Domestic credit to private sector by banks in Ecuador
Ecuador: Domestic credit to private sector by banks was 57.6% in 2025. ◆ Volatile
Domestic credit to private sector by banks in Ecuador, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Ecuador recorded 57.6% for domestic credit to private sector by banks in 2025. That is the highest value across all 66 years on record.
The figure is up 4.8% on the previous year and up 107.4% over ten years.
Over the whole period, domestic credit to private sector by banks in Ecuador peaked at 57.6% in 2025 and was at its lowest, 8.6%, in 1965.
That places Ecuador 59th out of 187 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector by banks in Ecuador, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 10.9% | — |
| 1961 | 10.3% | -5.6% |
| 1962 | 11.2% | +8.6% |
| 1963 | 9.7% | -12.9% |
| 1964 | 9.0% | -7.5% |
| 1965 | 8.6% | -4.8% |
| 1966 | 8.6% | +0.5% |
| 1967 | 9.6% | +11.9% |
| 1968 | 11.1% | +15.4% |
| 1969 | 10.0% | -10.0% |
| 1970 | 9.0% | -9.9% |
| 1971 | 10.5% | +16.3% |
| 1972 | 10.4% | -0.7% |
| 1973 | 10.7% | +3.0% |
| 1974 | 9.2% | -14.3% |
| 1975 | 10.4% | +12.7% |
| 1976 | 11.3% | +8.9% |
| 1977 | 11.7% | +3.4% |
| 1978 | 12.7% | +8.8% |
| 1979 | 12.8% | +0.5% |
| 1980 | 12.4% | -2.6% |
| 1981 | 12.7% | +2.0% |
| 1982 | 13.9% | +9.1% |
| 1983 | 16.5% | +18.8% |
| 1984 | 18.2% | +10.7% |
| 1985 | 16.2% | -11.1% |
| 1986 | 15.0% | -7.2% |
| 1987 | 14.3% | -4.8% |
| 1988 | 9.9% | -30.7% |
| 1989 | 8.7% | -12.3% |
| 1990 | 8.9% | +2.4% |
| 1991 | 9.0% | +1.4% |
| 1992 | 9.7% | +8.0% |
| 1993 | 15.2% | +55.6% |
| 1994 | 20.5% | +35.0% |
| 1995 | 22.1% | +7.7% |
| 1996 | 22.2% | +0.5% |
| 1997 | 23.9% | +8.0% |
| 1998 | 21.9% | -8.5% |
| 1999 | 22.4% | +2.3% |
| 2000 | 27.2% | +21.3% |
| 2001 | 25.3% | -6.8% |
| 2002 | 18.9% | -25.3% |
| 2003 | 17.4% | -7.9% |
| 2004 | 19.5% | +11.6% |
| 2005 | 20.9% | +7.5% |
| 2006 | 21.6% | +3.3% |
| 2007 | 22.5% | +4.2% |
| 2008 | 22.7% | +1.0% |
| 2009 | 23.1% | +1.4% |
| 2010 | 25.0% | +8.3% |
| 2011 | 25.4% | +1.5% |
| 2012 | 26.1% | +3.0% |
| 2013 | 26.1% | -0.2% |
| 2014 | 26.9% | +2.9% |
| 2015 | 27.8% | +3.4% |
| 2016 | 29.4% | +5.8% |
| 2017 | 32.2% | +9.6% |
| 2018 | 36.0% | +11.7% |
| 2019 | 40.1% | +11.4% |
| 2020 | 46.3% | +15.4% |
| 2021 | 47.5% | +2.6% |
| 2022 | 50.3% | +6.0% |
| 2023 | 52.9% | +5.0% |
| 2024 | 55.0% | +4.0% |
| 2025 | 57.6% | +4.8% |
Ecuador compared with similar countries
- Ecuador's 57.6% is above the median for upper middle income countries, which is 39.8%, 1.4× the median. (55 countries reporting)
- Ecuador's 57.6% is above the median for Latin America & Caribbean, which is 42.9%, 1.3× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector by banks in Ecuador changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +55.6% | 9.7% | 15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.9% | 8.6% | 11.2% | 10 |
| 1970s | 10.9% | 9.0% | 12.8% | 10 |
| 1980s | 13.8% | 8.7% | 18.2% | 10 |
| 1990s | 17.6% | 8.9% | 23.9% | 10 |
| 2000s | 21.9% | 17.4% | 27.2% | 10 |
| 2010s | 29.5% | 25.0% | 40.1% | 10 |
| 2020s | 51.6% | 46.3% | 57.6% | 6 |
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 domestic credit to private sector by banks in Ecuador?
- Domestic credit to private sector by banks in Ecuador was 57.6% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Ecuador?
- The highest recorded value was 57.6% in 2025.
- What is the lowest domestic credit to private sector by banks recorded in Ecuador?
- The lowest recorded value was 8.6% in 1965.
- How does Ecuador rank for domestic credit to private sector by banks?
- Ecuador ranks 59th out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Ecuador?
- Over the last ten years it is up 107.4%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.