Loans from nonresident banks (amounts outstanding) to GDP in Greece
Greece: Loans from nonresident banks (amounts outstanding) to GDP was 54.6% in 2021. ◆ Volatile
Loans from nonresident banks (amounts outstanding) to GDP in Greece, 1972–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
Greece recorded 54.6% for loans from nonresident banks (amounts outstanding) to gdp in 2021.
Compared with earlier readings it is down 4.8% on the previous year and down 43.2% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Greece peaked at 96.0% in 2011 and was at its lowest, 0.1%, in 1980.
Greece ranks 26th of 136 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (amounts outstanding) to GDP in Greece, year by year
| Year | % | Change |
|---|---|---|
| 1972 | 0.3% | — |
| 1973 | 0.3% | +0.7% |
| 1974 | 0.2% | -11.8% |
| 1975 | 0.2% | -11.1% |
| 1976 | 0.2% | -8.4% |
| 1977 | 0.2% | -13.9% |
| 1978 | 0.1% | -18.3% |
| 1979 | 0.1% | -18.7% |
| 1980 | 0.1% | -4.1% |
| 1981 | 0.2% | +62.8% |
| 1982 | 0.3% | +49.1% |
| 1983 | 0.4% | +44.4% |
| 1984 | 0.7% | +102.5% |
| 1985 | 2.5% | +230.5% |
| 1986 | 2.1% | -14.1% |
| 1987 | 2.8% | +30.6% |
| 1988 | 2.8% | +1.0% |
| 1989 | 4.0% | +42.7% |
| 1990 | 4.5% | +12.0% |
| 1991 | 6.9% | +52.9% |
| 1992 | 8.2% | +19.4% |
| 1993 | 12.5% | +52.0% |
| 1994 | 15.6% | +25.0% |
| 1995 | 14.1% | -9.7% |
| 1996 | 14.5% | +3.3% |
| 1997 | 14.7% | +1.5% |
| 1998 | 17.7% | +20.0% |
| 1999 | 18.3% | +3.6% |
| 2000 | 21.2% | +15.7% |
| 2001 | 20.6% | -2.6% |
| 2002 | 25.0% | +21.0% |
| 2003 | 31.8% | +27.6% |
| 2004 | 33.5% | +5.2% |
| 2005 | 33.3% | -0.5% |
| 2006 | 44.6% | +33.6% |
| 2007 | 51.5% | +15.7% |
| 2008 | 49.2% | -4.5% |
| 2009 | 64.2% | +30.5% |
| 2010 | 92.2% | +43.6% |
| 2011 | 96.0% | +4.1% |
| 2012 | 86.6% | -9.8% |
| 2013 | 80.7% | -6.8% |
| 2014 | 74.8% | -7.2% |
| 2015 | 79.7% | +6.5% |
| 2016 | 51.5% | -35.3% |
| 2017 | 46.3% | -10.2% |
| 2018 | 45.4% | -2.1% |
| 2019 | 44.9% | -0.9% |
| 2020 | 57.3% | +27.6% |
| 2021 | 54.6% | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2% | 0.1% | 0.3% | 8 |
| 1980s | 1.6% | 0.1% | 4.0% | 10 |
| 1990s | 12.7% | 4.5% | 18.3% | 10 |
| 2000s | 37.5% | 20.6% | 64.2% | 10 |
| 2010s | 69.8% | 44.9% | 96.0% | 10 |
| 2020s | 55.9% | 54.6% | 57.3% | 2 |
Countries ranked near Greece
More financial sector data for Greece
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 75.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 55.22 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 75.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is loans from nonresident banks (amounts outstanding) to gdp in Greece?
- Loans from nonresident banks (amounts outstanding) to gdp in Greece was 54.6% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Greece?
- The highest recorded value was 96.0% in 2011.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Greece?
- The lowest recorded value was 0.1% in 1980.
- How does Greece rank for loans from nonresident banks (amounts outstanding) to gdp?
- Greece ranks 26th out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Greece?
- Over the last ten years it is down 43.2%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of outstanding 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 7A: External loans and deposits of reporting banks vis-à-vis all sectors.