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Intelrift Geoeconomic Index· Edition 1 · Q4 2026

Ecuador

33.4

Moderate · 30+Rank 103 of 192+2.4 against the previous edition · #104 → #103Americas · South America · 5 of 5 sub-indices available
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Rank in its region16 / 35Americas
Rank in its income group37 / 59Upper-middle income
Comparable countriesSierra LeoneIGE 34.1 · distance 4.8Comparable countriesKenyaIGE 32.2 · distance 5.3

Comparable countries

Nearest in the five-dimensional sub-index space (euclidean distance over shared dimensions).

What would move the score

  • Chokepoints±2.5 points
  • Sanctions±2.5 points
  • Commodity concentration±2.0 points
  • Institutional fragility±1.5 points
  • Sovereign stress±1.5 points

Change in the IGE if one sub-index moved by 10 points, with this country's effective weights.

Sub-indices against the regional and global mean

CountryRegional meanGlobal mean

Source: Intelrift, IGE. Simple means of covered countries.Data through 19 October 2026

History by edition

Hollow points are retrospectives: past years computed with the current method, without newsroom events and with the current snapshot of the sanctions lists.

Source: Intelrift, IGEData through 19 October 2026

Key factors

What drives the score

  • Intentional homicides per 100,000 people: 45.72 (2023), risk percentile 100.source
  • Reserves in months of imports: 2.8 months (2025), risk percentile 87.source
  • Fuel share of imports: 21.6 % (2025), risk percentile 69.source
  • INFORM risk index: 5.8 (2026), risk percentile 69.source

Each factor comes from a sourced, dated input; the percentile says where the country sits among those covered.

How it is calculated

Weights, coverage and provenance

Chokepoints26Effective 25 %
Sanctions25Effective 25 %
Commodity concentration30Effective 20 %
Institutional fragility57Effective 15 %
Sovereign stress39Effective 15 %

5 of 5 sub-indices available · ige-v1

Provenance hash

ba0e149012500366d5316b98723378c54bc981521ef859b62dad123c32362674

SHA-256 of the canonical JSON of the inputs, their sources and periods, the winsorisation bounds and the weights. Same inputs, same hash.

Read the methodology

Sub-index inputs

Chokepoints · 26.3

How much of the country's GDP depends on six maritime passages (Hormuz, Suez, Malacca, Bab el-Mandeb, Panama, Bosphorus) staying open, plus its imported-energy dependence, logistics performance and whether it is landlocked.

Exposure to the main chokepoint (2025)12.9 % of GDP · percentile 21
Total chokepoint exposure (2025)14.8 % of GDP · percentile 8
Net energy import dependence (2024)0 % · percentile 0
Fuel share of imports (2025)21.6 % · percentile 69
Landlocked (transit dependence) (2026)no · percentile 0
Logistics performance (LPI) (2018)2.9 · percentile 59

Sanctions · 25.2

Whether the jurisdiction is under a sanctions regime (and how intense), how many people and entities linked to the country appear on the OFAC, EU, UN and UK lists, how many on US export-control lists, and how much it trades with sanctioned partners.

Jurisdiction-level sanctions regimeno regime · percentile 0
Designations linked to the country (2026)29 · percentile 53
Designations under country programmes (2026)0 · percentile 0
Entities under US export controls (2026)1 · percentile 17
Exposure to sanctioned partners (2023)41.2 · percentile 56

Commodity concentration · 30.4

Concentration of exports and imports by product group (Herfindahl index), fuel and food share of imports, natural resource rents over GDP and terms-of-trade volatility.

Export concentration (HHI) (2025)0.4 · percentile 22
Import concentration (HHI) (2025)0.44 · percentile 33
Fuel and food share of imports (2025)33.7 % · percentile 49
Natural resource rents (2021)6.7 % of GDP · percentile 22
Terms-of-trade volatility (2024)9.6 % · percentile 26

Institutional fragility · 57.1

Rule of law, political stability, government effectiveness and control of corruption (WGI), the INFORM index, battle deaths, homicides and new conflict displacements per capita, and the quarter's political and security events recorded by Intelrift.

Rule of law (WGI) (2025)41.6 · percentile 81
Political stability and absence of violence (WGI) (2025)54.4 · percentile 61
Government effectiveness (WGI) (2025)51.7 · percentile 54
Control of corruption (WGI) (2025)33.2 · percentile 76
INFORM risk index (2026)5.8 · percentile 69
Battle-related deaths per 100,000 people (2025)0.01 · percentile 0
Intentional homicides per 100,000 people (2023)45.72 · percentile 100
New conflict displacements per 1,000 people (2025)0.02 · percentile 1
Political and security events (90 days) (2026)73.1 · percentile 72
Terror and narco incidents (90 days) (2026)insufficient data

Sovereign stress · 38.9

Reserves in months of imports, current account balance, inflation, depreciation against the dollar, external debt and its service, short-term debt over reserves, broad money over reserves, interest over revenue and Intelrift's daily country risk.

Reserves in months of imports (2025)2.8 months · percentile 87
Current account balance (2025)5.9 % of GDP · percentile 27
Annual inflation (2025)0.7 % · percentile 3
Annual depreciation against the dollar (2025)0 % · percentile 36
External debt to GNI (2024)49.8 % · percentile 36
Debt service to exports (2024)21.9 % · percentile 47
Short-term debt to reserves (2024)9.1 % · percentile 7
Broad money to reserves (2025)8.3× · percentile 59
Interest payments to revenue (2022)4.7 % · percentile 15
Intelrift daily country risk (2026)39 · percentile 71