Financial Institutions Efficiency Index in Ecuador
Ecuador: Financial Institutions Efficiency Index was 0.4378 in 2020. ▼ Falling
Financial Institutions Efficiency Index in Ecuador, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions efficiency index in Ecuador is 0.4378, measured in 2020.
Compared with earlier readings it is down 3.7% on the previous year and up 2.0% over ten years.
Over the whole period, financial institutions efficiency index in Ecuador peaked at 0.8352 in 1984 and was at its lowest, 0.1776, in 2000.
Ecuador ranks 169th of 183 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Financial Institutions Efficiency Index in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.7256 | — |
| 1981 | 0.7329 | +1.0% |
| 1982 | 0.7644 | +4.3% |
| 1983 | 0.8224 | +7.6% |
| 1984 | 0.8352 | +1.6% |
| 1985 | 0.815 | -2.4% |
| 1986 | 0.7869 | -3.4% |
| 1987 | 0.7673 | -2.5% |
| 1988 | 0.5704 | -25.7% |
| 1989 | 0.5039 | -11.7% |
| 1990 | 0.3719 | -26.2% |
| 1991 | 0.3472 | -6.6% |
| 1992 | 0.3603 | +3.8% |
| 1993 | 0.3023 | -16.1% |
| 1994 | 0.2595 | -14.2% |
| 1995 | 0.2864 | +10.4% |
| 1996 | 0.2789 | -2.6% |
| 1997 | 0.2288 | -17.9% |
| 1998 | 0.3324 | +45.3% |
| 1999 | 0.3289 | -1.1% |
| 2000 | 0.1776 | -46.0% |
| 2001 | 0.2846 | +60.3% |
| 2002 | 0.2226 | -21.8% |
| 2003 | 0.2545 | +14.3% |
| 2004 | 0.2129 | -16.3% |
| 2005 | 0.2361 | +10.9% |
| 2006 | 0.3822 | +61.9% |
| 2007 | 0.3808 | -0.4% |
| 2008 | 0.421 | +10.5% |
| 2009 | 0.4193 | -0.4% |
| 2010 | 0.4292 | +2.4% |
| 2011 | 0.4247 | -1.1% |
| 2012 | 0.3923 | -7.6% |
| 2013 | 0.4103 | +4.6% |
| 2014 | 0.4335 | +5.7% |
| 2015 | 0.434 | +0.1% |
| 2016 | 0.3939 | -9.2% |
| 2017 | 0.4112 | +4.4% |
| 2018 | 0.4378 | +6.5% |
| 2019 | 0.4545 | +3.8% |
| 2020 | 0.4378 | -3.7% |
Ecuador compared with similar countries
- Ecuador's 0.4378 is below the median for upper middle income countries, which is 0.5976, 73% of the median. (54 countries reporting)
- Ecuador's 0.4378 is below the median for Latin America & Caribbean, which is 0.5723, 77% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Efficiency Index 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 |
|---|---|---|---|
| 2006 | +61.9% | 0.2361 | 0.3822 |
| 2001 | +60.3% | 0.1776 | 0.2846 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.7324 | 0.5039 | 0.8352 | 10 |
| 1990s | 0.3097 | 0.2288 | 0.3719 | 10 |
| 2000s | 0.2992 | 0.1776 | 0.421 | 10 |
| 2010s | 0.4221 | 0.3923 | 0.4545 | 10 |
| 2020s | 0.4378 | 0.4378 | 0.4378 | 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 financial institutions efficiency index in Ecuador?
- Financial institutions efficiency index in Ecuador was 0.4378 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Ecuador?
- The highest recorded value was 0.8352 in 1984.
- What is the lowest financial institutions efficiency index recorded in Ecuador?
- The lowest recorded value was 0.1776 in 2000.
- How does Ecuador rank for financial institutions efficiency index?
- Ecuador ranks 169th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Ecuador?
- Over the last ten years it is up 2.0%. 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 Institutions Efficiency Index. Statizoid updates them automatically from the source API.
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About this data
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.