Latvia vs Peru: Loans from nonresident banks (net) to GDP
Latvia
4.0%
in 2021
Peru
2.1%
in 2021
Latvia rank
7th
Peru rank
10th
Loans from nonresident banks (net) to GDP over time
- Latvia
- Peru
How they compare
Latvia currently reports 4.0% against 2.1% in Peru, a difference of 1.9%.
That makes Latvia's figure about 1.9 times Peru's.
The two have swapped places 6 times across 11 shared years of data; in 1999 it was Latvia ahead.
Latvia ranks 7th and Peru ranks 10th of 98 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Peru in 2.
Head to head by decade
| Decade | Latvia | Peru | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.0% | -0.0% | 1.0% | Latvia |
| 2000s | -0.2% | 0.6% | 0.9% | Peru |
| 2010s | 1.9% | 0.8% | 1.1% | Latvia |
| 2020s | -1.7% | 2.0% | 3.7% | Peru |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (net) to gdp, Latvia or Peru?
- Latvia, at 4.0% against 2.1% in Peru as of 2021.
- What is the difference in loans from nonresident banks (net) to gdp between Latvia and Peru?
- 1.9%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Peru?
- 11 years are reported by both, from 1999 to 2021.
- How do Latvia and Peru rank globally for loans from nonresident banks (net) to gdp?
- Latvia ranks 7th and Peru ranks 10th 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.