Loans from nonresident banks (amounts outstanding) to GDP in Turks and Caicos Islands
Turks and Caicos Islands: Loans from nonresident banks (amounts outstanding) to GDP was 18.0% in 2015. ▼ Falling
Loans from nonresident banks (amounts outstanding) to GDP in Turks and Caicos Islands, 2011–2015
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for loans from nonresident banks (amounts outstanding) to gdp in Turks and Caicos Islands is 18.0%, measured in 2015. That is the lowest value across all 5 years on record.
That represents a change of down 10.7% on the previous year and down 22.6% over five years.
That places Turks and Caicos Islands 73rd out of 136 countries with data for 2015, putting it in the middle of the range.
Loans from nonresident banks (amounts outstanding) to GDP in Turks and Caicos Islands, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 23.3% | — |
| 2012 | 23.4% | +0.2% |
| 2013 | 22.5% | -3.6% |
| 2014 | 20.2% | -10.3% |
| 2015 | 18.0% | -10.7% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 18.0% is below the median for high income countries, which is 39.7%, 45% of the median. (62 countries reporting)
- Turks and Caicos Islands's 18.0% is below the median for Latin America & Caribbean, which is 19.2%, 94% of the median. (29 countries reporting)
Countries ranked near Turks and Caicos Islands
More financial sector data for Turks and Caicos Islands
- Net migration, annual growth rate 0.5682 % change on previous year (2025)
- Net migration 177 (2025)
- Official exchange rate 1 LCU per US$, period average (2025)
- GDP deflator: linked series 107.57 base year varies by country (2024)
- Inflation, GDP deflator: linked series 0.8% (2024)
- GDP deflator: linked series (base year varies by country), annual 0.8295 % change on previous year (2024)
- Reserve assets 0 US dollar (2018)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Total assets, Adjusted using IMF accounting records 2.08 billion US dollar (2018)
- Reserve assets, Adjusted using IMF accounting records 0 US dollar (2018)
Frequently asked questions
- What is loans from nonresident banks (amounts outstanding) to gdp in Turks and Caicos Islands?
- Loans from nonresident banks (amounts outstanding) to gdp in Turks and Caicos Islands was 18.0% in 2015, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Turks and Caicos Islands?
- The highest recorded value was 23.4% in 2012.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Turks and Caicos Islands?
- The lowest recorded value was 18.0% in 2015.
- How does Turks and Caicos Islands rank for loans from nonresident banks (amounts outstanding) to gdp?
- Turks and Caicos Islands ranks 73rd out of 136 countries with data for 2015.
- Where does this Turks and Caicos Islands 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.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.