Loan loss provisions reached 136 USD bil in 2013 in USA, according to the National Central Bank. This is 16.1 % less than in the previous year.
Historically, loan loss provisions in USA reached an all time high of 231 USD bil in 2010 and an all time low of 136 USD bil in 2013. When compared to USA's main peers, loan loss provisions in Canada amounted to 13.6 CAD bil, 1,674 CNY bil in China and 151 MXN bil in Mexico in 2013.
USA has been ranked 25th within the group of 96 countries we follow in terms of loan loss provisions.
Loan loss provisions (also known as "valuation allowance" and "valuation reserve") are an expense creditors budget as an allowance for bad loans.