Canada vs Switzerland: Loans from nonresident banks (amounts outstanding) to GDP
Loans from nonresident banks (amounts outstanding) to GDP over time
- Canada
- Switzerland
How they compare
Switzerland currently reports 59.1% against 56.2% in Canada, a difference of 2.9%.
That makes Switzerland's figure about 1.1 times Canada's.
The two have swapped places 1 time across 42 shared years of data; in 1980 it was Canada ahead.
Canada ranks 23rd and Switzerland ranks 21st of 136 countries.
Across the 5 decades both report, Canada averaged higher in 2 and Switzerland in 3.
Head to head by decade
| Decade | Canada | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 17.3% | 2.9% | 14.3% | Canada |
| 1990s | 25.4% | 11.5% | 13.9% | Canada |
| 2000s | 29.0% | 53.6% | 24.6% | Switzerland |
| 2010s | 45.7% | 57.3% | 11.6% | Switzerland |
| 2020s | 59.1% | 60.7% | 1.6% | Switzerland |
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 Switzerland?
- Switzerland, at 59.1% against 56.2% in Canada as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Canada and Switzerland?
- 2.9%, with Switzerland ahead.
- How many years of comparable data are there for Canada and Switzerland?
- 42 years are reported by both, from 1980 to 2021.
- How do Canada and Switzerland rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Canada ranks 23rd and Switzerland ranks 21st 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.
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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.