The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Ecuador  
Rank: 90 · Score: 31.2  

Basic facts        
Population (millions) 18.0   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 116.1   M&A volume (quartile) Bottom
GDP per capita (US$) 6,451.0   Venture capital investments (quartile) 3rd
GDP growth (per cent) 2.9   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 90 36, 34, 35, 34, 35 31.2
1 Economic Activity 55 68, 59, 63, 68, 70 75.5
2 Depth of Capital Market 87 39, 38, 38, 38, 38 14.6
3 Taxation 87 51, 51, 42, 39, 38 77.8
4 Investor Protection and Corporate Governance 98 21, 25, 27, 27, 27 47.6
5 Human and Social Environment 104 20, 26, 24, 20, 21 23.2
6 Entrepreneurial Opportunities 92 34, 36, 34, 36, 33 35.2


 
Historic performance, 2019-2023   Key driver performance, 2023
 

   
VC/PE Rank  
VC Rank  
PE Rank
Ecuador  
Latin America
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Jamaica 55.9 30.4 76.2 67.6 32.1 37.2
Panama 70.1 28.5 75.3 59.6 25.2 35.0
Uruguay 68.0 14.2 86.7 65.9 32.2 48.4
Ecuador 75.5 14.6 77.8 47.6 23.2 35.2
Dominican Republic 73.0 12.4 81.5 56.1 25.0 24.3
Bolivia 67.4 13.9 55.5 24.9 17.6 33.4
Guatemala 77.0 6.9 88.9 45.2 21.4 26.1
Last updated: 4 Nov 2023