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 (%) 13.4 Dec 2025 monthly Dec 1994 - Dec 2025
Algeria (%) 9.0 Dec 2024 monthly Jan 2002 - Dec 2024
Argentina (%) 38.7 Nov 2025 monthly Jan 1991 - Nov 2025
Armenia (%) 22.0 Dec 2025 monthly Jan 2003 - Dec 2025
Australia (%) 7.1 Dec 2025 monthly Mar 1966 - Dec 2025
Austria (%) 2.4 Dec 2025 monthly Sep 1998 - Dec 2025
Azerbaijan (%) 6.9 Oct 2025 monthly Dec 1996 - Oct 2025
Bahrain (%) 3.8 Dec 2025 monthly Dec 1975 - Dec 2025
Bangladesh (%) 9.6 Dec 2025 monthly Jun 1987 - Dec 2025
Belarus (%) 25.1 Dec 2025 monthly Dec 1990 - Dec 2025
Belgium (%) 2.7 Nov 2025 monthly Dec 1997 - Nov 2025
Bolivia (%) 17.6 Dec 2025 monthly Dec 1988 - Dec 2025
Bosnia and Herzegovina (%) 9.7 Dec 2025 monthly Aug 1998 - Dec 2025
Botswana (%) -3.0 Oct 2025 monthly Jan 2002 - Oct 2025
Brazil (%) 10.2 Dec 2025 monthly Jan 1971 - Dec 2025
Bulgaria (%) 6.6 Dec 2025 monthly Dec 1996 - Dec 2025
Cambodia (%) 12.9 Dec 2025 monthly Jan 1996 - Dec 2025
Canada (%) 5.0 Nov 2025 monthly Jan 1969 - Nov 2025
Chile (%) 3.9 Jan 2026 monthly Jan 1987 - Jan 2026
China (%) 8.5 Dec 2025 monthly Mar 1997 - Dec 2025
Colombia (%) 11.0 Dec 2025 monthly Dec 1980 - Dec 2025
Croatia (%) 6.6 Dec 2025 monthly Jun 1995 - Dec 2025
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 2.7 Nov 2025 monthly Jan 2003 - Nov 2025
Denmark (%) 3.5 Dec 2025 monthly Jan 1992 - Dec 2025
Ecuador (%) 13.9 Nov 2025 monthly Dec 2007 - Nov 2025
Egypt (%) 20.6 Dec 2025 monthly Jan 1997 - Dec 2025
Estonia (%) 4.6 Dec 2025 monthly Jan 2012 - Dec 2025
European Union (%) 3.0 Dec 2025 monthly Jan 1981 - Dec 2025
Finland (%) 3.1 Nov 2025 monthly Jan 1981 - Nov 2025
France (%) 1.1 Dec 2025 monthly Dec 1978 - Dec 2025
Georgia (%) 25.5 Dec 2025 monthly Oct 1996 - Dec 2025
Germany (%) 3.4 Dec 2025 monthly Jan 1970 - Dec 2025
Ghana (%) 30.3 Jun 2025 quarterly Mar 1991 - Jun 2025
Greece (%) 4.7 Dec 2025 monthly Jan 2002 - Dec 2025
Hong Kong SAR, China (%) 11.6 Dec 2025 monthly Dec 1981 - Dec 2025
Hungary (%) 5.1 Dec 2025 monthly Jan 1999 - Dec 2025
Iceland (%) 5.0 Dec 2025 monthly Sep 1987 - Dec 2025
India (%) 12.4 Nov 2025 monthly Mar 1995 - Nov 2025
Indonesia (%) 9.6 Dec 2025 monthly Feb 1969 - Dec 2025
Iran (%) 32.4 Jun 2025 monthly Dec 2000 - Jun 2025
Ireland (%) 5.4 Dec 2025 monthly Jan 2000 - Dec 2025
Israel (%) 5.4 Oct 2025 monthly Apr 1982 - Oct 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 (%) 5.4 Dec 2025 monthly Jan 1991 - Dec 2025
Kazakhstan (%) 16.7 Dec 2025 monthly Dec 1994 - Dec 2025
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 Dec 2025 monthly Jan 1995 - Dec 2025
Kyrgyzstan (%) 57.7 Nov 2025 monthly Jan 1995 - Nov 2025
Laos (%) 19.1 Dec 2025 quarterly Dec 2000 - Dec 2025
Latvia (%) 6.9 Dec 2025 monthly Jan 2015 - Dec 2025
Lebanon (%) 34.4 Nov 2025 monthly Dec 1980 - Nov 2025
Lithuania (%) 6.2 Nov 2025 monthly Dec 1994 - Nov 2025
Luxembourg (%) 4.1 Dec 2025 monthly Jan 2000 - Dec 2025
Macau SAR, China (%) 7.5 Dec 2025 monthly Jun 1985 - Dec 2025
North Macedonia (%) 11.2 Dec 2025 monthly Jan 2004 - Dec 2025
Malawi (%) 51.0 Sep 2025 monthly Jan 1976 - Sep 2025
Malaysia (%) 4.2 Dec 2025 monthly Dec 1970 - Dec 2025
Malta (%) 3.9 Nov 2025 monthly Jan 2009 - Nov 2025
Mauritius (%) 8.9 Nov 2025 monthly Jul 1977 - Nov 2025
Mexico (%) 6.8 Dec 2025 monthly Dec 1986 - Dec 2025
Moldova (%) 14.6 Dec 2025 monthly Jan 2001 - Dec 2025
Mongolia (%) 8.8 Dec 2025 monthly Dec 1997 - Dec 2025
Montenegro (%) 9.9 2024 yearly 2003 - 2024
Morocco (%) 11.0 Dec 2025 monthly Jan 1986 - Dec 2025
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 (%) 4.1 Dec 2025 monthly Mar 1989 - Dec 2025
Nigeria (%) 9.8 Dec 2025 monthly Apr 1991 - Dec 2025
Norway (%) 7.2 Dec 2025 monthly Dec 1993 - Dec 2025
Oman (%) 4.3 Sep 2025 monthly Jan 2000 - Sep 2025
