Canada vs Panama: Loans from nonresident banks (net) to GDP
Loans from nonresident banks (net) to GDP over time
- Canada
- Panama
How they compare
Canada currently reports 2.6% against 2.1% in Panama, a difference of 0.5%.
That makes Canada's figure about 1.3 times Panama's.
The two have swapped places 12 times across 25 shared years of data; in 1976 it was Canada ahead.
Canada ranks 9th and Panama ranks 12th of 98 countries.
Across the 6 decades both report, Canada averaged higher in 2 and Panama in 4.
Head to head by decade
| Decade | Canada | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.7% | 0.9% | 0.2% | Panama |
| 1980s | 0.4% | -0.5% | 0.9% | Canada |
| 1990s | 0.4% | -1.8% | 2.2% | Canada |
| 2000s | 1.0% | 2.5% | 1.5% | Panama |
| 2010s | 0.4% | 1.5% | 1.1% | Panama |
| 2020s | 1.0% | 2.9% | 1.9% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (net) to gdp, Canada or Panama?
- Canada, at 2.6% against 2.1% in Panama as of 2021.
- What is the difference in loans from nonresident banks (net) to gdp between Canada and Panama?
- 0.5%, with Canada ahead.
- How many years of comparable data are there for Canada and Panama?
- 25 years are reported by both, from 1976 to 2021.
- How do Canada and Panama rank globally for loans from nonresident banks (net) to gdp?
- Canada ranks 9th and Panama ranks 12th 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.