Financial Development Index in Ecuador

Ecuador: Financial Development Index was 0.1305 in 2020. β–Ό Falling

Latest (2020)
0.1305
Change on year
down 21.3%
World rank
143rd
of 183 countries
All-time high
0.2434
in 1984
All-time low
0.0971
in 2004
Years of data
41
1980–2020

Financial Development Index in Ecuador, 1980–2020

00.050.10.150.20.251980200020201980: 0.1941981: 0.1961982: 0.2071983: 0.2311984: 0.2431985: 0.2251986: 0.221987: 0.2151988: 0.1631989: 0.1471990: 0.1251991: 0.1151992: 0.1181993: 0.1111994: 0.1171995: 0.1271996: 0.1191997: 0.111998: 0.1141999: 0.122000: 0.1022001: 0.1172002: 0.1052003: 0.1052004: 0.0972005: 0.1022006: 0.1272007: 0.152008: 0.1552009: 0.1632010: 0.1672011: 0.152012: 0.1472013: 0.152014: 0.1572015: 0.1592016: 0.1532017: 0.1562018: 0.1622019: 0.1662020: 0.131

Source: International Monetary Fund.

Analysis

The most recent figure for financial development index in Ecuador is 0.1305, measured in 2020.

That represents a change of down 21.3% on the previous year and down 21.9% over ten years.

Over the whole period, financial development index in Ecuador peaked at 0.2434 in 1984 and was at its lowest, 0.0971, in 2004.

That places Ecuador 143rd out of 183 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 41 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.2041 0.1473 0.2434 10
1990s 0.1177 0.1099 0.1274 10
2000s 0.1223 0.0971 0.1626 10
2010s 0.1567 0.1474 0.1672 10
2020s 0.1305 0.1305 0.1305 1

Countries ranked near Ecuador

  1. 140 Algeria 0.1373 compare
  2. 141 Djibouti 0.1341 compare
  3. 142 Nicaragua 0.1315 compare
  4. 144 Mauritania 0.1289 compare
  5. 145 Libya 0.1276 compare
  6. 146 Mali 0.1233 compare

See the full ranking of 192 places β†’

More financial sector data for Ecuador

All data for Ecuador β†’

Frequently asked questions

What is financial development index in Ecuador?
Financial development index in Ecuador was 0.1305 in 2020, according to International Monetary Fund.
What is the highest financial development index recorded in Ecuador?
The highest recorded value was 0.2434 in 1984.
What is the lowest financial development index recorded in Ecuador?
The lowest recorded value was 0.0971 in 2004.
How does Ecuador rank for financial development index?
Ecuador ranks 143rd out of 183 countries with data for 2020.
Is financial development index rising or falling in Ecuador?
Over the last ten years it is down 21.9%. The long-run trend across the full record is falling.
Where does this Ecuador data come from?
The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.

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Financial Development Index in Ecuador. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/stat/financial-development-index/ecuador/

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About this data

Indicator
Financial Development Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.