France vs Iceland: Loans from nonresident banks (amounts outstanding) to GDP
Loans from nonresident banks (amounts outstanding) to GDP over time
- France
- Iceland
How they compare
France currently reports 58.4% against 55.5% in Iceland, a difference of 2.9%.
That makes France's figure about 1.1 times Iceland's.
The two have swapped places 1 time across 54 shared years of data; in 1968 it was Iceland ahead.
France ranks 22nd and Iceland ranks 24th of 136 countries.
Across the 7 decades both report, France averaged higher in 1 and Iceland in 6.
Head to head by decade
| Decade | France | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.0% | 2.3% | 2.2% | Iceland |
| 1970s | 1.0% | 7.6% | 6.6% | Iceland |
| 1980s | 5.4% | 21.1% | 15.7% | Iceland |
| 1990s | 10.5% | 62.3% | 51.7% | Iceland |
| 2000s | 41.0% | 231.9% | 190.9% | Iceland |
| 2010s | 61.7% | 127.7% | 66.0% | Iceland |
| 2020s | 63.0% | 58.7% | 4.3% | France |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (amounts outstanding) to gdp, France or Iceland?
- France, at 58.4% against 55.5% in Iceland as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between France and Iceland?
- 2.9%, with France ahead.
- How many years of comparable data are there for France and Iceland?
- 54 years are reported by both, from 1968 to 2021.
- How do France and Iceland rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- France ranks 22nd and Iceland ranks 24th 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.