Ecuador Government Debt To GDP

Ecuador recorded a Government Debt to GDP of 18.20 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Ecuador is reported by the IMF. From 2001 until 2012, Ecuador Government Debt To GDP averaged 32.3 Percent reaching an all time high of 65.7 Percent in December of 2001 and a record low of 15.7 Percent in December of 2009. 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. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
18.20 17.98 65.72 15.67 18.49 | 2013/12 2001 - 2012 Percent Yearly

TO

Ecuador Government Debt To GDP
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Government Last Previous Highest Lowest Forecast Unit
Government Budget Value -1707.54 2013-12-15 -869.53 987.80 -1737.30 -902.99 2014-01-31 USD Million [+]
Government Debt To GDP 18.20 2012-12-31 17.98 65.72 15.67 18.49 2013-12-31 Percent [+]
Government Spending 2101421.00 2013-08-15 2079741.00 2101421.00 368888.00 2133226.99 2013-12-31 USD THO [+]
Government Budget -3.00 2012-12-31 -1.02 3.27 -10.94 -3.11 2013-12-31 Percent of GDP [+]
Credit Rating 25.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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Consumer Price Index (CPI) in Ecuador increased to 147.69 Index Points in March of 2014 from 146.67 Index Points in February of 2014. Consumer Price Index (CPI) in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador GDP Constant Prices at 16862885.00 USD THO  
GDP Constant Prices in Ecuador increased to 16862885 USD THO in the third quarter of 2013 from 16593067 USD THO in the second quarter of 2013. GDP Constant Prices in Ecuador is reported by the Banco Central Del Ecuador.
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Ecuador recorded a government budget deficit of 1707.54 USD Million in December of 2013. Government Budget Value in Ecuador is reported by the Banco Central Del Ecuador.
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