Articles
Business intelligence and analysis on Ecuador
Ecuador Mortgage Ceiling Falls to 10.19% as Market Rates Move Lower
Ecuador’s maximum mortgage rate fell to 10.19% in June 2026, down 0.92 percentage points from a year earlier. Primicias reports average private-bank mortgage rates of 7.35%, Biess program rates as low as 2.99%, and Tu Casa Miti-Miti loans at a fixed 4.99%.
Ecuador Households Now Use 10 Retail Channels as Price Pressure Shapes Demand
Ecuadorian households now use 10 retail channels, up from six before the pandemic, according to Expreso. The shift reflects pressure from households living on USD 513 or less per month and a basic family basket listed at USD 828.97.
El Niño Could Add Up to 1.85 Points to Ecuador Inflation and Raise 2027 Cost Risks
Expreso reports El Niño 2026-2027 is active and could add up to 1.85 percentage points to Ecuador’s inflation. The food-price impact may arrive two to six months after the climate event, while hydropower risk remains part of the macro watchlist.
Biess Lists Property Auctions From July as Distressed Assets Move Through Coactive Processes
Biess has property auctions beginning in July 2026, including apartments from USD 23,000 and Quito houses from USD 26,000. Primicias says the assets come from coactive collection processes and are listed through the Biess Remates platform.
Ecuador Cuts Mining-Fee Revenue Forecast to USD 44M as Exploration Is Excluded
Ecuador reduced its projected annual mining-fee revenue from USD 220 million to USD 44 million after excluding exploration-stage concessions from the control fee. The revised framework, in force from June 26, adds 300 mineral-processing plants and recalibrates payment timing for 2026.
Ecuador-Colombia Trade Fell to USD 700M During Tariff Dispute, Recovery Seen at 75%
Ecuador-Colombia trade fell to USD 700 million in January-April 2026 from USD 888 million a year earlier during a four-month tariff dispute. Commercial flows are recovering after tariff removal, but Tulcán chamber leadership estimates normalization may still take 30 to 40 days.
Ecuador Fuel Band Pushes Diesel to USD 3.25 and Extra Gasoline to USD 3.31 in June
Diesel reached USD 3.25 per gallon and Extra gasoline reached USD 3.31 in June 2026 under Ecuador’s monthly fuel-price band system. The adjustment mechanism remains a cost variable for logistics, transport and consumer inflation exposure.
Ecuador Oil Output Falls 1.5% In January-May 2026
Ecuadorian crude production fell 1.5% between January and May 2026, according to Primicias. The decline keeps energy-sector execution and Petroecuador output central to fiscal monitoring for the rest of the year.
Ecuador-Argentina Auto Deal Would Cut Import Tariff to 10%
Ecuador and Argentina have completed negotiations on an automotive trade agreement that would lower the tariff on Argentine vehicles entering Ecuador from 28% to 10%. The measure could reshape import pricing, competition and regional supply-chain positioning in Ecuador’s auto sector.
Assembly Orders 30-Day Review Of Progen Fund Transfers
The National Assembly unanimously ordered a review into the destination and route of funds transferred by Progen, with a 30-day report deadline. The case adds governance risk around public contracting and power-sector procurement.
Colombia Power Sales Could Cut Ecuador's Dry-Season Deficit to 850 MW
Colombia could resume electricity sales to Ecuador after publishing a June 7 draft resolution, but supply is uncertain from November 2026 into early 2027. Primicias reports that Colombian imports could reduce Ecuador's severe dry-season deficit from roughly 1,300 MW to 850 MW if the 450 MW interconnection is available.
BDE Places USD 100M Green Bond as Public Banking Enters Market
Banco de Desarrollo del Ecuador issued USD 100 million in green bonds in its first securities-market operation of this type. The issue drew 125% demand, with 80% bought by the private sector, and is intended to finance environmental infrastructure projects.
