Ecuador—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #21 of 117Updated April 2026
Latest Value
37.8%
2024
YoY Change
+6.3%
2017 → 2024
Global Rank
#21
of 117 countries
Maximum
37.8%
2024
Minimum
17.0%
2010
CAGR
+2.6%
4 years
Last
37.8%
Previous
35.6%
Highest
37.8%
Lowest
17.0%
Source
World Bank World Development Indicators
Ecuador's firms using banks to finance investment (%) was 37.8% in 2024, ranking #21 out of 117 countries. This represents a +6.3% change from 2017. Over the past 4 years, the highest recorded value was 37.8% (2024) and the lowest was 17.0% (2010). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 37.8% | +6.3% |
| 2017 | 35.6% | +109.0% |
| 2010 | 17.0% | -28.9% |
| 2006 | 24.0% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.