Debt service (PPG and IMF only, % of exports of goods, services and) in Ecuador
Ecuador: Debt service (PPG and IMF only, % of exports of goods, services and) was 14.5% in 2024. ▼ Falling
Debt service (PPG and IMF only, % of exports of goods, services and) in Ecuador, 1976–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
The most recent figure for debt service (ppg and imf only, % of exports of goods, services and) in Ecuador is 14.5%, measured in 2024.
Compared with earlier readings it is up 10.2% on the previous year and up 107.6% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Ecuador peaked at 44.0% in 2009 and was at its lowest, 4.9%, in 2010.
Ecuador ranks 22nd of 118 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 49 years of available data.
Debt service (PPG and IMF only, % of exports of goods, services and) in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 6.1% | — |
| 1977 | 7.6% | +25.1% |
| 1978 | 12.9% | +69.7% |
| 1979 | 38.6% | +198.7% |
| 1980 | 19.1% | -50.6% |
| 1981 | 31.1% | +62.9% |
| 1982 | 40.8% | +31.3% |
| 1983 | 20.3% | -50.1% |
| 1984 | 34.7% | +70.6% |
| 1985 | 29.3% | -15.6% |
| 1986 | 38.9% | +32.8% |
| 1987 | 30.6% | -21.3% |
| 1988 | 37.4% | +22.1% |
| 1989 | 32.8% | -12.3% |
| 1990 | 31.2% | -4.7% |
| 1991 | 30.8% | -1.3% |
| 1992 | 24.1% | -21.8% |
| 1993 | 20.9% | -13.1% |
| 1994 | 19.1% | -8.8% |
| 1995 | 29.0% | +52.1% |
| 1996 | 22.6% | -22.2% |
| 1997 | 33.0% | +46.1% |
| 1998 | 33.9% | +2.9% |
| 1999 | 29.8% | -12.0% |
| 2000 | 38.1% | +27.7% |
| 2001 | 25.0% | -34.3% |
| 2002 | 28.3% | +13.0% |
| 2003 | 20.1% | -28.8% |
| 2004 | 23.9% | +18.7% |
| 2005 | 16.4% | -31.3% |
| 2006 | 17.8% | +8.7% |
| 2007 | 12.1% | -32.2% |
| 2008 | 8.2% | -32.1% |
| 2009 | 44.0% | +435.7% |
| 2010 | 4.9% | -88.8% |
| 2011 | 5.8% | +17.4% |
| 2012 | 6.5% | +12.1% |
| 2013 | 6.7% | +2.9% |
| 2014 | 7.0% | +4.8% |
| 2015 | 14.7% | +110.3% |
| 2016 | 15.1% | +2.6% |
| 2017 | 20.6% | +36.3% |
| 2018 | 21.2% | +3.1% |
| 2019 | 24.3% | +14.6% |
| 2020 | 23.0% | -5.4% |
| 2021 | 11.5% | -49.7% |
| 2022 | 9.4% | -18.4% |
| 2023 | 13.2% | +39.9% |
| 2024 | 14.5% | +10.2% |
Ecuador compared with similar countries
- Ecuador's 14.5% is above the median for upper middle income countries, which is 7.8%, 1.9× the median. (50 countries reporting)
- Ecuador's 14.5% is above the median for Latin America & Caribbean, which is 10.0%, 1.4× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Debt service (PPG and IMF only, % of exports of goods, services and) in Ecuador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +435.7% | 8.2% | 44.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.3% | 6.1% | 38.6% | 4 |
| 1980s | 31.5% | 19.1% | 40.8% | 10 |
| 1990s | 27.4% | 19.1% | 33.9% | 10 |
| 2000s | 23.4% | 8.2% | 44.0% | 10 |
| 2010s | 12.7% | 4.9% | 24.3% | 10 |
| 2020s | 14.3% | 9.4% | 23.0% | 5 |
Countries ranked near Ecuador
More external debt data for Ecuador
- IFC, private nonguaranteed 96.60 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 5.33 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0008 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 77.22 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.7% (2024)
- Net financial flows, IDA -66,000 NFL, current US$ (2023)
- Net financial flows, IDA (NFL, current US$), per capita -0.0037 NFL, current US$ per person (2023)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2023)
- Net financial flows, IBRD 1.05 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 11.6% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Ecuador?
- Debt service (ppg and imf only, % of exports of goods, services and) in Ecuador was 14.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Ecuador?
- The highest recorded value was 44.0% in 2009.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Ecuador?
- The lowest recorded value was 4.9% in 2010.
- How does Ecuador rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Ecuador ranks 22nd out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Ecuador?
- Over the last ten years it is up 107.6%. The long-run trend across the full record is falling.
- Where does this Ecuador data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.