Net incurrence of liabilities, total in Ecuador
Ecuador: Net incurrence of liabilities, total was 2.95 billion current LCU in 2022. ▼ Falling
Net incurrence of liabilities, total in Ecuador, 2013–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Ecuador is 2.95 billion current LCU, measured in 2022. That is the lowest value across all 10 years on record.
The figure is down 58.4% on the previous year and down 61.8% over ten years.
Over the whole period, net incurrence of liabilities, total in Ecuador peaked at 9.49 billion current LCU in 2020 and was at its lowest, 2.95 billion current LCU, in 2022.
That places Ecuador 94th out of 136 countries with data for 2022, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.78 billion current LCU | 4.27 billion current LCU | 9.17 billion current LCU | 7 |
| 2020s | 6.52 billion current LCU | 2.95 billion current LCU | 9.49 billion current LCU | 3 |
Countries ranked near Ecuador
- 91 Switzerland 4.11 billion current LCU compare
- 92 New Zealand 3.76 billion current LCU compare
- 93 Belarus 3.40 billion current LCU compare
- 95 Eswatini 2.83 billion current LCU compare
- 96 Papua New Guinea 2.53 billion current LCU compare
- 97 Norway 2.39 billion current LCU compare
More public sector data for Ecuador
- Arms imports 25.00 million SIPRI trend indicator values (2024)
- Tax revenue 13.1% (2022)
- Taxes on income, profits and capital gains 12.3% (2022)
- Taxes on goods and services 21.1% (2022)
- Net investment in nonfinancial assets 0.5% (2022)
- Net lending (+) / net borrowing (-) -0.0% (2022)
- Interest payments 4.7% (2022)
- Grants and other revenue 41.7% (2022)
- Interest payments 4.7% (2022)
- Other taxes 2.5% (2022)
Frequently asked questions
- What is net incurrence of liabilities, total in Ecuador?
- Net incurrence of liabilities, total in Ecuador was 2.95 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Ecuador?
- The highest recorded value was 9.49 billion current LCU in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Ecuador?
- The lowest recorded value was 2.95 billion current LCU in 2022.
- How does Ecuador rank for net incurrence of liabilities, total?
- Ecuador ranks 94th out of 136 countries with data for 2022.
- Is net incurrence of liabilities, total rising or falling in Ecuador?
- Over the last ten years it is down 61.8%. The long-run trend across the full record is falling.
- Where does this Ecuador data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.