Interest payments in Ecuador
Ecuador: Interest payments was 4.7% in 2022. ▲ Rising
Interest payments in Ecuador, 2013–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2022, interest payments in Ecuador stood at 4.7%.
Compared with earlier readings it is up 29.5% on the previous year and up 100.6% over ten years.
Over the whole period, interest payments in Ecuador peaked at 8.1% in 2020 and was at its lowest, 2.4%, in 2013.
That places Ecuador 94th out of 152 countries with data for 2022, putting it in the middle of the range.
Interest payments in Ecuador, year by year
| Year | % of expense | Change |
|---|---|---|
| 2013 | 2.4% | — |
| 2014 | 2.5% | +6.9% |
| 2015 | 3.4% | +36.2% |
| 2016 | 5.7% | +64.7% |
| 2017 | 5.7% | +1.0% |
| 2018 | 6.5% | +14.3% |
| 2019 | 7.5% | +14.6% |
| 2020 | 8.1% | +8.0% |
| 2021 | 3.7% | -54.8% |
| 2022 | 4.7% | +29.5% |
Ecuador compared with similar countries
- Ecuador's 4.7% is below the median for upper middle income countries, which is 8.8%, 54% of the median. (47 countries reporting)
- Ecuador's 4.7% is below the median for Latin America & Caribbean, which is 10.3%, 46% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.8% | 2.4% | 7.5% | 7 |
| 2020s | 5.5% | 3.7% | 8.1% | 3 |
Countries ranked near Ecuador
More public sector data for Ecuador
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Ecuador?
- Interest payments in Ecuador was 4.7% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Ecuador?
- The highest recorded value was 8.1% in 2020.
- What is the lowest interest payments recorded in Ecuador?
- The lowest recorded value was 2.4% in 2013.
- How does Ecuador rank for interest payments?
- Ecuador ranks 94th out of 152 countries with data for 2022.
- Is interest payments rising or falling in Ecuador?
- Over the last ten years it is up 100.6%. The long-run trend across the full record is rising.
- 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 Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.