Loans from nonresident banks (net) to GDP (%) in Luxembourg
Luxembourg: Loans from nonresident banks (net) to GDP (%) was -0.1% in 2021. ◆ Volatile
Loans from nonresident banks (net) to GDP in Luxembourg, 1976–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
In 2021, loans from nonresident banks (net) to gdp in Luxembourg stood at -0.1%.
The figure is down 102.2% on the previous year and down 104.1% over ten years.
Over the whole period, loans from nonresident banks (net) to gdp in Luxembourg peaked at 23.2% in 2017 and was at its lowest, -2.5%, in 2007.
Luxembourg ranks 77th 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 Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 1976 | 1.7% | — |
| 1980 | 0.2% | -89.2% |
| 1981 | 0.8% | +344.0% |
| 1982 | 1.6% | +100.9% |
| 1983 | 1.2% | -25.4% |
| 1984 | 0.8% | -37.0% |
| 1985 | 0.9% | +11.2% |
| 1986 | 0.1% | -91.2% |
| 1987 | -0.1% | -212.5% |
| 1988 | -2.1% | +2348.5% |
| 1989 | 2.1% | -201.6% |
| 1990 | 0.1% | -96.3% |
| 1991 | 0.1% | -26.1% |
| 1992 | 0.5% | +836.0% |
| 1993 | -0.1% | -111.6% |
| 1994 | 1.3% | -2232.2% |
| 1995 | 2.1% | +58.0% |
| 1996 | 2.5% | +15.9% |
| 1997 | 4.4% | +80.4% |
| 1998 | -0.4% | -108.5% |
| 1999 | 4.0% | -1164.2% |
| 2000 | 9.6% | +139.0% |
| 2001 | 13.7% | +42.6% |
| 2002 | 13.4% | -2.2% |
| 2003 | 21.5% | +60.3% |
| 2004 | 8.5% | -60.4% |
| 2005 | 11.1% | +30.3% |
| 2006 | 3.7% | -66.8% |
| 2007 | -2.5% | -169.0% |
| 2008 | 11.9% | -571.1% |
| 2009 | 0.4% | -96.8% |
| 2010 | -1.6% | -514.6% |
| 2011 | 3.1% | -293.0% |
| 2012 | -1.8% | -159.4% |
| 2013 | 7.9% | -537.9% |
| 2014 | 0.6% | -92.5% |
| 2015 | 6.0% | +910.2% |
| 2016 | 14.7% | +144.5% |
| 2017 | 23.2% | +57.8% |
| 2018 | 7.5% | -67.7% |
| 2019 | 8.3% | +10.9% |
| 2020 | 5.7% | -31.3% |
| 2021 | -0.1% | -102.2% |
Luxembourg compared with similar countries
- Luxembourg's -0.1% is below the median for high income countries, which is 0.3%. (55 countries reporting)
- Luxembourg's -0.1% is below the median for Europe & Central Asia, which is 0.1%. (37 countries reporting)
Biggest year-on-year movements
Years where Loans from nonresident banks (net) to GDP (%) in Luxembourg 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 |
|---|---|---|---|
| 1988 | -2348.5% | -0.1% | -2.1% |
| 1994 | +2232.2% | -0.1% | 1.3% |
| 1999 | +1164.2% | -0.4% | 4.0% |
| 2015 | +910.2% | 0.6% | 6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | 1.7% | 1.7% | 1 |
| 1980s | 0.5% | -2.1% | 2.1% | 10 |
| 1990s | 1.5% | -0.4% | 4.4% | 10 |
| 2000s | 9.1% | -2.5% | 21.5% | 10 |
| 2010s | 6.8% | -1.8% | 23.2% | 10 |
| 2020s | 2.8% | -0.1% | 5.7% | 2 |
Countries ranked near Luxembourg
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 (net) to gdp in Luxembourg?
- Loans from nonresident banks (net) to gdp in Luxembourg was -0.1% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (net) to gdp recorded in Luxembourg?
- The highest recorded value was 23.2% in 2017.
- What is the lowest loans from nonresident banks (net) to gdp recorded in Luxembourg?
- The lowest recorded value was -2.5% in 2007.
- How does Luxembourg rank for loans from nonresident banks (net) to gdp?
- Luxembourg ranks 77th out of 98 countries with data for 2021.
- Is loans from nonresident banks (net) to gdp rising or falling in Luxembourg?
- Over the last ten years it is down 104.1%. 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 (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.