Average Salary in Ecuador: Comprehensive Report 2025

Ani Gasparyan

Last updated on February 4, 2025 | 17 min read

FinanceLatAmSalarie

• With an average salary of $1370 in 2025, businesses can tap into Ecuador’s growing talent pool and benefit from cost-effective hiring solutions.
• Ecuador offers a skilled workforce, with higher education levels leading to 24%-29% higher salaries, making it an ideal destination for global talent acquisition.

Ecuador, with its rich culture and stunning landscapes, is becoming a key player in Latin America’s economic growth. The country’s highly educated workforce and strong tech sector make it an appealing option for companies looking to outsource or expand in the region. Notably, 91.3% of tech employees in Ecuador hold undergraduate or postgraduate degrees, and the country’s small yet densely populated areas benefit from reliable internet connectivity. This makes Ecuador an attractive destination for businesses looking to nearshore or set up operations. But what are the salary trends shaping Ecuador’s job market?

The average salary in Ecuador is approximately $1370 per month, which is lower than that of its regional neighbors. However, salaries vary significantly across different sectors. For example, software developers and database administrators typically earn around $1500 per month, while data scientists and IT project managers can earn upwards of $2000. Understanding these variations is crucial for businesses, job seekers, and investors navigating Ecuador’s job market. This report provides a detailed overview of average salaries in Ecuador for 2025, covering key industries, regional variations, and economic factors essential for businesses, job seekers, and investors to understand.

Key salary metrics in Ecuador

Ecuador’s job market is characterized by diverse salary ranges influenced by factors such as industry, education, experience, and geographical location. First, let’s take a look at the key salary metrics in Ecuador to get a clearer understanding of the country’s wage landscape.

Minimum wage

As of January 2024, the minimum monthly wage in Ecuador reached $536.60, marking its highest level to date. This represents a significant increase from an average of $322.96/month observed between 2000 and 2024. Over the years, Ecuador’s minimum wage has shown notable growth, climbing from a record low of $84.10/month in February 2000 to its current level.

Despite this progress, Ecuador’s wages remain substantially lower than those in countries like the United States, where the federally mandated minimum wage stands at $7.25 per hour, equivalent to approximately $1256/month for full-time workers.

Salary range in Ecuador

In Ecuador, salaries vary significantly across different sectors, with a minimum monthly salary of $340 and a maximum reaching up to $6080. This broad range reflects the varying levels of skill, industry demand, and job roles within the country. For instance, workers in lower-paying jobs may earn closer to the minimum wage, while those in more specialized or senior positions can earn much higher salaries. In comparison, the United States presents a much wider and higher salary range, starting at around $2000 per month and going up to an average maximum of $35250. This disparity underscores the economic differences between the two nations, where wages in Ecuador are generally lower but often offset by the lower cost of living. The gap in earnings also highlights the global variation in income levels, influenced by factors like industry, education, and geographic location.

Salary distribution in Ecuador

When it comes to salary distribution, Ecuador’s workforce presents the following trends:

The average salary in Ecuador

The average monthly salary in Ecuador across all industries is approximately $1370, which translates to about $8 per hour. This is slightly above the US federal minimum wage of $7.25 per hour. Moreover, salaries in Ecuador often include additional benefits, such as housing and transportation.

In contrast, the average monthly salary in the United States is significantly higher, at $4112, according to data from the Bureau of Labor Statistics (BLS) and Jobted.

Median salary in Ecuador

The median monthly salary in Ecuador is $1470, meaning 50% of workers earn less than this amount, while the other half earn more. In comparison, the median salary in the US was reported as $1165 per week in the third quarter of 2024, according to the BLS.

The median salary is a better indicator of typical earnings because it represents the middle point in a list of sorted salaries unaffected by extreme values at either end of the spectrum.

Salaries by education level

In Ecuador, educational attainment plays a significant role in determining salary levels. Higher levels of education generally correlate with higher earnings. Here’s a breakdown of how salaries vary by educational qualifications:

• Individuals with a Bachelor’s degree typically earn 24% more than those with just a diploma. This difference is largely due to the advanced skills and specialized knowledge gained through a Bachelor’s program, which are in high demand in various industries.
• When it comes to Master’s degree holders, they earn, on average, 29% more than those with a Bachelor’s. This is because Master’s programs often provide deeper expertise in specific fields, opening doors to better-paying roles, particularly in technical and management positions.
• Those who hold a Ph.D. see a 23% increase in earnings compared to individuals with a Master’s degree. The Ph.D. credential signifies the highest level of academic achievement, positioning these professionals for senior roles in leadership, research, and specialized areas where their expertise is highly valued.

