Ecuador Household Debt: % of GDP
2006 - 2024 | Quarterly | % | CEIC Data
Key information about Ecuador Household Debt: % of GDP
- Ecuador household debt accounted for 17.4 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 17.0 % in the previous quarter.
- Ecuador household debt to GDP ratio is updated quarterly, available from Dec 2006 to Sep 2024.
- The data reached an all-time high of 17.4 % in Sep 2024 and a record low of 6.0 % in Dec 2006.
CEIC calculates quarterly Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. The Superintendency of Banks provides Household Debt in USD. The Central Bank of Ecuador provides Nominal GDP in USD. Loans are used due to the lack of Flow of Funds statistics. Household Debt includes Mortgages and Consumer Loans.
Related information about Ecuador Household Debt: % of GDP
- In the latest reports, Ecuador Household Debt reached 21.9 USD bn in Dec 2024.
- Money Supply M2 in Ecuador increased 10.6 % YoY in Nov 2024.
- Ecuador Foreign Exchange Reserves was measured at 4.6 USD bn in Dec 2024.
- The Foreign Exchange Reserves equaled 2.0 Months of Import in Nov 2024.
- Ecuador Domestic Credit reached 74.0 USD bn in Nov 2024, representing an increased of 6.0 % YoY.
- The country's Non Performing Loans Ratio stood at 5.9 % in Nov 2024, compared with the ratio of 5.9 % in the previous month.
View Ecuador's Household Debt: % of GDP from Dec 2006 to Sep 2024 in the chart:
What was Ecuador's Household Debt: % of GDP in Sep 2024?
Ecuador household debt accounted for 17.4 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 17.0 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 17.4 Sep 2024 | 17.0 Jun 2024 | 6.0 Dec 2006 | 17.4 Sep 2024 | % | quarterly | Dec 2006 - Sep 2024 |
Household Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 12.0 Sep 2024 | quarterly | Dec 2008 - Sep 2024 |
| Argentina (%) | 4.5 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| Armenia (%) | 28.4 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Australia (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
| Austria (%) | 44.5 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Azerbaijan (%) | 13.1 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Belarus (%) | 10.4 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Belgium (%) | 59.0 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
| Bolivia (%) | 11.3 Dec 2022 | quarterly | Sep 2010 - Dec 2022 |
| Bosnia and Herzegovina (%) | 24.8 Sep 2024 | quarterly | Dec 2008 - Sep 2024 |
| Botswana (%) | 20.9 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
| Brunei (%) | 14.5 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
| Bulgaria (%) | 27.8 2023 | yearly | 1995 - 2023 |
| Cambodia (%) | 26.6 2022 | yearly | 2008 - 2022 |
| Canada (%) | 99.2 Sep 2024 | quarterly | Mar 1969 - Sep 2024 |
| Chile (%) | 39.2 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| China (%) | 63.3 Mar 2023 | quarterly | Mar 2007 - Mar 2023 |
| Colombia (%) | 31.5 Jun 2024 | quarterly | Dec 2015 - Jun 2024 |
| Croatia (%) | 32.6 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Cyprus (%) | 79.6 2023 | yearly | 1995 - 2023 |
| Czech Republic (%) | 34.1 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Denmark (%) | 92.2 2023 | yearly | 1994 - 2023 |
| Ecuador (%) | 17.4 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Egypt (%) | 7.3 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
| Estonia (%) | 39.1 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| European Union (%) | 44.4 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
| Finland (%) | 74.8 2023 | yearly | 1995 - 2023 |
| France (%) | 74.2 2023 | yearly | 1977 - 2023 |
| Georgia (%) | 36.9 Mar 2023 | quarterly | Mar 2001 - Mar 2023 |
| Germany (%) | 50.3 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Greece (%) | 46.2 Jun 2024 | quarterly | Dec 1997 - Jun 2024 |
| Hong Kong SAR, China (%) | 89.0 Sep 2024 | quarterly | Mar 1982 - Sep 2024 |
| Hungary (%) | 19.9 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Iceland (%) | 73.1 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| India (%) | 17.4 2024 | yearly | 1998 - 2024 |
| Indonesia (%) | 10.0 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Ireland (%) | 31.7 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Israel (%) | 42.7 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Italy (%) | 48.0 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Japan (%) | 65.1 Sep 2024 | quarterly | Dec 1997 - Sep 2024 |
| Jordan (%) | 80.6 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Kazakhstan (%) | 15.3 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
| South Korea (%) | 93.7 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
| Kosovo (%) | 22.0 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Kuwait (%) | 0.9 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Kyrgyzstan (%) | 8.7 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Latvia (%) | 22.3 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Lithuania (%) | 28.5 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Luxembourg (%) | 64.5 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Macau SAR, China (%) | 80.5 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| North Macedonia (%) | 26.0 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Malawi (%) | 0.3 2011 | yearly | 2006 - 2011 |
