Hong Kong vs Jamaica: Loans from nonresident banks (amounts outstanding) to GDP
Hong Kong
65.8%
in 2021
Jamaica
68.5%
in 2021
Hong Kong rank
16th
Jamaica rank
14th
Loans from nonresident banks (amounts outstanding) to GDP over time
- Hong Kong
- Jamaica
How they compare
Jamaica currently reports 68.5% against 65.8% in Hong Kong, a difference of 2.7%.
The two have swapped places 2 times across 42 shared years of data; in 1972 it was Jamaica ahead.
Hong Kong ranks 16th and Jamaica ranks 14th of 136 countries.
Across the 6 decades both report, Hong Kong averaged higher in 3 and Jamaica in 3.
Head to head by decade
| Decade | Hong Kong | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.3% | 0.8% | 0.5% | Hong Kong |
| 1980s | 1.2% | 0.5% | 0.7% | Hong Kong |
| 1990s | 12.8% | 3.8% | 9.0% | Hong Kong |
| 2000s | 28.6% | 29.3% | 0.7% | Jamaica |
| 2010s | 44.4% | 72.7% | 28.3% | Jamaica |
| 2020s | 65.6% | 73.5% | 7.9% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (amounts outstanding) to gdp, Hong Kong or Jamaica?
- Jamaica, at 68.5% against 65.8% in Hong Kong as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Hong Kong and Jamaica?
- 2.7%, with Jamaica ahead.
- How many years of comparable data are there for Hong Kong and Jamaica?
- 42 years are reported by both, from 1972 to 2021.
- How do Hong Kong and Jamaica rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Hong Kong ranks 16th and Jamaica ranks 14th 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.