The domestic credit provided by the financial sector as share of gross domestic product in Ecuador increased by 4.8 percentage points (+8.39 percent) compared to the previous year. With 61.98 percent, the share thereby reached its highest value in the observed period. Notably, the share continuously increased over the last years. Domestic credit provided by the financial sector refers to financial resources provided to various sectors by depository corporations except central banks. These financial resources include loans, purchases of nonequity securities, trade credits and other accounts receivable that establish a claim for repayment.
Domestic credit provided by the financial sector as share of gross domestic product (GDP) in Ecuador from 2014 to 2023
The source describes domestic credit provided by the financial sector as follows: 'Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net.'
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World Bank. (October 24, 2024). Domestic credit provided by the financial sector as share of gross domestic product (GDP) in Ecuador from 2014 to 2023 [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1170176/ecuador-domestic-financial-credit-share-gdp/
World Bank. "Domestic credit provided by the financial sector as share of gross domestic product (GDP) in Ecuador from 2014 to 2023." Chart. October 24, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1170176/ecuador-domestic-financial-credit-share-gdp/
World Bank. (2024). Domestic credit provided by the financial sector as share of gross domestic product (GDP) in Ecuador from 2014 to 2023. Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1170176/ecuador-domestic-financial-credit-share-gdp/
World Bank. "Domestic Credit Provided by The Financial Sector as Share of Gross Domestic Product (Gdp) in Ecuador from 2014 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/1170176/ecuador-domestic-financial-credit-share-gdp/
World Bank, Domestic credit provided by the financial sector as share of gross domestic product (GDP) in Ecuador from 2014 to 2023 Statista, https://www.statista.com/statistics/1170176/ecuador-domestic-financial-credit-share-gdp/ (last visited December 04, 2024)
Domestic credit provided by the financial sector as share of gross domestic product (GDP) in Ecuador from 2014 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1170176/ecuador-domestic-financial-credit-share-gdp/
