Loans from nonresident banks (amounts outstanding) to GDP in Luxembourg
Luxembourg: Loans from nonresident banks (amounts outstanding) to GDP was 352.3% in 2021. ◆ Volatile
Loans from nonresident banks (amounts outstanding) to GDP in Luxembourg, 1972–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for loans from nonresident banks (amounts outstanding) to gdp in Luxembourg is 352.3%, measured in 2021.
The figure is down 16.2% on the previous year and up 142.4% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Luxembourg peaked at 420.3% in 2020 and was at its lowest, 0.8%, in 1972.
That places Luxembourg 3rd 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 Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 1972 | 0.8% | — |
| 1973 | 3.2% | +282.5% |
| 1974 | 2.9% | -11.2% |
| 1975 | 2.8% | -2.5% |
| 1976 | 4.4% | +57.3% |
| 1977 | 14.2% | +224.7% |
| 1978 | 16.4% | +15.2% |
| 1979 | 16.2% | -1.2% |
| 1980 | 14.4% | -11.1% |
| 1981 | 17.5% | +21.7% |
| 1982 | 21.7% | +24.1% |
| 1983 | 21.0% | -3.3% |
| 1984 | 20.4% | -2.8% |
| 1985 | 22.4% | +9.5% |
| 1986 | 16.7% | -25.3% |
| 1987 | 17.1% | +2.3% |
| 1988 | 10.6% | -37.9% |
| 1989 | 12.1% | +13.9% |
| 1990 | 39.4% | +225.9% |
| 1991 | 23.6% | -40.1% |
| 1992 | 26.1% | +10.7% |
| 1993 | 91.5% | +250.0% |
| 1994 | 54.4% | -40.5% |
| 1995 | 48.2% | -11.5% |
| 1996 | 53.6% | +11.2% |
| 1997 | 55.5% | +3.6% |
| 1998 | 56.3% | +1.4% |
| 1999 | 52.3% | -7.0% |
| 2000 | 67.5% | +29.0% |
| 2001 | 107.1% | +58.7% |
| 2002 | 145.0% | +35.3% |
| 2003 | 164.8% | +13.6% |
| 2004 | 170.6% | +3.5% |
| 2005 | 173.7% | +1.9% |
| 2006 | 209.9% | +20.8% |
| 2007 | 178.5% | -15.0% |
| 2008 | 164.6% | -7.8% |
| 2009 | 172.3% | +4.7% |
| 2010 | 156.5% | -9.2% |
| 2011 | 145.3% | -7.1% |
| 2012 | 146.0% | +0.5% |
| 2013 | 169.3% | +15.9% |
| 2014 | 172.2% | +1.7% |
| 2015 | 235.9% | +37.0% |
| 2016 | 274.8% | +16.5% |
| 2017 | 349.3% | +27.1% |
| 2018 | 354.1% | +1.4% |
| 2019 | 409.8% | +15.7% |
| 2020 | 420.3% | +2.6% |
| 2021 | 352.3% | -16.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.6% | 0.8% | 16.4% | 8 |
| 1980s | 17.4% | 10.6% | 22.4% | 10 |
| 1990s | 50.1% | 23.6% | 91.5% | 10 |
| 2000s | 155.4% | 67.5% | 209.9% | 10 |
| 2010s | 241.3% | 145.3% | 409.8% | 10 |
| 2020s | 386.3% | 352.3% | 420.3% | 2 |
Countries ranked near Luxembourg
- 1 Marshall Islands 2,132.6% compare
- 2 Bermuda 1,081.1% compare
- 4 Curaçao 211.4% compare
- 5 Lebanon 176.0% compare
- 6 Netherlands 133.8% compare
More financial sector data for Luxembourg
- Reserve position in the IMF, US dollar, annual growth rate 6.15 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0046 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 683.75 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.09 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0034 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 499.27 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.15 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0046 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 683.75 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.09 % change on previous year (2025)
Frequently asked questions
- What is loans from nonresident banks (amounts outstanding) to gdp in Luxembourg?
- Loans from nonresident banks (amounts outstanding) to gdp in Luxembourg was 352.3% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Luxembourg?
- The highest recorded value was 420.3% in 2020.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Luxembourg?
- The lowest recorded value was 0.8% in 1972.
- How does Luxembourg rank for loans from nonresident banks (amounts outstanding) to gdp?
- Luxembourg ranks 3rd out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Luxembourg?
- Over the last ten years it is up 142.4%. The long-run trend across the full record is volatile.
- Where does this Luxembourg 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.