Public and publicly guaranteed debt service in Ecuador
Ecuador: Public and publicly guaranteed debt service was 3.7% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Ecuador, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, public and publicly guaranteed debt service in Ecuador stood at 3.7%.
The figure is up 10.8% on the previous year and up 86.4% over ten years.
Over the whole period, public and publicly guaranteed debt service in Ecuador peaked at 14.5% in 2000 and was at its lowest, 0.7%, in 1975.
That places Ecuador 30th out of 123 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Ecuador, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 0.9% | — |
| 1971 | 1.3% | +40.2% |
| 1972 | 1.3% | -1.6% |
| 1973 | 1.3% | +1.3% |
| 1974 | 1.5% | +15.7% |
| 1975 | 0.7% | -52.9% |
| 1976 | 1.0% | +35.9% |
| 1977 | 1.1% | +17.4% |
| 1978 | 1.8% | +60.8% |
| 1979 | 6.9% | +276.9% |
| 1980 | 3.3% | -52.6% |
| 1981 | 4.4% | +34.5% |
| 1982 | 5.9% | +33.2% |
| 1983 | 3.4% | -43.0% |
| 1984 | 6.4% | +91.5% |
| 1985 | 5.9% | -7.7% |
| 1986 | 7.0% | +18.6% |
| 1987 | 4.7% | -33.3% |
| 1988 | 7.0% | +48.9% |
| 1989 | 6.6% | -5.3% |
| 1990 | 6.3% | -4.9% |
| 1991 | 5.9% | -6.4% |
| 1992 | 4.8% | -19.2% |
| 1993 | 4.2% | -11.5% |
| 1994 | 4.0% | -5.3% |
| 1995 | 6.4% | +60.0% |
| 1996 | 5.2% | -18.6% |
| 1997 | 7.5% | +44.1% |
| 1998 | 6.2% | -16.9% |
| 1999 | 8.4% | +35.8% |
| 2000 | 14.5% | +72.1% |
| 2001 | 6.7% | -54.1% |
| 2002 | 6.8% | +1.8% |
| 2003 | 4.9% | -27.7% |
| 2004 | 6.1% | +25.1% |
| 2005 | 4.5% | -27.3% |
| 2006 | 5.8% | +28.9% |
| 2007 | 4.1% | -28.9% |
| 2008 | 2.9% | -28.6% |
| 2009 | 11.9% | +308.4% |
| 2010 | 1.4% | -87.9% |
| 2011 | 1.8% | +27.6% |
| 2012 | 2.0% | +7.8% |
| 2013 | 1.9% | -2.1% |
| 2014 | 2.0% | +3.3% |
| 2015 | 3.3% | +65.5% |
| 2016 | 3.2% | -3.9% |
| 2017 | 4.6% | +42.9% |
| 2018 | 5.2% | +14.0% |
| 2019 | 6.0% | +15.9% |
| 2020 | 5.4% | -10.7% |
| 2021 | 2.9% | -45.3% |
| 2022 | 2.8% | -3.9% |
| 2023 | 3.4% | +19.3% |
| 2024 | 3.7% | +10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.8% | 0.7% | 6.9% | 10 |
| 1980s | 5.5% | 3.3% | 7.0% | 10 |
| 1990s | 5.9% | 4.0% | 8.4% | 10 |
| 2000s | 6.8% | 2.9% | 14.5% | 10 |
| 2010s | 3.2% | 1.4% | 6.0% | 10 |
| 2020s | 3.7% | 2.8% | 5.4% | 5 |
Countries ranked near Ecuador
- 27 Belize 4.0% compare
- 28 North Macedonia 4.0% compare
- 29 Morocco 3.8% compare
- 31 Dominican Republic 3.6% compare
- 32 Jordan 3.6% compare
- 33 Uzbekistan 3.6% compare
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)
- 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)
- 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 3.7% 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 14.5% in 2000.
- What is the lowest public and publicly guaranteed debt service recorded in Ecuador?
- The lowest recorded value was 0.7% in 1975.
- How does Ecuador rank for public and publicly guaranteed debt service?
- Ecuador ranks 30th out of 123 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 86.4%. The long-run trend across the full record is volatile.
- 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 GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.