The Central Bank of Ecuador has launched an initiative to develop Ecuador’s Oceanic Thematic Account, aimed at strengthening economic statistics related to marine and coastal activity and making the contribution of ocean natural capital to the country’s economic development more visible. The initiative is intended to measure and disclose the contribution of marine natural capital to gross domestic product, linking economic growth to the sustainability of coastal, marine and ocean ecosystems. The work programme also includes updating the Ecosystem Account for Ecuador’s insular Exclusive Economic Zone using a moving-base methodology, with the aim of improving the macroeconomic consistency of results and enabling officialisation and periodic updates. The central bank positioned the initiative alongside other institutional projects, including the launch of Ecuador’s Bioeconomy Satellite Account and its “Greening the Central Bank of Ecuador” project to embed sustainability criteria into internal processes.
Central Bank of Ecuador 2026-03-11
Central Bank of Ecuador launches initiative to build an Oceanic Thematic Account to strengthen marine economy statistics
The Central Bank of Ecuador is developing Ecuador’s Oceanic Thematic Account to improve economic statistics on marine activities and highlight ocean natural capital's contribution to economic development. This initiative aims to measure marine natural capital's impact on GDP and link growth to ecosystem sustainability. Additionally, the bank plans to update the Ecosystem Account for the insular Exclusive Economic Zone and integrate sustainability into its processes through related projects.