Cyprus vs Finland: Loans from nonresident banks (amounts outstanding) to GDP
Loans from nonresident banks (amounts outstanding) to GDP over time
- Cyprus
- Finland
How they compare
Cyprus currently reports 97.8% against 84.1% in Finland, a difference of 13.7%.
That makes Cyprus's figure about 1.2 times Finland's.
The two have swapped places 3 times across 32 shared years of data; in 1990 it was Finland ahead.
Cyprus ranks 9th and Finland ranks 12th of 136 countries.
Across the 4 decades both report, Cyprus averaged higher in 1 and Finland in 3.
Head to head by decade
| Decade | Cyprus | Finland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.3% | 34.2% | 27.8% | Finland |
| 2000s | 27.1% | 31.9% | 4.8% | Finland |
| 2010s | 48.8% | 71.4% | 22.6% | Finland |
| 2020s | 99.2% | 87.4% | 11.7% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (amounts outstanding) to gdp, Cyprus or Finland?
- Cyprus, at 97.8% against 84.1% in Finland as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Cyprus and Finland?
- 13.7%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Finland?
- 32 years are reported by both, from 1990 to 2021.
- How do Cyprus and Finland rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Cyprus ranks 9th and Finland ranks 12th 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.