Ecuador vs Philippines: Loans from nonresident banks (amounts outstanding) to GDP
Loans from nonresident banks (amounts outstanding) to GDP over time
- Ecuador
- Philippines
How they compare
Ecuador currently reports 19.2% against 19.1% in Philippines, a difference of 0.1%.
The two have swapped places 3 times across 45 shared years of data; in 1977 it was Philippines ahead.
Ecuador ranks 66th and Philippines ranks 67th of 136 countries.
Across the 6 decades both report, Ecuador averaged higher in 2 and Philippines in 4.
Head to head by decade
| Decade | Ecuador | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.4% | 2.9% | 2.5% | Philippines |
| 1980s | 0.3% | 2.3% | 2.0% | Philippines |
| 1990s | 13.0% | 10.5% | 2.4% | Ecuador |
| 2000s | 19.8% | 24.2% | 4.4% | Philippines |
| 2010s | 7.1% | 16.2% | 9.1% | Philippines |
| 2020s | 19.8% | 19.6% | 0.3% | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (amounts outstanding) to gdp, Ecuador or Philippines?
- Ecuador, at 19.2% against 19.1% in Philippines as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Ecuador and Philippines?
- 0.1%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Philippines?
- 45 years are reported by both, from 1977 to 2021.
- How do Ecuador and Philippines rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Ecuador ranks 66th and Philippines ranks 67th 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.