The nation's leader Daniel Noboa emerged without injury following his official convoy was attacked by stone-throwing protesters and what authorities described as possible shots.
The president was opening a water purification facility in central Ecuador when his convoy was attacked by a sizeable crowd demonstrating against rising energy costs.
About 500 people showed up and were throwing stones at him, and there are obviously bullet marks on the official vehicle
commented Ecuador's environmental official.
Authorities confirmed that five individuals were detained and would face court proceedings on terrorism charges – an crime carrying a highest penalty of three decades in prison.
Recorded material released by the administration shows demonstrators standing in the road, draped in flags, scrambling to collect large stones and bricks.
When the official vehicle passed, projectiles slammed into the exterior and broke windows.
A voice could be audible shouting: "Heads down! Get down!" as the vehicle sped away.
Authorities said they were continuing to examine whether some of the damage on Noboa's protected vehicle were caused by bullet impacts.
This reported incident came amid several days of increasingly violent protests sparked by a administration's move to increase diesel prices.
Demonstrators have gone on strike, blocked roads and taken sixteen military personnel – who were subsequently freed without injury.
Ecuador's biggest native group stated that a demonstrator had been killed by security personnel during a the rallies.
Over one hundred individuals, including demonstrators and law enforcement, are believed to have been hurt in the unrest.
The president has imposed a emergency measures across multiple provinces.
The presidential administration stated on digital platforms following the attack that "cowardly acts will not deter" the president.
A senior official of the Organization of American States said that "such violent acts are an assault on democratic principles, peace, and the spirit of harmonious living that must dominate in our nations."
Noboa is trying to reduce fuel support to conserve about $1bn in government spending, diverting a significant portion of the funds to security funding.
Ecuador, once considered one of the region's most secure countries, has seen a significant increase in criminal activity in recent years.
Positioned between two neighboring countries, both the planet's biggest cocaine producers, the country has transformed into a significant transportation center for narcotics.
Authorities have accused cartels of exacerbating the protests, implying that illegal organizations are exploiting the demonstrations to destabilize the country.
It is estimated that 70% of the global cocaine supply transits via Ecuador, a large portion of it destined for the United States.
The trade has attracted international criminal organizations, including Mexican drug cartels, Italy's 'Ndrangheta, and Albanian criminal networks.
Their competition for control of trafficking routes has transformed the nation into one of the region's most dangerous places.
Noboa has proposed a public vote to permit the return of US troops to the nation, overturning a previous restriction on international military installations.
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