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Ecuador Key Figures

Population:
18.2 million
GDP growth rate:
2.36 %/year
Energy independence:
100%

Data of the last year available: 2023

Total consumption/GDP:*
79.2 (2005=100)
CO2 Emissions:
2.17 tCO2/capita
Rate of T&D power losses:
16.8%

* at purchasing power parity

View all macro and energy indicators in the Ecuador energy report

Ecuador Energy Research

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Ecuador Total Energy Production & Consumption

Per capita energy consumption is around 0.89toe, a level 40% below the South American average (2023). Per capita electricity consumption is approximately 1 600 kWh.

Energy consumption has risen by 5% since 2021, reaching 16 Mtoe in 2023. Previously, it fell by 16% in 2020, rebounded by 14% in 2021, and was roughly stable from 2014 to 2019 as a result of low economic growth.

Oil supplies 79% of the country's total energy consumption, hydroelectricity 14%, biomass 4%, and gas 3% (2023).

Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

Source: Ecuador energy report

Interactive Chart Ecuador Total Energy Production & Consumption

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Ecuador energy report

Ecuador Oil Production & Consumption

Oil production, which decreased to 24.2 Mt in 2023 (-1.2%), was relatively stable between 2020 and 2022. Previously, it increased by 3%/year between 2009 and 2014, following the inauguration of the Panacocha field, and then decreased between 2014 and 2020 (-2.2%/year). Production comes from the east of the country in the Amazon region, with the most productive fields being Shushufindi, Sacha, Auca, and ITT, with productions between 51 and 72 kb/d.

Source: Ecuador energy report

Interactive Chart Ecuador Crude Oil Production & Consumption

Source: Global Energy & CO2 data

Interactive Chart Ecuador Refined Oil Products Production & Consumption

Source: Global Energy & CO2 data

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Additionally, for more detailed information on refineries, you can request a sample of our America Refineries Dataset

Ecuador Natural Gas Production & Consumption

The country's marketed gas production is low (0.62 bcm in 2023) and it has one of the highest venting and flaring rates in the world (about 60% of gross production). Natural gas is extracted from the Amistad field in the Gulf of Guayaquil.

Source: Ecuador energy report

Interactive Chart Ecuador Gas Production & Consumption

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on the LNG trade, you can request a sample of our America LNG Trade Dataset

Ecuador Renewable in % Electricity Production

The Master Electricity Plan 2018-2027 projects a share of 88% of renewables in the power mix in 2027 (73% in 2022).

The objective set in the National Plan for Good Living 2017-2021 for a 90% share of electricity generation from renewables (including hydropower) in 2021 has not been achieved (only 78% reached).

Source: Ecuador energy report

Interactive Chart Ecuador Share of Renewables in Electricity Production (incl hydro)

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Ecuador GHG emissions and CO2 emissions

In its second NDC (2025), Ecuador aims to reduce its GHG emissions by 7% in 2035 (-8.8 MtCO2e) compared to a reference scenario. This reduction target would be raised to 15% (almost 11 MtCO2e), provided the availability of international support. This conditional scenario would limit total emissions to around 110 MtCO2e, i.e., 10% above 2023 levels (99 MtCO2e).

According to its 5th Communication to UNFCC, GHG emissions reached 88 MtCO2e in 2022, of which 47% from energy, 29.5% from LULUCF, 13% of agriculture, 5.5% from wastes, and 5% from industry process.

Source: Ecuador energy report

Interactive Chart Ecuador CO2 emissions

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed consumption trends at country level (graphs, tables, analysis) in the Ecuador energy report