Loans from nonresident banks (net) to GDP (%) in Greece
Greece: Loans from nonresident banks (net) to GDP (%) was 1.0% in 2021. ◆ Volatile
Loans from nonresident banks (net) to GDP in Greece, 1972–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
Greece recorded 1.0% for loans from nonresident banks (net) to gdp in 2021.
That represents a change of up 2,553.8% on the previous year and down 65.8% over ten years.
Over the whole period, loans from nonresident banks (net) to gdp in Greece peaked at 8.1% in 2010 and was at its lowest, -5.9%, in 2015.
That places Greece 27th out of 98 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (net) to GDP (%) in Greece, year by year
| Year | % | Change |
|---|---|---|
| 1972 | 0.3% | — |
| 1982 | 0.1% | -65.6% |
| 1984 | 0.0% | -90.9% |
| 1986 | -0.3% | -3932.7% |
| 1987 | -0.0% | -88.1% |
| 1989 | 0.6% | -1556.2% |
| 1990 | 0.2% | -58.2% |
| 1991 | 0.4% | +54.6% |
| 1992 | 0.5% | +47.1% |
| 1993 | 1.4% | +174.3% |
| 1994 | 1.6% | +10.7% |
| 1995 | 0.5% | -65.8% |
| 1996 | 0.2% | -55.7% |
| 1997 | 1.7% | +587.9% |
| 1998 | -0.4% | -121.5% |
| 1999 | -0.5% | +32.1% |
| 2000 | -0.2% | -54.0% |
| 2001 | 0.3% | -220.2% |
| 2002 | -0.3% | -217.3% |
| 2003 | 1.0% | -411.8% |
| 2004 | 0.6% | -38.3% |
| 2005 | 0.9% | +46.0% |
| 2006 | 3.8% | +334.0% |
| 2007 | -0.5% | -112.6% |
| 2008 | 2.0% | -518.1% |
| 2009 | -4.5% | -327.7% |
| 2010 | 8.1% | -280.5% |
| 2011 | 3.0% | -63.7% |
| 2012 | -0.4% | -115.0% |
| 2013 | -0.1% | -69.5% |
| 2014 | 0.9% | -769.4% |
| 2015 | -5.9% | -747.3% |
| 2016 | -2.2% | -62.6% |
| 2017 | 1.1% | -148.7% |
| 2018 | -0.9% | -183.1% |
| 2019 | 0.4% | -141.4% |
| 2020 | 0.0% | -89.6% |
| 2021 | 1.0% | +2553.8% |
Greece compared with similar countries
- Greece's 1.0% is above the median for high income countries, which is 0.3%, 3.0× the median. (55 countries reporting)
- Greece's 1.0% is above the median for Europe & Central Asia, which is 0.1%, 8.3× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Loans from nonresident banks (net) to GDP (%) in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | -3932.7% | 0.0% | -0.3% |
| 2021 | +2553.8% | 0.0% | 1.0% |
| 1989 | +1556.2% | -0.0% | 0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3% | 0.3% | 0.3% | 1 |
| 1980s | 0.1% | -0.3% | 0.6% | 5 |
| 1990s | 0.6% | -0.5% | 1.7% | 10 |
| 2000s | 0.3% | -4.5% | 3.8% | 10 |
| 2010s | 0.4% | -5.9% | 8.1% | 10 |
| 2020s | 0.5% | 0.0% | 1.0% | 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 (net) to gdp in Greece?
- Loans from nonresident banks (net) to gdp in Greece was 1.0% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (net) to gdp recorded in Greece?
- The highest recorded value was 8.1% in 2010.
- What is the lowest loans from nonresident banks (net) to gdp recorded in Greece?
- The lowest recorded value was -5.9% in 2015.
- How does Greece rank for loans from nonresident banks (net) to gdp?
- Greece ranks 27th out of 98 countries with data for 2021.
- Is loans from nonresident banks (net) to gdp rising or falling in Greece?
- Over the last ten years it is down 65.8%. 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 (net) to GDP (%). Statizoid updates them automatically from the source API.
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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.