Quito, is the capital city of Ecuador. Quito is the second-highest administrative capital city in the world (after La Paz, Bolivia), and the highest legal capital (ahead of Sucre, also in Bolivia, and Bogota, Colombia). Ecuador is in Western South America, bordering the Pacific Ocean at the Equator, between Colombia and Peru. Tropical along coast, becoming cooler inland at higher elevations; tropical in Amazonian jungle lowlands. Coastal plain (costa), inter-Andean central highlands (sierra), and flat to rolling eastern jungle (oriente). The official languages are Spanish and Quechua. Quechua is spoken by Amerindians. English is spoken in some business circles, but a knowledge of Spanish is recommended and appreciated. Spanish is a necessity outside the main cities. The main religion is Christianity. The economy of Ecuador is dominated by natural resources which include petroleum, fish, shrimp, timber and gold. In addition, it has rich agriculture: bananas, flowers, coffee, cacao, sugar, tropical fruits, palm oil, palm hearts, rice, roses, and corn. The country´s greatest national export is crude oil. Conversations take place at a much closer physical distance and often involve more physical contact than expats may be accustomed to at home. Expatriates are generally expected to dress conservatively at work, although more casual business dress may be seen in coastal cities due to the hot and humid climate. Expatriate business dress for women is typically standard Western clothing, although short skirts are not recommended. The security risk for expatriates in Ecuador is low, but medium in Quito and Guayaquil, and high near the Colombian border. Risks include petty / street crime such as bag snatching, abductions / kidnapping for ransom, protests and demonstrations, as well as high levels of corruption. Other risks include active volcanoes. The population in Quito is 4.7 Mil (2015 est.), while the inflation rate is 3.48% (2015 est.).
Cost Of Living
The cost of living for expatriates in In Quito, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Quito as at 1 January 2016 is average in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: High 2) Clothing: High 3) Communication: Average 4) Education: Low 5) Furniture & Appliances: Very High 6) Groceries: Low 7) Healthcare: Average 8) Household Accommodation: Average 9) Miscellaneous: Very High 10) Personal Care: High 11) Recreation & Culture: Average 12) Restaurants Meals Out and Hotels: Low 13) Transport: Very Low Quito is for example -60.8% cheaper than Asmara for groceries, 26% more expensive for household costs than Estonia, and -29.4% cheaper for transport costs than Tallinn. The hardship premium for Quito for an expat from Marseille, is for example 20%, i.e. host location (Quito) premium of 30% minus home (Marseille) location premium of 10%. Quito is ranked as a high degree of hardship location. Want to know more about cost of living, hardship or expat pay in Quito? Register subscribe to your home location and Quito and run your personalised reports.