Foreign banks among total banks in Ecuador
Ecuador: Foreign banks among total banks was 22.0% in 2013. ▲ Rising
Foreign banks among total banks in Ecuador, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2013, foreign banks among total banks in Ecuador stood at 22.0%.
The figure is down 12.0% on the previous year and up 46.7% over ten years.
Over the whole period, foreign banks among total banks in Ecuador peaked at 25.0% in 2010 and was at its lowest, 15.0%, in 2002.
Ecuador ranks 96th of 137 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.
Foreign banks among total banks in Ecuador, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 18.0% | — |
| 1996 | 17.0% | -5.6% |
| 1997 | 18.0% | +5.9% |
| 1998 | 18.0% | +0.0% |
| 1999 | 22.0% | +22.2% |
| 2000 | 23.0% | +4.5% |
| 2001 | 18.0% | -21.7% |
| 2002 | 15.0% | -16.7% |
| 2003 | 15.0% | +0.0% |
| 2004 | 15.0% | +0.0% |
| 2005 | 15.0% | +0.0% |
| 2006 | 15.0% | +0.0% |
| 2007 | 15.0% | +0.0% |
| 2008 | 16.0% | +6.7% |
| 2009 | 20.0% | +25.0% |
| 2010 | 25.0% | +25.0% |
| 2011 | 25.0% | +0.0% |
| 2012 | 25.0% | +0.0% |
| 2013 | 22.0% | -12.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.6% | 17.0% | 22.0% | 5 |
| 2000s | 16.7% | 15.0% | 23.0% | 10 |
| 2010s | 24.2% | 22.0% | 25.0% | 4 |
Countries ranked near Ecuador
- 94 South Africa 24.0% compare
- 95 Viet Nam 23.0% compare
- 96 Finland 22.0% compare
- 96 United Arab Emirates 22.0% compare
- 99 Costa Rica 21.0% compare
- 99 Sudan 21.0% compare
More financial sector data for Ecuador
- Net domestic credit (current LCU), per capita 4,540 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 0.6372 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.18 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 29.57 million SDR (2025)
- Gold reserves at market value 2.69 billion SDR (2025)
- Reserves excluding gold, foreign exchange 4.43 billion SDR (2025)
- Reserves excluding gold 4.46 billion SDR (2025)
- Total reserves (gold at market value) 7.15 billion SDR (2025)
- Total reserves (gold at national valuation) 7.15 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 391.17 SDR per person (2025)
Frequently asked questions
- What is foreign banks among total banks in Ecuador?
- Foreign banks among total banks in Ecuador was 22.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Ecuador?
- The highest recorded value was 25.0% in 2010.
- What is the lowest foreign banks among total banks recorded in Ecuador?
- The lowest recorded value was 15.0% in 2002.
- How does Ecuador rank for foreign banks among total banks?
- Ecuador ranks 96th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Ecuador?
- Over the last ten years it is up 46.7%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.