External debt stocks in Ecuador
Ecuador: External debt stocks was 49.7% in 2024. ◆ Volatile
External debt stocks in Ecuador, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, external debt stocks in Ecuador stood at 49.7%.
Compared with earlier readings it is down 4.5% on the previous year and up 101.5% over ten years.
Over the whole period, external debt stocks in Ecuador peaked at 106.4% in 2000 and was at its lowest, 11.0%, in 1974.
Ecuador ranks 45th of 121 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks in Ecuador, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 14.2% | — |
| 1971 | 15.9% | +12.1% |
| 1972 | 17.1% | +7.3% |
| 1973 | 15.2% | -10.9% |
| 1974 | 11.0% | -27.5% |
| 1975 | 12.9% | +17.5% |
| 1976 | 13.6% | +4.8% |
| 1977 | 23.0% | +69.2% |
| 1978 | 35.1% | +52.9% |
| 1979 | 33.7% | -4.0% |
| 1980 | 35.4% | +5.0% |
| 1981 | 36.9% | +4.4% |
| 1982 | 41.2% | +11.7% |
| 1983 | 47.3% | +14.7% |
| 1984 | 53.1% | +12.3% |
| 1985 | 54.6% | +2.8% |
| 1986 | 66.0% | +20.8% |
| 1987 | 81.9% | +24.1% |
| 1988 | 91.5% | +11.7% |
| 1989 | 90.8% | -0.7% |
| 1990 | 86.7% | -4.5% |
| 1991 | 78.9% | -9.0% |
| 1992 | 71.5% | -9.4% |
| 1993 | 78.1% | +9.2% |
| 1994 | 83.2% | +6.5% |
| 1995 | 72.3% | -13.0% |
| 1996 | 72.1% | -0.3% |
| 1997 | 67.7% | -6.2% |
| 1998 | 69.1% | +2.1% |
| 1999 | 104.2% | +50.8% |
| 2000 | 106.4% | +2.1% |
| 2001 | 81.8% | -23.1% |
| 2002 | 75.9% | -7.3% |
| 2003 | 67.7% | -10.7% |
| 2004 | 61.8% | -8.7% |
| 2005 | 53.1% | -14.1% |
| 2006 | 46.5% | -12.5% |
| 2007 | 44.1% | -5.1% |
| 2008 | 31.9% | -27.7% |
| 2009 | 22.7% | -28.7% |
| 2010 | 22.9% | +0.8% |
| 2011 | 20.8% | -9.2% |
| 2012 | 18.8% | -9.6% |
| 2013 | 20.1% | +6.6% |
| 2014 | 24.7% | +23.1% |
| 2015 | 29.7% | +20.5% |
| 2016 | 36.9% | +24.2% |
| 2017 | 40.3% | +9.1% |
| 2018 | 43.0% | +6.6% |
| 2019 | 49.7% | +15.5% |
| 2020 | 60.9% | +22.7% |
| 2021 | 55.1% | -9.6% |
| 2022 | 53.1% | -3.6% |
| 2023 | 52.1% | -1.9% |
| 2024 | 49.7% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.2% | 11.0% | 35.1% | 10 |
| 1980s | 59.9% | 35.4% | 91.5% | 10 |
| 1990s | 78.4% | 67.7% | 104.2% | 10 |
| 2000s | 59.2% | 22.7% | 106.4% | 10 |
| 2010s | 30.7% | 18.8% | 49.7% | 10 |
| 2020s | 54.2% | 49.7% | 60.9% | 5 |
Countries ranked near Ecuador
- 42 Eritrea 51.5% compare
- 43 Saint Lucia 51.3% compare
- 44 Liberia 50.5% compare
- 46 Colombia 49.2% compare
- 47 Bosnia and Herzegovina 49.2% compare
- 48 Côte d'Ivoire 48.8% compare
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)
- Services, value added (current US$), annual growth rate 5.09 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5697 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 4,059 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.09 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5697 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 4,059 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.58 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5262 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks in Ecuador?
- External debt stocks in Ecuador was 49.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Ecuador?
- The highest recorded value was 106.4% in 2000.
- What is the lowest external debt stocks recorded in Ecuador?
- The lowest recorded value was 11.0% in 1974.
- How does Ecuador rank for external debt stocks?
- Ecuador ranks 45th out of 121 countries with data for 2024.
- Is external debt stocks rising or falling in Ecuador?
- Over the last ten years it is up 101.5%. 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 External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. 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.