Secondary income balance (credit less debit), Net (credits less) in Ecuador
Ecuador: Secondary income balance (credit less debit), Net (credits less) was 5.92 billion in 2024. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Ecuador, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Ecuador stood at 5.92 billion. That is the highest value across all 20 years on record.
That represents a change of up 24.2% on the previous year and up 180.8% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Ecuador peaked at 5.92 billion in 2024 and was at its lowest, 1.96 billion, in 2015.
That places Ecuador 26th out of 197 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.66 billion | — |
| 2006 | 3.10 billion | +16.6% |
| 2007 | 3.40 billion | +9.6% |
| 2008 | 3.22 billion | -5.4% |
| 2009 | 2.72 billion | -15.5% |
| 2010 | 2.48 billion | -8.8% |
| 2011 | 2.72 billion | +9.7% |
| 2012 | 2.48 billion | -8.9% |
| 2013 | 2.38 billion | -4.2% |
| 2014 | 2.11 billion | -11.3% |
| 2015 | 1.96 billion | -6.9% |
| 2016 | 2.33 billion | +18.9% |
| 2017 | 2.63 billion | +12.6% |
| 2018 | 2.41 billion | -8.3% |
| 2019 | 2.74 billion | +13.7% |
| 2020 | 2.99 billion | +9.3% |
| 2021 | 3.86 billion | +28.9% |
| 2022 | 4.11 billion | +6.5% |
| 2023 | 4.77 billion | +16.0% |
| 2024 | 5.92 billion | +24.2% |
Ecuador compared with similar countries
- Ecuador's 5.92 billion is above the median for upper middle income countries, which is 975.41 million, 6.1× the median. (54 countries reporting)
- Ecuador's 5.92 billion is above the median for Latin America & Caribbean, which is 194.18 million, 30.5× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.02 billion | 2.66 billion | 3.40 billion | 5 |
| 2010s | 2.42 billion | 1.96 billion | 2.74 billion | 10 |
| 2020s | 4.33 billion | 2.99 billion | 5.92 billion | 5 |
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 secondary income balance (credit less debit), net (credits less) in Ecuador?
- Secondary income balance (credit less debit), net (credits less) in Ecuador was 5.92 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Ecuador?
- The highest recorded value was 5.92 billion in 2024.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Ecuador?
- The lowest recorded value was 1.96 billion in 2015.
- How does Ecuador rank for secondary income balance (credit less debit), net (credits less)?
- Ecuador ranks 26th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Ecuador?
- Over the last ten years it is up 180.8%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from International Monetary Fund, published as part of Secondary income 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.