Ecuador: Financial development

* indicates monthly or quarterly data series
 Ecuador

Financial development

 Latest value 0.170
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.150
 Min - Max 0.099 - 0.234
 Source International Monetary Fund
The latest value from 2021 is 0.17 index points, an increase from 0.168 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Ecuador from 1980 to 2021 is 0.15 index points. The minimum value, 0.099 index points, was reached in 2004 while the maximum of 0.234 index points was recorded in 1984. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Ecuador - Financial development - Recent values chart

Historical series
Ecuador - Financial development - historical chart - 1980-2021




Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Financial development 0.170 2021 index points
 Financial institutions development 0.308 2021 index points
 Financial institutions development, depth 0.157 2021 index points
 Financial institutions development, access 0.280 2021 index points
 Financial institutions development, efficiency 0.444 2021 index points
 Financial markets development 0.025 2021 index points
 Financial markets development, depth 0.035 2021 index points
 Financial markets development, access 0.006 2021 index points
 Financial markets development, efficiency 0.030 2021 index points
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