Portugal vs Singapore: Loans from nonresident banks (amounts outstanding) to GDP
Loans from nonresident banks (amounts outstanding) to GDP over time
- Portugal
- Singapore
How they compare
Singapore currently reports 36.6% against 33.8% in Portugal, a difference of 2.8%.
That makes Singapore's figure about 1.1 times Portugal's.
The two have swapped places 2 times across 45 shared years of data; in 1977 it was Singapore ahead.
Portugal ranks 40th and Singapore ranks 37th of 136 countries.
Across the 6 decades both report, Portugal averaged higher in 3 and Singapore in 3.
Head to head by decade
| Decade | Portugal | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.2% | 6.7% | 6.5% | Singapore |
| 1980s | 3.2% | 3.3% | 0.1% | Singapore |
| 1990s | 8.9% | 3.9% | 4.9% | Portugal |
| 2000s | 60.4% | 25.4% | 34.9% | Portugal |
| 2010s | 63.2% | 28.3% | 35.0% | Portugal |
| 2020s | 36.7% | 37.6% | 0.9% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (amounts outstanding) to gdp, Portugal or Singapore?
- Singapore, at 36.6% against 33.8% in Portugal as of 2021.
- What is the difference in loans from nonresident banks (amounts outstanding) to gdp between Portugal and Singapore?
- 2.8%, with Singapore ahead.
- How many years of comparable data are there for Portugal and Singapore?
- 45 years are reported by both, from 1977 to 2021.
- How do Portugal and Singapore rank globally for loans from nonresident banks (amounts outstanding) to gdp?
- Portugal ranks 40th and Singapore ranks 37th 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.