Owns a credit card in Ecuador

Ecuador: Owns a credit card was 14.4% in 2024. ▲ Rising

Latest (2024)
14.4%
Change on year
down 2.7%
World rank
18th
of 115 countries
All-time high
14.8%
in 2021
All-time low
5.7%
in 2014
Years of data
5
2011–2024

Owns a credit card in Ecuador, 2011–2024

0510152011201720242011: 10.2 % age 15+2014: 5.7 % age 15+2017: 8.7 % age 15+2021: 14.8 % age 15+2024: 14.4 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

The most recent figure for owns a credit card in Ecuador is 14.4%, measured in 2024.

That represents a change of down 2.7% on the previous year and up 154.7% over ten years.

Over the whole period, owns a credit card in Ecuador peaked at 14.8% in 2021 and was at its lowest, 5.7%, in 2014.

Ecuador ranks 18th of 115 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 8.2% 5.7% 10.2% 3
2020s 14.6% 14.4% 14.8% 2

Countries ranked near Ecuador

  1. 15 Venezuela 16.1% compare
  2. 16 Costa Rica 15.8% compare
  3. 17 Georgia 15.6% compare
  4. 19 Mexico 14.2% compare
  5. 20 Bosnia and Herzegovina 13.7% compare
  6. 21 Azerbaijan 13.4% compare

See the full ranking of 125 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is owns a credit card in Ecuador?
Owns a credit card in Ecuador was 14.4% in 2024, according to Global Findex Database.
What is the highest owns a credit card recorded in Ecuador?
The highest recorded value was 14.8% in 2021.
What is the lowest owns a credit card recorded in Ecuador?
The lowest recorded value was 5.7% in 2014.
How does Ecuador rank for owns a credit card?
Ecuador ranks 18th out of 115 countries with data for 2024.
Is owns a credit card rising or falling in Ecuador?
Over the last ten years it is up 154.7%. The long-run trend across the full record is rising.
Where does this Ecuador data come from?
The figures come from Global Findex Database, published as part of Owns a credit card (% age 15+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Owns a credit card (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
125 places, 625 data points, 2011–2024
Last refreshed

The percentage of respondents who report having a credit card, (% age 15+)