Hong Kong vs Sweden: Loans from nonresident banks (amounts outstanding) to GDP
Hong Kong
65.8%
in 2021
Sweden
65.0%
in 2021
Hong Kong rank
16th
Sweden rank
18th
Loans from nonresident banks (amounts outstanding) to GDP over time
- Hong Kong
- Sweden
How they compare
Hong Kong currently reports 65.8% against 65.0% in Sweden, a difference of 0.8%.
The two have swapped places 4 times across 51 shared years of data; in 1971 it was Hong Kong ahead.
Hong Kong ranks 16th and Sweden ranks 18th of 136 countries.
Sweden has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Hong Kong | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.2% | 2.8% | 1.6% | Sweden |
| 1980s | 1.4% | 16.1% | 14.6% | Sweden |
| 1990s | 8.3% | 33.5% | 25.2% | Sweden |
| 2000s | 28.6% | 46.8% | 18.2% | Sweden |
| 2010s | 44.4% | 74.7% | 30.3% | Sweden |
| 2020s | 65.6% | 73.4% | 7.8% | Sweden |
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 Sweden?
- Hong Kong, at 65.8% against 65.0% in Sweden as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Hong Kong and Sweden?
- 0.8%, with Hong Kong ahead.
- How many years of comparable data are there for Hong Kong and Sweden?
- 51 years are reported by both, from 1971 to 2021.
- How do Hong Kong and Sweden rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Hong Kong ranks 16th and Sweden ranks 18th 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.