Ecuador External Debt to GNI
External debt stocks as % of GNI DT.DOD.DECT.GN.ZS
Ecuador's external debt to gni was 46.59% in 2025, ranked 50th globally. This represents a 6.4% decrease from 2024. Data from World Bank, covering 1970–2025.
Overview
Ecuador's external debt to gni stood at 46.59% in 2025, a decline of +3.16pp from 2024. Based on recent trends, this figure is projected to reach 46.59% by 2025. Ecuador ranked 50th globally.
Ecuador’s external debt-to‑GNI ratio has risen sharply from a low of 11.02 % in 1974 to an all‑time peak of 106.42 % in 2000, before moderating to 46.59 % in 2025, placing the country at 50th position globally. The 56‑year series shows a long‑term upward trajectory, with the post‑2000 decline reflecting fiscal consolidation and restructuring of sovereign bonds that followed the early‑2000s debt crisis. Compared with peers of similar rank, Ecuador’s ratio is slightly above Egypt (45.10 %) and Morocco (43.65 %) but below Tanzania (48.28 %) and Ghana (48.36 %). The recent descent from the 2000 peak indicates improved debt sustainability, yet the current level remains high enough to constrain fiscal space, especially if external financing conditions tighten. Continued debt‑service management and diversification of export earnings will be crucial to keep the ratio on a downward path and avoid a reversal of the modest gains achieved since the turn of the millennium.
Data & projection
| Year | External Debt to GNI | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 41.51% | - | - |
| 2026* trend | 44.05% | - | - |
| 2025* trend | 46.59% | - | - |
| 2025 | 46.59% | −3.16pp | #50 |
| 2024 | 49.75% | −2.36pp | #71 |
| 2023 | 52.11% | −1.02pp | #70 |
| 2022 | 53.13% | −1.98pp | #68 |
| 2021 | 55.11% | −5.83pp | #65 |
| 2020 | 60.95% | +11.29pp | #72 |
| 2019 | 49.66% | +6.67pp | #68 |
| 2018 | 42.99% | +2.67pp | #63 |
| 2017 | 40.32% | +3.38pp | #59 |
| 2016 | 36.95% | +7.20pp | #51 |
| 2015 | 29.74% | +5.05pp | #39 |
| 2014 | 24.69% | +4.64pp | #37 |
| 2013 | 20.05% | +1.25pp | #27 |
| 2012 | 18.81% | −2.01pp | #22 |
| 2011 | 20.81% | −2.11pp | #27 |
Detected Pattern
Analysis
Ecuador matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw external debt to gni improve within 24 months. View full analysis →
Frequently Asked Questions
Ecuador's external debt to gni was 46.59% in 2025. Ranked 50th globally. This represents a 6.4% decrease from the previous year.
Ecuador's external debt to gni peaked at 106.42% in 2000.
The lowest external debt to gni in Ecuador was 11.02% in 1974.
Ecuador ranks 50th globally in external debt to gni as of 2025.
The World Bank indicator code is DT.DOD.DECT.GN.ZS. Data sourced from World Bank.
Ecuador's external debt to gni is projected to reach 46.59% by 2025 based on trend extrapolation.
The external debt to gni of Ecuador in 2025 was 46.59%. This ranks 50th in the world.
Cite this page
@misc{historysaid_ecuador_external-debt-to-gni,
title = {Ecuador External Debt to GNI},
url = {https://historysaid.com/ecuador/external-debt-to-gni/},
publisher = {HistorySaid},
year = {2026}
}