Ecuador M2 Growth

2007 - 2025 | Monthly | % | CEIC Data

Key information about Ecuador M2 Growth

  • Ecuador Money Supply M2 increased 13.9 % YoY in Nov 2025, compared with a growth of 13.5 % in the previous month
  • Ecuador Money Supply M2 growth data is updated monthly, available from Dec 2007 to Nov 2025
  • The data reached an all-time high of 25.4 % in Jul 2008 and a record low of -1.1 % in Dec 2015

CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of Ecuador provides M2 in USD.


Further information about Ecuador M2 Growth

  • In the latest reports, Ecuador Foreign Exchange Reserves was measured at 6.1 USD bn in Dec 2025
  • The Foreign Exchange Reserves equaled 2.2 Months of Import in Nov 2025
  • Ecuador Domestic Credit reached 82.1 USD bn in Nov 2025, representing an increased of 11.0 % YoY
  • The country's Non Performing Loans Ratio stood at 5.3 % in Nov 2025, compared with the ratio of 5.3 % in the previous month
  • Household Debt of Ecuador reached 23.6 USD bn in Nov 2025, accounting for 17.8 % of the country's Nominal GDP

View Ecuador's M2 Growth from Dec 2007 to Nov 2025 in the chart:

Ecuador M2 Growth

What was Ecuador's M2 Growth in Nov 2025?

Ecuador Money Supply M2 increased 13.9 % YoY in Nov 2025, compared with a growth of 13.5 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
13.9 Nov 2025 13.5 Oct 2025 -1.1 Dec 2015 25.4 Jul 2008 % monthly Dec 2007 - Nov 2025

