Services, Debit/Expenditure in Ecuador
Ecuador: Services, Debit/Expenditure was 6.18 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Ecuador, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services, debit/expenditure in Ecuador is 6.18 billion, measured in 2024. That is the highest value across all 20 years on record.
That represents a change of up 0.5% on the previous year and up 75.3% over ten years.
Over the whole period, services, debit/expenditure in Ecuador peaked at 6.18 billion in 2024 and was at its lowest, 2.15 billion, in 2005.
Ecuador ranks 85th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.15 billion | — |
| 2006 | 2.35 billion | +9.3% |
| 2007 | 2.58 billion | +9.8% |
| 2008 | 3.02 billion | +17.1% |
| 2009 | 2.62 billion | -13.1% |
| 2010 | 3.00 billion | +14.3% |
| 2011 | 3.16 billion | +5.2% |
| 2012 | 3.20 billion | +1.5% |
| 2013 | 3.47 billion | +8.2% |
| 2014 | 3.52 billion | +1.6% |
| 2015 | 3.20 billion | -9.1% |
| 2016 | 3.87 billion | +21.0% |
| 2017 | 3.90 billion | +0.8% |
| 2018 | 4.32 billion | +10.6% |
| 2019 | 4.53 billion | +4.8% |
| 2020 | 3.17 billion | -30.0% |
| 2021 | 4.50 billion | +41.9% |
| 2022 | 6.16 billion | +36.9% |
| 2023 | 6.14 billion | -0.2% |
| 2024 | 6.18 billion | +0.5% |
Ecuador compared with similar countries
- Ecuador's 6.18 billion is above the median for upper middle income countries, which is 4.11 billion, 1.5× the median. (54 countries reporting)
- Ecuador's 6.18 billion is above the median for Latin America & Caribbean, which is 2.54 billion, 2.4× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.54 billion | 2.15 billion | 3.02 billion | 5 |
| 2010s | 3.62 billion | 3.00 billion | 4.53 billion | 10 |
| 2020s | 5.23 billion | 3.17 billion | 6.18 billion | 5 |
Countries ranked near Ecuador
More trade data for Ecuador
- Commodity Net Export Price Index, Individual Commodities Weighted by 89.08 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 97.5 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 96.62 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 83.49 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.1 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 75.18 (2025)
- Imports of low carbon technology products, Percent of GDP 0.914 (2024)
- Imports of low carbon technology products, US dollar (World), per 62.84 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0092 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 142.54 million (2024)
Frequently asked questions
- What is services, debit/expenditure in Ecuador?
- Services, debit/expenditure in Ecuador was 6.18 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Ecuador?
- The highest recorded value was 6.18 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Ecuador?
- The lowest recorded value was 2.15 billion in 2005.
- How does Ecuador rank for services, debit/expenditure?
- Ecuador ranks 85th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Ecuador?
- Over the last ten years it is up 75.3%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.