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Ecuador Interest Rate

Ecuador's benchmark interest rate fell to 8% by September 30, 2025, the lowest since July 2022, down from 8.17% on August 31, 2025. This decrease is due to 0.81% inflation in August 2025 and a 3.4% year-on-year GDP rebound in Q1 2025. Policy rates also decreased between January and February 2025. Ecuador's record low interest rate was 6.67% on May 31, 2018 and record high was 11.68% on September 30, 2024.

Historical Data (2015-2025)

(in %)
Date Interest Rate
Sep 30, 2025 8%
Aug 31, 2025 8.17%
Jul 31, 2025 8.5%
Jun 30, 2025 8.46%
May 31, 2025 8.34%
Apr 30, 2025 8.4%
Mar 31, 2025 8.54%
Feb 28, 2025 9.33%
Jan 31, 2025 9.8%
Dec 31, 2024 10.43%
Nov 30, 2024 10.73%
Oct 31, 2024 11.25%
Sep 30, 2024 11.68%
Aug 31, 2024 11.12%
Jul 31, 2024 11.63%
Jun 30, 2024 11.4%
May 31, 2024 11.12%
Apr 30, 2024 10.87%
Mar 31, 2024 10.53%
Feb 29, 2024 10.34%
Jan 31, 2024 10.14%
Dec 31, 2023 9.94%
Nov 30, 2023 9.8%
Oct 31, 2023 9.48%
Sep 30, 2023 9.49%
Aug 31, 2023 9.29%
Jul 31, 2023 9.02%
Jun 30, 2023 9.03%
May 31, 2023 8.96%
Apr 30, 2023 9.04%
Mar 31, 2023 8.96%
Feb 28, 2023 8.78%
Jan 31, 2023 8.54%
Dec 31, 2022 8.48%
Nov 30, 2022 8.49%
Oct 31, 2022 8.35%
Sep 30, 2022 8.45%
Aug 31, 2022 8.09%
Jul 31, 2022 7.31%
Jun 30, 2022 7.11%
May 31, 2022 6.74%
Apr 30, 2022 7.04%
Mar 31, 2022 7.23%
Feb 28, 2022 7.38%
Jan 31, 2022 7.39%
Dec 31, 2021 7.44%
Nov 30, 2021 7.64%
Oct 31, 2021 7.49%
Sep 30, 2021 7.57%
Aug 31, 2021 7.87%
Jul 31, 2021 8.12%
Jun 30, 2021 8.06%
May 31, 2021 9.33%
Apr 30, 2021 8.28%
Mar 31, 2021 8.12%
Feb 28, 2021 8.38%
Jan 31, 2021 8.58%
Dec 31, 2020 8.5%
Nov 30, 2020 8.83%
Oct 31, 2020 8.96%
Sep 30, 2020 9.02%
Aug 31, 2020 9.02%
Jul 31, 2020 9.03%
Jun 30, 2020 9.12%
May 31, 2020 8.98%
Apr 30, 2020 8.4%
Mar 31, 2020 8.77%
Feb 29, 2020 8.81%
Jan 31, 2020 8.68%
Dec 31, 2019 8.78%
Nov 30, 2019 8.68%
Oct 31, 2019 8.79%
Sep 30, 2019 8.65%
Aug 31, 2019 8.74%
Jul 31, 2019 8.26%
Jun 30, 2019 8.02%
May 31, 2019 8.62%
Apr 30, 2019 8.62%
Mar 28, 2019 8.75%
Feb 28, 2019 8.82%
Jan 31, 2019 7.99%
Dec 31, 2018 8.69%
Nov 30, 2018 8.47%
Oct 31, 2018 8.34%
Sep 30, 2018 8.01%
Aug 31, 2018 7.63%
Jul 31, 2018 7.48%
Jun 30, 2018 7.33%
May 31, 2018 6.67%
Apr 30, 2018 8.13%
Mar 31, 2018 7.26%
Feb 28, 2018 7.41%
Jan 31, 2018 7.72%
Dec 31, 2017 7.83%
Nov 30, 2017 7.79%
Oct 31, 2017 7.86%
Sep 30, 2017 8.19%
Aug 31, 2017 7.58%
Jul 31, 2017 8.15%
Jun 30, 2017 7.72%
May 31, 2017 7.37%
Apr 30, 2017 8.13%
Mar 31, 2017 8.14%
Feb 28, 2017 8.25%
Jan 31, 2017 8.02%
Dec 31, 2016 8.1%
Nov 30, 2016 8.38%
Oct 31, 2016 8.71%
Sep 30, 2016 8.78%
Aug 31, 2016 8.21%
Jul 31, 2016 8.67%
Jun 30, 2016 8.66%
May 31, 2016 8.89%
Apr 30, 2016 9.03%
Mar 31, 2016 8.86%
Feb 29, 2016 8.88%
Jan 31, 2016 9.15%
Dec 31, 2015 9.12%
Nov 30, 2015 9.22%
Oct 31, 2015 9.11%
Ecuador Interest Rate : Definition
The Interest Rate set by the Central Bank of Ecuador is the benchmark cost of borrowing in the economy. It influences lending, spending, investment, inflation, and overall financial stability.
Indicator Last Value Prior Value Period
Private Credit (% GDP) 56.18% 54.49% 2024