Foreign exchange reserves excluding gold reached 1.68 USD bil in 2017 in Ecuador, according to the National Statistical Office. This is 55.6 % less than in the previous year.
Historically, foreign exchange reserves excluding gold in Ecuador reached an all time high of 3.78 USD bil in 2016 and an all time low of 0.019 USD bil in 1961. When compared to Ecuador's main peers, foreign exchange reserves excluding gold in Brazil amounted to 371 USD bil, 46.7 USD bil in Colombia, 2.70 USD bil in Panama and 62.4 USD bil in Peru in 2017.
Ecuador has been ranked 113th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 20 places behind the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.