Canada vs Spain: Loans from nonresident banks (amounts outstanding) to GDP
Loans from nonresident banks (amounts outstanding) to GDP over time
- Canada
- Spain
How they compare
Spain currently reports 62.0% against 56.2% in Canada, a difference of 5.8%.
That makes Spain's figure about 1.1 times Canada's.
The two have swapped places 1 time across 53 shared years of data; in 1969 it was Canada ahead.
Canada ranks 23rd and Spain ranks 20th of 136 countries.
Across the 7 decades both report, Canada averaged higher in 4 and Spain in 3.
Head to head by decade
| Decade | Canada | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.1% | 0.1% | 0.1% | Canada |
| 1970s | 6.1% | 0.6% | 5.5% | Canada |
| 1980s | 17.3% | 2.4% | 14.9% | Canada |
| 1990s | 25.4% | 11.9% | 13.5% | Canada |
| 2000s | 29.0% | 49.0% | 20.0% | Spain |
| 2010s | 45.7% | 73.5% | 27.8% | Spain |
| 2020s | 59.1% | 66.9% | 7.7% | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (amounts outstanding) to gdp, Canada or Spain?
- Spain, at 62.0% against 56.2% in Canada as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Canada and Spain?
- 5.8%, with Spain ahead.
- How many years of comparable data are there for Canada and Spain?
- 53 years are reported by both, from 1969 to 2021.
- How do Canada and Spain rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Canada ranks 23rd and Spain ranks 20th 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.