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% | ... | ... | ... | ... | ... | ... |