Non-performing loans reached 0.247 SVC bil in 2017 in El Salvador, according to the National Central Bank. This is 1.83 % less than in the previous year.
Historically, non-performing loans in El Salvador reached an all time high of 0.320 SVC bil in 2010 and an all time low of 0.138 SVC bil in 2005. When compared to El Salvador's main peers, non-performing loans in Costa Rica amounted to 447 CRC bil, 4.00 GTQ bil in Guatemala and 7.32 HNL bil in Honduras in 2017.
El Salvador has been ranked 86th within the group of 90 countries we follow in terms of non-performing loans, 31 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.