Canada vs Faroe Islands: 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP
Canada
0.0541 units per US$ of GDP
in 2025
Faroe Islands
0.0579 units per US$ of GDP
in 2024
Canada rank
79th
Faroe Islands rank
77th
28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP over time
- Canada
- Faroe Islands
How they compare
Faroe Islands currently reports 0.0579 units per US$ of GDP against 0.0541 units per US$ of GDP in Canada, a difference of 0.0038 units per US$ of GDP.
That makes Faroe Islands's figure about 1.1 times Canada's.
The two have swapped places 8 times across 30 shared years of data; in 1995 it was Canada ahead.
Canada ranks 79th and Faroe Islands ranks 77th of 204 countries.
Across the 4 decades both report, Canada averaged higher in 3 and Faroe Islands in 1.
Head to head by decade
| Decade | Canada | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.025 units per US$ of GDP | 0.0009 units per US$ of GDP | 0.0242 units per US$ of GDP | Canada |
| 2000s | 0.0286 units per US$ of GDP | 0.0184 units per US$ of GDP | 0.0102 units per US$ of GDP | Canada |
| 2010s | 0.0504 units per US$ of GDP | 0.0541 units per US$ of GDP | 0.0038 units per US$ of GDP | Faroe Islands |
| 2020s | 0.0648 units per US$ of GDP | 0.0529 units per US$ of GDP | 0.0118 units per US$ of GDP | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher 28_cross-border dep. with bis banks, nonbanks, per unit of gdp, Canada or Faroe Islands?
- Faroe Islands, at 0.0579 units per US$ of GDP against 0.0541 units per US$ of GDP in Canada as of 2024.
- What is the difference in 28_cross-border dep. with bis banks, nonbanks, per unit of gdp between Canada and Faroe Islands?
- 0.0038 units per US$ of GDP, with Faroe Islands ahead.
- How many years of comparable data are there for Canada and Faroe Islands?
- 30 years are reported by both, from 1995 to 2024.
- How do Canada and Faroe Islands rank globally for 28_cross-border dep. with bis banks, nonbanks, per unit of gdp?
- Canada ranks 79th and Faroe Islands ranks 77th of 204 countries.
- Where does this data come from?
- Statizoid (derived), published as 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
28_Cross-border dep. with BIS banks, nonbanks divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.