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 13.5 Jan 2026 monthly Dec 1994 - Jan 2026
Algeria (%) 9.0 Dec 2024 monthly Jan 2002 - Dec 2024
Argentina (%) 36.9 Dec 2025 monthly Jan 1991 - Dec 2025
Armenia (%) 22.0 Dec 2025 monthly Jan 2003 - Dec 2025
Australia (%) 7.3 Jan 2026 monthly Mar 1966 - Jan 2026
Austria (%) 3.6 Jan 2026 monthly Sep 1998 - Jan 2026
Azerbaijan (%) 6.9 Oct 2025 monthly Dec 1996 - Oct 2025
Bahrain (%) 5.9 Jan 2026 monthly Dec 1975 - Jan 2026
Bangladesh (%) 9.5 Jan 2026 monthly Jun 1987 - Jan 2026
Belarus (%) 25.1 Dec 2025 monthly Dec 1990 - Dec 2025
Belgium (%) 2.8 Jan 2026 monthly Dec 1997 - Jan 2026
Bolivia (%) 17.6 Dec 2025 monthly Dec 1988 - Dec 2025
Bosnia and Herzegovina (%) 9.7 Jan 2026 monthly Aug 1998 - Jan 2026
Botswana (%) 0.8 Nov 2025 monthly Jan 2002 - Nov 2025
Brazil (%) 11.8 Jan 2026 monthly Jan 1971 - Jan 2026
Bulgaria (%) 6.6 Dec 2025 monthly Dec 1996 - Dec 2025
Cambodia (%) 12.2 Jan 2026 monthly Jan 1996 - Jan 2026
Canada (%) 4.7 Dec 2025 monthly Jan 1969 - Dec 2025
Chile (%) 4.1 Feb 2026 monthly Jan 1987 - Feb 2026
China (%) 9.0 Jan 2026 monthly Mar 1997 - Jan 2026
Colombia (%) 12.5 Jan 2026 monthly Dec 1980 - Jan 2026
Croatia (%) 6.6 Dec 2025 monthly Jun 1995 - Dec 2025
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 4.0 Jan 2026 monthly Jan 2003 - Jan 2026
Denmark (%) 2.7 Jan 2026 monthly Jan 1992 - Jan 2026
Ecuador (%) 13.9 Nov 2025 monthly Dec 2007 - Nov 2025
Egypt (%) 18.7 Jan 2026 monthly Jan 1997 - Jan 2026
Estonia (%) 3.5 Jan 2026 monthly Jan 2012 - Jan 2026
European Union (%) 4.0 Jan 2026 monthly Jan 1981 - Jan 2026
Finland (%) 4.8 Jan 2026 monthly Jan 1981 - Jan 2026
France (%) 1.0 Jan 2026 monthly Dec 1978 - Jan 2026
Georgia (%) 25.7 Jan 2026 monthly Oct 1996 - Jan 2026
Germany (%) 4.0 Jan 2026 monthly Jan 1970 - Jan 2026
Ghana (%) 30.3 Jun 2025 quarterly Mar 1991 - Jun 2025
Greece (%) 4.5 Jan 2026 monthly Jan 2002 - Jan 2026
Hong Kong SAR, China (%) 9.9 Jan 2026 monthly Dec 1981 - Jan 2026
Hungary (%) 6.6 Jan 2026 monthly Jan 1999 - Jan 2026
Iceland (%) 4.6 Jan 2026 monthly Sep 1987 - Jan 2026
India (%) 17.2 Dec 2025 monthly Mar 1995 - Dec 2025
Indonesia (%) 10.0 Jan 2026 monthly Feb 1969 - Jan 2026
Iran (%) 36.8 Sep 2025 monthly Dec 2000 - Sep 2025
Ireland (%) 5.4 Dec 2025 monthly Jan 2000 - Dec 2025
Israel (%) 6.0 Nov 2025 monthly Apr 1982 - Nov 2025
Italy (%) 2.5 Dec 2025 monthly Dec 1975 - Dec 2025
Ivory Coast (%) 22.8 Nov 2025 monthly Jan 2005 - Nov 2025
Japan (%) 1.6 Jan 2026 monthly Jan 1968 - Jan 2026
Jordan (%) 5.7 Jan 2026 monthly Jan 1991 - Jan 2026
Kazakhstan (%) 14.3 Jan 2026 monthly Dec 1994 - Jan 2026
Kenya (%) 10.7 Nov 2025 monthly Dec 1996 - Nov 2025
