Bank Deposits Statistics in Ecuador (2026)
As of 2024, outstanding bank deposits in Ecuador was 43.5% of GDP, per IMF Financial Access Survey data. Up from 38% of GDP in 2023 to 43.5% of GDP in 2024 (+5.4 percentage points). Ecuador ranks #22 of 32 economies in Latin America & Caribbean on this measure, and #108 of 172 globally.
Key Statistics
- Latest value (2024)
- 43.5% of GDP (2024)
- Bank Deposits in Ecuador as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- +5.4 pp (2024)
- Up from 38% of GDP in 2023 to 43.5% of GDP in 2024 (+5.4 percentage points).
- Earliest value in this dataset (2004)
- 17.6% of GDP (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 17.6% of GDP in 2004 to 43.5% of GDP in 2024.
- Record high (2024)
- 43.5% of GDP (2024)
- The 2024 value is the highest in the available IMF Financial Access Survey series for Ecuador.
- Rank in Latin America & Caribbean
- #22 of 32 (2024)
- Ecuador ranks 22 of 32 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #108 of 172 (2024)
- Ecuador ranks 108 of 172 countries with data globally.
- Latin America & Caribbean average
- 55.7% of GDP (2024)
- Ecuador (43.5% of GDP) is below the average of 55.7% of GDP across the 32 countries in Latin America & Caribbean with data.
- 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, 2004–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 43.5% | +5.4 pp |
| 2023 | 38% | +0.6 pp |
| 2022 | 37.5% | −0.4 pp |
| 2021 | 37.9% | −0.7 pp |
| 2020 | 38.5% | +7.3 pp |
| 2019 | 31.2% | +2.9 pp |
| 2018 | 28.4% | −0.3 pp |
| 2017 | 28.7% | −0.0 pp |
| 2016 | 28.7% | +4.3 pp |
| 2015 | 24.4% | −1.7 pp |
| 2014 | 26.1% | +1.3 pp |
| 2013 | 24.8% | +0.9 pp |
| 2012 | 23.9% | +1.2 pp |
| 2011 | 22.7% | +0.3 pp |
| 2010 | 22.4% | +0.2 pp |
| 2009 | 22.2% | +1.8 pp |
| 2008 | 20.4% | +0.4 pp |
| 2007 | 20% | +1.6 pp |
| 2006 | 18.4% | +1.2 pp |
| 2005 | 17.2% | −0.3 pp |
| 2004 | 17.6% | — |
Frequently asked questions
What is the latest figure for outstanding bank deposits in Ecuador?
Outstanding bank deposits in Ecuador stood at 43.5% of GDP in 2024, according to IMF Financial Access Survey data.
How has bank deposits in Ecuador changed over time?
IMF Financial Access Survey data show a rise from 17.6% of GDP in 2004 to 43.5% of GDP in 2024.
How does Ecuador compare with other countries in Latin America & Caribbean?
Ecuador ranks 22 of 32 countries in Latin America & Caribbean with data, with 43.5% of GDP versus a regional average of 55.7% of GDP (latest values per country).
Where does Ecuador rank globally on bank deposits?
Ecuador ranks 108 of 172 countries with data globally, based on the latest IMF Financial Access Survey value for each country.
Source & methodology
Source: IMF Financial Access Survey, indicator
OUTD_COMBANK.POGDP, 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 .