Ecuador Government Debt: % of GDP
2005 - 2023 | Quarterly | % | CEIC Data
Key information about Ecuador Government Debt: % of GDP
- Ecuador Government debt accounted for 67.0 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 63.9 % in the previous quarter.
- Ecuador government debt to GDP ratio data is updated quarterly, available from Dec 2005 to Dec 2023.
- The data reached an all-time high of 69.6 % in Sep 2021 and a record low of 16.8 % in Jun 2009.
CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Ministry of Economy and Finance provides Government Debt in USD. The Central Bank of Ecuador provides Nominal GDP in USD. Government Debt refers to Public Debt. Government Debt prior to Q3 2021 is based on 2019 methodology. Government Debt prior to Q2 2019 is based on old methodology.
Related information about Ecuador Government Debt: % of GDP
- In the latest reports, Ecuador National Government Debt reached 79.6 USD bn in Dec 2023.
- The country's Nominal GDP reached 28.9 USD bn in Mar 2023.
View Ecuador's Government Debt: % of GDP from Dec 2005 to Dec 2023 in the chart:
What was Ecuador's Government Debt: % of GDP in Dec 2023?
Ecuador Government debt accounted for 67.0 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 63.9 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 67.0 Dec 2023 | 63.9 Sep 2023 | 16.8 Jun 2009 | 69.6 Sep 2021 | % | quarterly | Dec 2005 - Dec 2023 |
Government Debt: % of GDP by Country Comparison
Buy Selected Data
Includes Government Debt: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 61.2 Jun 2023 | quarterly | Sep 2010 - Jun 2023 |
| Algeria (%) | 62.1 2022 | yearly | 1997 - 2022 |
| Argentina (%) | 80.3 Mar 2023 | quarterly | Dec 2004 - Mar 2023 |
| Armenia (%) | 50.5 Dec 2023 | quarterly | Dec 2013 - Dec 2023 |
| Australia (%) | 41.8 2022 | yearly | 1999 - 2022 |
| Austria (%) | 77.8 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Azerbaijan (%) | 16.8 2021 | yearly | 2008 - 2021 |
| Bahrain (%) | 93.6 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
| Bangladesh (%) | 23.6 2023 | yearly | 2010 - 2023 |
| Belarus (%) | 35.9 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
| Belgium (%) | 108.0 Sep 2023 | quarterly | Dec 1980 - Sep 2023 |
| Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (%) | 20.7 2022 | yearly | 2007 - 2022 |
| Botswana (%) | 17.2 Jun 2023 | quarterly | Jun 2014 - Jun 2023 |
| Brazil (%) | 74.4 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Bulgaria (%) | 21.0 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
| Cambodia (%) | 33.7 2022 | yearly | 2013 - 2022 |
| Canada (%) | 67.8 2023 | yearly | 1962 - 2023 |
| Chile (%) | 39.9 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| China (%) | 22.7 Sep 2023 | quarterly | Mar 2014 - Sep 2023 |
| Colombia (%) | 59.0 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
| Croatia (%) | 67.8 Dec 2022 | quarterly | Dec 1995 - Dec 2022 |
| Cyprus (%) | 77.4 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Czech Republic (%) | 44.0 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Denmark (%) | 29.3 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Ecuador (%) | 67.0 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Egypt (%) | 68.6 Jun 2020 | quarterly | Jun 2006 - Jun 2020 |
| Estonia (%) | 19.6 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| European Union (%) | 82.4 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
| Finland (%) | 75.8 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| France (%) | 1.1 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Georgia (%) | 39.1 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Germany (%) | 63.6 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Ghana (%) | 70.7 2022 | yearly | 2006 - 2022 |
| Greece (%) | 165.5 Sep 2023 | quarterly | Dec 1999 - Sep 2023 |
| Hong Kong SAR, China (%) | 50.1 2023 | yearly | 2003 - 2023 |
| Hungary (%) | 69.5 Dec 2023 | quarterly | Dec 1990 - Dec 2023 |
| Iceland (%) | 64.8 2023 | yearly | 1998 - 2023 |
| India (%) | 59.0 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Indonesia (%) | 39.0 Dec 2023 | quarterly | Jun 2015 - Dec 2023 |
| Iran (%) | 8.3 Sep 2023 | quarterly | Mar 1998 - Sep 2023 |
| Ireland (%) | 43.5 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
| Israel (%) | 60.3 2023 | yearly | 1995 - 2023 |
| Italy (%) | 137.3 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
| Japan (%) | 217.3 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| Jordan (%) | 89.2 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
| Kazakhstan (%) | 23.1 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Kenya (%) | 68.3 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
| South Korea (%) | 49.9 Sep 2023 | quarterly | Sep 2002 - Sep 2023 |
| Kosovo (%) | 19.9 2022 | yearly | 2009 - 2022 |
| Kuwait (%) | 0.4 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Kyrgyzstan (%) | 45.6 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Latvia (%) | 39.5 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Lebanon (%) | 150.6 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 38.3 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Luxembourg (%) | 25.7 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
| North Macedonia (%) | 53.1 Dec 2023 | quarterly | Dec 2009 - Dec 2023 |
| Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
| Malaysia (%) | 64.3 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Malta (%) | 49.6 Sep 2023 | quarterly | Dec 2000 - Sep 2023 |
| Mauritius (%) | 69.3 Dec 2023 | quarterly | Jun 2003 - Dec 2023 |
| Mexico (%) | 49.7 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Moldova (%) | 34.9 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Mongolia (%) | 59.4 Dec 2021 | quarterly | Dec 2017 - Dec 2021 |
| Montenegro (%) | 59.7 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Morocco (%) | 71.6 2022 | yearly | 1994 - 2022 |
| Nepal (%) | 27.2 2019 | yearly | 1990 - 2019 |
| Netherlands (%) | 46.5 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| New Zealand (%) | 38.7 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Nigeria (%) | 39.8 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Norway (%) | 44.3 2023 | yearly | 1995 - 2023 |
| Oman (%) | 41.2 2022 | yearly | 1990 - 2022 |
| Pakistan (%) | 71.6 2022 | yearly | 2000 - 2022 |
| Palestinian Territory (%) | 72.6 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Panama (%) | 56.4 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
| Paraguay (%) | 34.8 Dec 2023 | quarterly | Dec 2014 - Dec 2023 |
| Peru (%) | 32.9 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Philippines (%) | 60.1 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Poland (%) | 49.8 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| Portugal (%) | 99.0 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
| Romania (%) | 48.7 Dec 2023 | quarterly | Dec 2011 - Dec 2023 |
| Russia (%) | 14.9 Dec 2023 | quarterly | Dec 2011 - Dec 2023 |
| Saudi Arabia (%) | 26.2 Dec 2023 | quarterly | Dec 2016 - Dec 2023 |
| Serbia (%) | 52.0 Dec 2023 | quarterly | Sep 2004 - Dec 2023 |
| Singapore (%) | 170.8 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Slovakia (%) | 59.5 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Slovenia (%) | 69.2 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| South Africa (%) | 73.9 Dec 2023 | quarterly | Dec 1960 - Dec 2023 |
| Spain (%) | 107.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Sri Lanka (%) | 104.4 Sep 2023 | quarterly | Mar 2014 - Sep 2023 |
| Sweden (%) | 30.4 Sep 2023 | quarterly | Mar 1996 - Sep 2023 |
| Switzerland (%) | 23.1 2027 | yearly | 1990 - 2027 |
| Taiwan (%) | 29.7 2022 | yearly | 1996 - 2022 |
| Tajikistan (%) | 36.3 2021 | yearly | 1999 - 2021 |
| Thailand (%) | 54.3 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
| Tunisia (%) | 79.7 Dec 2021 | monthly | Apr 2011 - Dec 2021 |
| Turkey (%) | 29.5 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
| Ukraine (%) | 79.4 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doEcuador Key Series
Buy Selected Data
Includes 186 key indicators for Ecuador, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.6 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -3,149.723 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Tax Revenue (USD mn) | 3,251.591 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Tax Revenue: % of GDP (%) | 10.4 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| National Government Debt (USD mn) | 79,608.5 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Government Debt: % of GDP (%) | 67.0 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Forecast: Government Expenditure (USD bn) | 49.173 2028 | yearly | 1995 - 2028 |
| Forecast: Government Net Debt (USD bn) | 68.494 2028 | yearly | 2001 - 2028 |
| Forecast: Government Revenue (USD bn) | 48.725 2028 | yearly | 1995 - 2028 |
| Central Government: Finance (USD mn) | -404.913 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Central Government: Expenditure excl Amortization (USD mn) | 1,461.865 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Central Government: Balance (USD mn) | 404.913 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Central Government: Revenue (USD mn) | 1,866.778 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.962 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 678.9 Feb 2024 | monthly | Mar 1992 - Feb 2024 |
| Total Exports (USD mn) | 2,528.2 Apr 2023 | monthly | Jan 1965 - Apr 2023 |
| Total Exports Growth (%) | 5.8 Feb 2024 | monthly | Jan 1966 - Feb 2024 |
| Aluminum: Exports (USD th) | 65,385.575 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 24,074.538 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 6,882.325 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 2,101.1 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| Total Imports Growth (%) | -13.6 Feb 2024 | monthly | Jan 1958 - Feb 2024 |
| Imports: Medicament (USD th) | 958,068.888 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 529,529.069 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 602.367 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Total Imports from USA (USD mn) | 426.736 Feb 2024 | monthly | Jan 1973 - Feb 2024 |
| Total Exports to China (USD mn) | 293.108 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Total Imports from China (USD mn) | 477.216 Feb 2024 | monthly | May 1992 - Feb 2024 |
| Terms of Trade Index: 2007=100 (2007=100) | 98.162 Feb 2024 | monthly | Jan 2014 - Feb 2024 |
| BCE Forecast: Trade Balance: 2018=100 (USD mn) | 1,624.994 2024 | yearly | 2024 - 2024 |
| Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) | 347,632.603 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Exports: FOB: Petroleum: Crude Petroleum (USD th) | 684,286.538 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| BCE Forecast: Exports: fob: 2018=100 (USD th) | 34,410,658.000 2024 | yearly | 2024 - 2024 |
