Non-performing loans as a share of bank loans reached 0.456% in 2023 in Canada, according to the National Central Bank. This is 33.2% more than in the previous year.
Historically, non-performing loans as a share of bank loans in Canada reached an all time high of 1.60% in 2002 and an all time low of 0.343% in 2022.
Canada has been ranked 73rd within the group of 75 countries we follow in terms of non-performing loans as a share of bank loans.
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