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Results for “digital services”Clear
Ecuador's tax authority SRI reported $267.2 billion in reported sales for 2025, a 9% increase over 2024, alongside $21.5 billion in tax collection (+6.8%). The online portal pulled in 167 million visits and 3.5 million access-credential transactions. Mobile service brigades jumped 226%.
The National Assembly approved a law making financial education mandatory across all levels of Ecuador's education system, from early childhood to university. The curriculum will cover electronic fraud prevention, safe digital platform use, and AI literacy. Revolución Ciudadana voted against despite one legislator calling it 'objective and technical.'
The U.S. Trade Representative and Ecuador formalized a reciprocal trade deal covering approximately $2.786 billion in goods. U.S. beef tariffs will phase to zero over three years, pork tariffs are mostly eliminated, and Ecuador secures preferential treatment for over 90% of the U.S. agricultural schedule.
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.
Latin America's largest mobile carrier will spend $600 million over three years to modernize its Ecuador network, expand coverage, and roll out 5G. Service is already live in Guayaquil, Quito, Puerto Ayora, and Coca.
President Noboa used the World Government Summit in Dubai to court international investment, pledging $600 million for infrastructure and signing an anti-corruption agreement with the UAE.