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Ecuador Insightsas of Oct 2026
Population size
18 M People
Urbanization rate
65%
Population growth
0.8%
Median age
29 years
Household size
3.2 People
Education level
22 percent
GDP
134,710,000,000 USD
GDP per capita
7,380 USD
Inflation rate
2.8 %
Unemployment rate
3.8 %
Cost of living index
40 index (NY=100)
Income inequality (Gini)
45.9 index
Retail sales volume
27,000,000,000 USD
Retail sales per capita
1,484 USD
Disposable income per capita
4,000 USD
Spending by category - apparel
200 USD/person/year
Spending by category - groceries
1,200 USD/person/year
Spending by category - electronics
200 USD/person/year
Number of retail outlets
50,000 outlets
Major national retail chains
Supermaxi, Mi Comisariato, Fybeca chains
Retail market fragmentation
High qualitative
Presence of global brands
Yes qualitative
Dominant retail formats
Supermarkets, traditional markets formats
Average commercial rent
180 USD/sqm/year
Property transaction volume
100,000 transactions
Ease of doing business index
60 index (100 max)
Business permit process time
80 days
Zoning constraints
Moderate qualitative
E-commerce delivery infrastructure
Developing qualitative
Road density
18 km/sq km
Public transport penetration
60 %
Commute patterns
45 minutes average
Vehicle ownership per capita
0.15 vehicles/person
E-commerce share of retail
7 %
Click-and-collect adoption
10 %
Internet penetration
77 %
Mobile commerce usage
50 %
Retail tech startups
20 startups
Retail-related crime rate
10 percent increase
Shoplifting incidents
5,000 incidents
Consumer protection score
60 index (100 max)
Business compliance risk
Medium-high qualitative
Annual tourist arrivals
1,500,000 arrivals
Tourist retail spending
500,000,000 USD
Airport traffic
5,000,000 passengers
Duty-free sales trends
10 percent growth
Projected retail market growth rate
4 %
Urban expansion zones
Guayaquil, Quito suburbs zones
Emerging retail hubs
Cuenca, Manta hubs
Major upcoming national mall or retail projects
New Quito Mall projects
Retail Destinations in Ecuador
Browse 1 retail destination across Ecuador. Explore retail leasing opportunities, demographics, and market analytics for each location on Occupi.
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Ecuador at a Glance
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