| Malaysia (%) | 84.2 2023 | yearly | 2002 - 2023 |
| Malta (%) | 40.3 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| Mauritius (%) | 20.6 Jun 2018 | quarterly | Mar 2009 - Jun 2018 |
| Mexico (%) | 16.5 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Mongolia (%) | 26.4 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Montenegro (%) | 25.6 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Morocco (%) | 23.5 2023 | yearly | 2001 - 2023 |
| Netherlands (%) | 97.4 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| New Zealand (%) | 89.9 Sep 2024 | quarterly | Dec 1990 - Sep 2024 |
| Norway (%) | 90.7 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Panama (%) | 38.3 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
| Peru (%) | 15.9 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Philippines (%) | 11.3 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Poland (%) | 23.5 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| Portugal (%) | 65.9 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Romania (%) | 15.4 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Russia (%) | 20.4 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
| Saudi Arabia (%) | 12.1 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| Serbia (%) | 16.9 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| Singapore (%) | 52.4 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Slovakia (%) | 44.7 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Slovenia (%) | 27.7 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| South Africa (%) | 40.7 Sep 2024 | quarterly | Mar 1969 - Sep 2024 |
| Spain (%) | 48.9 Jun 2024 | quarterly | Dec 1989 - Jun 2024 |
| Sri Lanka (%) | 6.5 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Sweden (%) | 86.2 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Switzerland (%) | 128.2 2023 | yearly | 1999 - 2023 |
| Syria (%) | 14.6 2011 | yearly | 2004 - 2011 |
| Taiwan (%) | 95.6 2023 | yearly | 2000 - 2023 |
| Thailand (%) | 89.0 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Tunisia (%) | 0.0 2020 | yearly | 2007 - 2020 |
| Turkey (%) | 10.0 Sep 2024 | quarterly | Dec 2014 - Sep 2024 |
| Ukraine (%) | 3.6 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| United Arab Emirates (%) | 106.2 2021 | yearly | 2013 - 2021 |
| United Kingdom (%) | 81.5 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
| United States (%) | 62.3 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Uruguay (%) | 11.1 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Venezuela (%) | 3.4 2017 | yearly | 2004 - 2017 |
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Learn more about what we doEcuador Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.3 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -868.114 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Tax Revenue (USD mn) | 4,355.023 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Tax Revenue: % of GDP (%) | 14.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| National Government Debt (USD mn) | 82,846.8 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Government Debt: % of GDP (%) | 67.4 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Forecast: Government Expenditure (USD bn) | 51.430 2029 | yearly | 1995 - 2029 |
| Forecast: Government Net Debt (USD bn) | 72.877 2029 | yearly | 2001 - 2029 |
| Forecast: Government Revenue (USD bn) | 52.747 2029 | yearly | 1995 - 2029 |
| Central Government: Balance (USD mn) | -1,205.850 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Central Government: Finance (USD mn) | 1,205.850 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Central Government: Expenditure excl Amortization (USD mn) | 2,777.894 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Central Government: Revenue (USD mn) | 1,572.044 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.962 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 487.9 Nov 2024 | monthly | Mar 1992 - Nov 2024 |
| Total Exports (USD mn) | 2,528.2 Apr 2023 | monthly | Jan 1965 - Apr 2023 |
| Total Exports Growth (%) | 18.5 Nov 2024 | monthly | Jan 1966 - Nov 2024 |
| Aluminum: Exports (USD th) | 73,669.642 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 31,582.671 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 8,971.615 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 2,651.0 Nov 2024 | monthly | Jan 1957 - Nov 2024 |
| Total Imports Growth (%) | -3.6 Nov 2024 | monthly | Jan 1958 - Nov 2024 |
| Imports: Medicament (USD th) | 940,587.785 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 633,025.171 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 528.656 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Total Imports from USA (USD mn) | 893.277 Dec 2024 | monthly | Jan 1973 - Dec 2024 |
| Total Exports to China (USD mn) | 447.691 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Total Imports from China (USD mn) | 602.610 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Terms of Trade Index: 2007=100 (2007=100) | 95.804 Dec 2024 | monthly | Jan 2014 - Dec 2024 |
| BCE Forecast: Trade Balance: 2018=100 (USD mn) | 3,097.200 2025 | yearly | 2024 - 2025 |
