Bank concentration in Ecuador
Ecuador: Bank concentration was 55.5% in 2021. ▲ Rising
Bank concentration in Ecuador, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank concentration in Ecuador stood at 55.5%.
Compared with earlier readings it is down 2.3% on the previous year and down 1.1% over ten years.
Over the whole period, bank concentration in Ecuador peaked at 61.0% in 2016 and was at its lowest, 46.8%, in 2001.
That places Ecuador 135th out of 169 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 51.1% | 46.8% | 54.4% | 10 |
| 2010s | 55.8% | 52.1% | 61.0% | 10 |
| 2020s | 56.2% | 55.5% | 56.8% | 2 |
Countries ranked near Ecuador
- 132 New Zealand 57.2% compare
- 133 South Korea 56.3% compare
- 134 Costa Rica 55.9% compare
- 136 Armenia 55.2% compare
- 137 Malaysia 53.0% compare
- 138 Philippines 52.3% compare
More financial sector data for Ecuador
- Domestic credit to private sector by banks 57.6% (2025)
- Total reserves in months of imports 2.86 (2025)
- Net domestic credit 83.04 billion current LCU (2025)
- Net foreign assets 21.19 billion current LCU (2025)
- Monetary Sector credit to private sector 57.6% (2025)
- Broad money 62.1% (2025)
- Claims on central government, etc. 4.9% (2025)
- Domestic credit to private sector 58.9% (2025)
- Official exchange rate 1 LCU per US$, period average (2025)
- Net migration -17,219 (2025)
Frequently asked questions
- What is bank concentration in Ecuador?
- Bank concentration in Ecuador was 55.5% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Ecuador?
- The highest recorded value was 61.0% in 2016.
- What is the lowest bank concentration recorded in Ecuador?
- The lowest recorded value was 46.8% in 2001.
- How does Ecuador rank for bank concentration?
- Ecuador ranks 135th out of 169 countries with data for 2021.
- Is bank concentration rising or falling in Ecuador?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.