Domestic credit to private sector in Ecuador
Ecuador: Domestic credit to private sector was 47.4% in 2020. ▲ Rising
Domestic credit to private sector in Ecuador, 2002–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Ecuador stood at 47.4%. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 11.5% on the previous year and up 78.5% over ten years.
Over the whole period, domestic credit to private sector in Ecuador peaked at 47.4% in 2020 and was at its lowest, 17.2%, in 2003.
Ecuador ranks 96th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Domestic credit to private sector in Ecuador, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 18.1% | — |
| 2003 | 17.2% | -4.6% |
| 2004 | 19.8% | +14.6% |
| 2005 | 21.3% | +8.0% |
| 2006 | 21.8% | +2.2% |
| 2007 | 22.8% | +4.8% |
| 2008 | 23.7% | +3.8% |
| 2009 | 23.9% | +0.8% |
| 2010 | 26.5% | +10.9% |
| 2011 | 27.5% | +3.6% |
| 2012 | 28.4% | +3.2% |
| 2013 | 29.0% | +2.1% |
| 2014 | 29.5% | +1.8% |
| 2015 | 29.3% | -0.6% |
| 2016 | 30.8% | +5.1% |
| 2017 | 34.3% | +11.3% |
| 2018 | 38.3% | +11.8% |
| 2019 | 42.5% | +10.9% |
| 2020 | 47.4% | +11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.1% | 17.2% | 23.9% | 8 |
| 2010s | 31.6% | 26.5% | 42.5% | 10 |
| 2020s | 47.4% | 47.4% | 47.4% | 1 |
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 in Ecuador?
- Domestic credit to private sector in Ecuador was 47.4% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Ecuador?
- The highest recorded value was 47.4% in 2020.
- What is the lowest domestic credit to private sector recorded in Ecuador?
- The lowest recorded value was 17.2% in 2003.
- How does Ecuador rank for domestic credit to private sector?
- Ecuador ranks 96th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Ecuador?
- Over the last ten years it is up 78.5%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.