South Korea (%) 5.4 Dec 2025 monthly Jan 1971 - Dec 2025
Kosovo (%) 12.4 2024 yearly 2002 - 2024
Kuwait (%) 3.6 Jan 2026 monthly Jan 1995 - Jan 2026
Kyrgyzstan (%) 54.0 Dec 2025 monthly Jan 1995 - Dec 2025
Laos (%) 19.1 Dec 2025 quarterly Dec 2000 - Dec 2025
Latvia (%) 7.8 Jan 2026 monthly Jan 2015 - Jan 2026
Lebanon (%) 34.4 Nov 2025 monthly Dec 1980 - Nov 2025
Lithuania (%) 8.4 Jan 2026 monthly Dec 1994 - Jan 2026
Luxembourg (%) 5.6 Jan 2026 monthly Jan 2000 - Jan 2026
Macau SAR, China (%) 9.3 Jan 2026 monthly Jun 1985 - Jan 2026
North Macedonia (%) 11.6 Jan 2026 monthly Jan 2004 - Jan 2026
Malawi (%) 51.0 Sep 2025 monthly Jan 1976 - Sep 2025
Malaysia (%) 3.7 Jan 2026 monthly Dec 1970 - Jan 2026
Malta (%) 4.7 Jan 2026 monthly Jan 2009 - Jan 2026
Mauritius (%) 8.5 Dec 2025 monthly Jul 1977 - Dec 2025
Mexico (%) 7.2 Jan 2026 monthly Dec 1986 - Jan 2026
Moldova (%) 14.6 Dec 2025 monthly Jan 2001 - Dec 2025
Mongolia (%) 13.9 Jan 2026 monthly Dec 1997 - Jan 2026
Montenegro (%) 9.9 2024 yearly 2003 - 2024
Morocco (%) 11.6 Jan 2026 monthly Jan 1986 - Jan 2026
Mozambique (%) 11.9 Oct 2025 monthly Dec 2002 - Oct 2025
Myanmar (%) 25.0 Jun 2025 quarterly Dec 2002 - Jun 2025
Nepal (%) 14.2 Jan 2026 monthly Jan 2002 - Jan 2026
Netherlands (%) 3.5 Dec 2025 monthly Dec 1957 - Dec 2025
New Zealand (%) 3.5 Jan 2026 monthly Mar 1989 - Jan 2026
Nigeria (%) 11.0 Jan 2026 monthly Apr 1991 - Jan 2026
Norway (%) 6.5 Jan 2026 monthly Dec 1993 - Jan 2026
Oman (%) 4.3 Sep 2025 monthly Jan 2000 - Sep 2025
Pakistan (%) 17.1 Jan 2026 monthly Jan 1989 - Jan 2026
Palestinian Territory (%) 15.1 Jan 2026 monthly Jul 2003 - Jan 2026
Panama (%) 8.4 Nov 2025 monthly Dec 2003 - Nov 2025
Paraguay (%) 12.6 Jan 2026 monthly Dec 1989 - Jan 2026
Peru (%) 8.8 Jan 2026 monthly Jan 1993 - Jan 2026
Philippines (%) 8.8 Jan 2026 monthly Dec 1989 - Jan 2026
Poland (%) 9.8 Jan 2026 monthly Dec 1997 - Jan 2026
Portugal (%) 5.4 Jan 2026 monthly Dec 1980 - Jan 2026
Qatar (%) 3.5 Dec 2025 monthly Jan 1983 - Dec 2025
Romania (%) 6.9 Jan 2026 monthly Dec 2002 - Jan 2026
Russia (%) 9.7 Jan 2026 monthly Dec 1992 - Jan 2026
Saudi Arabia (%) 7.9 Jan 2026 monthly Jan 1994 - Jan 2026
Serbia (%) 7.2 Jan 2026 monthly Aug 2002 - Jan 2026
Singapore (%) 5.7 Jan 2026 monthly Mar 2005 - Jan 2026
Slovakia (%) 5.6 Jan 2026 monthly Dec 2001 - Jan 2026
Slovenia (%) 6.9 Jan 2026 monthly Jan 2008 - Jan 2026
South Africa (%) 6.9 Jan 2026 monthly Mar 1966 - Jan 2026
Spain (%) 5.2 Jan 2026 monthly Jan 1963 - Jan 2026
Sri Lanka (%) 11.6 Jan 2026 monthly Jan 1995 - Jan 2026
Sudan (%) 74.7 Dec 2025 monthly Dec 2004 - Dec 2025
Sweden (%) 4.7 Jan 2026 monthly Jan 1999 - Jan 2026
Switzerland (%) 16.2 Oct 2025 monthly Dec 1985 - Oct 2025

