Australia vs Cyprus: Loans from nonresident banks (net) to GDP
Loans from nonresident banks (net) to GDP over time
- Australia
- Cyprus
How they compare
Australia currently reports 1.4% against 1.2% in Cyprus, a difference of 0.2%.
That makes Australia's figure about 1.2 times Cyprus's.
The two have swapped places 12 times across 28 shared years of data; in 1993 it was Australia ahead.
Australia ranks 21st and Cyprus ranks 24th of 98 countries.
Across the 4 decades both report, Australia averaged higher in 2 and Cyprus in 2.
Head to head by decade
| Decade | Australia | Cyprus | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.2% | -0.1% | 0.3% | Australia |
| 2000s | 1.3% | 0.4% | 0.9% | Australia |
| 2010s | 0.2% | 1.0% | 0.9% | Cyprus |
| 2020s | 0.4% | 1.2% | 0.8% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (net) to gdp, Australia or Cyprus?
- Australia, at 1.4% against 1.2% in Cyprus as of 2021.
- What is the difference in loans from nonresident banks (net) to gdp between Australia and Cyprus?
- 0.2%, with Australia ahead.
- How many years of comparable data are there for Australia and Cyprus?
- 28 years are reported by both, from 1993 to 2021.
- How do Australia and Cyprus rank globally for loans from nonresident banks (net) to gdp?
- Australia ranks 21st and Cyprus ranks 24th of 98 countries.
- Where does this data come from?
- Bank for International Settlements (BIS), published as Loans from nonresident banks (net) to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Ratio of net 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 12A (Net Issues): International debt securities - all issuers.