General Government Gross Debt for Ecuador
ECUGGXWDGGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.04
Year-over-Year Change
184.57%
Date Range
1/1/2001 - 1/1/2024
Summary
The General Government Gross Debt for Ecuador measures the total debt obligations of the Ecuadorian government, including both central and local government entities. This metric is closely watched by economists and policymakers as an indicator of a country's fiscal health and creditworthiness.
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
The General Government Gross Debt for Ecuador tracks the total outstanding debt liabilities of the country's public sector. It includes debt held by the central government, local governments, and government-owned enterprises. This statistic is a key measure of a nation's fiscal sustainability and is widely used in economic analysis and policy discussions.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on reports from the Ecuadorian government.
Historical Context
Policymakers and investors monitor Ecuador's government debt levels to assess the country's fiscal risks and creditworthiness.
Key Facts
- Ecuador's government debt reached 58.6% of GDP in 2021.
- Government debt has increased significantly since the late 2000s.
- High debt levels are a key concern for Ecuador's economic stability.
FAQs
Q: What does this economic trend measure?
A: The General Government Gross Debt for Ecuador measures the total outstanding debt obligations of the Ecuadorian public sector, including central and local governments.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Ecuador's fiscal health and creditworthiness, which is closely watched by policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on reports from the Ecuadorian government.
Q: How is this trend used in economic policy?
A: Policymakers and investors monitor Ecuador's government debt levels to assess the country's fiscal risks and creditworthiness, which informs economic decisions and policies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the IMF, but there may be some delays in reporting from the Ecuadorian government.
Related Trends
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DDDI06ECA156NWDB
Use of Financial Services: Number of Depositors at Credit Unions and Financial Cooperatives for Ecuador
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Number of Identified Exporters to Ecuador from Ohio
OHECUA475SCEN
Number of Identified Exporters to Ecuador from Massachusetts
MAECUA475SCEN
Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Ecuador
ECUFCIODUNUM
Non-Life Insurance Premium Volume to GDP for Ecuador
DDDI10ECA156NWDB
Citation
U.S. Federal Reserve, General Government Gross Debt for Ecuador (ECUGGXWDGGDP), retrieved from FRED.