Ecuador recorded a government debt equivalent to 49.40 percent of the country's Gross Domestic Product in 2019.

Government Debt to GDP in Ecuador averaged 46.52 percent from 1990 until 2019, reaching an all time high of 85.50 percent in 1999 and a record low of 16.40 percent in 2009. This page provides - Ecuador Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Ecuador is expected to reach 57.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Government Debt to GDP is projected to trend around 59.00 percent in 2021 and 61.00 percent in 2022, according to our econometric models.

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Ecuador Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
49.40 45.20 85.50 16.40 1990 - 2019 percent Yearly

Ecuador Government Last Previous Highest Lowest Unit
Government Debt to GDP 49.40 45.20 85.50 16.40 percent [+]
Government Budget -3.00 -5.90 3.27 -10.94 percent of GDP [+]
Government Budget Value -359.42 -152.66 1588.25 -1870.94 USD Million [+]
Government Spending 2470601.00 2639153.00 2844942.00 368888.00 USD THO [+]
Government Revenues 935.32 1037.89 3706.77 183.80 USD Million [+]
Fiscal Expenditure 1294.73 1190.55 3819.10 140.70 USD Million [+]
Credit Rating 18.00 [+]
Military Expenditure 2554.00 2463.00 3010.00 221.00 USD Million [+]

Ecuador Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.