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Ecuador Foreign Reserves

Total reserves including gold  FI.RES.TOTL.CD

Ecuador's foreign reserves was $5.8B in 2025, ranked 92nd globally. This represents a 16.1% decrease from 2024. Data from World Bank, covering 1960–2025.

$5.8B −$1.1B (-16.1%)
Year 2025 Rank #92 Global Peak $8.5B (2022) Source World Bank

Ecuador Foreign Reserves (1960–2025)

Overview

Ecuador's foreign reserves stood at $5.8B in 2025, a decline of +$1.1B from 2024. Based on recent trends, this figure is projected to reach $5.8B by 2025. Ecuador ranked 92nd globally.

Ecuador’s foreign reserves have risen dramatically from a modest 41,077,600.00 in 1960 to 5,792,976,532.78 in 2025, placing the country 92nd globally. The accumulation accelerated after the early‑1960s trough of 38,397,350.00, reaching an all‑time peak of 8,459,270,681.87 in 2022 before slipping modestly in the subsequent three years. This trajectory mirrors the pattern observed in peer economies such as Cameroon, whose reserves stand at 5,797,639,144.63, and Panama at 5,509,197,233.80, suggesting that regional trade balances and commodity price cycles exert comparable influences. The modest decline from the 2022 high reflects tighter fiscal conditions and external debt servicing pressures, yet the reserve base remains well above historical lows, providing a buffer against balance‑of‑payments shocks. Continued diversification of export markets and prudent monetary policy could stabilize or even expand the reserve stock, mitigating vulnerability to commodity price volatility.

Data & projection

Year Foreign Reserves YoY change Rank
2027* trend $5.0B - -
2026* trend $5.4B - -
2025* trend $5.8B - -
2025 $5.8B −$1.1B #92
2024 $6.9B +$2.5B #80
2023 $4.4B −$4.0B #101
2022 $8.5B +$547.1M #79
2021 $7.9B +$775.6M #86
2020 $7.1B +$4.2B #88
2019 $2.9B +$780.4M #106
2018 $2.2B −$11.0M #112
2017 $2.2B −$2.0B #113
2016 $4.2B +$1.7B #90
2015 $2.5B −$1.5B #105
2014 $3.9B −$404.5M #94
2013 $4.3B +$1.9B #94
2012 $2.5B −$472.0M #109
2011 $3.0B +$335.5M #96
Show all years (1960-2025)
* 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 foreign reserves improve within 24 months. View full analysis →

Frequently Asked Questions

What is Ecuador's foreign reserves?▾

Ecuador's foreign reserves was $5.8B in 2025. Ranked 92nd globally. This represents a 16.1% decrease from the previous year.

What was the highest foreign reserves in Ecuador?▾

Ecuador's foreign reserves peaked at $8.5B in 2022.

What was the lowest foreign reserves in Ecuador?▾

The lowest foreign reserves in Ecuador was $38.4M in 1961.

How does Ecuador rank in foreign reserves?▾

Ecuador ranks 92nd globally in foreign reserves as of 2025.

What is the World Bank indicator code for foreign reserves?▾

The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.

What is the projected foreign reserves of Ecuador in 2025?▾

Ecuador's foreign reserves is projected to reach $5.8B by 2025 based on trend extrapolation.

What is Ecuador's foreign reserves in billion?▾

Ecuador's foreign reserves was approximately 5.79 billion ($5.8B) in 2025.

What is the foreign reserves of Ecuador in 2025?▾

The foreign reserves of Ecuador in 2025 was $5.8B. This ranks 92nd in the world.

Cite this page

APA
Ecuador Foreign Reserves. HistorySaid. Retrieved November 10, 2026, from https://historysaid.com/ecuador/reserves/
BibTeX
@misc{historysaid_ecuador_reserves, title = {Ecuador Foreign Reserves}, url = {https://historysaid.com/ecuador/reserves/}, publisher = {HistorySaid}, year = {2026} }
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