Services balance (credit less debit), Net (credits less debits) in Ecuador
Ecuador: Services balance (credit less debit), Net (credits less debits) was -2.31 billion in 2024. βΌ Falling
Services balance (credit less debit), Net (credits less debits) in Ecuador, 2005β2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Ecuador is -2.31 billion, measured in 2024.
Compared with earlier readings it is down 27.9% on the previous year and down 97.3% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Ecuador peaked at -805.25 million in 2015 and was at its lowest, -2.49 billion, in 2022.
Ecuador ranks 155th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.33 billion | -1.57 billion | -1.13 billion | 5 |
| 2010s | -1.20 billion | -1.56 billion | -805.25 million | 10 |
| 2020s | -1.96 billion | -2.49 billion | -1.14 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 services balance (credit less debit), net (credits less debits) in Ecuador?
- Services balance (credit less debit), net (credits less debits) in Ecuador was -2.31 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Ecuador?
- The highest recorded value was -805.25 million in 2015.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Ecuador?
- The lowest recorded value was -2.49 billion in 2022.
- How does Ecuador rank for services balance (credit less debit), net (credits less debits)?
- Ecuador ranks 155th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Ecuador?
- Over the last ten years it is down 97.3%. 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 Services 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.