The GDP is $58.7 billion. The GDP per capita is $4,800. Only 35% of the population are below the poverty line. The lowest 10% of income is shared by 2.3% of the population and the highest 10% are 37.6%. The foreign debt is $12.5 billion. 12% of people who live in Ecuador experience wide spread unemployment. Their industrial production growth rate is 2.4%. The budget in Ecuador is $5.1 billion, not including money from private organizations.

Ecuador produces a range of products to be exported. They export 30% petroleum, 26% bananas, 16% shrimp, 2% cut flowers, and 1.9% fish. They export to the United States (39%); Latin America (25%); EU countries (22%); and Asia (12%). Ecuador imports $2.9 billion worth of products. These

Internet. 2 November 1999. Available WWW:http://www.ecuador.org/law&

On August 10 1998, President Jamil Mahuad took his term as Ecuador's president, and the new government brought forth a new constitution. Primary and secondary education will be free to everyone, in the new constituiton. Universities will not be included in this; students also will be required, much like in the United States, to pass admissions requirements before entering the university. Education is a major factor in helping the poor of Ecuador, by being educated one can start to help themselves by finding better jobs that pay more.

Embassy of Ecuador: Washington, DC "Information About Ecuador" n.pag. On-line.

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Approximate Pages = 6 (250 words per page double spaced)