Bank deposits to GDP in Ecuador
Ecuador: Bank deposits to GDP was 48.3% in 2021. ◆ Volatile
Bank deposits to GDP in Ecuador, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Ecuador recorded 48.3% for bank deposits to gdp in 2021. That is the highest value across all 62 years on record.
That represents a change of up 4.8% on the previous year and up 76.7% over ten years.
Over the whole period, bank deposits to gdp in Ecuador peaked at 48.3% in 2021 and was at its lowest, 4.4%, in 1965.
That places Ecuador 112th out of 185 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank deposits to GDP in Ecuador, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 4.7% | — |
| 1961 | 4.4% | -5.8% |
| 1962 | 5.2% | +18.8% |
| 1963 | 5.0% | -3.8% |
| 1964 | 4.5% | -9.4% |
| 1965 | 4.4% | -4.0% |
| 1966 | 5.6% | +28.7% |
| 1967 | 6.5% | +16.2% |
| 1968 | 8.2% | +25.5% |
| 1969 | 7.7% | -5.5% |
| 1970 | 7.1% | -8.4% |
| 1971 | 9.0% | +26.7% |
| 1972 | 9.3% | +3.8% |
| 1973 | 9.9% | +6.6% |
| 1974 | 8.5% | -13.9% |
| 1975 | 8.3% | -3.3% |
| 1976 | 9.4% | +13.5% |
| 1977 | 9.2% | -1.6% |
| 1978 | 9.4% | +1.7% |
| 1979 | 9.1% | -3.1% |
| 1980 | 9.3% | +2.2% |
| 1981 | 8.6% | -7.9% |
| 1982 | 8.5% | -1.2% |
| 1983 | 8.0% | -4.8% |
| 1984 | 9.9% | +23.5% |
| 1985 | 9.6% | -2.9% |
| 1986 | 8.8% | -8.5% |
| 1987 | 9.1% | +3.6% |
| 1988 | 7.3% | -19.7% |
| 1989 | 6.6% | -10.9% |
| 1990 | 10.3% | +56.6% |
| 1991 | 10.2% | -1.0% |
| 1992 | 10.4% | +2.0% |
| 1993 | 14.2% | +36.9% |
| 1994 | 17.1% | +20.6% |
| 1995 | 17.9% | +4.7% |
| 1996 | 19.9% | +10.9% |
| 1997 | 19.5% | -1.7% |
| 1998 | 16.6% | -14.8% |
| 1999 | 9.4% | -43.2% |
| 2000 | 18.7% | +98.4% |
| 2001 | 19.0% | +1.2% |
| 2002 | 16.5% | -13.1% |
| 2003 | 17.2% | +4.5% |
| 2004 | 20.1% | +16.8% |
| 2005 | 20.9% | +4.0% |
| 2006 | 20.9% | -0.0% |
| 2007 | 22.5% | +7.6% |
| 2008 | 22.8% | +1.5% |
| 2009 | 24.8% | +8.5% |
| 2010 | 26.7% | +7.8% |
| 2011 | 27.3% | +2.4% |
| 2012 | 28.5% | +4.1% |
| 2013 | 29.9% | +5.0% |
| 2014 | 30.8% | +3.1% |
| 2015 | 28.0% | -9.1% |
| 2016 | 32.9% | +17.3% |
| 2017 | 34.4% | +4.6% |
| 2018 | 35.0% | +1.9% |
| 2019 | 37.9% | +8.1% |
| 2020 | 46.1% | +21.8% |
| 2021 | 48.3% | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.6% | 4.4% | 8.2% | 10 |
| 1970s | 8.9% | 7.1% | 9.9% | 10 |
| 1980s | 8.6% | 6.6% | 9.9% | 10 |
| 1990s | 14.5% | 9.4% | 19.9% | 10 |
| 2000s | 20.3% | 16.5% | 24.8% | 10 |
| 2010s | 31.1% | 26.7% | 37.9% | 10 |
| 2020s | 47.2% | 46.1% | 48.3% | 2 |
Countries ranked near Ecuador
More financial sector data for Ecuador
- Total reserves in months of imports, annual growth rate 30.1 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 24.24 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.034 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 242.06 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 23.66 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 243.82 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 35.07 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 391.17 SDR per person (2025)
Frequently asked questions
- What is bank deposits to gdp in Ecuador?
- Bank deposits to gdp in Ecuador was 48.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Ecuador?
- The highest recorded value was 48.3% in 2021.
- What is the lowest bank deposits to gdp recorded in Ecuador?
- The lowest recorded value was 4.4% in 1965.
- How does Ecuador rank for bank deposits to gdp?
- Ecuador ranks 112th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Ecuador?
- Over the last ten years it is up 76.7%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).