Kenya vs Nigeria: Loans from nonresident banks (amounts outstanding) to GDP
Loans from nonresident banks (amounts outstanding) to GDP over time
- Kenya
- Nigeria
How they compare
Nigeria currently reports 7.5% against 6.4% in Kenya, a difference of 1.1%.
That makes Nigeria's figure about 1.2 times Kenya's.
The two have swapped places 4 times across 9 shared years of data; in 1997 it was Nigeria ahead.
Kenya ranks 113th and Nigeria ranks 111th of 136 countries.
Across the 3 decades both report, Kenya averaged higher in 2 and Nigeria in 1.
Head to head by decade
| Decade | Kenya | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1% | 3.8% | 3.7% | Nigeria |
| 2010s | 4.4% | 3.1% | 1.3% | Kenya |
| 2020s | 6.2% | 6.1% | 0.1% | Kenya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (amounts outstanding) to gdp, Kenya or Nigeria?
- Nigeria, at 7.5% against 6.4% in Kenya as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Kenya and Nigeria?
- 1.1%, with Nigeria ahead.
- How many years of comparable data are there for Kenya and Nigeria?
- 9 years are reported by both, from 1997 to 2021.
- How do Kenya and Nigeria rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Kenya ranks 113th and Nigeria ranks 111th 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.