Influence of universities

Ecuador has several prominent universities that contribute to the educational landscape and the development of highly skilled professionals. Institutions such as the Central University of Ecuador, Espiritu Santo University, and San Francisco de Quito University are known for offering strong academic programs in engineering, business, health sciences, and technology. Graduates from these institutions typically find better-paying job opportunities, particularly in sectors like technology, law, and healthcare.

The increased earning potential for individuals with higher education degrees reflects the specialized knowledge they gain and the growing demand for qualified professionals in various fields.

In terms of English proficiency, Ecuador keeps pace with neighboring countries like Colombia and Brazil and continues to make progress. The chart below shows the English Proficiency Index for several countries in Latin America.

Salaries by experience

Building on the impact of education, experience also plays a crucial role in determining salaries in Ecuador. As professionals gain more years in the workforce, their earnings tend to increase significantly. Employees with 2-5 years of experience earn about 32% more than entry-level and junior workers. Those with over five years of experience can expect to earn 36% more compared to those with fewer than five years. After ten years in the workforce, salaries increase by another 21%, and individuals with over 15 years of experience can see an additional 14% increase in their wages.

Here’s a chart summarizing the salary increase based on years of experience in percentages:

As experience builds, professionals are often able to move into higher-paying, senior-level positions where their expertise is valued.

Salaries for highest-paying professions

Ecuador’s highest-paying jobs include:

By contrast, tech professionals earn:

• Large companies offer salaries of up to $3000 per month.
• Small businesses generally pay around $1000 per month.

Salary insights for developers

Ecuador offers competitive salary rates for software developers, making it an appealing option for companies aiming to hire skilled professionals at lower costs compared to North America or Europe. An added advantage is Ecuador’s use of the US dollar as its official currency since 2000, which provides economic stability and eliminates the complexities of currency conversion for international employers. This simplifies salary payments and budgeting for businesses working with Ecuadorian talent. Additionally, with a pool of over 20000 software developers, Ecuador offers a strong and diverse workforce, which is an appealing choice for tech companies looking to expand their teams.

Below is a breakdown of average salary ranges for different software development roles in Ecuador, based on data from several sources, including Glassdoor and Talently.

For further insights, you can explore platforms such as Plane and Levels.

Many software developers and IT professionals in Ecuador work as 1099 contractors for US-based companies. This arrangement offers significant flexibility for both parties, allowing businesses to access skilled talent without the need for long-term commitments or navigating complex international employment laws. For contractors, this setup provides the opportunity to work on diverse projects and earn competitive compensation, often aligned with US market rates. Since Ecuador uses the US dollar as its official currency, payment processing is straightforward, eliminating the need for currency conversion. However, it’s important for companies and contractors to comply with tax regulations, such as contractors completing IRS Form W-8BEN to certify their foreign status. This ensures proper documentation while avoiding withholding taxes for non-US residents performing services outside the US.

Salary increment rates

Employees in Ecuador typically enjoy a 7% salary increase every 19 months. This is notably higher than the global average of 3% every 16 months. Salary increments can vary by industry and experience level, with top management often receiving annual increases ranging from 15-20%. This trend reflects the growing value placed on experienced and skilled workers in the country.

Cost of living

Living costs in Ecuador are relatively low compared to other countries. A single person typically needs $814 per month to cover basic expenses, which is significantly lower than many North American and European countries.

In the United States, where living expenses are significantly higher, an individual requires an average of $2454 monthly to cover basic costs. Thus, with an average salary of $1370 monthly, Ecuador offers a cost-effective environment for residents and businesses.

In addition to its affordable cost of living, Ecuador provides a favorable security environment for residents and businesses. With a crime index of 62.40, the country remains safer than several regional counterparts like Venezuela (80.90) and Brazil (65.10), offering a more stable environment for daily life and operations. This combination of affordability and relative safety positions Ecuador as a compelling destination for companies seeking to expand operations or recruit top talent at competitive costs.

Employer and employee contributions

Ecuador’s social security system, overseen by the government’s Social Security Institute, provides coverage for health benefits, pensions, and select social payments. The system encompasses all employees, including those in private, public, and foreign sectors, as well as self-employed professionals, under comprehensive social security legislation.

Here’s a detailed table summarizing the social security contribution requirements in Ecuador:

Industry-specific salary overview

While we’ve discussed overall salary ranges in Ecuador, it’s important to note that earnings can vary greatly across industries. Factors such as demand, specialization, and economic contributions play a key role in shaping salaries within specific sectors. Let’s explore how different industries compare in terms of average pay.

Technology and IT

The technology and IT sector is one of Ecuador’s highest-paying industries, with an average salary of $1400 per month. Due to the growing demand for skilled professionals, roles like software developers, cybersecurity experts, and IT project managers are in high demand. The increasing focus on digital transformation across industries continues to drive salary growth in this field, making it an attractive option for tech-savvy professionals.

