Bulgaria vs Latvia: Consolidated foreign claims of BIS reporting banks to GDP
Consolidated foreign claims of BIS reporting banks to GDP over time
- Bulgaria
- Latvia
How they compare
Latvia currently reports 60.1% against 56.6% in Bulgaria, a difference of 3.5%.
That makes Latvia's figure about 1.1 times Bulgaria's.
The two have swapped places 3 times across 27 shared years of data; in 1994 it was Bulgaria ahead.
Bulgaria ranks 41st and Latvia ranks 38th of 182 countries.
Across the 4 decades both report, Bulgaria averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Bulgaria | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 17.8% | 4.4% | 13.4% | Bulgaria |
| 2000s | 43.5% | 65.9% | 22.4% | Latvia |
| 2010s | 61.1% | 64.5% | 3.4% | Latvia |
| 2020s | 56.6% | 60.1% | 3.6% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher consolidated foreign claims of bis reporting banks to gdp, Bulgaria or Latvia?
- Latvia, at 60.1% against 56.6% in Bulgaria as of 2020.
- What is the difference in consolidated foreign claims of bis reporting banks to gdp between Bulgaria and Latvia?
- 3.5%, with Latvia ahead.
- How many years of comparable data are there for Bulgaria and Latvia?
- 27 years are reported by both, from 1994 to 2020.
- How do Bulgaria and Latvia rank globally for consolidated foreign claims of bis reporting banks to gdp?
- Bulgaria ranks 41st and Latvia ranks 38th of 182 countries.
- Where does this data come from?
- Consolidated banking statistics, Bank for International Settlements (BIS), published as Consolidated foreign claims of BIS reporting banks to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
The ratio of consolidated foreign claims to GDP of the banks that are reporting to BIS. Foreign claims are defined as the sum of cross-border claims plus foreign offices’ local claims in all currencies. In the consolidated banking statistics claims that are granted or extended to nonresidents are referred to as either cross-border claims. In the context of the consolidated banking statistics, local claims refer to claims of domestic banks’ foreign affiliates (branches/subsidiaries) on the residents of the host country (i.e. country of residence of affiliates). Items (A+L from BIS Table 9A). End-of-year data (i.e. December data) are considered for banks claims. GDP is from World Development Indicators.