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Ecuador Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.9 Sep 2025 quarterly Dec 2000 - Sep 2025
Consolidated Fiscal Balance (USD mn) -1,096.658 Sep 2025 quarterly Mar 2000 - Sep 2025
Tax Revenue (USD mn) 4,352.072 Sep 2025 quarterly Mar 2000 - Sep 2025
Tax Revenue: % of GDP (%) 13.5 Sep 2025 quarterly Mar 2000 - Sep 2025
National Government Debt (USD mn) 87,469.0 Dec 2025 quarterly Dec 2005 - Dec 2025
Government Debt: % of GDP (%) 65.6 Sep 2025 quarterly Dec 2005 - Sep 2025
Forecast: Government Expenditure (USD bn) 47.467 2024 yearly 1995 - 2024
Forecast: Government Net Debt (USD bn) 67.019 2024 yearly 2001 - 2024
Forecast: Government Revenue (USD bn) 45.876 2024 yearly 1995 - 2024
Central Government: Finance (USD mn) -594.680 Jan 2026 monthly Jan 2006 - Jan 2026
Central Government: Expenditure excl Amortization (USD mn) 1,512.010 Jan 2026 monthly Jan 2006 - Jan 2026
Central Government: Balance (USD mn) 594.680 Jan 2026 monthly Jan 2006 - Jan 2026
Central Government: Revenue (USD mn) 2,106.680 Jan 2026 monthly Jan 2006 - Jan 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.962 2028 yearly 1980 - 2028
Trade Balance (USD mn) 430.3 Dec 2025 monthly Mar 1992 - Dec 2025
Total Exports (USD mn) 2,930.4 Sep 2025 monthly Jan 1965 - Sep 2025
Total Exports Growth (%) 1.5 Dec 2025 monthly Jan 1966 - Dec 2025
Aluminum: Exports (USD th) 70,731.099 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 27,418.661 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 4,609.277 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,968.7 Dec 2025 monthly Jan 1957 - Dec 2025
Total Imports Growth (%) 10.4 Dec 2025 monthly Jan 1958 - Dec 2025
Imports: Medicament (USD th) 902,307.523 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 336,729.745 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 657.340 Dec 2025 monthly Jan 2007 - Dec 2025
Total Imports from USA (USD mn) 773.247 Dec 2025 monthly Jan 1973 - Dec 2025
Total Exports to China (USD mn) 595.162 Dec 2025 monthly Jan 2007 - Dec 2025
Total Imports from China (USD mn) 853.309 Dec 2025 monthly May 1992 - Dec 2025
Exports: FOB: America: United States (USD mn) 657.340 Dec 2025 monthly Jan 2007 - Dec 2025
Exports: FOB: America: ALADI: Panama (USD mn) 382.174 Dec 2025 monthly Jan 2012 - Dec 2025
Exports: FOB: Asia: People's Republic of China (USD mn) 595.162 Dec 2025 monthly Jan 2007 - Dec 2025
Exports: FOB: Petroleum: Crude Petroleum (USD th) 492,277.328 Dec 2025 monthly Jan 2005 - Dec 2025
Exports: FOB: Non Petroleum: Traditional: Bananas And Plane Tree (USD th) 401,502.800 Dec 2025 monthly Jan 2005 - Dec 2025
Imports: CIF: America: ALADI: Panama (USD mn) 5.195 Dec 2025 monthly Mar 2019 - Dec 2025
Imports: CIF: Capital Goods: Industrial (USD th) 476,228.709 Dec 2025 monthly Jan 2005 - Dec 2025
Imports: CIF: Consumer Goods: Non Durable (USD th) 343,067.926 Dec 2025 monthly Jan 2005 - Dec 2025
Imports: CIF: Raw Materials: Industrial (USD th) 640,593.814 Dec 2025 monthly Jan 2005 - Dec 2025
Imports: CIF: Fuels And Lubricants (USD th) 573,161.126 Dec 2025 monthly Jan 2005 - Dec 2025
Terms of Trade Index: 2007=100 (2007=100) 85.357 Dec 2025 monthly Jan 2014 - Dec 2025
BCE Forecast: Trade Balance: 2018=100 (USD mn) 3,097.200 2025 yearly 2024 - 2025
BCE Forecast: Exports: fob: 2018=100 (USD th) 31,848,323.000 2025 yearly 2024 - 2025
BCE Forecast: Imports: fob: 2018=100 (USD th) 28,751,123.000 2025 yearly 2024 - 2025
Imports: CIF: Asia: People's Republic of China (USD mn) 324.160 Jan 2020 monthly Jan 2010 - Jan 2020
Import Value Index (2015=100) 119.376 2021 yearly 1980 - 2021
