Canada vs Trinidad and Tobago: Loans from nonresident banks (net) to GDP
Loans from nonresident banks (net) to GDP over time
- Canada
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 2.7% against 2.6% in Canada, a difference of 0.1%.
The two have swapped places 8 times across 17 shared years of data; in 1978 it was Trinidad and Tobago ahead.
Canada ranks 9th and Trinidad and Tobago ranks 8th of 98 countries.
Across the 5 decades both report, Canada averaged higher in 2 and Trinidad and Tobago in 3.
Head to head by decade
| Decade | Canada | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.4% | 1.1% | 0.7% | Trinidad and Tobago |
| 1980s | 0.2% | 0.4% | 0.2% | Trinidad and Tobago |
| 1990s | 0.2% | 0.2% | 0.0% | Canada |
| 2000s | 1.0% | -0.5% | 1.4% | Canada |
| 2010s | 0.7% | 2.3% | 1.6% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (net) to gdp, Canada or Trinidad and Tobago?
- Trinidad and Tobago, at 2.7% against 2.6% in Canada as of 2016.
- What is the difference in loans from nonresident banks (net) to gdp between Canada and Trinidad and Tobago?
- 0.1%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Canada and Trinidad and Tobago?
- 17 years are reported by both, from 1978 to 2016.
- How do Canada and Trinidad and Tobago rank globally for loans from nonresident banks (net) to gdp?
- Canada ranks 9th and Trinidad and Tobago ranks 8th 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.
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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.