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According to the World Bank, Ecuador is the second-fastest growing economy in South America this year

RIO DE JANEIRO, BRAZIL - The World Bank expects Ecuador to grow 4.3% in 2022, a much more generous expectation than that of the country's central bank, which last week announced GDP growth of 2.8%. It also expects Ecuador's economy to grow 3.1% in 2023 and 2.9% in 2024.

Ecuador's performance will be very close to that of its neighboring countries, with Colombia growing by 4.4% and Peru by 3.4%. A significant change compared to 2021, when the Peruvian economy closed at 13.3% and Colombia's at 10.6%.

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