Total debt service in Ecuador
Ecuador: Total debt service was 21.9% in 2024. ▼ Falling
Total debt service in Ecuador, 1976–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Ecuador recorded 21.9% for total debt service in 2024.
The figure is down 4.5% on the previous year and up 58.0% over ten years.
Over the whole period, total debt service in Ecuador peaked at 78.7% in 1982 and was at its lowest, 8.9%, in 2010.
That places Ecuador 31st out of 120 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 49 years of available data.
Total debt service in Ecuador, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1976 | 11.1% | — |
| 1977 | 12.5% | +13.1% |
| 1978 | 19.8% | +57.9% |
| 1979 | 45.6% | +130.3% |
| 1980 | 34.2% | -25.1% |
| 1981 | 46.9% | +37.3% |
| 1982 | 78.7% | +67.8% |
| 1983 | 29.9% | -62.0% |
| 1984 | 38.0% | +27.1% |
| 1985 | 33.2% | -12.5% |
| 1986 | 43.4% | +30.7% |
| 1987 | 34.2% | -21.2% |
| 1988 | 40.1% | +17.1% |
| 1989 | 35.9% | -10.5% |
| 1990 | 33.2% | -7.4% |
| 1991 | 32.4% | -2.5% |
| 1992 | 26.2% | -19.0% |
| 1993 | 24.2% | -7.8% |
| 1994 | 21.3% | -11.6% |
| 1995 | 30.8% | +44.2% |
| 1996 | 26.5% | -13.8% |
| 1997 | 35.7% | +34.3% |
| 1998 | 38.5% | +8.0% |
| 1999 | 43.7% | +13.4% |
| 2000 | 51.0% | +16.7% |
| 2001 | 38.3% | -24.9% |
| 2002 | 42.5% | +11.2% |
| 2003 | 33.9% | -20.3% |
| 2004 | 44.0% | +29.8% |
| 2005 | 37.1% | -15.7% |
| 2006 | 30.7% | -17.2% |
| 2007 | 23.9% | -22.2% |
| 2008 | 11.9% | -50.3% |
| 2009 | 49.5% | +316.8% |
| 2010 | 8.9% | -82.1% |
| 2011 | 9.7% | +9.5% |
| 2012 | 10.0% | +2.6% |
| 2013 | 11.3% | +13.7% |
| 2014 | 13.8% | +22.1% |
| 2015 | 23.6% | +70.8% |
| 2016 | 26.5% | +12.3% |
| 2017 | 29.2% | +10.0% |
| 2018 | 35.6% | +22.0% |
| 2019 | 35.8% | +0.6% |
| 2020 | 41.1% | +14.7% |
| 2021 | 22.4% | -45.4% |
| 2022 | 14.4% | -35.6% |
| 2023 | 22.9% | +58.5% |
| 2024 | 21.9% | -4.5% |
Ecuador compared with similar countries
- Ecuador's 21.9% is above the median for upper middle income countries, which is 14.4%, 1.5× the median. (51 countries reporting)
- Ecuador's 21.9% is above the median for Latin America & Caribbean, which is 19.8%, 1.1× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Total debt service 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 |
|---|---|---|---|
| 2009 | +316.8% | 11.9% | 49.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.3% | 11.1% | 45.6% | 4 |
| 1980s | 41.4% | 29.9% | 78.7% | 10 |
| 1990s | 31.2% | 21.3% | 43.7% | 10 |
| 2000s | 36.3% | 11.9% | 51.0% | 10 |
| 2010s | 20.4% | 8.9% | 35.8% | 10 |
| 2020s | 24.5% | 14.4% | 41.1% | 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)
- 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 total debt service in Ecuador?
- Total debt service in Ecuador was 21.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Ecuador?
- The highest recorded value was 78.7% in 1982.
- What is the lowest total debt service recorded in Ecuador?
- The lowest recorded value was 8.9% in 2010.
- How does Ecuador rank for total debt service?
- Ecuador ranks 31st out of 120 countries with data for 2024.
- Is total debt service rising or falling in Ecuador?
- Over the last ten years it is up 58.0%. The long-run trend across the full record is falling.
- Where does this Ecuador data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% 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
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.