Belgium vs Italy: Loans from nonresident banks (amounts outstanding) to GDP
Belgium
48.9%
in 2021
Italy
47.7%
in 2021
Belgium rank
29th
Italy rank
30th
Loans from nonresident banks (amounts outstanding) to GDP over time
- Belgium
- Italy
How they compare
Belgium currently reports 48.9% against 47.7% in Italy, a difference of 1.2%.
Across all 53 years both countries report, Belgium has been ahead every year.
Belgium ranks 29th and Italy ranks 30th of 136 countries.
Belgium has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Belgium | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.2% | 0.1% | 0.1% | Belgium |
| 1970s | 0.6% | 0.3% | 0.3% | Belgium |
| 1980s | 6.0% | 2.4% | 3.6% | Belgium |
| 1990s | 23.8% | 8.4% | 15.4% | Belgium |
| 2000s | 52.5% | 37.1% | 15.5% | Belgium |
| 2010s | 65.2% | 48.8% | 16.5% | Belgium |
| 2020s | 55.4% | 50.9% | 4.5% | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (amounts outstanding) to gdp, Belgium or Italy?
- Belgium, at 48.9% against 47.7% in Italy as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Belgium and Italy?
- 1.2%, with Belgium ahead.
- How many years of comparable data are there for Belgium and Italy?
- 53 years are reported by both, from 1969 to 2021.
- How do Belgium and Italy rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Belgium ranks 29th and Italy ranks 30th 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.