Current account balance (credit less debit), Net (credits less debits) in Ecuador
Ecuador: Current account balance (credit less debit), Net (credits less debits) was 7.06 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Ecuador, 2005–2024
Source: International Monetary Fund.
Analysis
Ecuador recorded 7.06 billion for current account balance (credit less debit), net (credits less debits) in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 200.8% on the previous year and up 1,155.5% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Ecuador peaked at 7.06 billion in 2024 and was at its lowest, -2.22 billion, in 2015.
Ecuador ranks 27th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 473.93 million | — |
| 2006 | 1.74 billion | +267.1% |
| 2007 | 1.89 billion | +8.4% |
| 2008 | 1.77 billion | -6.2% |
| 2009 | 313.05 million | -82.3% |
| 2010 | -1.58 billion | -605.4% |
| 2011 | -400.14 million | -74.7% |
| 2012 | -146.44 million | -63.4% |
| 2013 | -932.91 million | +537.1% |
| 2014 | -668.74 million | -28.3% |
| 2015 | -2.22 billion | +232.1% |
| 2016 | 900.41 million | -140.5% |
| 2017 | -405.74 million | -145.1% |
| 2018 | -1.65 billion | +306.3% |
| 2019 | -545.66 million | -66.9% |
| 2020 | 2.00 billion | -467.4% |
| 2021 | 3.04 billion | +51.7% |
| 2022 | 2.25 billion | -26.1% |
| 2023 | 2.35 billion | +4.4% |
| 2024 | 7.06 billion | +200.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.24 billion | 313.05 million | 1.89 billion | 5 |
| 2010s | -765.12 million | -2.22 billion | 900.41 million | 10 |
| 2020s | 3.34 billion | 2.00 billion | 7.06 billion | 5 |
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 current account balance (credit less debit), net (credits less debits) in Ecuador?
- Current account balance (credit less debit), net (credits less debits) in Ecuador was 7.06 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Ecuador?
- The highest recorded value was 7.06 billion in 2024.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Ecuador?
- The lowest recorded value was -2.22 billion in 2015.
- How does Ecuador rank for current account balance (credit less debit), net (credits less debits)?
- Ecuador ranks 27th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Ecuador?
- Over the last ten years it is up 1,155.5%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.