Cyprus vs Greece: Loans from nonresident banks (net) to GDP
Loans from nonresident banks (net) to GDP over time
- Cyprus
- Greece
How they compare
Cyprus currently reports 1.2% against 1.0% in Greece, a difference of 0.2%.
That makes Cyprus's figure about 1.2 times Greece's.
The two have swapped places 15 times across 28 shared years of data; in 1993 it was Greece ahead.
Cyprus ranks 24th and Greece ranks 27th of 98 countries.
Across the 4 decades both report, Cyprus averaged higher in 3 and Greece in 1.
Head to head by decade
| Decade | Cyprus | Greece | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -0.1% | 0.7% | 0.8% | Greece |
| 2000s | 0.4% | 0.3% | 0.2% | Cyprus |
| 2010s | 1.0% | 0.5% | 0.5% | Cyprus |
| 2020s | 1.2% | 0.5% | 0.7% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (net) to gdp, Cyprus or Greece?
- Cyprus, at 1.2% against 1.0% in Greece as of 2021.
- What is the difference in loans from nonresident banks (net) to gdp between Cyprus and Greece?
- 0.2%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Greece?
- 28 years are reported by both, from 1993 to 2021.
- How do Cyprus and Greece rank globally for loans from nonresident banks (net) to gdp?
- Cyprus ranks 24th and Greece ranks 27th 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.