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Economic Freedom Index

The ranking includes data on labor and business freedom and trade policy, taxation, monetary policy, the banking system, foreign-investment rules, property rights, government spending, regulation policy, the level of corruption, and the extent of wage and price controls.

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Ecuador

Location: South America Official name: Republic of Ecuador Formation (date of independence / date current borders were established): 1830 / 1942 Capital city: Quito Population: 13.8 million / 129 people per sq mile (50 people per sq km) Total land area: 109,483 square miles (283,560 square km) Language(s) spoken: Spanish (official language), Quechua, other Main …

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