Non-performing loans reached 1.08 ECS bil in 2017 in Ecuador, according to the National Central Bank. This is 4.21 % more than in the previous year.
Historically, non-performing loans in Ecuador reached an all time high of 1.08 ECS bil in 2017 and an all time low of 0.362 ECS bil in 2006. When compared to Ecuador's main peers, non-performing loans in Brazil amounted to 122 BRL bil, 19,258 COP bil in Colombia, 2.02 PAB bil in Panama and 13.3 PEN bil in Peru in 2017.
Ecuador has been ranked 80th within the group of 90 countries we follow in terms of non-performing loans, 28 places behind the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.