23, 2026
Ecuador Unemployment Fell to 3.1% in May, but Informality Remains High
economy

Ecuador Unemployment Fell to 3.1% in May, but Informality Remains High

Ecuador’s unemployment rate fell to 3.1% in May 2026, while adequate employment stood at 36.6% and 52.8% of employed people were in the informal sector.

Chip MorenoChip Moreno·June 23, 2026