APPENDIX  A:  COUNTRY DATA 1/

1.  Country Profile
  Population (1994): 11.2 million
  Population Growth (%): 2.2
  Religion: Roman Catholic
  Government: Constitutional democracy
  Languages: Spanish, Quichua
  Work Week: Monday-Friday

2.  Domestic Economy           1992   1993 2/  1994 2/  1995 2/
  GDP 3/                     12,223 14,311   15,909   16,660
  GDP Real Growth (%)           3.6    2.0      2.5      4.0
  GDP Per Capita (US$) 3/     1,139  1,303    1,418    1,452
  Gov. Spending/GDP (%) 4/     27.4   26.5     26.0     25.0
  Public Deficit/GDP (%) 4/    (2.3)  (0.4)    (0.5)     0.0
  Inflation (%) 5/             60.2   31.0     25.0     15.0
  Unemployment (%) 6/           8.9    9.4      9.0      8.0
  Foreign Reserves (year-end)   782  1,254    1,200    1,300
  Debt Service/Exports (%) 7/  60.9   55.6     50.0     50.0
  U.S. Bilateral Assistance 8/ 32.1   23.7     16.9     17.1
  Ave. Exch. Rate (Sucres/US$) 1587   1918     2200     2500

3.  Trade 9/                   1992   1993 2/  1994 2/  1995 2/
  Merchandise Exports (FOB)   3,008  2,904    2,850    3,000
    To U.S.                   1,408  1,327    1,311    1,410
    U.S. Share (%)             46.8   45.7     46.0     47.0
  Merchandise Imports (CIF)   2,430  2,562    2,820    2,930
    From U.S.                   813    824      902      967
    U.S. Share (%)             33.4   32.1     32.0     33.0
  Manufactured Imports (CIF)  2,107  2,160    2,400    2,500
    From U.S.                   746    707      770      800
    U.S. Share (%)             35.4   32.8     32.1     32.0
   Total Annual Growth (%)     12.7    2.5     11.1      4.2
    U.S. Annual Growth (%)        -   (5.2)     8.9      3.9
  Agricultural Imports (CIF)    163    128      130      135
    From U.S.                    33     67       65       65
    U.S. Share (%)             20.4   52.2     50.0     48.1
    Total Annual Growth (%)   (14.0) (21.5)     1.6      3.8
    U.S. Annual Growth (%)        -  100.0     (3.0)     0.0
  Trade Balance:
    with U.S.                   594    503      409      443
    with Japan                 (266)  (334)    (350)    (300)
    with Italy                  (28)   (80)     (50)     (40)

  Exports to U.S.: Petroleum, Shrimp, Bananas, Coffee, Gold

  Imports from U.S.: Wheat, Semifinished Iron and Steel, Computer
                  Equipment, Automobiles, Construction Equipment

  Balance of Payments:           22    472      (54)     100
    Current Account              10   (360)    (760)    (770)
      Trade Account (FOB)       960    578      310      400
      Service Account        (1,070)(1,068)  (1,200)  (1,300)
      Transfers                 120    130      130      130
    Capital Account            (608)  (123)     566      870
    Debt Arrears                620    955      140        0

4.  Investment                 1992   1993 2/  1994 2/  1995 2/
  Foreign Direct Investment /10  95    115      179      350
    From U.S.                     9     10       39       80
    From Western Europe          11     38       15       35
  FDI Flow/GDP (%)              0.8    0.8      1.1      2.1

Notes to Appendix A
1/  Unless otherwise indicated, all data are from the Central
Bank of Ecuador (BCE), converted to millions of US$ at the
average annual free market exchange rate.

2/  Data is provisional for 1993.  Data for 1994 and 1995 is
projected by U.S. Embassy based on BCE and other public sources.

3/  Due to real exchange rate fluctuations, GDP in dollar terms
can be misleading.

4/  Consolidated public sector expenditures and surplus or
deficit (including quasi-fiscal Central Bank losses) as a percent
of GDP.

5/  December-to-December percentage change in the National
Statistics and Census Institute (INEC) urban consumer price
index.

6/  Urban formal sector unemployment based on annual National
Employment Institute (INEM) surveys.  Measured urban formal
sector underemployment averages 7 percent.  Urban informal sector
employment stands at 41 percent.

7/  Scheduled amortization and interest payments, including
arrears, as percentage of exports of goods and services.

8/  U.S. economic and military assistance obligated by fiscal
year.

9/  BCE trade data varies from U.S. Department of Commerce data.
Exports reported on FOB basis; imports on CIF basis.  Trade
Account includes balance of payments adjustment to FOB imports.

10/ Total direct foreign investment flows from BCE balance of
payments statistics.  Flows from country of origin based on
investments registered with BCE.  Substantial DFI flows come via
"off-shore" locations such as Panama and Bahamas.