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 170 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.
Bank concentration in Ecuador, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 54.4% | — |
| 2001 | 46.8% | -14.1% |
| 2002 | 49.5% | +5.9% |
| 2003 | 50.9% | +2.7% |
| 2004 | 48.5% | -4.6% |
| 2005 | 49.7% | +2.5% |
| 2006 | 52.3% | +5.0% |
| 2007 | 52.0% | -0.5% |
| 2008 | 53.0% | +1.9% |
| 2009 | 54.3% | +2.5% |
| 2010 | 54.5% | +0.4% |
| 2011 | 56.1% | +3.0% |
| 2012 | 52.1% | -7.2% |
| 2013 | 52.6% | +1.0% |
| 2014 | 53.5% | +1.6% |
| 2015 | 60.0% | +12.1% |
| 2016 | 61.0% | +1.8% |
| 2017 | 53.3% | -12.6% |
| 2018 | 55.9% | +4.9% |
| 2019 | 58.6% | +4.8% |
| 2020 | 56.8% | -3.1% |
| 2021 | 55.5% | -2.3% |
Ecuador compared with similar countries
- Ecuador's 55.5% is below the median for upper middle income countries, which is 70.5%, 79% of the median. (48 countries reporting)
- Ecuador's 55.5% is below the median for Latin America & Caribbean, which is 73.8%, 75% of the median. (31 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.14 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.56 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.14 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (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 170 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.
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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.