Oil and mining

The oil and mining industries, which are key contributors to Ecuador’s economy, offer an average salary of $1280 per month. Engineers, geologists, and skilled laborers in these fields are well-compensated, reflecting the expertise required and the global demand for Ecuador’s natural resources. The sector remains a vital source of high-paying employment due to its role in the country’s economic development.

Healthcare and medical

In the healthcare and medical sector, professionals enjoy competitive salaries, with an average salary of $2030 per month. This sector is highly rewarding, particularly for doctors, surgeons, and medical specialists, who can earn significantly more, especially when working in private clinics or hospitals. These roles require advanced education and specialized training, making them highly valued in the market. Healthcare support roles, such as nurses, medical technicians, and other professionals, tend to earn more moderate salaries but still benefit from the growing demand for healthcare services in Ecuador. With the increasing emphasis on healthcare infrastructure and the country’s commitment to improving medical services, salaries in this sector are expected to see continued growth.

Science and technical services

The science and technical services sector offers an average salary of $1780 per month. Professionals in this field, such as researchers, analysts, and technical specialists, are in high demand due to their expertise in various scientific and technological domains. Whether working in environmental science, biotechnology, or engineering, these professionals contribute to significant advancements and innovations. The steady demand for skilled workers in this field ensures stable career prospects, and the increasing integration of science and technology into various industries is likely to drive further salary growth in the coming years.

Regional salary differences

Salaries in Ecuador can vary significantly across different cities, influenced by factors such as economic development, industry presence, and cost of living. The largest cities, Quito and Guayaquil, offer higher salaries due to their role as business and cultural hubs, while smaller cities like Portoviejo provide lower wages, though often with a more affordable cost of living. Understanding these regional differences is crucial for both job seekers and businesses looking to understand salary trends across the country. Below is an overview of average salaries in key cities in Ecuador.

Quito

As the capital city of Ecuador, Quito offers the highest average salaries in the country, with professionals earning approximately $1380 per month. The city’s economic growth, particularly in sectors like technology, finance, and health, contributes to this competitive wage landscape. Quito’s role as the political and cultural center of Ecuador also attracts skilled professionals across various industries, further driving up salaries in specialized roles.

Guayaquil

Guayaquil, Ecuador’s commercial and industrial hub, presents slightly higher salaries than Quito, averaging $1420 per month. The city’s strong emphasis on trade, manufacturing, and industrial activities, combined with its access to international markets, makes it an attractive location for both local and foreign businesses. This dynamic economy provides stable income opportunities for skilled professionals, managers, and those in high-demand sectors like logistics and international business.

Portoviejo

Portoviejo, located in Ecuador’s coastal region, has an average salary of $1170 per month. The city’s economy relies on agriculture, manufacturing, and regional trade, and while salaries may be lower than those in larger cities like Quito and Guayaquil, Portoviejo benefits from a relatively lower cost of living. This balance of affordable living and steady job opportunities makes Portoviejo a viable option for workers seeking more economical living conditions without sacrificing employment prospects.

Economic trends influencing salaries

Inflation and cost of living

Although Ecuador’s inflation rate has remained relatively stable in recent years, the rising costs of living in urban areas are starting to impact the purchasing power of many workers. This is particularly evident among low to mid-level earners who struggle to keep up with the increasing prices of housing, food, and other essential services. As cities like Quito and Guayaquil continue to grow, wages may need to adjust to meet the demands of an ever-changing economy.

Dollarized economy

Since Ecuador adopted the US dollar in 2000, the country has seen a greater degree of economic stability compared to its neighbors. However, this dollarized economy also means that salary growth often mirrors that of the US rather than the local economic conditions. While this brings economic security and foreign investment, it also means that salaries can be relatively lower when compared to countries with local currencies that are more flexible in terms of inflation adjustments.

Foreign investments

Foreign investment has become a key driver of higher wages in Ecuador, particularly in the technology and renewable energy sectors. The influx of international companies and capital has resulted in more high-paying job opportunities, especially in fields like software development, energy, and infrastructure. These investments not only create jobs with competitive salaries but also improve the overall economic outlook of the country, leading to long-term job market growth.

Remote work opportunities

The rise of remote work presents an exciting opportunity for Ecuadorians to tap into global job markets. Professionals with specialized skills can earn salaries significantly above local averages by working for companies in the US, Europe, or other high-paying regions. This trend has become increasingly popular, especially in industries such as IT, customer support, and marketing, where the talent pool is more flexible and global in scope. Remote work not only offers higher wages but also provides Ecuadorians with the chance to broaden their career prospects without having to leave the country.

Employee benefits in ecuador

In Ecuador, employers are mandated to provide certain benefits to ensure the well-being and security of their employees. These statutory benefits are designed to protect workers and promote a fair working environment. Let’s look at the key mandatory benefits employers must provide in Ecuador.

