Public and publicly guaranteed debt service in Ecuador
Ecuador: Public and publicly guaranteed debt service was 11.6% in 2024. ▼ Falling
Public and publicly guaranteed debt service in Ecuador, 1976–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, public and publicly guaranteed debt service in Ecuador stood at 11.6%.
Compared with earlier readings it is up 5.1% on the previous year and up 65.9% over ten years.
Over the whole period, public and publicly guaranteed debt service in Ecuador peaked at 44.0% in 2009 and was at its lowest, 4.9%, in 2010.
That places Ecuador 25th out of 120 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 49 years of available data.
Public and publicly guaranteed debt service in Ecuador, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1976 | 6.1% | — |
| 1977 | 7.6% | +25.1% |
| 1978 | 12.3% | +61.9% |
| 1979 | 38.6% | +213.1% |
| 1980 | 19.1% | -50.6% |
| 1981 | 31.1% | +62.9% |
| 1982 | 40.8% | +31.3% |
| 1983 | 20.3% | -50.2% |
| 1984 | 34.2% | +68.3% |
| 1985 | 28.7% | -16.2% |
| 1986 | 37.6% | +31.1% |
| 1987 | 24.5% | -34.9% |
| 1988 | 31.0% | +26.7% |
| 1989 | 28.6% | -7.6% |
| 1990 | 26.8% | -6.3% |
| 1991 | 27.2% | +1.3% |
| 1992 | 21.7% | -20.1% |
| 1993 | 20.0% | -7.9% |
| 1994 | 18.6% | -7.2% |
| 1995 | 28.3% | +52.5% |
| 1996 | 22.0% | -22.1% |
| 1997 | 32.8% | +48.9% |
| 1998 | 32.5% | -1.0% |
| 1999 | 28.5% | -12.2% |
| 2000 | 38.0% | +33.3% |
| 2001 | 24.9% | -34.6% |
| 2002 | 28.1% | +13.1% |
| 2003 | 19.6% | -30.5% |
| 2004 | 22.6% | +15.2% |
| 2005 | 14.7% | -34.9% |
| 2006 | 17.4% | +18.6% |
| 2007 | 11.9% | -31.4% |
| 2008 | 8.2% | -31.2% |
| 2009 | 44.0% | +435.7% |
| 2010 | 4.9% | -88.8% |
| 2011 | 5.8% | +17.5% |
| 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 | 20.5% | +36.2% |
| 2018 | 21.2% | +3.1% |
| 2019 | 24.0% | +13.5% |
| 2020 | 22.0% | -8.4% |
| 2021 | 10.6% | -52.0% |
| 2022 | 8.8% | -17.1% |
| 2023 | 11.0% | +25.9% |
| 2024 | 11.6% | +5.1% |
Ecuador compared with similar countries
- Ecuador's 11.6% is above the median for upper middle income countries, which is 7.4%, 1.6× the median. (51 countries reporting)
- Ecuador's 11.6% is above the median for Latin America & Caribbean, which is 9.7%, 1.2× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Public and publicly guaranteed debt service 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% |
| 1979 | +213.1% | 12.3% | 38.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.2% | 6.1% | 38.6% | 4 |
| 1980s | 29.6% | 19.1% | 40.8% | 10 |
| 1990s | 25.8% | 18.6% | 32.8% | 10 |
| 2000s | 22.9% | 8.2% | 44.0% | 10 |
| 2010s | 12.6% | 4.9% | 24.0% | 10 |
| 2020s | 12.8% | 8.8% | 22.0% | 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre -0.2657 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Ecuador?
- Public and publicly guaranteed debt service in Ecuador was 11.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Ecuador?
- The highest recorded value was 44.0% in 2009.
- What is the lowest public and publicly guaranteed debt service recorded in Ecuador?
- The lowest recorded value was 4.9% in 2010.
- How does Ecuador rank for public and publicly guaranteed debt service?
- Ecuador ranks 25th out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Ecuador?
- Over the last ten years it is up 65.9%. 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 Public and publicly guaranteed debt service (% 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
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.