Short-term debt in Ecuador
Ecuador: Short-term debt was 9.1% in 2024. ◆ Volatile
Short-term debt in Ecuador, 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
Ecuador recorded 9.1% for short-term debt in 2024. That is the lowest value across all 55 years on record.
The figure is down 80.6% on the previous year and down 64.7% over ten years.
Over the whole period, short-term debt in Ecuador peaked at 444.0% in 1982 and was at its lowest, 9.1%, in 2024.
Ecuador ranks 86th of 111 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 total reserves | Change |
|---|---|---|
| 1970 | 140.2% | — |
| 1971 | 197.1% | +40.6% |
| 1972 | 90.4% | -54.1% |
| 1973 | 54.8% | -39.4% |
| 1974 | 43.5% | -20.6% |
| 1975 | 64.4% | +48.0% |
| 1976 | 45.3% | -29.6% |
| 1977 | 124.2% | +174.0% |
| 1978 | 164.6% | +32.5% |
| 1979 | 123.0% | -25.3% |
| 1980 | 125.3% | +1.9% |
| 1981 | 253.6% | +102.4% |
| 1982 | 444.0% | +75.1% |
| 1983 | 145.3% | -67.3% |
| 1984 | 173.9% | +19.7% |
| 1985 | 115.9% | -33.4% |
| 1986 | 62.4% | -46.1% |
| 1987 | 129.3% | +107.2% |
| 1988 | 210.3% | +62.6% |
| 1989 | 199.2% | -5.3% |
| 1990 | 179.8% | -9.7% |
| 1991 | 202.8% | +12.8% |
| 1992 | 221.3% | +9.1% |
| 1993 | 250.6% | +13.2% |
| 1994 | 204.7% | -18.3% |
| 1995 | 73.4% | -64.2% |
| 1996 | 78.9% | +7.5% |
| 1997 | 93.5% | +18.5% |
| 1998 | 130.6% | +39.7% |
| 1999 | 59.9% | -54.2% |
| 2000 | 67.6% | +12.9% |
| 2001 | 128.9% | +90.6% |
| 2002 | 230.4% | +78.8% |
| 2003 | 147.1% | -36.1% |
| 2004 | 119.7% | -18.6% |
| 2005 | 70.8% | -40.9% |
| 2006 | 87.4% | +23.5% |
| 2007 | 53.8% | -38.5% |
| 2008 | 37.0% | -31.3% |
| 2009 | 35.5% | -4.0% |
| 2010 | 40.6% | +14.3% |
| 2011 | 28.6% | -29.6% |
| 2012 | 31.5% | +10.3% |
| 2013 | 19.7% | -37.5% |
| 2014 | 25.7% | +30.2% |
| 2015 | 42.7% | +66.4% |
| 2016 | 20.7% | -51.5% |
| 2017 | 50.4% | +143.5% |
| 2018 | 49.9% | -1.1% |
| 2019 | 31.7% | -36.4% |
| 2020 | 15.8% | -50.2% |
| 2021 | 15.8% | +0.2% |
| 2022 | 22.7% | +43.6% |
| 2023 | 46.7% | +105.6% |
| 2024 | 9.1% | -80.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 104.8% | 43.5% | 197.1% | 10 |
| 1980s | 185.9% | 62.4% | 444.0% | 10 |
| 1990s | 149.6% | 59.9% | 250.6% | 10 |
| 2000s | 97.8% | 35.5% | 230.4% | 10 |
| 2010s | 34.1% | 19.7% | 50.4% | 10 |
| 2020s | 22.0% | 9.1% | 46.7% | 5 |
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)
- Services, value added (constant LCU), per capita 3,891 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.48 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9235 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 6,580 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9235 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 6,580 current LCU per person (2025)
Frequently asked questions
- What is short-term debt in Ecuador?
- Short-term debt in Ecuador was 9.1% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Ecuador?
- The highest recorded value was 444.0% in 1982.
- What is the lowest short-term debt recorded in Ecuador?
- The lowest recorded value was 9.1% in 2024.
- How does Ecuador rank for short-term debt?
- Ecuador ranks 86th out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Ecuador?
- Over the last ten years it is down 64.7%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.