Ireland vs Panama: Loans from nonresident banks (amounts outstanding) to GDP
Loans from nonresident banks (amounts outstanding) to GDP over time
- Ireland
- Panama
How they compare
Panama currently reports 87.9% against 70.3% in Ireland, a difference of 17.6%.
That makes Panama's figure about 1.3 times Ireland's.
The two have swapped places 6 times across 50 shared years of data; in 1972 it was Panama ahead.
Ireland ranks 13th and Panama ranks 11th of 136 countries.
Across the 6 decades both report, Ireland averaged higher in 4 and Panama in 2.
Head to head by decade
| Decade | Ireland | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.1% | 4.2% | 0.1% | Panama |
| 1980s | 17.4% | 5.0% | 12.4% | Ireland |
| 1990s | 28.2% | 15.9% | 12.3% | Ireland |
| 2000s | 98.3% | 43.5% | 54.9% | Ireland |
| 2010s | 133.3% | 36.2% | 97.1% | Ireland |
| 2020s | 77.4% | 85.6% | 8.3% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (amounts outstanding) to gdp, Ireland or Panama?
- Panama, at 87.9% against 70.3% in Ireland as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Ireland and Panama?
- 17.6%, with Panama ahead.
- How many years of comparable data are there for Ireland and Panama?
- 50 years are reported by both, from 1972 to 2021.
- How do Ireland and Panama rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Ireland ranks 13th and Panama ranks 11th 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.