Short-term debt in Ecuador
Ecuador: Short-term debt was 1.0% in 2024. ◆ Volatile
Short-term debt in Ecuador, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Ecuador stood at 1.0%. That is the lowest value across all 55 years on record.
The figure is down 69.2% on the previous year and down 74.4% over ten years.
Over the whole period, short-term debt in Ecuador peaked at 34.4% in 1977 and was at its lowest, 1.0%, in 2024.
That places Ecuador 103rd out of 121 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.5% | 19.8% | 34.4% | 10 |
| 1980s | 15.9% | 5.3% | 28.1% | 10 |
| 1990s | 14.7% | 5.9% | 27.4% | 10 |
| 2000s | 8.5% | 4.6% | 11.8% | 10 |
| 2010s | 3.9% | 1.8% | 6.9% | 10 |
| 2020s | 2.3% | 1.0% | 3.4% | 5 |
Countries ranked near Ecuador
- 100 Mozambique 1.7% compare
- 101 Guyana 1.7% compare
- 102 Madagascar 1.5% compare
- 104 Ethiopia 1.0% compare
- 105 Papua New Guinea 0.9% compare
- 106 Turkmenistan 0.9% compare
More external debt data for Ecuador
- IFC, private nonguaranteed 96.60 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 3.7% (2024)
- Net financial flows, IDA -66,000 NFL, current US$ (2023)
- Net financial flows, IBRD 1.05 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 11.6% (2024)
- Multilateral debt service 39.2% (2024)
- Multilateral debt service 1.77 billion TDS, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 4.51 billion TDS, current US$ (2024)
- IMF repurchases and charges 1.13 billion TDS, current US$ (2024)
- PPG, official creditors 1.41 billion NFL, US$ (2024)
Frequently asked questions
- What is short-term debt in Ecuador?
- Short-term debt in Ecuador was 1.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Ecuador?
- The highest recorded value was 34.4% in 1977.
- What is the lowest short-term debt recorded in Ecuador?
- The lowest recorded value was 1.0% in 2024.
- How does Ecuador rank for short-term debt?
- Ecuador ranks 103rd out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Ecuador?
- Over the last ten years it is down 74.4%. The long-run trend across the full record is volatile.
- Where does this Ecuador data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.