The economy of Ecuador is the eighth largest in Latin America and the 69th largest in the world by total GDP. Ecuador's economy is based on the export of oil, bananas, shrimp, gold, other primary agricultural products and money transfers from Ecuadorian emigrants employed abroad. In 2017, remittances constituted 2.7% of Ecuador's GDP. The total trade amounted to 42% of the Ecuador's GDP in 2017.
Quito, the financial capital of Ecuador
EXA's first satellite, NEE-01 Pegasus
Ecuador, officially the Republic of Ecuador, is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. Ecuador also includes the Galápagos Islands in the Pacific, about 1,000 kilometers (621 mi) west of the mainland. The country's capital is Quito, but its largest city is Guayaquil.
A Venus (2,300-2,000 BCE) of the Valdivia culture (from Santa Elena Province) displayed in the National Archaeological Museum of Florence.
Figure of the Jama Coaque culture (300 BCE-800 CE) (from Manabí Province). Walters Art Museum.
Ruins of Ingapirca, was an outpost and supplier for the Incan troops, and also was a coricancha, a place of worship to the Sun (Inti), the main god
The colonial Quito, capital of the Real Audiencia of Quito, today a UNESCO World Heritage Site.