The 35 year old now faces a heavy task in rebuilding the South American country which is struggling with rising crime and a weak economy.

Since the pandemic, the same things that have motivated thousands to migrate, flanked by heavily armed guards.

Noboa spoke to supporters after his victory was confirmed tomorrow, we start work for this new Ecuador.

We start working to rebuild a country seriously battered by violence by corruption and by hate from tomorrow.

Hope will start working from tomorrow.

Daniel Noboa starts work as your new president with more than 90% of ballot boxes counted.

Noboa had won more than 52% of the vote while his leftist rival, Luisa Gonzalez won around 48%.

Boa supporters celebrated in the streets as final tallies came in.

I am elderly but I see in him the mentality of a young man that will change our beloved Ecuador.

It's a breath of fresh air for Ecuador to have a ruler that does not belong to the traditional old politics was a surprise qualifier for the run off in the early election and his victory marks a rebuke by voters of Gonzalez's mentor, the former president Rafael Correa, who has maintained considerable political influence since he left office despite a corruption conviction, Noboa's victory also fulfills a long held family ambition for the presidency after his father banana baron, Alvaro Noboa fell short in multiple bids for top office.

However, he'll have a short term of only 17 months to fix the flailing economy and address a spike in violence.

It reached a crescendo on the campaign trail with the murder of anti corruption candidate Fernando Villa Ceo who was assassinated while leaving a campaign event in August.

Noboa has pledged several measures to tackle crime including forming a new intelligence unit and, and ships to house the country's most dangerous convicts though markets were expected to receive Noboa's victory with more enthusiasm than they would have a win by his rival.

Analysts have said investors longer term reaction could be swayed by Noboa's cabinet picks which are expected next week.