Credit Card Usage Statistics in Ecuador (2026)
In 2024, 9.6% of adults in Ecuador used a credit card, according to World Bank Global Findex data. Down from 9.9% in 2021 to 9.6% in 2024 (−0.3 percentage points). Ecuador ranks #11 of 20 economies in Latin America & Caribbean on this measure, and #62 of 142 globally.
Key Statistics
- Latest value (2024)
- 9.6% (2024)
- Credit Card Usage in Ecuador as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- −0.3 pp (2024)
- Down from 9.9% in 2021 to 9.6% in 2024 (−0.3 percentage points).
- Earliest value in this dataset (2014)
- 4.9% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 4.9% in 2014 to 9.6% in 2024.
- Peak value (2021)
- 9.9% (2021)
- Highest value in the available series; the 2024 value is 9.6%.
- Rank in Latin America & Caribbean
- #11 of 20 (2024)
- Ecuador ranks 11 of 20 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #62 of 142 (2024)
- Ecuador ranks 62 of 142 countries with data globally.
- Latin America & Caribbean average
- 12.4% (2024)
- Ecuador (9.6%) is below the average of 12.4% across the 20 countries in Latin America & Caribbean with data.
- Owns a credit card (% age 15+) (2024)
- 14.4% (2024)
- Related indicator from World Bank Global Findex.
- 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, 2014–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 9.6% | −0.3 pp |
| 2021 | 9.9% | +2.6 pp |
| 2017 | 7.4% | +2.5 pp |
| 2014 | 4.9% | — |
Frequently asked questions
What share of adults in Ecuador used a credit card?
9.6% of adults in Ecuador used a credit card in 2024, according to World Bank Global Findex data.
How does Ecuador compare with other countries in Latin America & Caribbean?
Ecuador ranks 11 of 20 countries in Latin America & Caribbean with data, with 9.6% versus a regional average of 12.4% (latest values per country).
Where does Ecuador rank globally on credit card usage?
Ecuador ranks 62 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
When did credit card usage in Ecuador peak?
The highest value in the available series was 9.9% in 2021; the latest (2024) value is 9.6%.
How recent is the credit card usage data for Ecuador?
The most recent observation is from 2024. World Bank Global Findex data is reported with a lag, so 2024 is the latest available year for Ecuador.
Source & methodology
Source: World Bank Global Findex, indicator
fin22g, 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 .