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. 2014-04-24

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
LIST BY COUNTRY

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 2168555.00 2013-11-15 2132706.00 2168555.00 368888.00 2133226.99 2013-12-31 USD THO [+]
Government Budget -4.00 2013-12-31 -3.00 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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Ecuador Government Budget at -4.00 Percent of GDP  
Ecuador recorded a Government Budget deficit equal to 4 percent of the country's Gross Domestic Product in 2013. Government Budget in Ecuador is reported by the Ministry of Finance, Ecuador.
Ecuador Balance of Trade at 177965.00 USD Thousand  
Ecuador recorded a trade surplus of 177965 USD Thousand in February of 2014. Balance of Trade in Ecuador is reported by the Banco Central del Ecuador.
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Capital Flows in Ecuador increased to 693.07 USD Million in the third quarter of 2013 from 137.09 USD Million in the second quarter of 2013. Capital Flows in Ecuador is reported by the Banco Central Del Ecuador.
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Ecuador recorded a Current Account deficit of 157.73 USD Million in the third quarter of 2013. Current Account in Ecuador is reported by the Banco Central del Ecuador.
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Crude Oil Production in Ecuador increased to 548 Thousands Barrels per Day in December of 2013 from 545 Thousands Barrels per Day in November of 2013. Crude Oil Production in Ecuador is reported by the U.S. Energy Information Administration.
Ecuador Consumer Spending at 10865398.00 USD THO  
Consumer Spending in Ecuador increased to 10865398 USD THO in the fourth quarter of 2013 from 10707195 USD THO in the third quarter of 2013. Consumer Spending in Ecuador is reported by the Banco Central Del Ecuador.
Ecuador Consumer Price Index (CPI) at 147.69 Index Points  
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 17078240.00 USD THO  
GDP Constant Prices in Ecuador increased to 17078240 USD THO in the fourth quarter of 2013 from 16883179 USD THO in the third quarter of 2013. GDP Constant Prices in Ecuador is reported by the Banco Central Del Ecuador.
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