Deposit Interest Rates Statistics in Ecuador (2026)
In 2024, the average deposit interest rate in Ecuador stood at 7.1%, according to World Bank World Development Indicators data. Up from 5.9% in 2023 to 7.1% in 2024 (+1.2 percentage points). Ecuador ranks #8 of 30 economies in Latin America & Caribbean on this measure, and #27 of 113 globally.
Key Statistics
- Latest value (2024)
- 7.1% (2024)
- Deposit Interest Rates in Ecuador as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +1.2 pp (2024)
- Up from 5.9% in 2023 to 7.1% in 2024 (+1.2 percentage points).
- Earliest value in this dataset (2007)
- 4.8% (2007)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 4.8% in 2007 to 7.1% in 2024.
- Record high (2024)
- 7.1% (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Ecuador.
- Rank in Latin America & Caribbean
- #8 of 30 (2024)
- Ecuador ranks 8 of 30 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #27 of 113 (2024)
- Ecuador ranks 27 of 113 countries with data globally.
- Latin America & Caribbean average
- 5.8% (2024)
- Ecuador (7.1%) is above the average of 5.8% across the 30 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, 2007–2024
| Year | % | Change |
|---|---|---|
| 2024 | 7.1% | +1.2 pp |
| 2023 | 5.9% | +1.7 pp |
| 2022 | 4.2% | −0.0 pp |
| 2021 | 4.2% | −0.6 pp |
| 2020 | 4.8% | +0.3 pp |
| 2019 | 4.4% | +0.8 pp |
| 2018 | 3.6% | +0.1 pp |
| 2017 | 3.5% | −1.3 pp |
| 2016 | 4.8% | +0.4 pp |
| 2015 | 4.4% | +0.3 pp |
| 2014 | 4% | +0.1 pp |
| 2013 | 3.9% | +0.0 pp |
| 2012 | 3.9% | +0.0 pp |
| 2011 | 3.8% | −0.1 pp |
| 2010 | 3.9% | −0.9 pp |
| 2009 | 4.8% | −0.1 pp |
| 2008 | 4.9% | +0.0 pp |
| 2007 | 4.8% | — |
Frequently asked questions
What is the latest figure for average deposit interest rate in Ecuador?
The average deposit interest rate in Ecuador stood at 7.1% in 2024, according to World Bank World Development Indicators data.
Where does Ecuador rank globally on deposit interest rates?
Ecuador ranks 27 of 113 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
How recent is the deposit interest rates data for Ecuador?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Ecuador.
Where does the deposit interest rates data for Ecuador come from?
The data comes from the World Bank World Development Indicators (indicator FR.INR.DPST). The latest observation for Ecuador is from 2024; the snapshot was retrieved on 2026-06-10.
How has deposit interest rates in Ecuador changed over time?
World Bank World Development Indicators data show a rise from 4.8% in 2007 to 7.1% in 2024.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.DPST, 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 .