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household debts in Ecuador

Gross debt in Ecuador

The government debt of Ecuador refers to the debt of the state proper, but not its federal states, municipalities and institutions.

The government debt in the period from 1991 to 2019 was between 9.1 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 25,151 USD.


Back to overview: Ecuador

Gross debt of the last 28 years in billion USD




YearEcuador total% of GDPper capitaEU per capita
19919.06 bn USD53.31%865 USD6,198 USD
199210.44 bn USD57.70%974 USD7,328 USD
199512.70 bn USD51.99%1,109 USD12,276 USD
199613.11 bn USD51.97%1,120 USD13,038 USD
199712.75 bn USD45.27%1,067 USD11,925 USD
199813.51 bn USD48.27%1,107 USD11,978 USD
199914.09 bn USD71.70%1,132 USD11,204 USD
200011.67 bn USD63.68%920 USD9,175 USD
200112.08 bn USD49.37%935 USD9,104 USD
200212.52 bn USD43.86%953 USD10,039 USD
200313.11 bn USD40.43%981 USD12,356 USD
200413.32 bn USD36.40%980 USD14,056 USD
200513.44 bn USD32.39%972 USD14,655 USD
200612.39 bn USD26.46%881 USD15,092 USD
200712.85 bn USD25.19%899 USD16,757 USD
200812.71 bn USD20.58%874 USD19,361 USD
20099.34 bn USD14.94%632 USD20,190 USD
201012.39 bn USD17.82%826 USD21,506 USD
201113.68 bn USD17.26%898 USD24,311 USD
201217.66 bn USD20.09%1,141 USD23,897 USD
201321.79 bn USD22.91%1,387 USD26,085 USD
201427.99 bn USD27.52%1,755 USD26,871 USD
201530.73 bn USD30.95%1,897 USD22,892 USD
201635.60 bn USD35.62%2,165 USD23,468 USD
201743.08 bn USD41.31%2,580 USD24,441 USD
201846.21 bn USD42.96%2,716 USD26,205 USD
201953.88 bn USD49.84%3,107 USD25,151 USD


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



      Ecuador       European Union


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