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Ecuador External Debt

Total external debt stocks  DT.DOD.DECT.CD

Ecuador's external debt was $62.9B in 2025, ranked 25th globally. This represents a 4.2% increase from 2024. Data from World Bank, covering 1970–2025.

$62.9B +$2.5B (+4.2%)
Year 2025 Rank #25 Global Peak $62.9B (2025) Source World Bank

Ecuador External Debt (1970–2025)

Overview

Ecuador's external debt stood at $62.9B in 2025, a rise of +$2.5B from 2024. Based on recent trends, this figure is projected to reach $62.9B by 2025. Ecuador ranked 25th globally.

Ecuador’s external debt has risen dramatically over the 56‑year span from a modest 402,122,588.10 in 1970 to an all‑time peak of 62,886,860,164.06 in 2025, placing the country 25th globally. The acceleration accelerated after the early 2000s, reflecting a combination of fiscal deficits, infrastructure borrowing and the need to service short‑term obligations during periods of volatile commodity prices. By 2025 the debt stock exceeds that of peers such as Sri Lanka (58,853,903,449.25) and Lebanon (66,243,520,906.42), underscoring a comparable exposure to external financing pressures in emerging markets. The steep upward trajectory contrasts sharply with the 1970 trough, highlighting a structural shift toward greater reliance on foreign capital. Continued debt accumulation will hinge on Ecuador’s ability to diversify exports, improve fiscal discipline and secure favorable terms on new borrowing; absent such adjustments, the upward trend is likely to persist.

Data & projection

Year External Debt YoY change Rank
2027* trend $65.2B - -
2026* trend $64.0B - -
2025* trend $62.9B - -
2025 $62.9B +$2.5B #25
2024 $60.4B −$1.3B #94
2023 $61.7B +$975.1M #96
2022 $60.7B +$2.6B #97
2021 $58.1B +$1.7B #95
2020 $56.4B +$4.5B #95
2019 $51.9B +$6.9B #95
2018 $45.0B +$3.8B #95
2017 $41.2B +$5.8B #95
2016 $35.4B +$7.0B #93
2015 $28.4B +$3.4B #91
2014 $25.0B +$5.9B #87
2013 $19.1B +$2.8B #83
2012 $16.3B +$80.2M #84
2011 $16.2B +$791.3M #84
Show all years (1970-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.9% GDP growth 9.4% C/A balance 2.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Ecuador matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw external debt improve within 24 months. View full analysis →

Frequently Asked Questions

What is Ecuador's external debt?▾

Ecuador's external debt was $62.9B in 2025. Ranked 25th globally. This represents a 4.2% increase from the previous year.

What was the highest external debt in Ecuador?▾

Ecuador's external debt peaked at $62.9B in 2025.

What was the lowest external debt in Ecuador?▾

The lowest external debt in Ecuador was $402.1M in 1970.

How does Ecuador rank in external debt?▾

Ecuador ranks 25th globally in external debt as of 2025.

What is the World Bank indicator code for external debt?▾

The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.

What is the projected external debt of Ecuador in 2025?▾

Ecuador's external debt is projected to reach $62.9B by 2025 based on trend extrapolation.

What is Ecuador's external debt in billion?▾

Ecuador's external debt was approximately 62.89 billion ($62.9B) in 2025.

What is the external debt of Ecuador in 2025?▾

The external debt of Ecuador in 2025 was $62.9B. This ranks 25th in the world.

Cite this page

APA
Ecuador External Debt. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/ecuador/external-debt/
BibTeX
@misc{historysaid_ecuador_external-debt, title = {Ecuador External Debt}, url = {https://historysaid.com/ecuador/external-debt/}, publisher = {HistorySaid}, year = {2026} }
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