Bank Borrowers Statistics in Ecuador (2026)
Ecuador recorded commercial bank borrowers of 143.9 per 1,000 adults in 2023, World Bank World Development Indicators data show. Up from 143.1 per 1,000 adults in 2022 to 143.9 per 1,000 adults in 2023. Ecuador ranks #13 of 16 economies in Latin America & Caribbean on this measure, and #62 of 101 globally.
Key Statistics
- Latest value (2023)
- 143.9 per 1,000 adults (2023)
- Bank Borrowers in Ecuador as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- +0.6% (2023)
- Up from 143.1 per 1,000 adults in 2022 to 143.9 per 1,000 adults in 2023.
- CAGR 2004–2023
- −3.7% per year (2023)
- Compound annual growth rate from 294.5 per 1,000 adults in 2004 to 143.9 per 1,000 adults in 2023.
- Earliest value in this dataset (2004)
- 294.5 per 1,000 adults (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 294.5 per 1,000 adults in 2004 to 143.9 per 1,000 adults in 2023.
- Peak value (2005)
- 392.3 per 1,000 adults (2005)
- Highest value in the available series; the 2023 value is 143.9 per 1,000 adults.
- Rank in Latin America & Caribbean
- #13 of 16 (2023)
- Ecuador ranks 13 of 16 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #62 of 101 (2023)
- Ecuador ranks 62 of 101 countries with data globally.
- Latin America & Caribbean average
- 269.2 per 1,000 adults (2023)
- Ecuador (143.9 per 1,000 adults) is below the average of 269.2 per 1,000 adults across the 16 countries in Latin America & Caribbean with data.
- Projected 2026 value
- 120.9 per 1,000 adults (2026)
- Projection based on 7-year trend (CAGR -5.6%); not an official figure.
- Number of borrowers from commercial banks per 1,000 adults (2024)
- 147.6 per 1,000 adults (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Ecuador (2024)
- 77.2% (2024)
- 77.2% of the population in Ecuador used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 18.1 million (2024)
- Ecuador had a population of 18.1 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2023
| Year | per 1,000 adults | Change |
|---|---|---|
| 2023 | 144 | +0.6% |
| 2022 | 143 | +6.3% |
| 2021 | 135 | +12.6% |
| 2020 | 119 | −9.3% |
| 2019 | 132 | −35.6% |
| 2018 | 205 | −1.4% |
| 2017 | 208 | −4.0% |
| 2016 | 216 | −2.3% |
| 2015 | 221 | −2.4% |
| 2014 | 227 | +6.4% |
| 2013 | 213 | −10.0% |
| 2012 | 236 | −19.2% |
| 2011 | 293 | +14.4% |
| 2010 | 256 | −5.8% |
| 2009 | 272 | +7.1% |
| 2008 | 254 | +11.5% |
| 2007 | 227 | +0.7% |
| 2006 | 226 | −42.4% |
| 2005 | 392 | +33.2% |
| 2004 | 294 | — |
Frequently asked questions
What is the latest figure for commercial bank borrowers in Ecuador?
Commercial bank borrowers in Ecuador stood at 143.9 per 1,000 adults in 2023, according to World Bank World Development Indicators data.
When did bank borrowers in Ecuador peak?
The highest value in the available series was 392.3 per 1,000 adults in 2005; the latest (2023) value is 143.9 per 1,000 adults.
How recent is the bank borrowers data for Ecuador?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Ecuador.
Where does the bank borrowers data for Ecuador come from?
The data comes from the World Bank World Development Indicators (indicator FB.CBK.BRWR.P3). The latest observation for Ecuador is from 2023; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.CBK.BRWR.P3, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .