Publication: Digital Economy for Latin America and the Caribbean - Country Diagnostic: Ecuador
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2024-02-12
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2024-02-12
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Ecuador has made significant progress on the adoption of digital technologies over the past decade. Despite these advances, millions of Ecuadorians, particularly those in rural areas, continue to be excluded from the digital economy because of affordability constraints, uneven infrastructure, and gaps in digital skills. Accelerating the adoption of digital technologies and addressing inequities in digital access can help Ecuador achieve its development goals. This report provides recommendations to support the effective implementation of Ecuador’s Digital Transformation Agenda 2022–2025. Universal internet access and digital transformation can help the country promote productivity and competitiveness in the non-extractive sectors, foster sustainable growth, create better jobs, and bridge inequalities, particularly the urban-rural divide as concerns the indigenous populations. The government’s commitment to digital transformation to address its development challenges is evident in the newly passed agenda, which includes digital infrastructure as axis number one. This report provides Ecuadorian authorities with recommendations for implementing the agenda across six pillars: digital infrastructure, digital public platforms, digital financial services, digital businesses, digital skills, and the trust environment. Key recommendations include legal and regulatory reforms to address affordability barriers to internet access, foster fintech and e-commerce ecosystems, and enhance cybersecurity. Ecuador’s digital transformation will also require investments in fixed and mobile infrastructure and international bandwidth, as well as in digital public platforms, to improve user experience and interoperability. Guiding student progress in digital skills from primary to higher education and digitizing government payments are also key reform areas.
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“World Bank. 2024. Digital Economy for Latin America and the Caribbean - Country Diagnostic: Ecuador. © World Bank. http://hdl.handle.net/10986/41035 License: CC BY-NC 3.0 IGO.”
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