The average for 2022 based on 124 countries was 5.49 percent. The highest value was in Equatorial Guinea: 55.41 percent and the lowest value was in South Korea: 0.24 percent. The indicator is available from 2000 to 2022. Below is a chart for all countries where data are available.

In the last quarter of 2024, Poland was one of the EU country with the highest ratio of non-performing loans (NLPs) to total gross loans, at nearly *** percent. During the same period, the ratio of non-performing loans in Sweden amounted to just *** percent. Non-performing loans are those that are in default, or are close to being in default. Many standard contract terms specify that loans become non-performing after being in default for 90 days, but this can vary.

As of December 2024, the Croatian banking sector had the highest coverage ratio of non-performing loans and advances (NPL) in Europe. The non-performing loan coverage ratio looks at a banks ability to absorb future losses. Banks understand not every loan that they lend will be paid in full, so by predicting the rate of non-performing loans, banks can be prepared to cover these future losses. The higher the coverage ratio, the better prepared a countries banks are for such an outcome. How have evolved NPLs in different European countries? In some countries, such as the United Kingdom, approximately *** percent of loans were non-performing (NPL), whereas less economically stable countries such as Greece have seen NPL’s reach worryingly high levels. Nevertheless, the southern-European country has reduced the size of its NPLs quite fast during the past years. Italy's coverage ratio ramains stable The coverage ratio of NPLs in Italy has remained relatively stable during the past years. That stability was reached after the coverage ratio grew at a fast pace between 2015 and 2018. When looking at the coverage ratio of non-performing mortages, the ranking looked slightly different, with Poland being at the top.

Key information about China Non Performing Loans Ratio

• China Non Performing Loans Ratio stood at 1.5 % in Dec 2024, compared with the ratio of 1.6 % in the previous quarter
• China Non Performing Loans Ratio data is updated quarterly, available from Mar 2005 to Dec 2024
• The data reached an all-time high of 12.4 % in Mar 2005 and a record low of 0.9 % in Sep 2011

The National Financial Regulatory Administration provides quarterly Non Performing Loan Ratio.


Further information about China Non Performing Loans Ratio

• In the latest reports, Money Supply M2 in China increased 7.0 % YoY in Jan 2025
• China Foreign Exchange Reserves was measured at 3,209.0 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 13.9 Months of Import in Dec 2024
• The country's Domestic Credit reached 49,338.1 USD bn in Jan 2025, representing an increased of 7.9 % YoY
• Household Debt of China reached 11,498.4 USD bn in Jan 2025, accounting for 63.3 % of the country's Nominal GDP

As of the first quarter of 2024, the Dominican Republic was the Latin American country with the lowest share of non-performing loans (NPLs). In other countries, such as Nicaragua, Uruguay, El Salvador, and Argentina, NPLs also amounted to less than two percent of all gross loans. Meanwhile, small island states like St. Kitts and Nevis, and Dominica had some of the highest shares of NPLs.

Key information about Netherlands Non Performing Loans Ratio

• Netherlands Non Performing Loans Ratio stood at 1.6 % in Sep 2024, compared with the ratio of 1.6 % in the previous quarter
• Netherlands Non Performing Loans Ratio data is updated quarterly, available from Mar 2008 to Sep 2024
• The data reached an all-time high of 3.2 % in Mar 2014 and a record low of 0.5 % in Mar 2008

[COVID-19-IMPACT]


Further information about Netherlands Non Performing Loans Ratio

• In the latest reports, Money Supply M2 in Netherlands increased 0.7 % YoY in Oct 2024
• Netherlands Foreign Exchange Reserves was measured at 6.8 USD bn in Nov 2024
• The Foreign Exchange Reserves equaled 0.1 Months of Import in Oct 2024
• The country's Domestic Credit reached 1,809.8 USD bn in Aug 2024, representing an drop of 4.7 % YoY
• Household Debt of Netherlands reached 1,211.1 USD bn in Sep 2024, accounting for 97.4 % of the country's Nominal GDP

The value of non-performing loans (NPL) in San Marino and Ukraine amounted to over 30 percent of their total gross loans in 2021. Meanwhile, the NPL ratio of Sweden, Lithuania, Switzerland, Luxembourg, and the United Kingdom was under one percent that year. Some of the largest sellers of NPL in Europe were banks with headquarters in Greece.

As of December 2024, France was one of the European countries with the highest volume of non-performing loans (NPLs). Small and medium-sized enterprises (SMEs) made up most of those NPLs, amounting to **** billion euros. Spain and Germany also had non-performing loans amounting to over ** billion euros. Luxembourg was the EU country with the most non-performing loans per capita.

