Outstanding Total International Debt Securities to GDP for Ecuador

DDDM07ECA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20.58

Year-over-Year Change

99.46%

Date Range

1/1/1980 - 1/1/2020

Summary

This economic trend measures Ecuador's outstanding total international debt securities as a percentage of its GDP. It is a key indicator of the country's external debt burden and financial stability.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

Outstanding total international debt securities represent debt instruments issued by Ecuadorian entities in international markets. This metric provides insight into Ecuador's access to global capital and its ability to service its foreign obligations.

Methodology

The data is compiled by the World Bank from official sources and reported as a percentage of GDP.

Historical Context

Economists and policymakers use this trend to assess Ecuador's external financing conditions and fiscal sustainability.

Key Facts

  • Ecuador's outstanding international debt reached 23.7% of GDP in 2020.
  • Debt service costs accounted for 3.4% of Ecuador's government revenue in 2021.
  • Ecuador defaulted on its foreign debt in 2008 and 2020.

FAQs

Q: What does this economic trend measure?

A: This trend measures Ecuador's outstanding total international debt securities as a percentage of its gross domestic product (GDP). It provides insight into the country's external debt burden.

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for evaluating Ecuador's financial stability, access to global capital markets, and ability to service its foreign obligations.

Q: How is this data collected or calculated?

A: The data is compiled by the World Bank from official sources and reported as a percentage of Ecuador's GDP.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this trend to assess Ecuador's external financing conditions and fiscal sustainability, which informs policy decisions.

Q: Are there update delays or limitations?

A: The data is subject to the reporting timelines of the World Bank and may not reflect the most recent developments in Ecuador's international debt situation.

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Citation

U.S. Federal Reserve, Outstanding Total International Debt Securities to GDP for Ecuador (DDDM07ECA156NWDB), retrieved from FRED.