Loans from nonresident banks (amounts outstanding) to GDP in Ireland
Ireland: Loans from nonresident banks (amounts outstanding) to GDP was 70.3% in 2021. ◆ Volatile
Loans from nonresident banks (amounts outstanding) to GDP in Ireland, 1971–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for loans from nonresident banks (amounts outstanding) to gdp in Ireland is 70.3%, measured in 2021.
The figure is down 16.7% on the previous year and down 58.3% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Ireland peaked at 220.4% in 2009 and was at its lowest, 0.5%, in 1971.
That places Ireland 13th out of 136 countries with data for 2021, putting it in the top 10%.
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 Ireland, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 0.5% | — |
| 1972 | 0.9% | +77.5% |
| 1973 | 2.6% | +202.5% |
| 1974 | 4.6% | +76.0% |
| 1975 | 4.3% | -6.3% |
| 1976 | 4.7% | +9.3% |
| 1977 | 5.3% | +11.0% |
| 1978 | 5.3% | +0.4% |
| 1979 | 4.9% | -7.4% |
| 1980 | 4.9% | -0.0% |
| 1981 | 7.0% | +43.7% |
| 1982 | 9.3% | +32.3% |
| 1983 | 14.0% | +50.6% |
| 1984 | 16.9% | +20.8% |
| 1985 | 24.2% | +42.8% |
| 1986 | 26.4% | +9.3% |
| 1987 | 25.4% | -4.1% |
| 1988 | 20.5% | -19.1% |
| 1989 | 24.8% | +20.6% |
| 1990 | 22.8% | -8.0% |
| 1991 | 23.0% | +1.2% |
| 1992 | 22.0% | -4.3% |
| 1993 | 31.7% | +43.8% |
| 1994 | 28.8% | -9.1% |
| 1995 | 27.4% | -4.8% |
| 1996 | 30.0% | +9.6% |
| 1997 | 27.4% | -8.7% |
| 1998 | 32.4% | +17.9% |
| 1999 | 36.0% | +11.3% |
| 2000 | 38.4% | +6.5% |
| 2001 | 49.4% | +28.8% |
| 2002 | 51.3% | +3.9% |
| 2003 | 58.9% | +14.7% |
| 2004 | 68.9% | +17.1% |
| 2005 | 79.1% | +14.8% |
| 2006 | 107.1% | +35.4% |
| 2007 | 144.6% | +35.0% |
| 2008 | 165.1% | +14.2% |
| 2009 | 220.4% | +33.5% |
| 2010 | 213.2% | -3.2% |
| 2011 | 168.6% | -20.9% |
| 2012 | 188.7% | +11.9% |
| 2013 | 181.8% | -3.7% |
| 2014 | 125.4% | -31.0% |
| 2015 | 100.7% | -19.7% |
| 2016 | 98.2% | -2.5% |
| 2017 | 95.6% | -2.6% |
| 2018 | 80.3% | -16.0% |
| 2019 | 80.7% | +0.4% |
| 2020 | 84.4% | +4.6% |
| 2021 | 70.3% | -16.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.7% | 0.5% | 5.3% | 9 |
| 1980s | 17.4% | 4.9% | 26.4% | 10 |
| 1990s | 28.2% | 22.0% | 36.0% | 10 |
| 2000s | 98.3% | 38.4% | 220.4% | 10 |
| 2010s | 133.3% | 80.3% | 213.2% | 10 |
| 2020s | 77.4% | 70.3% | 84.4% | 2 |
Countries ranked near Ireland
More financial sector data for Ireland
- Reserve position in the IMF, US dollar, annual growth rate 13.07 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 223.7 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.68 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 163.34 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.07 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 223.7 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.68 % change on previous year (2025)
Frequently asked questions
- What is loans from nonresident banks (amounts outstanding) to gdp in Ireland?
- Loans from nonresident banks (amounts outstanding) to gdp in Ireland was 70.3% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Ireland?
- The highest recorded value was 220.4% in 2009.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Ireland?
- The lowest recorded value was 0.5% in 1971.
- How does Ireland rank for loans from nonresident banks (amounts outstanding) to gdp?
- Ireland ranks 13th out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Ireland?
- Over the last ten years it is down 58.3%. The long-run trend across the full record is volatile.
- Where does this Ireland 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.