Ecuador. Foreign direct investment is lower than what the country thought it had in the last five years. Initially, the Central Bank calculated an inflow of external capital - between 2002 and 2006 - for USD 7,723.8 million. However, the real figure is only USD 3,256.5 million.
In short, 58% of the capital that comes in by investment goes back to interest payments. But in addition, the injection of foreign resources decreased markedly in five years.
While in 2002, investment reached USD 783.2 million, in 2006 it fell to USD 271.4 million. As a result, Ecuador stopped attracting investment by 65 per cent.
Of the 3,256.5 million dollars that were entered in this period, 2,153.4 million are distributed between agriculture, industry, electricity, services, commerce and transport. The remaining 1,103.1 million correspond to the exploitation of mines and quarries, whose main item is oil.
