Ecuador's external debt stocks, short-term (DOD, current US$) was US$626.22 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 38.06% from US$1.01 billion in 2014 (4.68% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$626.22 million | 2024 |
| Five years earlier | US$932.67 million | 2019 |
| Ten years earlier | US$1.01 billion | 2014 |
| Highest | US$4.1 billion | 1994 |
| Lowest | US$106 million | 1970 |
| Average since 2015 | US$1.2 billion | 2015–2024 |
| First recorded | US$106 million |
What the numbers say
In 2024, Ecuador's external debt stocks, short-term (DOD, current US$) fell 69.8% on 2023 (from US$2.08 billion to US$626.22 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +2.8% and a typical year strayed about 30.4% from that (the standard deviation). This year's change was 2.4 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 256.7% in 1977 and the biggest yearly fall was 69.8% in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 14% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Ecuador had the 66th highest value of the 118 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Ecuador | US$626.22 million | 2024 |
| Upper middle income | US$1.99 trillion | 2024 |
Closest to Ecuador in the 2024 ranking
- Iraq — 63rd of 118: US$726.17 million
- Congo, Rep. — 64th of 118: US$656.78 million
- Bolivia — 65th of 118: US$635.36 million
- Syrian Arab Republic — 67th of 118: US$616.05 million
- Uganda — 68th of 118: US$519.03 million
- Djibouti — 69th of 118: US$518.11 million
What this measures
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | External debt stocks, short-term (DOD, current US$) |
|---|---|
| 2024 | 626,221,000 |
| 2023 | 2,075,748,000 |
| 2022 | 1,923,279,000 |
| 2021 | 1,253,089,133 |
| 2020 | 1,128,463,227 |
| 2019 | 932,668,123 |
| 2018 | 1,077,204,322 |
| 2017 | 1,094,464,787 |
| 2016 | 873,318,275 |
| 2015 | 1,061,800,747 |
External debt stocks, short-term (DOD, current US$) in nearby economies
- Argentina — US$48.58 billion (2024)
- Belize — US$13.15 million (2024)
- Bolivia — US$635.36 million (2024)
- Brazil — US$84.28 billion (2024)
- Colombia — US$19.05 billion (2024)
- Dominica — US$173.67 million (2024)
- Dominican Republic — US$4.15 billion (2024)
- El Salvador — US$2.65 billion (2024)
- Grenada — US$15.67 million (2024)
- Guatemala
More economic policy & debt data for Ecuador
- Total reserves, including gold (current US$) — US$9.8 billion (2025)
- Total reserves, excluding gold (current US$) — US$6.11 billion (2025)
- General government final consumption expenditure (current US$) — US$16.71 billion (2025)
- General government final consumption expenditure (current LCU) — 16.71 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$15.17 billion (2025)
- General government final consumption expenditure (constant LCU) — 16.24 billion (2025)
- General government final consumption expenditure (% of GDP) — 12.82% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$81.74 billion (2025)
Reading data like this
Questions people ask
- What is Ecuador's external debt stocks, short-term (DOD, current US$)?
- US$626.22 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 490.77% from US$106 million in 1970 (3.34% a year on average, compounded). The highest value was US$4.1 billion in 1994 and the lowest US$106 million in 1970.
- How does Ecuador rank?
- 66th highest of 118 economies with data for 2024.
- Is the latest change in external debt stocks, short-term (DOD, current US$) unusual for Ecuador?
- In 2024, Ecuador's external debt stocks, short-term (DOD, current US$) fell 69.8% on 2023 (from US$2.08 billion to US$626.22 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +2.8% and a typical year strayed about 30.4% from that (the standard deviation). This year's change was 2.4 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator DT.DOD.DSTC.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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