| Exports: FOB: Petroleum: Crude Petroleum (USD th) | 585,206.846 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) | 330,692.663 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| BCE Forecast: Exports: fob: 2018=100 (USD th) | 31,848,323.000 2025 | yearly | 2024 - 2025 |
| Exports: FOB: America: United States (USD mn) | 528.656 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Exports: FOB: Asia: People's Republic of China (USD mn) | 447.691 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Exports: FOB: America: ALADI: Panama (USD mn) | 549.766 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| BCE Forecast: Imports: fob: 2018=100 (USD th) | 28,751,123.000 2025 | yearly | 2024 - 2025 |
| Imports: CIF: Asia: People's Republic of China (USD mn) | 324.160 Jan 2020 | monthly | Jan 2010 - Jan 2020 |
| Imports: CIF: Consumer Goods: Non Durable (USD th) | 331,483.999 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Imports: CIF: Fuels And Lubricants (USD th) | 635,447.590 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Imports: CIF: America: ALADI: Panama (USD mn) | 5.008 Nov 2024 | monthly | Mar 2019 - Nov 2024 |
| Export Value Index (2015=100) | 145.654 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 119.376 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | 1,473.3 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Current Account Balance: % of GDP (%) | 4.8 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Foreign Direct Investment (USD mn) | 73.6 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Foreign Direct Investment: % of GDP (%) | 0.2 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Foreign Portfolio Investment (USD mn) | -24.262 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -0.1 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.2 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -24.443 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| External Debt (USD mn) | 58,167.5 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| External Debt: % of GDP (%) | 48.7 2023 | yearly | 1970 - 2023 |
| External Debt: Short Term (USD mn) | 986.1 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| External Debt: Short Term: % of GDP (%) | 1.5 2023 | yearly | 1970 - 2023 |
| Forecast: Current Account Balance (USD bn) | 3.608 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD) | -18,707,079,496.587 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| BoP: CA: Goods & Services: Services (USD mn) | -688.520 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| BoP: CA: Goods & Services: Goods (USD mn) | 1,405.024 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| Gross External Debt: Long Term (USD mn) | 59,522.334 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Gross External Debt (USD mn) | 61,229.061 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| External Debt: Public (USD mn) | 49,399.679 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| External Debt: Private (USD mn) | 8,767.811 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Foreign Direct Investment: BPM6 (USD th) | 73,581.424 Sep 2024 | quarterly | Mar 2016 - Sep 2024 |
| Foreign Direct Investment: Asia: China (USD th) | 12,350.723 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Foreign Direct Investment: Europe: Spain (USD th) | 88,442.667 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Foreign Direct Investment: Europe: Netherlands (USD th) | 23,806.340 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.3 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Household Debt: % of GDP (%) | 17.4 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Non-Performing Loans (USD mn) | 3,542.798 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Money Supply M1 (USD mn) | 31,044.443 Nov 2024 | monthly | Dec 2006 - Nov 2024 |
| Money Supply M2 (USD mn) | 86,665.568 Nov 2024 | monthly | Dec 2006 - Nov 2024 |
| M2 Growth (%) | 10.6 Nov 2024 | monthly | Dec 2007 - Nov 2024 |
| Reserve Requirement Ratio (%) | 2.0 Aug 2022 | monthly | Dec 2009 - Aug 2022 |
| Foreign Exchange Reserves (USD mn) | 4,869.1 Jan 2025 | monthly | Dec 1956 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 5.127 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.0 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Gold Reserves (USD mn) | 2,376.078 Jan 2025 | monthly | Dec 1956 - Jan 2025 |
| Total Deposits (USD mn) | 68,090.944 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Total Deposits Growth (%) | 12.7 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Domestic Credit (USD mn) | 74,824.0 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Domestic Credit Growth (%) | 5.1 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Household Debt (USD mn) | 21,883.4 Dec 2024 | monthly | Oct 2006 - Dec 2024 |
| Total Loans (USD mn) | 66,189.221 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Total Loans Growth (%) | 5.92 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 54.12 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| International Reserve: Net Currency Position (USD mn) | 4,869.126 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 7.5 Dec 2024 | monthly | Feb 2011 - Dec 2024 |
More Indicators for Ecuador
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