Borrowers from commercial banks in Ecuador
Ecuador: Borrowers from commercial banks was 147.64 per 1,000 adults in 2024. ▼ Falling
Borrowers from commercial banks in Ecuador, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
The most recent figure for borrowers from commercial banks in Ecuador is 147.64 per 1,000 adults, measured in 2024.
Compared with earlier readings it is up 1.9% on the previous year and down 34.6% over ten years.
Over the whole period, borrowers from commercial banks in Ecuador peaked at 391.06 per 1,000 adults in 2005 and was at its lowest, 119.6 per 1,000 adults, in 2020.
That places Ecuador 65th out of 112 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Borrowers from commercial banks in Ecuador, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 293.48 per 1,000 adults | — |
| 2005 | 391.06 per 1,000 adults | +33.2% |
| 2006 | 225.22 per 1,000 adults | -42.4% |
| 2007 | 226.78 per 1,000 adults | +0.7% |
| 2008 | 252.87 per 1,000 adults | +11.5% |
| 2009 | 270.8 per 1,000 adults | +7.1% |
| 2010 | 254.98 per 1,000 adults | -5.8% |
| 2011 | 291.72 per 1,000 adults | +14.4% |
| 2012 | 235.62 per 1,000 adults | -19.2% |
| 2013 | 212.15 per 1,000 adults | -10.0% |
| 2014 | 225.81 per 1,000 adults | +6.4% |
| 2015 | 220.38 per 1,000 adults | -2.4% |
| 2016 | 215.27 per 1,000 adults | -2.3% |
| 2017 | 206.61 per 1,000 adults | -4.0% |
| 2018 | 204.09 per 1,000 adults | -1.2% |
| 2019 | 131.63 per 1,000 adults | -35.5% |
| 2020 | 119.6 per 1,000 adults | -9.1% |
| 2021 | 135.24 per 1,000 adults | +13.1% |
| 2022 | 144.08 per 1,000 adults | +6.5% |
| 2023 | 144.93 per 1,000 adults | +0.6% |
| 2024 | 147.64 per 1,000 adults | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 276.7 per 1,000 adults | 225.22 per 1,000 adults | 391.06 per 1,000 adults | 6 |
| 2010s | 219.82 per 1,000 adults | 131.63 per 1,000 adults | 291.72 per 1,000 adults | 10 |
| 2020s | 138.3 per 1,000 adults | 119.6 per 1,000 adults | 147.64 per 1,000 adults | 5 |
Countries ranked near Ecuador
More financial sector data for Ecuador
- Total reserves (gold at national valuation) (SDR), annual growth rate 35.07 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 391.17 SDR per person (2025)
- 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)
Frequently asked questions
- What is borrowers from commercial banks in Ecuador?
- Borrowers from commercial banks in Ecuador was 147.64 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Ecuador?
- The highest recorded value was 391.06 per 1,000 adults in 2005.
- What is the lowest borrowers from commercial banks recorded in Ecuador?
- The lowest recorded value was 119.6 per 1,000 adults in 2020.
- How does Ecuador rank for borrowers from commercial banks?
- Ecuador ranks 65th out of 112 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Ecuador?
- Over the last ten years it is down 34.6%. The long-run trend across the full record is falling.
- Where does this Ecuador data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.