Export Value Index (2015=100) 145.654 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 581.6 Sep 2025 quarterly Mar 1993 - Sep 2025
Current Account Balance: % of GDP (%) 1.8 Sep 2025 quarterly Mar 1993 - Sep 2025
Foreign Direct Investment (USD mn) 77.6 Jun 2025 quarterly Mar 1993 - Jun 2025
Foreign Direct Investment: % of GDP (%) 1.7 Sep 2025 quarterly Mar 1993 - Sep 2025
Foreign Portfolio Investment (USD mn) -5.037 Sep 2025 quarterly Mar 1999 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) -0.0 Sep 2025 quarterly Mar 1999 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2025 quarterly Mar 1999 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 3.469 Jun 2025 quarterly Mar 1999 - Jun 2025
External Debt (USD mn) 62,532.1 Dec 2025 monthly Jan 1994 - Dec 2025
External Debt: % of GDP (%) 49.0 2024 yearly 1970 - 2024
External Debt: Short Term (USD mn) 43.9 Sep 2025 quarterly Mar 2004 - Sep 2025
External Debt: Short Term: % of GDP (%) 0.9 2024 yearly 1970 - 2024
Forecast: Current Account Balance (USD bn) 4.516 2030 yearly 1980 - 2030
Net International Investment Position (USD) -11,374,979,000.538 Jun 2025 quarterly Mar 2016 - Jun 2025
Gross External Debt: Long Term (USD mn) 58,691.873 Sep 2025 quarterly Mar 2004 - Sep 2025
Gross External Debt (USD mn) 59,423.363 Sep 2025 quarterly Mar 2004 - Sep 2025
BoP: CA: Goods & Services: Goods (USD mn) 566.773 Sep 2025 quarterly Mar 2016 - Sep 2025
BoP: CA: Goods & Services: Services (USD mn) -539.110 Sep 2025 quarterly Mar 2016 - Sep 2025
External Debt: Public (USD mn) 51,440.225 Dec 2025 monthly Jan 1994 - Dec 2025
External Debt: Private (USD mn) 11,091.865 Dec 2025 monthly Jan 1994 - Dec 2025
Foreign Direct Investment: BPM6 (USD th) 539,082.899 Sep 2025 quarterly Mar 2016 - Sep 2025
Foreign Direct Investment: Asia: China (USD th) 12,350.723 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Europe: Spain (USD th) 88,442.667 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Europe: Netherlands (USD th) 23,806.340 Dec 2018 quarterly Mar 2002 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.2 Jan 2026 monthly Jan 2006 - Jan 2026
Household Debt: % of GDP (%) 17.8 Sep 2025 quarterly Mar 2003 - Sep 2025
Non-Performing Loans (USD mn) 3,804.349 Jan 2026 monthly Jan 2006 - Jan 2026
Money Supply M1 (USD mn) 33,109.445 Oct 2025 monthly Dec 2006 - Oct 2025
Money Supply M2 (USD mn) 98,731.828 Nov 2025 monthly Dec 2006 - Nov 2025
M2 Growth (%) 13.9 Nov 2025 monthly Dec 2007 - Nov 2025
Reserve Requirement Ratio (%) 2.0 Aug 2022 monthly Dec 2009 - Aug 2022
Foreign Exchange Reserves (USD mn) 7,045.1 Feb 2026 monthly Dec 1956 - Feb 2026
Foreign Exchange Reserves: % of GDP (%) 3.888 Sep 2025 quarterly Dec 2000 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 2.0 Dec 2025 monthly Jan 2005 - Dec 2025
Gold Reserves (USD mn) 4,412.649 Feb 2026 monthly Dec 1956 - Feb 2026
Total Deposits (USD mn) 78,423.353 Jan 2026 monthly Jan 2006 - Jan 2026
Total Deposits Growth (%) 14.2 Jan 2026 monthly Jan 2007 - Jan 2026
Domestic Credit (USD mn) 81,407.7 Jan 2026 monthly Jan 2006 - Jan 2026
Domestic Credit Growth (%) 8.5 Jan 2026 monthly Jan 2007 - Jan 2026
Household Debt (USD mn) 23,944.2 Feb 2026 monthly Jan 2003 - Feb 2026
Total Loans (USD mn) 73,746.093 Jan 2026 monthly Jan 2006 - Jan 2026
Total Loans Growth (%) 11.09 Jan 2026 monthly Jan 2007 - Jan 2026
Private Debt: % of Nominal GDP (%) 55.98 Sep 2025 quarterly Mar 2004 - Sep 2025
International Reserve: Net Currency Position (USD mn) 7,045.074 Feb 2026 monthly Jan 2004 - Feb 2026
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -1.6 Jan 2026 monthly Feb 2011 - Jan 2026

More Indicators for Ecuador

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