Current account balance (credit less debit), Net (credits less) in Ecuador
Ecuador: Current account balance (credit less debit), Net (credits less) 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) 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% |
Ecuador compared with similar countries
- Ecuador's 7.06 billion is above the median for upper middle income countries, which is -494.28 million. (54 countries reporting)
- Ecuador's 7.06 billion is above the median for Latin America & Caribbean, which is -169.22 million. (37 countries reporting)
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
- 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 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.