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Ecuador’s Economy “Has Begun a Period of Recovery,” Says Central Bank Manager

Summary by El Universo
After the contraction of 2% of gross domestic product (GDP) in 2024, the general manager of the Central Bank of Ecuador (BCE), Guillermo Avellán, says that the Ecuadorian economy “has begun a period of recovery.”

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After the contraction of 2% of gross domestic product (GDP) in 2024, the general manager of the Central Bank of Ecuador (BCE), Guillermo Avellán, says that the Ecuadorian economy “has begun a period of recovery.”

Thanks to exports, remittances, credit and greater investment, the Central Bank of Ecuador (BCE) reported that in 2025, there were signs of recovery in the country, this after a contraction of 2% in the previous year. Ecuador’s economy is in a period of

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El Universo broke the news in on Monday, June 9, 2025.
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