Key information about United States Non Performing Loans Ratio

• United States Non Performing Loans Ratio stood at 1.7 % in Dec 2024, compared with the ratio of 1.5 % in the previous quarter
• US Non Performing Loans Ratio data is updated quarterly, available from Mar 1985 to Dec 2024
• The data reached an all-time high of 7.5 % in Mar 2010 and a record low of 1.2 % in Sep 2022

Federal Reserve Board provides quarterly Non Performing Loans Ratio. Delinquent Loans or Non Performing Loans are defined as loans past due of over thirty days and still accruing interest as well as those in nonaccrual status, which also covers lease contracts. [COVID-19-IMPACT]


Further information about United States Non Performing Loans Ratio

• In the latest reports, Money Supply M2 in US increased 3.9 % YoY in Dec 2024
• US Foreign Exchange Reserves was measured at 34.9 USD bn in Dec 2024
• The Foreign Exchange Reserves equaled 0.1 Months of Import in Dec 2024
• The country's Domestic Credit reached 30,648.3 USD bn in Mar 2024, representing an drop of 0.3 % YoY
• Household Debt of US reached 18,036.0 USD bn in Dec 2024, accounting for 61.7 % of the country's Nominal GDP

In 2022, Spain still was one major European economies with the highest non-performing loan ratios. The non-performing loans (NPL) ratio fluctuated more in Italy than in some of the other largest European countries. At the same time, the value of NPLs in the United Kingdom amounted to less than one percent of their total gross loans that year. The Italian bank Intesa Sanpaolo was one of the largest sellers of NPLs in Europe.

Key information about Belgium Non Performing Loans Ratio

• Belgium Non Performing Loans Ratio stood at 0.6 % in Mar 2024, compared with the ratio of 0.6 % in the previous quarter
• Belgium Non Performing Loans Ratio data is updated quarterly, available from Mar 2007 to Mar 2024
• The data reached an all-time high of 1.3 % in Mar 2014 and a record low of 0.6 % in Jun 2023

CEIC calculates quarterly Non Performing Loans Ratio from monthly Non Performing Loans and quarterly Total Loans. The National Bank of Belgium provides Non Performing Loans and Total Loans. Non Performing Loans are defined as loans overdue for more than 90 days. Non Performing Loans cover loans granted to individuals and NPISH.


Further information about Belgium Non Performing Loans Ratio

• In the latest reports, Money Supply M2 in Belgium increased 5.7 % YoY in Oct 2024
• Belgium Foreign Exchange Reserves was measured at 5.3 USD bn in Nov 2024
• The Foreign Exchange Reserves equaled 0.1 Months of Import in Oct 2024
• The country's Domestic Credit reached 815.2 USD bn in Oct 2024, representing an increased of 0.0 % YoY
• Household Debt of Belgium reached 365.5 USD bn in Dec 2022, accounting for 58.4 % of the country's Nominal GDP

After falling several years in a row, the non-performing loans (NPL) ratio in the euro area and other EU countries under the single supervisory mechanism increased slightly in 2023 and 2024. In the wake of the financial crisis, non-performing loans became a major concern for policymakers, financial supervisors as well as market participants across the European Union. Non-performing loans are those that are in default, or are close to being in default. Many standard contract terms specify that loans become non-performing after being in default for 90 days, but this can vary. In late 2024, Poland was one of the countries with the highest NPL ratio in Europe.

Peru: Non-performing loans as percent of all bank loans: The latest value from 2022 is 4.12 percent, an increase from 3.91 percent in 2021. In comparison, the world average is 5.49 percent, based on data from 124 countries. Historically, the average for Peru from 2010 to 2022 is 3.02 percent. The minimum value, 1.84 percent, was reached in 2011 while the maximum of 4.13 percent was recorded in 2020.

The average for 2022 based on 9 countries was 9.63 percent. The highest value was in Chad: 27.7 percent and the lowest value was in Rwanda: 3.26 percent. The indicator is available from 2000 to 2022. Below is a chart for all countries where data are available.

Key information about Norway Non Performing Loans Ratio

• Norway Non Performing Loans Ratio stood at 0.4 % in Dec 2022, compared with the ratio of 0.3 % in the previous year
• Norway Non Performing Loans Ratio data is updated yearly, available from Dec 1990 to Dec 2022
• The data reached an all-time high of 8.2 % in Dec 1992 and a record low of 0.3 % in Dec 2021

Norges Bank provides annual Non Performing Loans Ratio. Non Performing Loans are defined as a Loan where the borrower is 30 days in arrears regarding principal or interest payment. Non Performing Loans Ratio covers Household sector only.


