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Public Debt (As % of GDP) fell 2.93% to 54.5% in Ecuador in 2024

Public Debt (As % of GDP) (%), 2024
Economy | Ecuador | January 12, 2025
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Public debt as a share of GDP fell 2.93% to 54.5% in Ecuador in 2024, according to the National Statistical Office.

Historically, public debt as a share of GDP in Ecuador reached an all time high of 62.2% in 2021 and an all time low of 18.1% in 2010. When compared to Ecuador's main peers, public debt as a share of GDP in Brazil amounted to 90.6%, 59.2% in Colombia, 53.9% in Panama and 35.7% in Peru in 2024.

Ecuador has been ranked 86th within the group of 166 countries we follow in terms of public debt as a share of GDP, 36 places above the position seen 10 years ago.

Public Debt (As % of GDP) Unit 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Bolivia % 80.5% 82.6% 85.1% 87.0% 88.6%
Brazil % 93.0% 88.2% 88.9% 90.6% 92.2%
Chile % 36.3% 36.2% 36.9% 37.8% 38.4%
Colombia % 64.6% 61.1% 60.0% 59.2% 58.6%
Costa Rica % 68.2% 67.6% 66.5% 66.0% 64.9%
Ecuador % 62.2% 58.9% 56.2% 54.5% 51.4%
Honduras % 50.2% 52.4% 53.9% 53.7% 51.1% ... ...
Nicaragua % 49.4% 47.0% 45.9% 46.0% 45.3%
Panama % 58.4% 55.6% 55.1% 53.9% 52.8%
Peru % 36.4% 34.8% 35.7% 35.7% 35.7%
Venezuela % 241% ... ... ... ... ... ...