Goods balance (credit less debit), Net (credits less debits) in Ecuador
Ecuador: Goods balance (credit less debit), Net (credits less debits) was 6.81 billion in 2024. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Ecuador, 2005–2024
Source: International Monetary Fund.
Analysis
Ecuador recorded 6.81 billion for goods balance (credit less debit), net (credits less debits) in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 208.7% on the previous year and up 10,829.0% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Ecuador peaked at 6.81 billion in 2024 and was at its lowest, -1.65 billion, in 2015.
That places Ecuador 39th out of 198 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Net (credits less debits) in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 758.34 million | — |
| 2006 | 1.77 billion | +133.2% |
| 2007 | 1.82 billion | +3.1% |
| 2008 | 1.55 billion | -15.1% |
| 2009 | 143.58 million | -90.7% |
| 2010 | -1.50 billion | -1147.5% |
| 2011 | -302.61 million | -79.9% |
| 2012 | 49.95 million | -116.5% |
| 2013 | -528.55 million | -1158.2% |
| 2014 | -63.49 million | -88.0% |
| 2015 | -1.65 billion | +2498.4% |
| 2016 | 1.55 billion | -194.1% |
| 2017 | 253.88 million | -83.7% |
| 2018 | -203.26 million | -180.1% |
| 2019 | 931.07 million | -558.1% |
| 2020 | 3.48 billion | +273.5% |
| 2021 | 2.99 billion | -13.9% |
| 2022 | 2.54 billion | -15.0% |
| 2023 | 2.21 billion | -13.3% |
| 2024 | 6.81 billion | +208.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.21 billion | 143.58 million | 1.82 billion | 5 |
| 2010s | -146.40 million | -1.65 billion | 1.55 billion | 10 |
| 2020s | 3.61 billion | 2.21 billion | 6.81 billion | 5 |
Countries ranked near Ecuador
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 goods balance (credit less debit), net (credits less debits) in Ecuador?
- Goods balance (credit less debit), net (credits less debits) in Ecuador was 6.81 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Ecuador?
- The highest recorded value was 6.81 billion in 2024.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Ecuador?
- The lowest recorded value was -1.65 billion in 2015.
- How does Ecuador rank for goods balance (credit less debit), net (credits less debits)?
- Ecuador ranks 39th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Ecuador?
- Over the last ten years it is up 10,829.0%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.