Iceland vs Kuwait: Loans from nonresident banks (net) to GDP
Loans from nonresident banks (net) to GDP over time
- Iceland
- Kuwait
How they compare
Kuwait currently reports 1.7% against 1.6% in Iceland, a difference of 0.1%.
That makes Kuwait's figure about 1.1 times Iceland's.
The two have swapped places 5 times across 14 shared years of data; in 2003 it was Iceland ahead.
Iceland ranks 18th and Kuwait ranks 15th of 98 countries.
Across the 3 decades both report, Iceland averaged higher in 1 and Kuwait in 2.
Head to head by decade
| Decade | Iceland | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.5% | 0.2% | 15.3% | Iceland |
| 2010s | -6.0% | 0.5% | 6.6% | Kuwait |
| 2020s | 0.5% | 1.7% | 1.3% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (net) to gdp, Iceland or Kuwait?
- Kuwait, at 1.7% against 1.6% in Iceland as of 2020.
- What is the difference in loans from nonresident banks (net) to gdp between Iceland and Kuwait?
- 0.1%, with Kuwait ahead.
- How many years of comparable data are there for Iceland and Kuwait?
- 14 years are reported by both, from 2003 to 2020.
- How do Iceland and Kuwait rank globally for loans from nonresident banks (net) to gdp?
- Iceland ranks 18th and Kuwait ranks 15th 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.