Ecuador - Domestic credit provided by banking sector

Domestic credit provided by financial sector (% of GDP)

Domestic credit provided by financial sector (% of GDP) in Ecuador was 50.54 as of 2020. Its highest value over the past 18 years was 50.54 in 2020, while its lowest value was 15.01 in 2003.

Definition: Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2002 17.08
2003 15.01
2004 15.86
2005 18.29
2006 18.09
2007 20.93
2008 20.22
2009 18.18
2010 23.00
2011 24.57
2012 27.02
2013 28.84
2014 31.02
2015 31.10
2016 35.60
2017 38.06
2018 40.47
2019 44.43
2020 50.54

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets