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Ecuador: Services
Country Study > Chapter 3 > The Economy > Services

SERVICES


The service sector constituted the largest component of the Ecuadorian economy, accounting for almost 50 percent of the GDP in 1987. The largest parts of the service sector were wholesale and retail trade at 29 percent, financial services at 23 percent, and transportation and communications at 15 percent of services. Although contributing half the nation's wealth, financial services were inadequate, and the communication and transportation networks remained underdeveloped.




Last Updated: January 1989


Editor's Note: Country Studies included here were published between 1988 and 1998. The Country study for Ecuador was first published in 1989. Where available, the data has been updated through 2008. The date at the bottom of each section will indicate the time period of the data. Information on some countries may no longer be up to date. See the "Research Completed" date at the beginning of each study on the Title Page or the "Data as of" date at the end of each section of text. This information is included due to its comprehensiveness and for historical purposes.

Note that current information from the CIA World Factbook, U.S. Department of State Background Notes, Australia's Department of Foreign Affairs and Trade Country Briefs, the UK's Foreign and Commonwealth Office's Country Profiles, and the World Bank can be found on Factba.se.

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Section 65 of 128






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