Additional benefits

While not mandatory, many employers in Ecuador offer supplemental benefits to attract and retain talent:

It’s important to note that while these additional benefits are not required by law, they are common practices among employers aiming to enhance employee satisfaction and loyalty.

Employers should ensure compliance with all statutory benefits and consider offering additional perks to create a competitive and supportive work environment.

Interesting to know

The Middle of the World monument in Quito, Ecuador.

When considering Ecuador as an outsourcing destination, it’s essential to note some key aspects, including communication methods and time zone alignment. Here are some useful insights for businesses exploring outsourcing opportunities in Ecuador.

How to call Ecuador from different countries

From the US
Start by dialing the international exit code 011, followed by Ecuador’s country code 593. Then, input the area code of the city you wish to call (excluding any leading 0) and finish with the local number.
Example: To call Quito, dial 011 + 593 + 2 + local number.

From the UK
Begin with the international exit code 00, then add Ecuador’s country code 593. Next, include the area code (without the 0) and the local phone number.
Example: To contact Guayaquil, dial 00 + 593 + 4 + local number.

From Australia
Dial the international exit code 0011, followed by Ecuador’s country code 593. Proceed with the city’s area code (excluding the 0) and the local phone number.
Example: To call Cuenca, dial 0011 + 593 + 7 + local number.

Important tip: Ecuador uses a fixed-line and mobile number system. Mobile numbers start with 9 after the area code. In addition, consider using apps like WhatsApp, which are widely used across Ecuador and help reduce costs for international calls.

Time zone differences

Being aware of time zone differences is key to maintaining clear communication and scheduling with teams in Ecuador. Below is a comparison of local times between Quito, Ecuador, and several major cities:

DevsData LLC — your partner in recruiting from Ecuador

DevsData LLC is a leading IT recruitment agency with over 8 years of experience in helping businesses find the best talent in Ecuador, particularly for American companies. Known for its exceptional client satisfaction, reflected in a perfect 5/5 rating on Clutch and GoodFirms, the company is recognized for delivering high-quality recruitment services that meet the unique needs of its clients.

With a vast database of over 65000 professionals and a government-approved recruitment license, DevsData LLC offers an efficient and thorough recruitment process. The company uses a 90-minute problem-solving challenge to assess candidates’ technical abilities, guaranteeing that only the best are selected. Additionally, DevsData LLC works on a success fee model, meaning you only pay once the ideal candidate has been successfully hired. They also offer a guarantee period, providing clients with peace of mind in their hiring decisions.

The agency’s team of 40 experienced recruiters based in the US and Europe conducts in-depth technical interviews and skills assessments to ensure that businesses are matched with top-tier candidates. Whether you are expanding an existing team or building a new one, DevsData LLC tailors its process to meet your specific needs.

The company has partnered with global organizations such as Johnson & Johnson, ZIM, and BCG, as well as innovative startups from the US and Israel. Their recruitment solutions cover a wide range of industries and focus on emerging technologies like AI, machine learning, and data science. Their approach helps businesses quickly build skilled teams, reduce time-to-hire, and ensure perfect candidate matches.
As your partner for hiring from Ecuador, DevsData LLC provides the expertise and resources to help you tap into the country’s growing pool of tech talent. For more information, contact them at general@devsdata.com or visit their website at www.devsdata.com.

Conclusion

Ecuador’s evolving salary landscape mirrors the country’s economic transformation, with emerging sectors like technology and energy offering more competitive wages and promising career opportunities. While challenges such as regional disparities and lower wages in agriculture still exist, the growth of industries like tech and energy creates a fertile ground for higher-paying jobs, particularly in cities like Quito and Guayaquil. For businesses, understanding these trends is crucial to offering competitive compensation packages that attract top talent, which, in turn, helps companies thrive in an increasingly dynamic economy.

For those looking to hire top talent in Ecuador, DevsData LLC stands out as a trusted partner. With over 8 years of expertise, a global database of over 65000 professionals, and a track record of successful partnerships with high-growth startups and global corporations, DevsData LLC excels at matching businesses with the right candidates. The company’s comprehensive recruitment solutions, including employer of record (EoR) and business process outsourcing (BPO) services, simplify the hiring process, ensuring compliance and seamless remote team management across borders. With DevsData LLC, companies can efficiently scale their teams, tapping into Ecuador’s growing talent pool with confidence.

To learn more about how DevsData LLC can help you build the perfect team, contact them at general@devsdata.com or watch the video below.

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Ani Gasparyan Senior copywriter and marketer

Ani is a marketing enthusiast and content writer. With 6+ years of expertise in marketing, she succeeded in developing engaging marketing collaterals, including blog articles, social media content, and other promotional materials. With a keen eye for detail and a knack for storytelling, she thrives in crafting compelling content that resonates with the target audience.

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