household debts in Ecuador

Gross debt in Ecuador

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Ecuador in the period from 1998 to 2019 was between 9.3 billion and 53.9 billion USD. The highest level of the last years at 54 billion US Dollar was reached in 2019.

Based on the number of inhabitants, this is a debt of 3,107 USD per person. For comparison, the average debt per person in the same year in the European Union was 27,168 USD.

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Gross debt of the last 21 years in billion USD

YearEcuador totalEcuador per capitaEU per capita
199813.51 bn USD1,107 USD14,079 USD
199914.09 bn USD1,132 USD14,032 USD
200011.67 bn USD920 USD11,232 USD
200112.08 bn USD935 USD11,255 USD
200212.52 bn USD953 USD12,258 USD
200313.11 bn USD981 USD15,286 USD
200413.32 bn USD980 USD17,595 USD
200513.44 bn USD972 USD18,327 USD
200612.39 bn USD881 USD18,877 USD
200712.85 bn USD899 USD20,898 USD
200812.71 bn USD874 USD24,086 USD
20099.34 bn USD632 USD25,361 USD
201012.39 bn USD826 USD26,496 USD
201113.68 bn USD898 USD29,231 USD
201217.66 bn USD1,141 USD28,174 USD
201321.79 bn USD1,387 USD29,981 USD
201427.99 bn USD1,755 USD30,648 USD
201530.73 bn USD1,897 USD25,918 USD
201635.60 bn USD2,165 USD26,261 USD
201743.08 bn USD2,580 USD27,024 USD
201846.21 bn USD2,716 USD28,448 USD
201953.88 bn USD3,107 USD27,168 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Ecuador       European Union

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