Further information about Norway Non Performing Loans Ratio

• In the latest reports, Money Supply M2 in Norway increased 3.7 % YoY in Jul 2024
• Norway Foreign Exchange Reserves was measured at 78.8 USD bn in Aug 2024
• The Foreign Exchange Reserves equaled 9.8 Months of Import in Jul 2024
• The country's Domestic Credit reached 678.6 USD bn in Jul 2024, representing an increased of 3.6 % YoY
• Household Debt of Norway reached 436.8 USD bn in Mar 2024, accounting for 93.5 % of the country's Nominal GDP

Key information about Lebanon Non Performing Loans Ratio

• Lebanon Non Performing Loans Ratio stood at 23.8 % in Jun 2020, compared with the ratio of 20.3 % in the previous quarter
• Lebanon Non Performing Loans Ratio data is updated quarterly, available from Jun 2011 to Jun 2020
• The data reached an all-time high of 23.8 % in Jun 2020 and a record low of 3.7 % in Sep 2012

The International Monetary Fund provides quarterly Non Performing Loans Ratio

Bank non-performing loans to total gross loans in Equatorial Guinea was measured at over 55 percent in 2022. This was the highest ratio in Africa, followed by Chad, Comoros, and the Republic of the Congo. Non-performing loans are those in default or close to being in default. According to the source, a high ratio of bank nonperforming loans to total gross loans can indicate deterioration of the credit portfolio.

Key information about Austria Non Performing Loans Ratio

• Austria Non Performing Loans Ratio stood at 2.7 % in Jun 2024, compared with the ratio of 2.6 % in the previous half a year
• Austria Non Performing Loans Ratio data is updated half a yearly, available from Dec 2009 to Jun 2024
• The data reached an all-time high of 9.1 % in Jun 2012 and a record low of 1.7 % in Jun 2022

Oesterreichische Nationalbank defines Non Performing Loans as loans overdue for more than 90 days. Non Performing Loans is consolidated for the Austrian banking system and its foreign subsidiaries. An estimate for loans to corporations and households is used. Non Performing Loans Ratio is in semiannual frequency, ending in June and December of each year.


Further information about Austria Non Performing Loans Ratio

• In the latest reports, Money Supply M2 in Austria increased 2.7 % YoY in Aug 2024
• Austria Foreign Exchange Reserves was measured at 3.6 USD bn in Oct 2024
• The Foreign Exchange Reserves equaled 0.2 Months of Import in Jun 2024
• The country's Domestic Credit reached 648.1 USD bn in Aug 2024, representing an drop of 1.7 % YoY
• Household Debt of Austria reached 227.9 USD bn in Jun 2024, accounting for 43.9 % of the country's Nominal GDP

Key information about Israel Non Performing Loans Ratio

• Israel Non Performing Loans Ratio stood at 0.8 % in Sep 2024, compared with the ratio of 0.8 % in the previous quarter
• Israel Non Performing Loans Ratio data is updated quarterly, available from Mar 2011 to Sep 2024
• The data reached an all-time high of 4.0 % in Mar 2011 and a record low of 0.7 % in Dec 2022

The International Monetary Fund provides quarterly Non Performing Loans Ratio.


Further information about Israel Non Performing Loans Ratio

• In the latest reports, Money Supply M2 in Israel increased 9.3 % YoY in Oct 2024
• Israel Foreign Exchange Reserves was measured at 212.7 USD bn in Nov 2024
• The Foreign Exchange Reserves equaled 22.0 Months of Import in Dec 2024
• The country's Domestic Credit reached 742.6 USD bn in Apr 2023, representing an increased of 12.9 % YoY
• Household Debt of Israel reached 229.1 USD bn in Nov 2024, accounting for 42.7 % of the country's Nominal GDP

Key information about Colombia Non Performing Loans Ratio

• Colombia Non Performing Loans Ratio stood at 4.7 % in Dec 2024, compared with the ratio of 5.0 % in the previous month
• Colombia Non Performing Loans Ratio data is updated monthly, available from Apr 1995 to Dec 2024
• The data reached an all-time high of 16.3 % in Nov 1999 and a record low of 2.5 % in Dec 2011

The Financial Superintendence of Colombia provides monthly Non Performing Loans Ratio. Non Performing Loans are defined as loans overdue for more than 30 days. [COVID-19-IMPACT]


Further information about Colombia Non Performing Loans Ratio

• In the latest reports, Money Supply M2 in Colombia increased 7.8 % YoY in Jan 2025
• Colombia Foreign Exchange Reserves was measured at 57.6 USD bn in Dec 2024
• The Foreign Exchange Reserves equaled 10.2 Months of Import in Dec 2024
• The country's Domestic Credit reached 208.9 USD bn in Jul 2024, representing an increased of 6.3 % YoY
• Household Debt of Colombia reached 71.2 USD bn in Nov 2024, accounting for 31.3 % of the country's Nominal GDP