Ecuador lifts 2026 growth forecast to 2.7%, flags El Niño risk

Ecuador's government raised its 2026 GDP growth forecast to 2.7%, citing improved economic momentum, while warning that El Niño could pose downside risks to 2027 growth. The forecast revision signals modest optimism, but the El Niño warning introduces uncertainty around agriculture, energy, and infrastructure. The net market impact is limited given Ecuador's small global footprint, though it may support local assets.