Short-term debt in Ecuador
Ecuador: Short-term debt was 1.6% in 2024. ◆ Volatile
Short-term debt in Ecuador, 1976–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, short-term debt in Ecuador stood at 1.6%. That is the lowest value across all 49 years on record.
That represents a change of down 72.0% on the previous year and down 53.7% over ten years.
Over the whole period, short-term debt in Ecuador peaked at 101.6% in 1993 and was at its lowest, 1.6%, in 2024.
Ecuador ranks 100th of 119 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Ecuador, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1976 | 16.8% | — |
| 1977 | 52.6% | +214.0% |
| 1978 | 68.9% | +30.9% |
| 1979 | 46.5% | -32.6% |
| 1980 | 52.9% | +13.9% |
| 1981 | 67.5% | +27.5% |
| 1982 | 80.1% | +18.8% |
| 1983 | 43.4% | -45.8% |
| 1984 | 43.3% | -0.4% |
| 1985 | 29.7% | -31.3% |
| 1986 | 18.8% | -36.6% |
| 1987 | 36.2% | +92.4% |
| 1988 | 44.8% | +23.8% |
| 1989 | 48.7% | +8.6% |
| 1990 | 55.2% | +13.3% |
| 1991 | 63.8% | +15.5% |
| 1992 | 59.9% | -6.0% |
| 1993 | 101.6% | +69.6% |
| 1994 | 87.7% | -13.6% |
| 1995 | 24.8% | -71.8% |
| 1996 | 27.9% | +12.4% |
| 1997 | 33.5% | +20.2% |
| 1998 | 44.3% | +32.3% |
| 1999 | 20.9% | -53.0% |
| 2000 | 12.9% | -38.0% |
| 2001 | 23.7% | +83.4% |
| 2002 | 37.2% | +56.8% |
| 2003 | 23.2% | -37.6% |
| 2004 | 19.0% | -18.2% |
| 2005 | 13.0% | -31.5% |
| 2006 | 12.2% | -6.0% |
| 2007 | 11.5% | -5.5% |
| 2008 | 7.8% | -32.6% |
| 2009 | 8.4% | +8.3% |
| 2010 | 5.4% | -35.9% |
| 2011 | 3.4% | -36.8% |
| 2012 | 3.0% | -13.4% |
| 2013 | 3.1% | +4.3% |
| 2014 | 3.5% | +12.7% |
| 2015 | 4.9% | +41.4% |
| 2016 | 4.3% | -12.5% |
| 2017 | 4.8% | +12.1% |
| 2018 | 4.2% | -13.1% |
| 2019 | 3.6% | -15.2% |
| 2020 | 5.0% | +40.1% |
| 2021 | 4.3% | -14.5% |
| 2022 | 5.2% | +22.3% |
| 2023 | 5.7% | +10.3% |
| 2024 | 1.6% | -72.0% |
Ecuador compared with similar countries
- Ecuador's 1.6% is below the median for upper middle income countries, which is 17.7%, 9% of the median. (51 countries reporting)
- Ecuador's 1.6% is below the median for Latin America & Caribbean, which is 14.1%, 11% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Short-term debt 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 |
|---|---|---|---|
| 1977 | +214.0% | 16.8% | 52.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 46.2% | 16.8% | 68.9% | 4 |
| 1980s | 46.6% | 18.8% | 80.1% | 10 |
| 1990s | 52.0% | 20.9% | 101.6% | 10 |
| 2000s | 16.9% | 7.8% | 37.2% | 10 |
| 2010s | 4.0% | 3.0% | 5.4% | 10 |
| 2020s | 4.4% | 1.6% | 5.7% | 5 |
Countries ranked near Ecuador
- 97 Madagascar 2.4% compare
- 98 Serbia 2.0% compare
- 99 Grenada 1.8% compare
- 101 Niger 1.5% compare
- 102 Democratic Republic of Congo 1.3% compare
- 103 Papua New Guinea 0.9% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.30 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 191.26 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.01 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 71.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.84 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Ecuador?
- Short-term debt in Ecuador was 1.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Ecuador?
- The highest recorded value was 101.6% in 1993.
- What is the lowest short-term debt recorded in Ecuador?
- The lowest recorded value was 1.6% in 2024.
- How does Ecuador rank for short-term debt?
- Ecuador ranks 100th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Ecuador?
- Over the last ten years it is down 53.7%. 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 Short-term debt (% 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
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.