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 revenue.
Analysis
The most recent figure for interest payments in Ecuador is 4.7%, measured in 2022.
That represents a change of up 18.3% on the previous year and up 79.8% over ten years.
Over the whole period, interest payments in Ecuador peaked at 10.2% in 2020 and was at its lowest, 2.6%, in 2013.
That places Ecuador 94th out of 155 countries with data for 2022, putting it in the middle of the range.
Interest payments in Ecuador, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2013 | 2.6% | — |
| 2014 | 2.9% | +12.5% |
| 2015 | 3.8% | +30.4% |
| 2016 | 6.7% | +77.2% |
| 2017 | 6.4% | -4.3% |
| 2018 | 7.1% | +9.7% |
| 2019 | 8.4% | +18.5% |
| 2020 | 10.2% | +21.3% |
| 2021 | 3.9% | -61.3% |
| 2022 | 4.7% | +18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.4% | 2.6% | 8.4% | 7 |
| 2020s | 6.3% | 3.9% | 10.2% | 3 |
Countries ranked near Ecuador
- 91 Sudan 5.1%
- 92 San Marino 5.0% compare
- 93 Madagascar 4.8% compare
- 95 New Zealand 4.7% compare
- 96 Belgium 4.5% compare
- 97 Mongolia 4.3% compare
More public sector data for Ecuador
- Arms imports 25.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.38 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 257.14 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 25.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 148.77 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0218 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 0.2229 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.70 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 28.18 SIPRI trend indicator values per square kilometre (2023)
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 10.2% in 2020.
- What is the lowest interest payments recorded in Ecuador?
- The lowest recorded value was 2.6% in 2013.
- How does Ecuador rank for interest payments?
- Ecuador ranks 94th out of 155 countries with data for 2022.
- Is interest payments rising or falling in Ecuador?
- Over the last ten years it is up 79.8%. 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 revenue). 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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.