Non-performing loans less provisions reached -199 CRC bil in 2017 in Costa Rica, according to the National Central Bank. This is 33.3 % more than in the previous year.
Historically, non-performing loans less provisions in Costa Rica reached an all time high of 6.30 CRC bil in 2013 and an all time low of -199 CRC bil in 2017. When compared to Costa Rica's main peers, non-performing loans less provisions in Guatemala amounted to 1.85 GTQ bil and -2.80 HNL bil in Honduras in 2017.
Costa Rica has been ranked 71st within the group of 74 countries we follow in terms of non-performing loans less provisions.
Loan loss provisions (also known as "valuation allowance" and "valuation reserve") are an expense creditors budget as an allowance for bad loans.