Loans from nonresident banks (net) to GDP in Finland
Finland: Loans from nonresident banks (net) to GDP was -3.3% in 2021. ◆ Volatile
Loans from nonresident banks (net) to GDP in Finland, 1971–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for loans from nonresident banks (net) to gdp in Finland is -3.3%, measured in 2021. That is the lowest value across all 50 years on record.
That represents a change of down 32.4% on the previous year and down 2,362.0% over ten years.
Over the whole period, loans from nonresident banks (net) to gdp in Finland peaked at 3.2% in 2016 and was at its lowest, -3.3%, in 2021.
Finland ranks 96th of 98 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (net) to GDP in Finland, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 0.4% | — |
| 1972 | 0.4% | +16.8% |
| 1974 | 0.2% | -46.1% |
| 1975 | 0.3% | +22.3% |
| 1976 | 0.6% | +92.5% |
| 1977 | 0.6% | -2.3% |
| 1978 | 0.7% | +20.2% |
| 1979 | 0.4% | -44.7% |
| 1980 | -0.0% | -104.0% |
| 1981 | 0.4% | -2721.0% |
| 1982 | 0.3% | -29.3% |
| 1983 | -0.1% | -118.4% |
| 1984 | 0.2% | -581.9% |
| 1985 | -0.3% | -205.6% |
| 1986 | 0.2% | -184.4% |
| 1987 | 0.7% | +228.6% |
| 1988 | 0.5% | -28.1% |
| 1989 | 0.2% | -51.7% |
| 1990 | 1.3% | +440.0% |
| 1991 | 1.2% | -8.9% |
| 1992 | 2.9% | +135.2% |
| 1993 | -1.2% | -141.6% |
| 1994 | -0.0% | -99.4% |
| 1995 | -1.0% | +14779.1% |
| 1996 | 0.7% | -171.3% |
| 1997 | -1.1% | -254.6% |
| 1998 | -1.5% | +34.5% |
| 1999 | 0.0% | -103.0% |
| 2000 | -0.9% | -2117.9% |
| 2001 | -0.0% | -95.4% |
| 2002 | 0.6% | -1449.0% |
| 2003 | -1.3% | -327.9% |
| 2004 | 0.7% | -152.4% |
| 2005 | 0.8% | +19.2% |
| 2006 | 0.2% | -69.7% |
| 2007 | -1.1% | -555.7% |
| 2008 | -0.0% | -95.9% |
| 2009 | 1.1% | -2662.4% |
| 2010 | 1.6% | +39.8% |
| 2011 | 0.1% | -90.8% |
| 2012 | -0.1% | -190.9% |
| 2013 | 0.8% | -704.8% |
| 2014 | 0.0% | -97.7% |
| 2015 | -1.5% | -8472.4% |
| 2016 | 3.2% | -311.2% |
| 2017 | 2.2% | -32.2% |
| 2018 | 1.1% | -48.5% |
| 2019 | 2.8% | +148.1% |
| 2020 | -2.5% | -190.1% |
| 2021 | -3.3% | +32.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4% | 0.2% | 0.7% | 8 |
| 1980s | 0.2% | -0.3% | 0.7% | 10 |
| 1990s | 0.1% | -1.5% | 2.9% | 10 |
| 2000s | 0.0% | -1.3% | 1.1% | 10 |
| 2010s | 1.0% | -1.5% | 3.2% | 10 |
| 2020s | -2.9% | -3.3% | -2.5% | 2 |
Countries ranked near Finland
More financial sector data for Finland
- Net domestic credit (current LCU), per capita 64,847 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.22 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -1.46 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 49.24 million SDR (2025)
- Gold reserves at market value 4.49 billion SDR (2025)
- Reserves excluding gold, foreign exchange 7.56 billion SDR (2025)
- Reserves excluding gold 11.91 billion SDR (2025)
- Total reserves (gold at market value) 16.40 billion SDR (2025)
- Total reserves (gold at national valuation) 16.34 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,894 SDR per person (2025)
Frequently asked questions
- What is loans from nonresident banks (net) to gdp in Finland?
- Loans from nonresident banks (net) to gdp in Finland was -3.3% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (net) to gdp recorded in Finland?
- The highest recorded value was 3.2% in 2016.
- What is the lowest loans from nonresident banks (net) to gdp recorded in Finland?
- The lowest recorded value was -3.3% in 2021.
- How does Finland rank for loans from nonresident banks (net) to gdp?
- Finland ranks 96th out of 98 countries with data for 2021.
- Is loans from nonresident banks (net) to gdp rising or falling in Finland?
- Over the last ten years it is down 2,362.0%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (net) to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.