Non-performing loans reached 0.129 EUR bil in 2017 in Estonia, according to the National Central Bank. This is 17.9 % less than in the previous year.
Historically, non-performing loans in Estonia reached an all time high of 0.958 EUR bil in 2009 and an all time low of 0.020 EUR bil in 2005. When compared to Estonia's main peers, non-performing loans in Finland amounted to 2.54 EUR bil, 1.26 LVL bil in Latvia, 0.776 LTL bil in Lithuania and 5,634 RUB bil in Russia in 2017.
Estonia has been ranked 89th within the group of 90 countries we follow in terms of non-performing loans, 32 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.