Bahamas vs Cyprus: Loans from nonresident banks (amounts outstanding) to GDP
Bahamas
99.1%
in 2021
Cyprus
97.8%
in 2021
Bahamas rank
8th
Cyprus rank
9th
Loans from nonresident banks (amounts outstanding) to GDP over time
- Bahamas
- Cyprus
How they compare
Bahamas currently reports 99.1% against 97.8% in Cyprus, a difference of 1.3%.
The two have swapped places 4 times across 32 shared years of data; in 1990 it was Bahamas ahead.
Bahamas ranks 8th and Cyprus ranks 9th of 136 countries.
Across the 4 decades both report, Bahamas averaged higher in 2 and Cyprus in 2.
Head to head by decade
| Decade | Bahamas | Cyprus | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 29.6% | 6.3% | 23.3% | Bahamas |
| 2000s | 16.7% | 27.1% | 10.4% | Cyprus |
| 2010s | 35.9% | 48.8% | 12.9% | Cyprus |
| 2020s | 102.2% | 99.2% | 3.1% | Bahamas |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (amounts outstanding) to gdp, Bahamas or Cyprus?
- Bahamas, at 99.1% against 97.8% in Cyprus as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Bahamas and Cyprus?
- 1.3%, with Bahamas ahead.
- How many years of comparable data are there for Bahamas and Cyprus?
- 32 years are reported by both, from 1990 to 2021.
- How do Bahamas and Cyprus rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Bahamas ranks 8th and Cyprus ranks 9th 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.