Debt service as a share of exports of good and services in Ecuador
Ecuador: Debt service as a share of exports of good and services was 11.4% in 2023. ◆ Volatile
Debt service as a share of exports of good and services in Ecuador, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, debt service as a share of exports of good and services in Ecuador stood at 11.4%.
That represents a change of up 21.0% on the previous year and up 71.4% over ten years.
Over the whole period, debt service as a share of exports of good and services in Ecuador peaked at 44.0% in 2009 and was at its lowest, 4.9%, in 2010.
Ecuador ranks 28th of 116 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a share of exports of good and services in Ecuador, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 38.1% | — |
| 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 | 17.9% | +8.6% |
| 2007 | 12.1% | -32.2% |
| 2008 | 8.2% | -32.1% |
| 2009 | 44.0% | +435.5% |
| 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 | 20.6% | +36.4% |
| 2018 | 21.2% | +3.1% |
| 2019 | 24.3% | +14.5% |
| 2020 | 23.0% | -5.4% |
| 2021 | 11.6% | -49.5% |
| 2022 | 9.4% | -18.5% |
| 2023 | 11.4% | +21.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.4% | 8.2% | 44.0% | 10 |
| 2010s | 12.7% | 4.9% | 24.3% | 10 |
| 2020s | 13.9% | 9.4% | 23.0% | 4 |
Countries ranked near Ecuador
More economy & growth data for Ecuador
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.51 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 3.89 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.6272 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 4,469 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.74 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5543 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3,950 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 3.35 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7554 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is debt service as a share of exports of good and services in Ecuador?
- Debt service as a share of exports of good and services in Ecuador was 11.4% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Ecuador?
- The highest recorded value was 44.0% in 2009.
- What is the lowest debt service as a share of exports of good and services recorded in Ecuador?
- The lowest recorded value was 4.9% in 2010.
- How does Ecuador rank for debt service as a share of exports of good and services?
- Ecuador ranks 28th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Ecuador?
- Over the last ten years it is up 71.4%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).