Pakistan (%) 14.4 Nov 2025 monthly Jan 1989 - Nov 2025
Palestinian Territory (%) 15.8 Nov 2025 monthly Jul 2003 - Nov 2025
Panama (%) 8.4 Nov 2025 monthly Dec 2003 - Nov 2025
Paraguay (%) 11.6 Dec 2025 monthly Dec 1989 - Dec 2025
Peru (%) 7.5 Dec 2025 monthly Jan 1993 - Dec 2025
Philippines (%) 7.5 Dec 2025 monthly Dec 1989 - Dec 2025
Poland (%) 10.4 Dec 2025 monthly Dec 1997 - Dec 2025
Portugal (%) 6.0 Oct 2025 monthly Dec 1980 - Oct 2025
Qatar (%) 3.5 Dec 2025 monthly Jan 1983 - Dec 2025
Romania (%) 7.2 Dec 2025 monthly Dec 2002 - Dec 2025
Russia (%) 10.6 Dec 2025 monthly Dec 1992 - Dec 2025
Saudi Arabia (%) 8.7 Dec 2025 monthly Jan 1994 - Dec 2025
Serbia (%) 6.9 Dec 2025 monthly Aug 2002 - Dec 2025
Singapore (%) 6.4 Dec 2025 monthly Mar 2005 - Dec 2025
Slovakia (%) 5.5 Dec 2025 monthly Dec 2001 - Dec 2025
Slovenia (%) 7.3 Dec 2025 monthly Jan 2008 - Dec 2025
South Africa (%) 8.1 Dec 2025 monthly Mar 1966 - Dec 2025
Spain (%) 5.1 Dec 2025 monthly Jan 1963 - Dec 2025
Sri Lanka (%) 11.3 Dec 2025 monthly Jan 1995 - Dec 2025
Sudan (%) 82.3 Nov 2025 monthly Dec 2004 - Nov 2025
Sweden (%) 2.9 Dec 2025 monthly Jan 1999 - Dec 2025
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) -1,083.498 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) 85,105.4 Sep 2025 quarterly Dec 2005 - Sep 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) 315.560 Dec 2025 monthly Jan 2006 - Dec 2025
Central Government: Balance (USD mn) -315.560 Dec 2025 monthly Jan 2006 - Dec 2025
Central Government: Expenditure excl Amortization (USD mn) 2,157.790 Dec 2025 monthly Jan 2006 - Dec 2025
Central Government: Revenue (USD mn) 1,842.230 Dec 2025 monthly Jan 2006 - Dec 2025
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: Raw Materials: Industrial (USD th) 640,593.814 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: 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
Export Value Index (2015=100) 145.654 2021 yearly 1980 - 2021
Import Value Index (2015=100) 119.376 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: Services (USD mn) -539.110 Sep 2025 quarterly Mar 2016 - Sep 2025
BoP: CA: Goods & Services: Goods (USD mn) 566.773 Sep 2025 quarterly Mar 2016 - Sep 2025
External Debt: Private (USD mn) 11,091.865 Dec 2025 monthly Jan 1994 - Dec 2025
External Debt: Public (USD mn) 51,440.225 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: Europe: Spain (USD th) 88,442.667 Dec 2018 quarterly Mar 2002 - Dec 2018
Foreign Direct Investment: Asia: China (USD th) 12,350.723 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 (%) 5.3 Nov 2025 monthly Jan 2006 - Nov 2025
Household Debt: % of GDP (%) 17.8 Sep 2025 quarterly Mar 2003 - Sep 2025
Non-Performing Loans (USD mn) 3,629.820 Dec 2025 monthly Jan 2006 - Dec 2025
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) 6,945.7 Jan 2026 monthly Dec 1956 - Jan 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) 4,209.478 Jan 2026 monthly Dec 1956 - Jan 2026
Total Deposits (USD mn) 78,645.733 Dec 2025 monthly Jan 2006 - Dec 2025
Total Deposits Growth (%) 15.5 Dec 2025 monthly Jan 2007 - Dec 2025
Domestic Credit (USD mn) 82,395.9 Dec 2025 monthly Jan 2006 - Dec 2025
Domestic Credit Growth (%) 10.1 Dec 2025 monthly Jan 2007 - Dec 2025
Household Debt (USD mn) 23,795.2 Jan 2026 monthly Jan 2003 - Jan 2026
Total Loans (USD mn) 73,495.274 Dec 2025 monthly Jan 2006 - Dec 2025
Total Loans Growth (%) 11.20 Nov 2025 monthly Jan 2007 - Nov 2025
Private Debt: % of Nominal GDP (%) 55.98 Sep 2025 quarterly Mar 2004 - Sep 2025
International Reserve: Net Currency Position (USD mn) 6,945.680 Jan 2026 monthly Jan 2004 - Jan 2026
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 6.0 Dec 2025 monthly Feb 2011 - Dec 2025

More Indicators for Ecuador

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