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 News
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Ecuador Energy Research
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Ecuador Total Energy 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)
Interactive Chart Ecuador Total Energy Consumption
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View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Ecuador energy report
Ecuador Crude Oil Production
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.
Interactive Chart Ecuador Crude Oil Production
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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).
Interactive Chart Ecuador Share of Renewables in Electricity Production (incl hydro)
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Ecuador CO2 Fuel Combustion/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.