Total Credit — Value Standard Local Currency in Ecuador

Ecuador: Total Credit — Value Standard Local Currency was 1,928 million SLC in 2022. ▲ Rising

Latest (2022)
1,928 million SLC
Change on year
down 16.6%
World rank
167th
of 174 countries
All-time high
2,313 million SLC
in 2021
All-time low
287.02 million SLC
in 2008
Years of data
12
2008–2022

Total Credit — Value Standard Local Currency in Ecuador, 2008–2022

5001.0k1.5k2.0k2.5k2008201520222008: 287 million SLC2009: 438.5 million SLC2010: 677.3 million SLC2011: 678.1 million SLC2012: 1.2k million SLC2013: 1.6k million SLC2014: 1.5k million SLC2018: 1.7k million SLC2019: 1.9k million SLC2020: 2.0k million SLC2021: 2.3k million SLC2022: 1.9k million SLC

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 167th of 174 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest 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

  1. 164 Grenada 2,399 million SLC compare
  2. 165 Samoa 2,398 million SLC compare
  3. 166 Namibia 2,148 million SLC compare
  4. 168 Sao Tome and Principe 1,444 million SLC compare
  5. 169 Saint Vincent and the Grenadines 1,442 million SLC compare
  6. 170 Dominica 1,170 million SLC compare

See the full ranking of 177 places →

More agriculture & rural data for Ecuador

All data for Ecuador →

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 167th out of 174 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

Indicator
Total Credit — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
177 places, 4,557 data points, 1991–2024
Last refreshed

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.