Financial Institutions Index in Ecuador
Ecuador: Financial Institutions Index was 0.2299 in 2020. ▼ Falling
Financial Institutions Index in Ecuador, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions index in Ecuador stood at 0.2299.
The figure is down 22.9% on the previous year and down 24.9% over ten years.
Over the whole period, financial institutions index in Ecuador peaked at 0.4369 in 1984 and was at its lowest, 0.1589, in 2004.
Ecuador ranks 142nd 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 Index in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.3383 | — |
| 1981 | 0.3433 | +1.5% |
| 1982 | 0.3655 | +6.5% |
| 1983 | 0.4121 | +12.8% |
| 1984 | 0.4369 | +6.0% |
| 1985 | 0.407 | -6.8% |
| 1986 | 0.3855 | -5.3% |
| 1987 | 0.3717 | -3.6% |
| 1988 | 0.2675 | -28.0% |
| 1989 | 0.2355 | -12.0% |
| 1990 | 0.1934 | -17.9% |
| 1991 | 0.1793 | -7.3% |
| 1992 | 0.189 | +5.4% |
| 1993 | 0.1813 | -4.1% |
| 1994 | 0.1922 | +6.0% |
| 1995 | 0.2093 | +8.9% |
| 1996 | 0.1991 | -4.9% |
| 1997 | 0.1829 | -8.1% |
| 1998 | 0.2021 | +10.5% |
| 1999 | 0.2057 | +1.8% |
| 2000 | 0.173 | -15.9% |
| 2001 | 0.2022 | +16.9% |
| 2002 | 0.1723 | -14.8% |
| 2003 | 0.1728 | +0.3% |
| 2004 | 0.1589 | -8.0% |
| 2005 | 0.1691 | +6.4% |
| 2006 | 0.2208 | +30.6% |
| 2007 | 0.2661 | +20.5% |
| 2008 | 0.2785 | +4.7% |
| 2009 | 0.2963 | +6.4% |
| 2010 | 0.3063 | +3.3% |
| 2011 | 0.2738 | -10.6% |
| 2012 | 0.269 | -1.7% |
| 2013 | 0.2748 | +2.1% |
| 2014 | 0.2871 | +4.5% |
| 2015 | 0.2898 | +0.9% |
| 2016 | 0.2761 | -4.7% |
| 2017 | 0.2733 | -1.0% |
| 2018 | 0.2854 | +4.4% |
| 2019 | 0.2981 | +4.5% |
| 2020 | 0.2299 | -22.9% |
Ecuador compared with similar countries
- Ecuador's 0.2299 is below the median for upper middle income countries, which is 0.4252, 54% of the median. (54 countries reporting)
- Ecuador's 0.2299 is below the median for Latin America & Caribbean, which is 0.4608, 50% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3563 | 0.2355 | 0.4369 | 10 |
| 1990s | 0.1934 | 0.1793 | 0.2093 | 10 |
| 2000s | 0.211 | 0.1589 | 0.2963 | 10 |
| 2010s | 0.2834 | 0.269 | 0.3063 | 10 |
| 2020s | 0.2299 | 0.2299 | 0.2299 | 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 index in Ecuador?
- Financial institutions index in Ecuador was 0.2299 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Ecuador?
- The highest recorded value was 0.4369 in 1984.
- What is the lowest financial institutions index recorded in Ecuador?
- The lowest recorded value was 0.1589 in 2004.
- How does Ecuador rank for financial institutions index?
- Ecuador ranks 142nd out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Ecuador?
- Over the last ten years it is down 24.9%. 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 Institutions Index. Statizoid updates them automatically from the source API.
Download this data
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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.