| Exports: FOB: America: United States (USD mn) | 602.367 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Exports: FOB: Asia: People's Republic of China (USD mn) | 293.108 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Exports: FOB: America: ALADI: Panama (USD mn) | 514.061 Feb 2024 | monthly | Jan 2012 - Feb 2024 |
| BCE Forecast: Imports: fob: 2018=100 (USD th) | 32,785,664.000 2024 | yearly | 2024 - 2024 |
| Imports: CIF: Consumer Goods: Non Durable (USD th) | 269,205.022 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Imports: CIF: Fuels And Lubricants (USD th) | 469,016.611 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Imports: CIF: America: ALADI: Panama (USD mn) | 8.696 Feb 2024 | monthly | Mar 2019 - Feb 2024 |
| Imports: CIF: Asia: People's Republic of China (USD mn) | 324.160 Jan 2020 | monthly | Jan 2010 - Jan 2020 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | 522.8 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Current Account Balance: % of GDP (%) | 1.7 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Foreign Direct Investment (USD mn) | 87.4 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | 0.3 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | -1.947 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 1.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -2.923 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| External Debt (USD mn) | 57,327.9 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| External Debt: % of GDP (%) | 49.0 2023 | yearly | 1970 - 2023 |
| External Debt: Short Term (USD mn) | 1,197.6 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| External Debt: Short Term: % of GDP (%) | 1.0 2023 | yearly | 1970 - 2023 |
| Forecast: Current Account Balance (USD bn) | 2.607 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD) | -23,519,416,668.955 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| BoP: CA: Goods & Services: Services (USD mn) | -473.931 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| BoP: CA: Goods & Services: Goods (USD mn) | 265.252 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| Gross External Debt: Long Term (USD mn) | 57,533.038 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Gross External Debt (USD mn) | 59,480.153 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| External Debt: Private (USD mn) | 10,133.476 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| External Debt: Public (USD mn) | 47,194.427 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Foreign Direct Investment: BPM6 (USD th) | 87,448.549 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| Foreign Direct Investment: Asia: China (USD th) | 12,350.723 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Foreign Direct Investment: Europe: Netherlands (USD th) | 23,806.340 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Foreign Direct Investment: Europe: Spain (USD th) | 88,442.667 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.7 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Household Debt: % of GDP (%) | 16.8 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Non-Performing Loans (USD mn) | 3,570.111 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Money Supply M1 (USD mn) | 29,922.628 Feb 2024 | monthly | Dec 2006 - Feb 2024 |
| Money Supply M2 (USD mn) | 80,099.186 Feb 2024 | monthly | Dec 2006 - Feb 2024 |
| M2 Growth (%) | 6.3 Feb 2024 | monthly | Dec 2007 - Feb 2024 |
| Reserve Requirement Ratio (%) | 2.0 Aug 2022 | monthly | Dec 2009 - Aug 2022 |
| Foreign Exchange Reserves (USD mn) | 3,379.0 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 2.232 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.6 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Gold Reserves (USD mn) | 1,871.043 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Total Deposits (USD mn) | 60,505.905 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Total Deposits Growth (%) | 7.3 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Domestic Credit (USD mn) | 71,061.9 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Domestic Credit Growth (%) | 9.4 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Household Debt (USD mn) | 20,338.4 Mar 2024 | monthly | Oct 2006 - Mar 2024 |
| Total Loans (USD mn) | 62,673.836 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Total Loans Growth (%) | 8.20 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 53.84 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| International Reserve: Net Currency Position (USD mn) | 3,379.014 Mar 2024 | monthly | Jan 2004 - Mar 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 17.8 Feb 2024 | monthly | Feb 2011 - Feb 2024 |
| Business Confidence Index: Construction (May2007=100) | 478.600 Dec 2022 | monthly | May 2007 - Dec 2022 |
| Business Confidence Index: Services (May2007=100) | 1,444.800 Dec 2022 | monthly | May 2007 - Dec 2022 |
| Business Confidence Index: Global (May2007=100) | 1,694.300 Dec 2022 | monthly | May 2007 - Dec 2022 |
| Business Confidence Index: Commerce (May2007=100) | 2,200.300 Dec 2022 | monthly | May 2007 - Dec 2022 |
| Business Confidence Index: Industry (May2007=100) | 2,662.600 Dec 2022 | monthly | May 2007 - Dec 2022 |
More Indicators for Ecuador
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.