Total Credit — Value Standard Local Currency in Ecuador
Ecuador: Total Credit — Value Standard Local Currency was 1,928 million SLC in 2022. ▲ Rising
Total Credit — Value Standard Local Currency in Ecuador, 2008–2022
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total credit — value standard local currency in Ecuador is 1,928 million SLC, measured in 2022.
That represents a change of down 16.6% on the previous year and up 64.2% over ten years.
Over the whole period, total credit — value standard local currency in Ecuador peaked at 2,313 million SLC in 2021 and was at its lowest, 287.02 million SLC, in 2008.
Ecuador ranks 159th of 165 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Total Credit — Value Standard Local Currency in Ecuador, year by year
| Year | million SLC | Change |
|---|---|---|
| 2008 | 287.02 million SLC | — |
| 2009 | 438.53 million SLC | +52.8% |
| 2010 | 677.32 million SLC | +54.5% |
| 2011 | 678.08 million SLC | +0.1% |
| 2012 | 1,175 million SLC | +73.2% |
| 2013 | 1,575 million SLC | +34.1% |
| 2014 | 1,505 million SLC | -4.4% |
| 2018 | 1,747 million SLC | +16.1% |
| 2019 | 1,862 million SLC | +6.6% |
| 2020 | 1,972 million SLC | +5.9% |
| 2021 | 2,313 million SLC | +17.3% |
| 2022 | 1,928 million SLC | -16.6% |
Ecuador compared with similar countries
- Ecuador's 1,928 million SLC is below the median for upper middle income countries, which is 484,171 million SLC, 0% of the median. (47 countries reporting)
- Ecuador's 1,928 million SLC is below the median for Latin America & Caribbean, which is 156,387 million SLC, 1% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 362.78 million SLC | 287.02 million SLC | 438.53 million SLC | 2 |
| 2010s | 1,317 million SLC | 677.32 million SLC | 1,862 million SLC | 7 |
| 2020s | 2,071 million SLC | 1,928 million SLC | 2,313 million SLC | 3 |
Countries ranked near Ecuador
More agriculture & rural data for Ecuador
- Agriculture, forestry, and fishing, value added (current US$), annual 10.59 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.097 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 691.36 current US$ per person (2025)
- Rural population, annual growth rate 0.4287 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.3661 units per person (2025)
- Share of GDP from agriculture 9.7% (2025)
- Agriculture as a share of GDP vs. GDP per capita 9.7% (2025)
- Agricultural raw materials exports 3.9% (2024)
- Agricultural raw materials imports 0.7% (2024)
Frequently asked questions
- What is total credit — value standard local currency in Ecuador?
- Total credit — value standard local currency in Ecuador was 1,928 million SLC in 2022, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency recorded in Ecuador?
- The highest recorded value was 2,313 million SLC in 2021.
- What is the lowest total credit — value standard local currency recorded in Ecuador?
- The lowest recorded value was 287.02 million SLC in 2008.
- How does Ecuador rank for total credit — value standard local currency?
- Ecuador ranks 159th out of 165 countries with data for 2022.
- Is total credit — value standard local currency rising or falling in Ecuador?
- Over the last ten years it is up 64.2%. The long-run trend across the full record is rising.
- Where does this Ecuador data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.