Ecuador recorded a government debt equivalent to 32.50 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Ecuador averaged 41.26 percent from 1990 until 2017, reaching an all time high of 85.50 percent in 1999 and a record low of 12.20 percent in 2009.

Government Debt to GDP in Ecuador is expected to be 36.05 percent by the end of this quarter, 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 39.00 percent in 2020, according to our econometric models.

Ecuador Government Debt to GDP
Forecast Data Chart
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Ecuador Government Last Previous Highest Lowest Unit
Government Debt to GDP 32.50 27.20 85.50 12.20 percent [+]
Government Budget -5.90 -7.50 3.27 -10.94 percent of GDP [+]
Government Budget Value -294.49 -128.33 1588.25 -1870.94 USD Million [+]
Government Spending 2776920.00 2703613.00 2776920.00 368888.00 USD THO [+]
Government Revenues 1506.93 1651.85 3706.77 183.80 USD Million [+]
Fiscal Expenditure 1801.41 1780.18 3819.10 140.70 USD Million [+]
Credit Rating 28.75 [+]
Military Expenditure 2413.24 2513.20 2996.88 103.54 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. This page provides - Ecuador Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
32.50 27.20 85.50 12.20 1990 - 2017 percent Yearly

Country Last Previous
Japan 253.00 Dec/17
Italy 131.80 Dec/17
Singapore 110.60 Dec/17
United States 105.40 Dec/17
Spain 98.30 Dec/17
France 97.00 Dec/17
Canada 89.60 Dec/17
Euro Area 86.70 Dec/17
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Brazil 74.04 Dec/17
India 68.70 Dec/17
Germany 64.10 Dec/17
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China 47.60 Dec/17
Mexico 46.40 Dec/17
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Saudi Arabia 17.20 Dec/17
Russia 12.60 Dec/17