Non-performing loans reached 104 EUR bil in 2017 in Greece, according to the National Central Bank. This is 23.6 % more than in the previous year.
Historically, non-performing loans in Greece reached an all time high of 104 EUR bil in 2017 and an all time low of 7.78 EUR bil in 2008. When compared to Greece's main peers, non-performing loans in Albania amounted to 79.5 ALL bil, 8.29 BGN bil in Bulgaria, 18.9 MKD bil in Macedonia and 64.0 TRY bil in Turkey in 2017.
Greece has been ranked 35th within the group of 90 countries we follow in terms of non-performing loans, 1 places above the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.