Non-performing loans as a share of bank loans reached 36.7 % in 2018 in Equatorial Guinea, according to the National Central Bank. This is 34.8 % more than in the previous year.
Historically, non-performing loans as a share of bank loans in Equatorial Guinea reached an all time high of 36.7 % in 2018 and an all time low of 4.42 % in 2011. When compared to Equatorial Guinea's main peers, non-performing loans as a share of bank loans in Cameroon amounted to 12.4 %, 18.2 % in Congo, 9.57 % in Gabon and 11.7 % in Nigeria in 2018.
Equatorial Guinea has been ranked 3rd within the group of 119 countries we follow in terms of non-performing loans as a share of bank loans.
A non-performing loan is a loan that is in default or close to being in default.