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A magnitude 5.5 earthquake hit 55 km east of Santa Elena early Saturday morning, April 4. The tremor was felt across six provinces including Guayas, but caused no structural damage, injuries, or tsunami alert. Here's what happened and what expats on the coast should know.
A Trans Esmeraldas interprovincial bus overturned on the E20 highway during Semana Santa travel, injuring more than 20 passengers. A separate crash in Colta killed 2. The incidents underscore the persistent dangers of Ecuador's highway system during peak holiday travel periods.
Barcelona SC opens its Copa Libertadores Group D campaign against Brazilian side Cruzeiro at the Estadio Monumental on Tuesday. BSC enters on a high after a 2-0 win over Liga de Quito, while Cruzeiro is struggling. The match carries significant economic implications for Guayaquil.
Ecuador became the first Latin American country to sign a security cooperation agreement with Europol, the European Union's law enforcement agency. Published in the Official Register on March 30, the deal enables joint operations against transnational organized crime and has already produced results -- including the dismantling of a cocaine network tied to Los Lobos and Albanian criminal organizations.
The European Commission concluded negotiations on a Sustainable Investment Facilitation Agreement (SIFA) with Ecuador -- the EU's first such deal with any Latin American country. The agreement focuses on streamlining investment authorizations, improving transparency, and includes a first-of-its-kind annex on sustainable energy and raw materials.
The Banco Central del Ecuador confirmed that GDP grew 3.7% in 2025, pulling the country out of the 2% contraction it suffered in 2024. Growth was driven by exports (+6.4%), investment (+5.6%), and household consumption (+2.7%). The 2026 forecast is a more modest 1.8%.
Gasoline and diesel prices in Ecuador are expected to increase approximately 5% when the monthly band adjustment takes effect on April 12. Extra and ecopais gasoline currently at $2.89/gallon and diesel premium at $2.82/gallon are being pushed higher by WTI crude above $100/barrel.
Ecuador shipped 125,200 tonnes of shrimp in January 2026, a 23% increase year-over-year. China remains the top buyer at 49.5% of volume, though its share has declined from 54.2% in 2024. The industry projects a 15% increase for the full year.
The World Bank forecasts Ecuador's economy will grow just 2% in 2026, among the lowest rates in Latin America. A fiscal deficit of 3-4% of GDP, expiring security contributions, weakening oil receipts, and likely tax reform paint a challenging picture.
Ecuador is positioned to become the world's second-largest cocoa grower behind Cote d'Ivoire. Anecacao projects exports exceeding 623,000 metric tons in 2026, up from 375,720 MT in 2023. The country is targeting 800,000 MT by the end of the decade.
A joint Europol-Ecuador operation dismantled a Los Lobos-linked trafficking network, seizing 3.7 tonnes of cocaine in the Netherlands, 3+ tonnes in Belgium, and over half a tonne in Ecuador. 16 arrested including a high-value target. $810,000 in cash confiscated.
Ecuador takes on the 7th-ranked Netherlands at Philips Stadion in Eindhoven on March 31, 1:45 PM Ecuador time. Both teams are headed to the 2026 World Cup this summer. Ecuador is missing Piero Hincapie to injury.