Iceland vs Switzerland: Loans from nonresident banks (amounts outstanding) to GDP
Loans from nonresident banks (amounts outstanding) to GDP over time
- Iceland
- Switzerland
How they compare
Switzerland currently reports 59.1% against 55.5% in Iceland, a difference of 3.6%.
That makes Switzerland's figure about 1.1 times Iceland's.
The two have swapped places 1 time across 42 shared years of data; in 1980 it was Iceland ahead.
Iceland ranks 24th and Switzerland ranks 21st of 136 countries.
Across the 5 decades both report, Iceland averaged higher in 4 and Switzerland in 1.
Head to head by decade
| Decade | Iceland | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 21.1% | 2.9% | 18.2% | Iceland |
| 1990s | 62.3% | 11.5% | 50.8% | Iceland |
| 2000s | 231.9% | 53.6% | 178.3% | Iceland |
| 2010s | 127.7% | 57.3% | 70.5% | Iceland |
| 2020s | 58.7% | 60.7% | 2.0% | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (amounts outstanding) to gdp, Iceland or Switzerland?
- Switzerland, at 59.1% against 55.5% in Iceland as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Iceland and Switzerland?
- 3.6%, with Switzerland ahead.
- How many years of comparable data are there for Iceland and Switzerland?
- 42 years are reported by both, from 1980 to 2021.
- How do Iceland and Switzerland rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Iceland ranks 24th and Switzerland ranks 21st 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.