Ecuador's net financial flows, RDB nonconcessional (NFL, current US$) was US$964.2 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 164.01% from US$365.21 million in 2014 (10.2% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$964.2 million | 2024 |
| Five years earlier | US$493.5 million | 2019 |
| Ten years earlier | US$365.21 million | 2014 |
| Highest | US$1.19 billion | 2015 |
| Lowest | −US$90.48 million | 2004 |
| Average since 2015 | US$619.78 million | 2015–2024 |
| First recorded | US$489,000 |
What the numbers say
In 2024, Ecuador's net financial flows, RDB nonconcessional (NFL, current US$) rose US$590.51 million on 2023 (from US$373.69 million to US$964.2 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +US$11.97 million and a typical year strayed about US$286.93 million from that (the standard deviation). This year's change was 2.0 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$827.04 million in 2015 and the biggest yearly fall was US$733.08 million in 2016. 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 1% 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 3rd highest value of the 77 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$964.2 million | 2024 |
| Upper middle income | US$1.69 billion | 2024 |
Closest to Ecuador in the 2024 ranking
- Argentina — 1st of 77: US$1.07 billion
- India — 2nd of 77: US$1.06 billion
- Indonesia — 4th of 77: US$914.72 million
- Bangladesh — 5th of 77: US$873.23 million
- Pakistan — 6th of 77: US$805.17 million
What this measures
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. Nonconcessional financial flows cover all disbursements except those made through concessional lending facilities. Regional development banks are the African Development Bank, in Tunis, Tunisia, which serves all of Africa, including North Africa; the Asian Development Bank, in Manila, Philippines, which serves South and Central Asia and East Asia and Pacific; the European Bank for Reconstruction and Development, in London, United Kingdom, which serves Europe and Central Asia; and the Inter-American Development Bank, in Washington, D.C., which serves the Americas. Aggregates include amounts for economies not specified elsewhere. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | Net financial flows, RDB nonconcessional (NFL, current US$) |
|---|---|
| 2024 | 964,196,000 |
| 2023 | 373,686,000 |
| 2022 | 523,185,000 |
| 2021 | 1,180,046,000 |
| 2020 | 527,029,000 |
| 2019 | 493,497,000 |
| 2018 | 285,355,000 |
| 2017 | 199,412,000 |
| 2016 | 459,170,000 |
| 2015 | 1,192,252,000 |
Net financial flows, RDB nonconcessional (NFL, current US$) in nearby economies
- Argentina — US$1.07 billion (2024)
- Belize — US$10.42 million (2024)
- Bolivia — −US$9.09 million (2024)
- Brazil — −US$263.54 million (2024)
- Colombia — −US$394.09 million (2024)
- Dominican Republic — US$19.23 million (2024)
- El Salvador — US$43.21 million (2024)
- Guatemala — −US$80.37 million (2024)
- Guyana — US$28.32 million (2024)
More economic policy & debt data for Ecuador
- Total reserves, including gold (current US$) — 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$81.74 billion (2025)
Reading data like this
Questions people ask
- What is Ecuador's net financial flows, RDB nonconcessional (NFL, current US$)?
- US$964.2 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 197,077% from US$489,000 in 1970 (15.08% a year on average, compounded). The highest value was US$1.19 billion in 2015 and the lowest −US$90.48 million in 2004.
- How does Ecuador rank?
- 3rd highest of 77 economies with data for 2024.
- Is the latest change in net financial flows, RDB nonconcessional (NFL, current US$) unusual for Ecuador?
- In 2024, Ecuador's net financial flows, RDB nonconcessional (NFL, current US$) rose US$590.51 million on 2023 (from US$373.69 million to US$964.2 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +US$11.97 million and a typical year strayed about US$286.93 million from that (the standard deviation). This year's change was 2.0 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator DT.NFL.RDBN.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in