Azerbaijan vs Estonia: Loans from nonresident banks (amounts outstanding) to GDP
Azerbaijan
8.2%
in 2021
Estonia
8.6%
in 2021
Azerbaijan rank
109th
Estonia rank
107th
Loans from nonresident banks (amounts outstanding) to GDP over time
- Azerbaijan
- Estonia
How they compare
Estonia currently reports 8.6% against 8.2% in Azerbaijan, a difference of 0.4%.
The two have swapped places 2 times across 14 shared years of data; in 2008 it was Estonia ahead.
Azerbaijan ranks 109th and Estonia ranks 107th of 136 countries.
Across the 3 decades both report, Azerbaijan averaged higher in 1 and Estonia in 2.
Head to head by decade
| Decade | Azerbaijan | Estonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.1% | 2.4% | 2.3% | Estonia |
| 2010s | 5.1% | 5.0% | 0.1% | Azerbaijan |
| 2020s | 9.4% | 9.5% | 0.1% | Estonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (amounts outstanding) to gdp, Azerbaijan or Estonia?
- Estonia, at 8.6% against 8.2% in Azerbaijan as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Azerbaijan and Estonia?
- 0.4%, with Estonia ahead.
- How many years of comparable data are there for Azerbaijan and Estonia?
- 14 years are reported by both, from 2008 to 2021.
- How do Azerbaijan and Estonia rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Azerbaijan ranks 109th and Estonia ranks 107th of 136 countries.
- Where does this data come from?
- Bank for International Settlements (BIS), published as Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.