Total debt service in Ecuador
Ecuador: Total debt service was 7.1% in 2024. ◆ Volatile
Total debt service in Ecuador, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in Ecuador stood at 7.1%.
Compared with earlier readings it is up 0.7% on the previous year and up 77.4% over ten years.
Over the whole period, total debt service in Ecuador peaked at 19.5% in 2000 and was at its lowest, 1.3%, in 1975.
Ecuador ranks 30th of 121 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Ecuador, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 1.7% | — |
| 1971 | 2.1% | +26.0% |
| 1972 | 2.0% | -6.9% |
| 1973 | 2.5% | +27.5% |
| 1974 | 1.9% | -23.0% |
| 1975 | 1.3% | -31.4% |
| 1976 | 1.8% | +34.5% |
| 1977 | 1.9% | +6.2% |
| 1978 | 3.0% | +56.8% |
| 1979 | 8.2% | +177.2% |
| 1980 | 5.9% | -28.1% |
| 1981 | 6.7% | +13.4% |
| 1982 | 11.4% | +70.4% |
| 1983 | 4.9% | -56.6% |
| 1984 | 7.1% | +44.6% |
| 1985 | 6.9% | -3.6% |
| 1986 | 8.1% | +18.2% |
| 1987 | 6.6% | -19.3% |
| 1988 | 9.0% | +37.6% |
| 1989 | 8.3% | -8.3% |
| 1990 | 7.8% | -5.9% |
| 1991 | 7.0% | -9.9% |
| 1992 | 5.7% | -18.2% |
| 1993 | 5.1% | -11.4% |
| 1994 | 4.6% | -9.8% |
| 1995 | 6.9% | +51.3% |
| 1996 | 6.2% | -9.9% |
| 1997 | 8.1% | +30.0% |
| 1998 | 7.4% | -9.3% |
| 1999 | 12.9% | +75.3% |
| 2000 | 19.5% | +50.8% |
| 2001 | 10.3% | -47.3% |
| 2002 | 10.3% | +0.1% |
| 2003 | 8.5% | -17.2% |
| 2004 | 12.0% | +41.0% |
| 2005 | 11.3% | -5.8% |
| 2006 | 10.2% | -9.9% |
| 2007 | 8.2% | -19.3% |
| 2008 | 4.2% | -48.4% |
| 2009 | 13.4% | +217.7% |
| 2010 | 2.6% | -80.6% |
| 2011 | 3.1% | +18.9% |
| 2012 | 3.1% | -1.3% |
| 2013 | 3.3% | +8.1% |
| 2014 | 4.0% | +20.4% |
| 2015 | 5.3% | +34.3% |
| 2016 | 5.6% | +5.2% |
| 2017 | 6.5% | +15.4% |
| 2018 | 8.7% | +34.9% |
| 2019 | 9.0% | +2.7% |
| 2020 | 10.0% | +11.8% |
| 2021 | 6.3% | -37.7% |
| 2022 | 4.7% | -25.4% |
| 2023 | 7.0% | +50.2% |
| 2024 | 7.1% | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.6% | 1.3% | 8.2% | 10 |
| 1980s | 7.5% | 4.9% | 11.4% | 10 |
| 1990s | 7.2% | 4.6% | 12.9% | 10 |
| 2000s | 10.8% | 4.2% | 19.5% | 10 |
| 2010s | 5.1% | 2.6% | 9.0% | 10 |
| 2020s | 7.0% | 4.7% | 10.0% | 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 (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 total debt service in Ecuador?
- Total debt service in Ecuador was 7.1% 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 19.5% in 2000.
- What is the lowest total debt service recorded in Ecuador?
- The lowest recorded value was 1.3% in 1975.
- How does Ecuador rank for total debt service?
- Ecuador ranks 30th out of 121 countries with data for 2024.
- Is total debt service rising or falling in Ecuador?
- Over the last ten years it is up 77.4%. 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 Total debt service (% of GNI). 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
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.