Norway vs United Kingdom: Loans from nonresident banks (net) to GDP (%)
Loans from nonresident banks (net) to GDP (%) over time
- Norway
- United Kingdom
How they compare
Norway currently reports 1.6% against 1.5% in United Kingdom, a difference of 0.1%.
That makes Norway's figure about 1.1 times United Kingdom's.
The two have swapped places 14 times across 49 shared years of data; in 1972 it was Norway ahead.
Norway ranks 16th and United Kingdom ranks 19th of 98 countries.
Across the 6 decades both report, Norway averaged higher in 3 and United Kingdom in 3.
Head to head by decade
| Decade | Norway | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.9% | 0.1% | 0.9% | Norway |
| 1980s | -0.0% | 0.2% | 0.2% | United Kingdom |
| 1990s | -0.2% | 0.7% | 0.9% | United Kingdom |
| 2000s | 1.1% | 2.9% | 1.8% | United Kingdom |
| 2010s | 0.1% | -0.4% | 0.5% | Norway |
| 2020s | 1.2% | 0.6% | 0.6% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher loans from nonresident banks (net) to gdp, Norway or United Kingdom?
- Norway, at 1.6% against 1.5% in United Kingdom as of 2021.
- What is the difference in loans from nonresident banks (net) to gdp between Norway and United Kingdom?
- 0.1%, with Norway ahead.
- How many years of comparable data are there for Norway and United Kingdom?
- 49 years are reported by both, from 1972 to 2021.
- How do Norway and United Kingdom rank globally for loans from nonresident banks (net) to gdp?
- Norway ranks 16th and United Kingdom ranks 19th 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.