The ratio of national debt to gross domestic product (GDP) in Ecuador decreased by 2.3 percentage points (-4.04 percent) in 2023 in comparison to the previous year. Nevertheless, the last two years recorded a significant higher ratio than the preceding years. Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
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IMF. (April 22, 2024). Ecuador: National debt in relation to gross domestic product (GDP) from 2013 to 2023 [Graph]. In Statista. Retrieved September 21, 2024, from https://www.statista.com/statistics/451286/national-debt-of-ecuador-in-relation-to-gross-domestic-product-gdp/
IMF. "Ecuador: National debt in relation to gross domestic product (GDP) from 2013 to 2023." Chart. April 22, 2024. Statista. Accessed September 21, 2024. https://www.statista.com/statistics/451286/national-debt-of-ecuador-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Ecuador: National debt in relation to gross domestic product (GDP) from 2013 to 2023. Statista. Statista Inc.. Accessed: September 21, 2024. https://www.statista.com/statistics/451286/national-debt-of-ecuador-in-relation-to-gross-domestic-product-gdp/
IMF. "Ecuador: National Debt in Relation to Gross Domestic Product (Gdp) from 2013 to 2023." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/451286/national-debt-of-ecuador-in-relation-to-gross-domestic-product-gdp/
IMF, Ecuador: National debt in relation to gross domestic product (GDP) from 2013 to 2023 Statista, https://www.statista.com/statistics/451286/national-debt-of-ecuador-in-relation-to-gross-domestic-product-gdp/ (last visited September 21, 2024)
Ecuador: National debt in relation to gross domestic product (GDP) from 2013 to 2023 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/451286/national-debt-of-ecuador-in-relation-to-gross-domestic-product-gdp/